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NASDAQ:APPS

Digital Turbine Stock Forecast, Price & News

$41.72
-2.85 (-6.39 %)
(As of 12/2/2020 11:10 AM ET)
Add
Compare
Today's Range
$38.40
Now: $41.72
$43.65
50-Day Range
$28.66
MA: $36.81
$44.98
52-Week Range
$3.48
Now: $41.72
$45.92
Volume68,201 shs
Average Volume3.28 million shs
Market Capitalization$3.70 billion
P/E Ratio139.07
Dividend YieldN/A
Beta2.2
Digital Turbine, Inc., through its subsidiaries, provides media and mobile communication products and solutions for mobile operators, application advertisers, device original equipment manufacturers, and other third parties worldwide. Its software platform that enables mobile operators and OEMs to control, manage, and monetize devices. The company also provides programmatic advertising and targeted media delivery services; and other products and professional services directly related to the core platform. Digital Turbine, Inc. is headquartered in Austin, Texas.
Digital Turbine logo

Beat the Market (BTM) Rank

Analyst Opinion: 2.4Community Rank: 2.8Dividend Strength: 0.0Insider Behavior: 0.8Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.59 out of 5 stars


Industry, Sector and Symbol

Industry Patent owners & lessors
Sub-IndustryN/A
Current SymbolNASDAQ:APPS
CUSIPN/A
Phone512-387-7717
Employees207

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$138.71 million
Cash Flow$0.21 per share
Book Value$1.07 per share

Profitability

Net Income$13.90 million

Miscellaneous

Market Cap$3.70 billion
Next Earnings Date2/8/2021 (Estimated)
OptionableOptionable
$41.72
-2.85 (-6.39 %)
(As of 12/2/2020 11:10 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Digital Turbine (NASDAQ:APPS) Frequently Asked Questions

How has Digital Turbine's stock been impacted by COVID-19?

Digital Turbine's stock was trading at $5.88 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, APPS shares have increased by 658.0% and is now trading at $44.57.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Digital Turbine?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Digital Turbine in the last year. There are currently 1 hold rating and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Digital Turbine
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Digital Turbine?

Wall Street analysts have given Digital Turbine a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Digital Turbine wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Digital Turbine's next earnings date?

Digital Turbine is scheduled to release its next quarterly earnings announcement on Monday, February 8th 2021.
View our earnings forecast for Digital Turbine
.

How were Digital Turbine's earnings last quarter?

Digital Turbine, Inc. (NASDAQ:APPS) announced its quarterly earnings data on Thursday, October, 29th. The software maker reported $0.15 EPS for the quarter, beating analysts' consensus estimates of $0.11 by $0.04. The software maker earned $70.90 million during the quarter, compared to analysts' expectations of $60.54 million. Digital Turbine had a net margin of 13.38% and a return on equity of 38.26%. The business's revenue was up 116.2% on a year-over-year basis.
View Digital Turbine's earnings history
.

What guidance has Digital Turbine issued on next quarter's earnings?

Digital Turbine issued an update on its fourth quarter earnings guidance on Friday, October, 30th. The company provided EPS guidance of $0.15-0.16 for the period, compared to the Thomson Reuters consensus estimate of $0.12. The company issued revenue guidance of $72-75 million, compared to the consensus revenue estimate of $64.63 million.

What price target have analysts set for APPS?

7 analysts have issued 1-year price targets for Digital Turbine's shares. Their forecasts range from $11.00 to $44.00. On average, they expect Digital Turbine's share price to reach $32.64 in the next year. This suggests that the stock has a possible downside of 26.8%.
View analysts' price targets for Digital Turbine
.

Are investors shorting Digital Turbine?

Digital Turbine saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 3,770,000 shares, an increase of 14.6% from the October 31st total of 3,290,000 shares. Based on an average daily trading volume, of 4,610,000 shares, the days-to-cover ratio is currently 0.8 days.
View Digital Turbine's Short Interest
.

Who are some of Digital Turbine's key competitors?

What other stocks do shareholders of Digital Turbine own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Digital Turbine investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Square (SQ), Tesla (TSLA), DocuSign (DOCU), salesforce.com (CRM), Alibaba Group (BABA), PayPal (PYPL), Enphase Energy (ENPH) and Marvell Technology Group (MRVL).

Who are Digital Turbine's key executives?

Digital Turbine's management team includes the following people:
  • Mr. William Gordon Stone III, CEO & Director (Age 52, Pay $865.17k)
  • Mr. Barrett Garrison, Exec. VP & CFO (Age 44, Pay $531.47k)
  • Mr. David Wesch, Chief Accounting Officer & Controller (Age 33, Pay $187.28k)
  • Ms. Christine Collins, Chief Technology Officer (Age 50, Pay $461.07k)
  • Ms. Kirstie Elizabeth Brown, Exec. VP of Global Fin. & Operations (Age 44)
  • Mr. Nicholas Montes, Head of Americas & Exec. VP of Global Bus. Devel.
  • Mr. Matt Tubergen, Exec. VP of Digital Turbine Media
  • Brian Bartholomew, Sr. VP of Capital Markets & Strategy

What is Digital Turbine's stock symbol?

Digital Turbine trades on the NASDAQ under the ticker symbol "APPS."

Who are Digital Turbine's major shareholders?

Digital Turbine's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.36%), State Street Corp (2.18%), Lord Abbett & CO. LLC (1.81%), Arrowstreet Capital Limited Partnership (1.78%), Greenhaven Road Investment Management L.P. (1.47%) and Congress Asset Management Co. MA (0.93%). Company insiders that own Digital Turbine stock include Christine Collins, Christopher Thomas Rogers, Jeff Karish, Michelle M Sterling, Mohan S Gyani, Paul M Schaeffer, Robert M Deutschman, Roy H Chestnutt and William Gordon Stone III.
View institutional ownership trends for Digital Turbine
.

Which major investors are selling Digital Turbine stock?

APPS stock was sold by a variety of institutional investors in the last quarter, including Greenhaven Road Investment Management L.P., S Squared Technology LLC, AQR Capital Management LLC, P.A.W. Capital Corp, Trellus Management Company LLC, Congress Asset Management Co. MA, Cubist Systematic Strategies LLC, and Los Angeles Capital Management & Equity Research Inc.. Company insiders that have sold Digital Turbine company stock in the last year include Christine Collins, Christopher Thomas Rogers, Jeff Karish, and William Gordon Stone III.
View insider buying and selling activity for Digital Turbine
.

Which major investors are buying Digital Turbine stock?

APPS stock was bought by a variety of institutional investors in the last quarter, including Lord Abbett & CO. LLC, Voloridge Investment Management LLC, Braun Stacey Associates Inc., Fuller & Thaler Asset Management Inc., Arrowstreet Capital Limited Partnership, Castleark Management LLC, State of New Jersey Common Pension Fund D, and JPMorgan Chase & Co.. Company insiders that have bought Digital Turbine stock in the last two years include Jeff Karish, Michelle M Sterling, Mohan S Gyani, Robert M Deutschman, Roy H Chestnutt, and William Gordon Stone III.
View insider buying and selling activity for Digital Turbine
.

How do I buy shares of Digital Turbine?

Shares of APPS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Digital Turbine's stock price today?

One share of APPS stock can currently be purchased for approximately $44.57.

How big of a company is Digital Turbine?

Digital Turbine has a market capitalization of $3.95 billion and generates $138.71 million in revenue each year. The software maker earns $13.90 million in net income (profit) each year or $0.17 on an earnings per share basis. Digital Turbine employs 207 workers across the globe.

What is Digital Turbine's official website?

The official website for Digital Turbine is www.digitalturbine.com.

How can I contact Digital Turbine?

Digital Turbine's mailing address is 111 NUECES STREET, AUSTIN TX, 78701. The software maker can be reached via phone at 512-387-7717 or via email at [email protected]

This page was last updated on 12/2/2020 by MarketBeat.com Staff

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