BTCS (BTCS) Stock Price, News & Analysis

Company Overview

BTCS Inc. operates in blockchain technology sector the United States. Its blockchain-infrastructure secures and operates validator nodes on disruptive blockchain networks, as well as validates transactions for crypto holding delegations on dPoS blockchains. The company offers StakeSeeker, a cryptocurrency dashboard and staking-as-a-service platform that allows crypto asset holders to earn rewards by participating in network consensus mechanisms; and Builder+, a Ethereum block builder offered to maximize validator earnings by utilizing algorithms to construct optimized blocks for on-chain validation. In addition, it is involved in the development of ChainQ, an AI-powered blockchain data and analytics platform, which allows users to query real-time and historical on-chain blockchain data. The company was formerly known as Bitcoin Shop, Inc. and changed its name to BTCS Inc. in July 2015. BTCS Inc. was founded in 2014 and is based in Silver Spring, Maryland.

Key Stats

• Today's Range: $2.42 to $2.65
• 50-Day Range: $1.18 to $4.88
• 52-Week Range: $0.95 to $5.41
• Volume: 605,645 shs
• Average Volume: 914,176 shs
• Market Capitalization: $43.58 million
• P/E Ratio: 6.24
• Dividend Yield: N/A
• Price Target: $3.00
• Consensus Rating: Buy

BTCS Stock Analysis - MarketRank™

BTCS scored higher than 57% of companies evaluated by MarketBeat, and ranked 581st out of 937 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.5 / 5
• Analyst Rating: Buy

Consensus Rating

BTCS has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

BTCS has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of BTCS is 6.24, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.29.

Price to Earnings Ratio vs. Sector

The P/E ratio of BTCS is 6.24, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 28.96.

Price to Book Value per Share Ratio

BTCS has a P/B Ratio of 1.56. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.99% of the float of BTCS has been sold short.

Short Interest Ratio / Days to Cover

BTCS has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in BTCS has recently decreased by 77.78%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

BTCS does not currently pay a dividend.

Dividend Growth

BTCS does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of BTCS is 12.20%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.99% of the float of BTCS has been sold short.

Short Interest Ratio / Days to Cover

BTCS has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in BTCS has recently decreased by 77.78%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.2 / 5
• News Sentiment: N/A

News Sentiment

BTCS has a news sentiment score of 0.20. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.78 average news sentiment score of Finance companies.

Search Interest

Only 6 people have searched for BTCS on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, BTCS insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $76,780.00 in company stock.

Percentage Held by Insiders

44.30% of the stock of BTCS is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 3.48% of the stock of BTCS is held by institutions.

BTCS Stock Analysis - Frequently Asked Questions

How have BTCS shares performed this year?

BTCS's stock was trading at $1.63 at the start of the year. Since then, BTCS stock has increased by 57.1% and is now trading at $2.56.
View the best growth stocks for 2024 here.

How were BTCS's earnings last quarter?

BTCS Inc. (NASDAQ:BTCS) issued its quarterly earnings results on Friday, March, 22nd. The company reported ($0.09) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.09). The business earned $0.33 million during the quarter. BTCS had a negative trailing twelve-month return on equity of 15.42% and a net margin of 366.80%.

Who are BTCS's major shareholders?

BTCS's top institutional shareholders include Virtu Financial LLC (0.14%). Insiders that own company stock include Michal Handerhan and Melanie Pump.
View institutional ownership trends.

How do I buy shares of BTCS?

Shares of BTCS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of BTCS own?

Based on aggregate information from My MarketBeat watchlists, some other companies that BTCS investors own include Meta Platforms (META), Argo Blockchain (ARBK), PayPal (PYPL), Taiwan Semiconductor Manufacturing (TSM), APi Group (APG), Bit Digital (BTBT) and Hyliion (HYLN).

Company Calendar

• Last Earnings: 3/22/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Nondepository credit institutions
• Sub-Industry: Banking
• Current Symbol: NASDAQ:BTCS
• CUSIP: N/A
• CIK: 1436229
• Web: www.btcs.com
• Phone: (202) 430-6576
• Fax: N/A
• Employees: 4
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $3.00
• High Stock Price Target: $3.00
• Low Stock Price Target: $3.00
• Potential Upside/Downside: +17.2%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.41
• Trailing P/E Ratio: 6.24
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $7.82 million
• Net Margins: 366.80%
• Pretax Margin: 189.12%
• Return on Equity: -15.42%
• Return on Assets: -13.77%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 19.77
• Quick Ratio: 19.77

Sales & Book Value

• Annual Sales: $2.08 million
• Price / Sales: 20.98
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.64 per share
• Price / Book: 1.56

Miscellaneous

• Outstanding Shares: 17,025,000
• Free Float: 9,483,000
• Market Cap: $43.58 million
• Optionable: Not Optionable
• Beta: 2.10