Is Core Scientific, Stock a Good Investment?
Core Scientific, Investment Advice | CORZ |
- Examine Core Scientific,'s financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Core Scientific,'s leadership team and their track record. Good management can help Core Scientific, navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Internet Services & Infrastructure space and any emerging trends that could impact Core Scientific,'s business and its evolving consumer preferences.
- Compare Core Scientific,'s performance and market position to its competitors. Analyze how Core Scientific, is positioned in terms of product offerings, innovation, and market share.
- Check if Core Scientific, pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Core Scientific,'s stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Core Scientific, Common stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Core Scientific, Common is a good investment.
Sell | Buy |
Hold
Market Performance | Solid | Details | |
Volatility | Moderately volatile | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Average | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Core Scientific, Stock
Researching Core Scientific,'s stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 56.0% of the company shares are held by institutions such as insurance companies. The company recorded a loss per share of 3.49. Core Scientific, Common had not issued any dividends in recent years.
To determine if Core Scientific, is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Core Scientific,'s research are outlined below:
| Core Scientific, appears to be risky and price may revert if volatility continues | |
| Core Scientific, has high likelihood to experience some financial distress in the next 2 years | |
| Core Scientific, Common currently holds 865.54 M in liabilities. Core Scientific, Common has a current ratio of 0.17, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Core Scientific,'s use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 502.4 M. Net Loss for the year was (246.49 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Core Scientific, has a frail financial position based on the latest SEC disclosures | |
| About 56.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from finance.yahoo.com: Core Scientific, Inc. Hedge Funds Are Bullish on This Promising New Technology Stock |
Core Scientific, Quarterly Cash And Short Term Investments |
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Earnings surprises can significantly impact Core Scientific,'s stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Core Scientific,'s investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-05-08 | 2024-03-31 | 0.13 | 0.16 | 0.03 | 23 | ||
2022-03-29 | 2021-12-31 | 0.33 | 0.41 | 0.08 | 24 | ||
2022-11-28 | 2022-09-30 | -0.17 | -1.23 | -1.06 | 623 | ||
2024-11-06 | 2024-09-30 | -0.09 | -1.1742 | -1.0842 | 1204 | ||
2022-05-12 | 2022-03-31 | 0.16 | -1.52 | -1.68 | 1050 | ||
2022-08-11 | 2022-06-30 | 0.04 | -2.65 | -2.69 | 6725 | ||
2024-08-07 | 2024-06-30 | 0.03 | -4.51 | -4.54 | 15133 |
Core Scientific,'s market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.89 B.Market Cap |
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Core Scientific,'s profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.35) | (0.36) | |
| Return On Capital Employed | 0.04 | 0.04 | |
| Return On Assets | (0.35) | (0.36) | |
| Return On Equity | 0.41 | 0.39 |
Determining Core Scientific,'s profitability involves analyzing its financial statements and using various financial metrics to determine if Core Scientific, is a good buy. For example, gross profit margin measures Core Scientific,'s profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Core Scientific,'s profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Core Scientific,'s accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Core Scientific, Common. Check Core Scientific,'s Beneish M Score to see the likelihood of Core Scientific,'s management manipulating its earnings.
Basic technical analysis of Core Stock
As of the 1st of December, Core Scientific, shows the Risk Adjusted Performance of 0.1791, downside deviation of 3.73, and Mean Deviation of 3.23. Core Scientific, Common technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.Core Scientific,'s insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Core Scientific, insiders, such as employees or executives, is commonly permitted as long as it does not rely on Core Scientific,'s material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Core Scientific, insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Understand Core Scientific,'s technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Core Scientific,'s various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1791 | |||
| Market Risk Adjusted Performance | 0.3875 | |||
| Mean Deviation | 3.23 | |||
| Semi Deviation | 3.05 | |||
| Downside Deviation | 3.73 | |||
| Coefficient Of Variation | 447.33 | |||
| Standard Deviation | 4.26 | |||
| Variance | 18.14 | |||
| Information Ratio | 0.1912 | |||
| Jensen Alpha | 0.6237 | |||
| Total Risk Alpha | 0.2312 | |||
| Sortino Ratio | 0.2185 | |||
| Treynor Ratio | 0.3775 | |||
| Maximum Drawdown | 20.33 | |||
| Value At Risk | (5.45) | |||
| Potential Upside | 7.6 | |||
| Downside Variance | 13.9 | |||
| Semi Variance | 9.28 | |||
| Expected Short fall | (3.74) | |||
| Skewness | 0.4722 | |||
| Kurtosis | 1.28 |
| Risk Adjusted Performance | 0.1791 | |||
| Market Risk Adjusted Performance | 0.3875 | |||
| Mean Deviation | 3.23 | |||
| Semi Deviation | 3.05 | |||
| Downside Deviation | 3.73 | |||
| Coefficient Of Variation | 447.33 | |||
| Standard Deviation | 4.26 | |||
| Variance | 18.14 | |||
| Information Ratio | 0.1912 | |||
| Jensen Alpha | 0.6237 | |||
| Total Risk Alpha | 0.2312 | |||
| Sortino Ratio | 0.2185 | |||
| Treynor Ratio | 0.3775 | |||
| Maximum Drawdown | 20.33 | |||
| Value At Risk | (5.45) | |||
| Potential Upside | 7.6 | |||
| Downside Variance | 13.9 | |||
| Semi Variance | 9.28 | |||
| Expected Short fall | (3.74) | |||
| Skewness | 0.4722 | |||
| Kurtosis | 1.28 |
Consider Core Scientific,'s intraday indicators
Core Scientific, intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Core Scientific, stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Core Scientific, Corporate Filings
8K | 25th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 22nd of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
13A | 8th of November 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
| 8th of October 2024 Other Reports | ViewVerify |
Core Stock media impact
Far too much social signal, news, headlines, and media speculation about Core Scientific, that are available to investors today. That information is available publicly through Core media outlets and privately through word of mouth or via Core internal channels. However, regardless of the origin, that massive amount of Core data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Core Scientific, news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Core Scientific, relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Core Scientific,'s headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Core Scientific, alpha.
Core Scientific, Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Core Scientific, can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Core Scientific, Corporate Management
| James Cleveland | Chief Officer | Profile | |
| Michael Bros | Executive Strategy | Profile | |
| Darin Feinstein | Chief CoFounder | Profile | |
| Jay Brummett | Senior Construction | Profile | |
| Ian Ferreira | Chief AI | Profile |
Additional Tools for Core Stock Analysis
When running Core Scientific,'s price analysis, check to measure Core Scientific,'s market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Core Scientific, is operating at the current time. Most of Core Scientific,'s value examination focuses on studying past and present price action to predict the probability of Core Scientific,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Core Scientific,'s price. Additionally, you may evaluate how the addition of Core Scientific, to your portfolios can decrease your overall portfolio volatility.