Bitcoin Depot Inc. (NASDAQ:BTM - Free Report) - Equities research analysts at Noble Financial issued their FY2025 earnings per share (EPS) estimates for Bitcoin Depot in a report released on Wednesday, March 19th. Noble Financial analyst P. Mccann expects that the company will post earnings per share of $0.28 for the year.
A number of other equities research analysts also recently weighed in on the stock. HC Wainwright reissued a "buy" rating and set a $4.00 price target on shares of Bitcoin Depot in a research note on Tuesday, March 18th. B. Riley reiterated a "buy" rating and set a $4.70 target price (up previously from $4.50) on shares of Bitcoin Depot in a research report on Wednesday, March 19th.
Check Out Our Latest Stock Report on BTM
Bitcoin Depot Trading Up 7.4 %
Bitcoin Depot stock traded up $0.11 during trading hours on Friday, reaching $1.59. 383,779 shares of the company's stock traded hands, compared to its average volume of 430,291. The firm has a market capitalization of $96.02 million, a price-to-earnings ratio of -1.71 and a beta of 0.10. The company has a debt-to-equity ratio of 9.33, a quick ratio of 0.91 and a current ratio of 0.91. Bitcoin Depot has a fifty-two week low of $0.93 and a fifty-two week high of $3.52. The firm's 50 day moving average is $1.43 and its 200-day moving average is $1.60.
Institutional Trading of Bitcoin Depot
A number of hedge funds have recently modified their holdings of BTM. Welch Capital Partners LLC NY increased its position in shares of Bitcoin Depot by 480.1% in the 4th quarter. Welch Capital Partners LLC NY now owns 522,073 shares of the company's stock valued at $846,000 after buying an additional 432,073 shares in the last quarter. Two Sigma Advisers LP bought a new stake in shares of Bitcoin Depot in the fourth quarter worth about $267,000. Two Sigma Investments LP acquired a new stake in shares of Bitcoin Depot during the fourth quarter worth about $427,000. Blue Owl Capital Holdings LP lifted its holdings in shares of Bitcoin Depot by 480.0% during the 4th quarter. Blue Owl Capital Holdings LP now owns 18,125 shares of the company's stock valued at $29,000 after purchasing an additional 15,000 shares in the last quarter. Finally, Radcliffe Capital Management L.P. grew its position in shares of Bitcoin Depot by 134.3% in the 4th quarter. Radcliffe Capital Management L.P. now owns 285,835 shares of the company's stock valued at $463,000 after purchasing an additional 163,854 shares during the period. 9.18% of the stock is currently owned by institutional investors and hedge funds.
About Bitcoin Depot
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Bitcoin Depot Inc owns and operates a network of cryptocurrency kiosks in North America. Its customers can buy and sell bitcoin, litecoin, and ethereum cryptocurrencies using the BTM kiosk network and other services. The company also engages in the sale of cryptocurrency to consumers at a network of retail locations through its BDCheckout product offering, as well as its website through over-the-counter trade.
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