Bakkt Holdings, Inc. (BKKT)
NYSE: BKKT · Real-Time Price · USD
8.96
-0.44 (-4.68%)
Nov 4, 2024, 4:00 PM EST - Market closed

Bakkt Holdings Statistics

Total Valuation

Bakkt Holdings has a market cap or net worth of $121.11 million. The enterprise value is $74.25 million.

Market Cap 121.11M
Enterprise Value 74.25M

Important Dates

The next confirmed earnings date is Wednesday, November 13, 2024, before market open.

Earnings Date Nov 13, 2024
Ex-Dividend Date n/a

Share Statistics

Bakkt Holdings has 13.52 million shares outstanding. The number of shares has increased by 36.76% in one year.

Current Share Class 6.32M
Shares Outstanding 13.52M
Shares Change (YoY) +36.76%
Shares Change (QoQ) +40.15%
Owned by Insiders (%) 2.70%
Owned by Institutions (%) 36.17%
Float 6.15M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 0.02
Forward PS 1.53
PB Ratio 1.18
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 0.04
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 1.07, with a Debt / Equity ratio of 0.25.

Current Ratio 1.07
Quick Ratio 0.08
Debt / Equity 0.25
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is -103.31% and return on invested capital (ROIC) is -30.12%.

Return on Equity (ROE) -103.31%
Return on Assets (ROA) -5.54%
Return on Capital (ROIC) -30.12%
Revenue Per Employee $2.39M
Profits Per Employee -$91,865
Employee Count 747
Asset Turnover 1.57
Inventory Turnover n/a

Taxes

In the past 12 months, Bakkt Holdings has paid $504,000 in taxes.

Income Tax 504,000
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -63.05% in the last 52 weeks. The beta is 4.55, so Bakkt Holdings's price volatility has been higher than the market average.

Beta (5Y) 4.55
52-Week Price Change -63.05%
50-Day Moving Average 11.01
200-Day Moving Average 15.70
Relative Strength Index (RSI) 35.90
Average Volume (20 Days) 91,488

Short Selling Information

The latest short interest is 821,757, so 6.08% of the outstanding shares have been sold short.

Short Interest 821,757
Short Previous Month 745,779
Short % of Shares Out 6.08%
Short % of Float 13.36%
Short Ratio (days to cover) 7.84

Income Statement

In the last 12 months, Bakkt Holdings had revenue of $1.78 billion and -$68.62 million in losses. Loss per share was -$15.30.

Revenue 1.78B
Gross Profit -57.14M
Operating Income -100.38M
Pretax Income -68.46M
Net Income -68.62M
EBITDA -94.36M
EBIT -100.38M
Loss Per Share -$15.30
Full Income Statement

Balance Sheet

The company has $62.40 million in cash and $25.23 million in debt, giving a net cash position of $37.17 million or $2.75 per share.

Cash & Cash Equivalents 62.40M
Total Debt 25.23M
Net Cash 37.17M
Net Cash Per Share $2.75
Equity (Book Value) 102.58M
Book Value Per Share 7.57
Working Capital 80.02M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$9.75 million and capital expenditures -$5.62 million, giving a free cash flow of -$15.37 million.

Operating Cash Flow -9.75M
Capital Expenditures -5.62M
Free Cash Flow -15.37M
FCF Per Share -$1.14
Full Cash Flow Statement

Margins

Gross margin is -3.20%, with operating and profit margins of -5.63% and -3.85%.

Gross Margin -3.20%
Operating Margin -5.63%
Pretax Margin -10.47%
Profit Margin -3.85%
EBITDA Margin -5.29%
EBIT Margin -5.63%
FCF Margin 1.07%

Dividends & Yields

Bakkt Holdings does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -36.76%
Shareholder Yield -36.76%
Earnings Yield -56.66%
FCF Yield -12.69%

Analyst Forecast

The average price target for Bakkt Holdings is $13.13, which is 46.54% higher than the current price. The consensus rating is "Hold".

Price Target $13.13
Price Target Difference 46.54%
Analyst Consensus Hold
Analyst Count 2
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on April 29, 2024. It was a reverse split with a ratio of 0.04:1.

Last Split Date Apr 29, 2024
Split Type Reverse
Split Ratio 0.04:1

Scores

Bakkt Holdings has an Altman Z-Score of 0.43 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 0.43
Piotroski F-Score 3