Bitcoin Depot Inc. (NASDAQ:BTM - Free Report) - Investment analysts at Noble Financial raised their Q2 2025 EPS estimates for Bitcoin Depot in a report issued on Friday, May 16th. Noble Financial analyst P. Mccann now forecasts that the company will post earnings per share of $0.13 for the quarter, up from their prior estimate of $0.10.
Bitcoin Depot (NASDAQ:BTM - Get Free Report) last released its quarterly earnings data on Thursday, May 15th. The company reported $0.20 EPS for the quarter, topping the consensus estimate of $0.09 by $0.11. The company had revenue of $164.23 million for the quarter, compared to the consensus estimate of $151.67 million. Bitcoin Depot had a negative return on equity of 488.33% and a negative net margin of 2.28%.
Other equities analysts have also issued research reports about the company. HC Wainwright restated a "buy" rating and set a $4.00 price target on shares of Bitcoin Depot in a research note on Tuesday, March 18th. Northland Securities upgraded Bitcoin Depot from a "market perform" rating to an "outperform" rating and set a $5.00 price target on the stock in a report on Friday, May 16th. Wall Street Zen upgraded Bitcoin Depot from a "hold" rating to a "strong-buy" rating in a research note on Thursday. B. Riley lifted their target price on Bitcoin Depot from $4.70 to $5.50 and gave the company a "buy" rating in a research note on Friday, May 16th. Finally, Northland Capmk upgraded Bitcoin Depot from a "hold" rating to a "strong-buy" rating in a research note on Friday, May 16th. Three equities research analysts have rated the stock with a buy rating and three have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Strong Buy" and an average price target of $4.83.
Read Our Latest Analysis on Bitcoin Depot
Bitcoin Depot Stock Down 4.8%
Shares of Bitcoin Depot stock traded down $0.17 during trading on Monday, hitting $3.34. 3,198,794 shares of the stock traded hands, compared to its average volume of 538,775. The firm has a market cap of $213.56 million, a P/E ratio of -3.59 and a beta of -0.27. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 9.33. Bitcoin Depot has a 52-week low of $0.93 and a 52-week high of $4.01. The stock's fifty day simple moving average is $1.63 and its 200 day simple moving average is $1.64.
Insider Buying and Selling at Bitcoin Depot
In related news, COO Christopher Scott Buchanan sold 20,476 shares of the company's stock in a transaction that occurred on Thursday, April 3rd. The stock was sold at an average price of $1.33, for a total value of $27,233.08. Following the sale, the chief operating officer now owns 169,276 shares in the company, valued at $225,137.08. This represents a 10.79% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 70.23% of the company's stock.
Institutional Trading of Bitcoin Depot
Several large investors have recently made changes to their positions in BTM. Blue Owl Capital Holdings LP boosted its holdings in Bitcoin Depot by 480.0% in the fourth 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 during the last quarter. Verdence Capital Advisors LLC purchased a new stake in shares of Bitcoin Depot in the first quarter worth about $73,000. Renaissance Technologies LLC boosted its stake in shares of Bitcoin Depot by 96.4% in the fourth quarter. Renaissance Technologies LLC now owns 146,100 shares of the company's stock worth $237,000 after buying an additional 71,700 shares during the last quarter. Radcliffe Capital Management L.P. boosted its stake in shares of Bitcoin Depot by 134.3% in the fourth quarter. Radcliffe Capital Management L.P. now owns 285,835 shares of the company's stock worth $463,000 after buying an additional 163,854 shares during the last quarter. Finally, Two Sigma Advisers LP purchased a new stake in shares of Bitcoin Depot in the fourth quarter worth about $267,000. 9.18% of the stock is owned by hedge funds and other institutional investors.
Bitcoin Depot Company Profile
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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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