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NASDAQ:APPSDigital Turbine Stock Price, Forecast & News

$8.63
-0.42 (-4.64 %)
(As of 06/4/2020 04:00 PM ET)
Add
Compare
Today's Range
$8.34
Now: $8.63
$9.00
50-Day Range
$4.64
MA: $5.71
$9.05
52-Week Range
$3.48
Now: $8.63
$9.20
Volume5.09 million shs
Average Volume2.40 million shs
Market Capitalization$748.57 million
P/E Ratio57.53
Dividend YieldN/A
Beta1.77
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
Digital Turbine logo

Beat the Market (BTM) Rank

Analyst Opinion: 1.5Community Rank: 2.7Dividend Strength: 0.0Insider Behavior: 4.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.64 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$138.71 million
Cash Flow$0.11 per share
Book Value$0.44 per share

Profitability

Net Income$-6,010,000.00

Miscellaneous

Employees158
Market Cap$748.57 million
Next Earnings Date8/3/2020 (Estimated)
OptionableOptionable

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Digital Turbine (NASDAQ:APPS) Frequently Asked Questions

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

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 46.8% and is now trading at $8.63. View which stocks have been most impacted by Coronavirus.

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

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Digital Turbine in the last year. There are currently 6 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, August 3rd 2020. View our earnings forecast for Digital Turbine.

How were Digital Turbine's earnings last quarter?

Digital Turbine Inc (NASDAQ:APPS) issued its quarterly earnings data on Tuesday, June, 2nd. The software maker reported $0.05 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.04 by $0.01. The software maker had revenue of $39.35 million for the quarter, compared to analysts' expectations of $38.40 million. Digital Turbine had a net margin of 10.02% and a return on equity of 30.18%. View Digital Turbine's earnings history.

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

Digital Turbine updated its first quarter 2021 After-Hours earnings guidance on Tuesday, June, 2nd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $47-50 million, compared to the consensus revenue estimate of $41.98 million.

What price target have analysts set for APPS?

6 brokerages have issued 12 month price objectives for Digital Turbine's shares. Their forecasts range from $5.10 to $12.00. On average, they anticipate Digital Turbine's share price to reach $8.85 in the next twelve months. This suggests a possible upside of 2.5% from the stock's current price. View analysts' price targets for Digital Turbine.

Has Digital Turbine been receiving favorable news coverage?

Press coverage about APPS stock has trended negative this week, InfoTrie reports. The research firm scores the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Digital Turbine earned a media sentiment score of -2.6 on InfoTrie's scale. They also gave news articles about the software maker a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news aboutDigital Turbine.

Are investors shorting Digital Turbine?

Digital Turbine saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 5,090,000 shares, an increase of 19.2% from the April 30th total of 4,270,000 shares. Based on an average daily volume of 2,470,000 shares, the short-interest ratio is presently 2.1 days. Approximately 6.5% of the company's stock are short sold. View Digital Turbine's Current Options Chain.

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), Alibaba Group (BABA), Advanced Micro Devices (AMD), Square (SQ), Canopy Growth (CGC), Enphase Energy (ENPH), salesforce.com (CRM), Netflix (NFLX), AT&T (T) and Tesla (TSLA).

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 a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.15%), Greenhaven Road Investment Management L.P. (3.01%), Granahan Investment Management Inc. MA (2.52%), State Street Corp (2.25%), Geode Capital Management LLC (1.60%) and Two Sigma Advisers LP (1.45%). 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 institutional investors are selling Digital Turbine stock?

APPS stock was sold by a variety of institutional investors in the last quarter, including Invesco Ltd., Morgan Stanley, Parametric Portfolio Associates LLC, Acadian Asset Management LLC, Bank of New York Mellon Corp, Engineers Gate Manager LP, Creative Planning, and Paloma Partners Management Co. Company insiders that have sold Digital Turbine company stock in the last year include Christine Collins, Paul M Schaeffer, and William Gordon Stone III. View insider buying and selling activity for Digital Turbine.

Which institutional investors are buying Digital Turbine stock?

APPS stock was purchased by a variety of institutional investors in the last quarter, including Granahan Investment Management Inc. MA, Mak Capital One LLC, Two Sigma Advisers LP, Russell Investments Group Ltd., Ranger Investment Management L.P., Geode Capital Management LLC, THB Asset Management, and AQR 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 $8.63.

How big of a company is Digital Turbine?

Digital Turbine has a market capitalization of $748.57 million and generates $138.71 million in revenue each year. The software maker earns $-6,010,000.00 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 6/4/2020 by MarketBeat.com Staff

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