NASDAQ:APPS Digital Turbine Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Digital Turbine Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $30.38 +0.09 (+0.30 %) (As of 09/25/2020 12:00 AM ET) Add Compare Share Today's Range$29.83Now: $30.38▼$31.4050-Day Range$21.27MA: $26.06▼$32.7952-Week Range$3.48Now: $30.38▼$34.72Volume2.25 million shsAverage Volume3.08 million shsMarket Capitalization$2.66 billionP/E Ratio108.50Dividend YieldN/ABeta2.23 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Digital Turbine, Inc., through its subsidiaries, provides media and mobile communication products and solutions for mobile operators, application developers, device original equipment manufacturers (OEMs), and other third parties worldwide. It provides Ignite, a software platform that enables mobile operators and OEMs to control, manage, and monetize devices. The company offers other products and professional services directly related to the Ignite platform. Digital Turbine, Inc. is headquartered in Austin, Texas.Read More Beat the Market (BTM) Rank™ 2.5 Analyst's Opinion Consensus RatingDigital Turbine has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 7 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $19.61, Digital Turbine has a forecasted downside of 35.5% from its current price of $30.38.Amount of Analyst CoverageDigital Turbine has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.7 Community Rank Outperform VotesDigital Turbine has received 357 “outperform” votes. (Add your “outperform” vote.)Underperform VotesDigital Turbine has received 293 “underperform” votes. (Add your “underperform” vote.)Community SentimentDigital Turbine has received 54.92% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Digital Turbine and other stocks. Vote “Outperform” if you believe APPS will outperform the S&P 500 over the long term. Vote “Underperform” if you believe APPS will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldDigital Turbine does not currently pay a dividend.Dividend GrowthDigital Turbine does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Digital Turbine insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,038,499.00 in company stock.Percentage Held by InsidersOnly 6.20% of the stock of Digital Turbine is held by insiders.Percentage Held by Institutions60.94% of the stock of Digital Turbine is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Digital Turbine are expected to grow by 35.00% in the coming year, from $0.40 to $0.54 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Digital Turbine is 108.50, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.41.Price to Earnings Ratio vs. SectorThe P/E ratio of Digital Turbine is 108.50, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 61.99.Price to Earnings Growth RatioDigital Turbine has a PEG Ratio of 1.63. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioDigital Turbine has a P/B Ratio of 34.13. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.5Community Rank: 2.7Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.49 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Patent owners & lessors Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:APPS Previous Symbol CUSIPN/A CIK317788 Webwww.digitalturbine.com Phone512-387-7717Debt Debt-to-Equity Ratio0.20 Current Ratio0.83 Quick Ratio0.83Price-To-Earnings Trailing P/E Ratio108.50 Forward P/E Ratio75.95 P/E Growth1.63 Sales & Book Value Annual Sales$138.71 million Price / Sales19.18 Cash Flow$0.19 per share Price / Cash Flow161.96 Book Value$0.89 per share Price / Book34.13Profitability EPS (Most Recent Fiscal Year)$0.17 Net Income$13.90 million Net Margins15.35% Return on Equity31.91% Return on Assets14.68%Miscellaneous Employees158 Outstanding Shares87,584,000Market Cap$2.66 billion Next Earnings Date11/2/2020 (Estimated) OptionableOptionable $30.38 +0.09 (+0.30 %) (As of 09/25/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive APPS News and Ratings via Email Sign-up to receive the latest news and ratings for APPS and its competitors with MarketBeat's FREE daily newsletter. Digital Turbine (NASDAQ:APPS) Frequently Asked Questions How has Digital Turbine's stock been impacted by Coronavirus? Digital Turbine's stock was trading at $5.88 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, APPS shares have increased by 416.7% and is now trading at $30.38. 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 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Digital Turbine. When is Digital Turbine's next earnings date? Digital Turbine is scheduled to release its next quarterly earnings announcement on Monday, November 2nd 2020. View our earnings forecast for Digital Turbine. How were Digital Turbine's earnings last quarter? Digital Turbine Inc (NASDAQ:APPS) issued its earnings results on Wednesday, August, 5th. The software maker reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.09 by $0.04. The software maker had revenue of $59.01 million for the quarter, compared to the consensus estimate of $48.49 million. Digital Turbine had a net margin of 15.35% and a return on equity of 31.91%. View Digital Turbine's earnings history. What guidance has Digital Turbine issued on next quarter's earnings? Digital Turbine updated its second quarter 2021 After-Hours earnings guidance on Wednesday, August, 5th. The company provided EPS guidance of 0.11-0.12 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.09. The company issued revenue guidance of $59-61 million, compared to the consensus revenue estimate of $51.44 million. What price target have analysts set for APPS? 7 brokerages have issued 1 year price objectives for Digital Turbine's shares. Their forecasts range from $11.00 to $25.00. On average, they anticipate Digital Turbine's stock price to reach $19.61 in the next year. This suggests that the stock has a possible downside of 35.5%. View analysts' price targets for Digital Turbine. Are investors shorting Digital Turbine? Digital Turbine saw a decrease in short interest in August. As of August 31st, there was short interest totaling 2,990,000 shares, a decrease of 29.8% from the August 15th total of 4,260,000 shares. Based on an average daily trading volume, of 3,700,000 shares, the days-to-cover ratio is currently 0.8 days. Currently, 3.7% of the company's shares are sold short. View Digital Turbine's Short Interest. Who are some of Digital Turbine's key competitors? Some companies that are related to Digital Turbine include Dolby Laboratories (DLB), InterDigital Wireless (IDCC), Franchise Group (FRG), Liberty Tax (TAXA), VirnetX (VHC), Joint (JYNT), Acacia Research (ACTG), Quarterhill (QTRH), Quarterhill (QTRHF), Research Frontiers (REFR), Marathon Patent Group (MARA), Network-1 Technologies (NTIP), Finjan (FNJN), Health Discovery (HDVY) and XCel Brands (XELB). View all 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), Tesla (TSLA), Advanced Micro Devices (AMD), Square (SQ), Docusign (DOCU), Alibaba Group (BABA), salesforce.com (CRM), JD.Com (JD), Paypal (PYPL) 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 $730.59k)Mr. Barrett Garrison, Exec. VP & CFO (Age 44, Pay $473.74k)Mr. David Wesch, Chief Accounting Officer & Controller (Age 33, Pay $176.1k)Ms. Christine Collins, Chief Technology Officer (Age 50, Pay $410.67k)Ms. Kirstie Elizabeth Brown, Exec. VP of Global Fin. & Operations (Age 44) 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 many different retail and institutional investors. Top institutional shareholders include FMR LLC (5.67%), Vanguard Group Inc. (5.26%), Venrock Management VI LLC (2.64%), Nuveen Asset Management LLC (1.70%), Two Sigma Advisers LP (1.58%) and Marshall Wace North America L.P. (1.31%). Company insiders that own Digital Turbine stock include Christine Collins, 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 Goldman Sachs Group Inc., Jacobs Levy Equity Management Inc., Charles Schwab Investment Management Inc., AQR Capital Management LLC, P.A.W. Capital Corp, Man Group plc, Hancock Whitney Corp, and Rovida Advisors Inc.. Company insiders that have sold Digital Turbine company stock in the last year include Christine Collins, 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 purchased by a variety of institutional investors in the last quarter, including FMR LLC, Venrock Management VI LLC, Nuveen Asset Management LLC, Congress Asset Management Co. MA, EAM Investors LLC, Vanguard Group Inc., Cubist Systematic Strategies LLC, and Cadence Capital Management LLC. 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 $30.38. How big of a company is Digital Turbine? Digital Turbine has a market capitalization of $2.66 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 158 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 9/26/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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