NASDAQ:APPS Digital Turbine - APPS Stock Forecast, Price & News Adding Choose a watchlist: 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. $17.28 -1.18 (-6.39%) (As of 02/3/2023 12:00 AM ET) Add Compare Share Share Today's Range$17.11▼$18.0050-Day Range$13.89▼$18.8252-Week Range$10.65▼$55.68Volume2.84 million shsAverage Volume1.77 million shsMarket Capitalization$1.71 billionP/E Ratio33.23Dividend YieldN/APrice Target$24.83 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Digital Turbine MarketRank™ ForecastAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside43.7% Upside$24.83 Price TargetShort InterestHealthy6.36% of Float Sold ShortDividend StrengthN/ASustainability-0.66Upright™ Environmental ScoreNews Sentiment0.12Based on 6 Articles This WeekInsider TradingN/AProj. Earnings Growth9.57%From $1.15 to $1.26 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.44 out of 5 starsComputer And Technology Sector132nd out of 610 stocksPatent Owners & Lessors Industry3rd out of 5 stocks 3.4 Analyst's Opinion Consensus RatingDigital Turbine has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $24.83, Digital Turbine has a forecasted upside of 43.7% from its current price of $17.28.Amount of Analyst CoverageDigital Turbine has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted6.36% of the float of Digital Turbine has been sold short.Short Interest Ratio / Days to CoverDigital Turbine has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Digital Turbine has recently decreased by 1.64%, indicating that investor sentiment is improving. 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 1.7 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreDigital Turbine has received a -14.26% net impact score from Upright. Digital Turbine uses resources or causes negative impacts mostly in categories "Scarce human capital", "GHG emissions", and "Waste". The negative contribution in the "GHG emissions" impact category is driven by its "Marketing optimization software", "Marketing data software", and "Video advertising software" products. See details.Environmental SustainabilityThe Environmental Impact score for Digital Turbine is -0.66. Previous Next 2.8 News and Social Media Coverage News SentimentDigital Turbine has a news sentiment score of 0.12. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.44 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Digital Turbine this week, compared to 3 articles on an average week.Search Interest55 people have searched for APPS on MarketBeat in the last 30 days. This is an increase of 90% compared to the previous 30 days.MarketBeat Follows17 people have added Digital Turbine to their MarketBeat watchlist in the last 30 days. This is an increase of 89% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Digital Turbine insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 5.50% of the stock of Digital Turbine is held by insiders.Percentage Held by Institutions62.45% 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 2.5 Earnings and Valuation Earnings GrowthEarnings for Digital Turbine are expected to grow by 9.57% in the coming year, from $1.15 to $1.26 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Digital Turbine is 33.23, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.69.Price to Earnings Ratio vs. SectorThe P/E ratio of Digital Turbine is 33.23, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 406.49.Price to Earnings Growth RatioDigital Turbine has a PEG Ratio of 1.15. 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 3.25. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Digital Turbine (NASDAQ:APPS) StockDigital Turbine, Inc. engages in the innovation of media and mobile communications which help to deliver an end-to-end platform solution for mobile operators, application developers, device original equipment manufacturers (OEM), and other third parties. It operates through the Following Segments: On Device Media (ODM), In App Media-AdColony (IAM-A) and In App Media-Fyber (IAM-F). The On Device Media segment is the legacy single reporting of Digital Turbine prior to the AdColony and Fyber acquisitions. This segment generates revenue from products and services that simplify the discovery and delivery of mobile apps and content media for device end-users. The App Media-AdColony segment provides a platform that allows mobile app publishers and developers to monetize their monthly active users via display, native, and video advertising. The App Media-Fyber segment consists of products and services to enable agencies, brands, and app developers to reach large audiences while achieving key performance indicators ranging from reach to frequency, cost-per-install, and return on ad spend. The company was founded on November 6, 1998 and is headquartered in Austin, TX.Read More Receive APPS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Digital Turbine and its competitors with MarketBeat's FREE daily newsletter. Email Address APPS Stock News HeadlinesFebruary 3, 2023 | americanbankingnews.comDigital Turbine (NASDAQ:APPS) Shares Gap Down to $17.36February 2, 2023 | americanbankingnews.comDigital Turbine (NASDAQ:APPS) Downgraded by B. 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January 26, 2023 | tmcnet.comDigital Turbine to Host Fiscal 2023 Third Quarter FinancialJanuary 25, 2023 | seekingalpha.comDigital Turbine: Too Cheap To IgnoreJanuary 13, 2023 | marketwatch.comWind Turbine Rotor Blade Market 2023 : Top Manufacturers, Key Trends, Progression Status and Business Trends to 2029January 13, 2023 | marketwatch.comWind Turbine Inspection Drones Market is Expected to Record the Massive Growth, with Prominent Key Players Analysis and Forecast to 2028January 12, 2023 | marketwatch.comWind Turbine Condition Monitoring System Market : Latest Trends, Size, Key Players, Revenue and Forecast 2029February 5, 2023 | Wall Street Watch Dogs (Ad)“Future Fuel” will unleash $11 trillion wave of wealthThe next major energy revolution is unfolding right now. 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Email Address APPS Company Calendar Last Earnings11/09/2022Today2/04/2023Next Earnings (Confirmed)2/08/2023Fiscal Year End3/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Patent owners & lessors Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:APPS CUSIPN/A CIK317788 Webwww.digitalturbine.com Phone(512) 387-7717FaxN/AEmployees280Year FoundedN/APrice Target and Rating Average Stock Price Forecast$24.83 High Stock Price Forecast$40.00 Low Stock Price Forecast$16.00 Forecasted Upside/Downside+43.7%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$0.52 Trailing P/E Ratio33.23 Forward P/E Ratio15.03 P/E Growth1.08Net Income$35.55 million Net Margins5.82% Pretax Margin7.64% Return on Equity26.56% Return on Assets10.07% Debt Debt-to-Equity Ratio0.76 Current Ratio1.17 Quick Ratio1.17 Sales & Book Value Annual Sales$747.60 million Price / Sales2.29 Cash Flow$2.15 per share Price / Cash Flow8.03 Book Value$5.32 per share Price / Book3.25Miscellaneous Outstanding Shares99,020,000Free Float93,571,000Market Cap$1.71 billion OptionableOptionable Beta2.38 Key ExecutivesBill StoneChief Executive Officer & DirectorMatthew GillisPresidentKirstie Elizabeth BrownExecutive VP-Global Finance & OperationsBarrett GarrisonChief Financial Officer & Executive Vice PresidentChristine CollinsChief Technology OfficerKey CompetitorsInterDigitalNASDAQ:IDCCUpstartNASDAQ:UPSTCelesticaNYSE:CLSUltra CleanNASDAQ:UCTTTTM TechnologiesNASDAQ:TTMIView All CompetitorsInsiders & InstitutionsEFG Asset Management North America Corp.Sold 1,622 shares on 2/3/2023Ownership: 0.049%Simplex Trading LLCBought 72,200 shares on 2/2/2023Ownership: 0.000%ProShare Advisors LLCBought 1,908 shares on 2/2/2023Ownership: 0.015%SG Americas Securities LLCSold 3,441 shares on 2/2/2023Ownership: 0.007%Zurcher Kantonalbank Zurich Cantonalbank Sold 3,023 shares on 2/1/2023Ownership: 0.010%View All Insider TransactionsView All Institutional Transactions APPS Stock - Frequently Asked Questions Should I buy or sell Digital Turbine stock right now? 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Digital Turbine in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" APPS shares. View APPS analyst ratings or view top-rated stocks. What is Digital Turbine's stock price forecast for 2023? 4 brokerages have issued 12 month target prices for Digital Turbine's shares. Their APPS share price forecasts range from $16.00 to $40.00. On average, they expect the company's share price to reach $24.83 in the next year. This suggests a possible upside of 43.7% from the stock's current price. View analysts price targets for APPS or view top-rated stocks among Wall Street analysts. How have APPS shares performed in 2023? Digital Turbine's stock was trading at $15.24 at the beginning of 2023. Since then, APPS stock has increased by 13.4% and is now trading at $17.28. View the best growth stocks for 2023 here. When is Digital Turbine's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 8th 2023. View our APPS earnings forecast. How can I listen to Digital Turbine's earnings call? Digital Turbine will be holding an earnings conference call on Wednesday, February 8th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "4128001". How were Digital Turbine's earnings last quarter? Digital Turbine, Inc. (NASDAQ:APPS) announced its quarterly earnings results on Wednesday, November, 9th. The software maker reported $0.28 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.26 by $0.02. The software maker earned $174.86 million during the quarter, compared to analyst estimates of $173.67 million. Digital Turbine had a trailing twelve-month return on equity of 26.56% and a net margin of 5.82%. What guidance has Digital Turbine issued on next quarter's earnings? Digital Turbine issued an update on its third quarter 2023 earnings guidance on Friday, December, 9th. The company provided EPS guidance of $0.36-$0.39 for the period, compared to the consensus earnings per share estimate of $0.38. The company issued revenue guidance of $180.00 million-$190.00 million, compared to the consensus revenue estimate of $203.37 million. What is Bill Stone's approval rating as Digital Turbine's CEO? 72 employees have rated Digital Turbine Chief Executive Officer Bill Stone on Glassdoor.com. Bill Stone has an approval rating of 97% among the company's employees. This puts Bill Stone in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. 70.0% of employees surveyed would recommend working at Digital Turbine to a friend. 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), Block (SQ), Tesla (TSLA), DocuSign (DOCU), Salesforce (CRM), Alibaba Group (BABA), PayPal (PYPL), Enphase Energy (ENPH) and Marvell Technology (MRVL). 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 investors include Rice Hall James & Associates LLC (1.89%), Peregrine Capital Management LLC (0.46%), New York State Teachers Retirement System (0.15%), State of New Jersey Common Pension Fund D (0.14%), Lindbrook Capital LLC (0.13%) and Anderson Hoagland & Co. (0.13%). Insiders that own company stock include Christine Collins, Christopher Thomas Rogers, David Wesch, Jeff Karish, Michelle M Sterling, Mohan S Gyani, Robert M Deutschman, Robert M Deutschman, Roy H Chestnutt and William Gordon Stone III. View institutional ownership trends. How do I buy shares of Digital Turbine? Shares of APPS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Digital Turbine's stock price today? One share of APPS stock can currently be purchased for approximately $17.28. How much money does Digital Turbine make? Digital Turbine (NASDAQ:APPS) has a market capitalization of $1.71 billion and generates $764.45 million in revenue each year. The software maker earns $35.55 million in net income (profit) each year or $0.52 on an earnings per share basis. How many employees does Digital Turbine have? The company employs 280 workers across the globe. How can I contact Digital Turbine? Digital Turbine's mailing address is 111 NUECES STREET, AUSTIN TX, 78701. The official website for the company is www.digitalturbine.com. The software maker can be reached via phone at (512) 387-7717 or via email at brian.bartholomew@digitalturbine.com. This page (NASDAQ:APPS) was last updated on 2/5/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free 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. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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