Core Scientific Inc

Company Profile

Core Scientific Inc had its IPO on 2021-04-08 under the ticker symbol CORZ.

The company operates in the Technology sector and Financial Technology (Fintech) & Infrastructure industry. Core Scientific Inc has a staff strength of 205 employees.

Stock update

Shares of Core Scientific Inc opened at $0.3 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $0.28 - $0.31, and closed at $0.3.

This is a +1.39% increase from the previous day's closing price.

A total volume of 3,348,141 shares were traded at the close of the day’s session.

In the last one week, shares of Core Scientific Inc have slipped by -15.51%.

Core Scientific Inc's Key Ratios

Core Scientific Inc has a market cap of $26.53 million, indicating a price to book ratio of 1.2822 and a price to sales ratio of 0.1851.

In the last 12-months Core Scientific Inc’s revenue was $820.86 million with a gross profit of $238.86 million and an EBITDA of $-66303000. The EBITDA ratio measures Core Scientific Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Core Scientific Inc’s operating margin was -28.92% while its return on assets stood at -8.45% with a return of equity of -234.78%.

In Q3, Core Scientific Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 43.7%.

Core Scientific Inc’s PE and PEG Ratio

Forward PE

0.3058

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-2.562 per share while it has a forward price to earnings multiple of 0.3058 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Core Scientific Inc’s profitability.

Core Scientific Inc stock is trading at a EV to sales ratio of 4.0334 and a EV to EBITDA ratio of -0.6755. Its price to sales ratio in the trailing 12-months stood at 0.1851.

Core Scientific Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$1.40 billion

Total Liabilities

$1.29 billion

Operating Cash Flow

$-5661000.00

Capital Expenditure

$243.76 million

Dividend Payout Ratio

0%

Core Scientific Inc ended 2024 with $1.40 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.40 billion while shareholder equity stood at $73.03 million.

Core Scientific Inc ended 2024 with $0 in deferred long-term liabilities, $1.29 billion in other current liabilities, 36000.00 in common stock, $-1738903000.00 in retained earnings and $0.00 in goodwill. Its cash balance stood at $29.55 million and cash and short-term investments were $29.55 million. The company’s total short-term debt was $1,050,645,000 while long-term debt stood at $0.

Core Scientific Inc’s total current assets stands at $213.57 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $2.18 million compared to accounts payable of $43.61 million and inventory worth $0.

In 2024, Core Scientific Inc's operating cash flow was $-5661000.00 while its capital expenditure stood at $243.76 million.

Comparatively, Core Scientific Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$0.3

52-Week High

$3.47

52-Week Low

$0.0405

Analyst Target Price

$0.32

Core Scientific Inc stock is currently trading at $0.3 per share. It touched a 52-week high of $3.47 and a 52-week low of $3.47. Analysts tracking the stock have a 12-month average target price of $0.32.

Its 50-day moving average was $0.21 and 200-day moving average was $1.35 The short ratio stood at 1.39 indicating a short percent outstanding of 0%.

Around 2857.7% of the company’s stock are held by insiders while 2520% are held by institutions.