NASDAQ:APPS - Digital Turbine Stock Price, Forecast & News

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

Digital Turbine Inc (NASDAQ:APPS) issued its quarterly earnings data on Monday, November, 4th. The software maker reported $0.04 EPS for the quarter, topping analysts' consensus estimates of $0.03 by $0.01. The software maker earned $32.80 million during the quarter, compared to analysts' expectations of $31.55 million. Digital Turbine had a negative net margin of 9.47% and a positive return on equity of 28.01%. View Digital Turbine's Earnings History.

Digital Turbine is scheduled to release their next quarterly earnings announcement on Tuesday, February 4th 2020. View Earnings Estimates for Digital Turbine.

6 brokers have issued 12 month price targets for Digital Turbine's stock. Their forecasts range from $5.10 to $11.00. On average, they expect Digital Turbine's stock price to reach $7.35 in the next year. This suggests a possible upside of 5.2% from the stock's current price. View Analyst Price Targets for 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.

News stories about APPS stock have been trending extremely negative this week, InfoTrie Sentiment reports. InfoTrie rates the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Digital Turbine earned a news sentiment score of -5.0 on InfoTrie's scale. They also gave headlines about the software maker a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for Digital Turbine.

Digital Turbine saw a increase in short interest in January. As of January 15th, there was short interest totalling 7,840,000 shares, an increase of 14.0% from the December 31st total of 6,880,000 shares. Based on an average daily trading volume, of 2,140,000 shares, the days-to-cover ratio is currently 3.7 days. Approximately 10.2% of the shares of the stock are sold short. View Digital Turbine's Current Options Chain.

Some companies that are related to Digital Turbine include InterDigital Wireless (IDCC), TiVo (TIVO), Liberty Tax (TAXA), Joint (JYNT), Quarterhill (QTRHF), Quarterhill (QTRH), Acacia Research (ACTG), Research Frontiers (REFR), Finjan (FNJN), XCel Brands (XELB), Health Discovery (HDVY), XpresSpa Group (XSPA), MGT Capital Investments (MGTI), ARC Group (ARCK) and Marathon Patent Group (MARA).

Based on aggregate information from My MarketBeat watchlists, some companies that other Digital Turbine investors own include NVIDIA (NVDA), Canopy Growth (CGC), Enphase Energy (ENPH), Advanced Micro Devices (AMD), Alibaba Group (BABA), AT&T (T), Xilinx (XLNX), Square (SQ), Verizon Communications (VZ) and Micron Technology (MU).

Digital Turbine's stock is owned by a number of of retail and institutional investors. Top institutional investors include Calamos Advisors LLC (0.51%), California Public Employees Retirement System (0.16%), Strs Ohio (0.10%), DORCHESTER WEALTH MANAGEMENT Co (0.03%), Hennessy Advisors Inc. (0.01%) and Zurcher Kantonalbank Zurich Cantonalbank (0.01%). Company insiders that own Digital Turbine stock include Michelle M Sterling, Paul M Schaeffer, Robert M Deutschman, Roy H Chestnutt and William Gordon Stone III. View Institutional Ownership Trends for Digital Turbine.

APPS stock was sold by a variety of institutional investors in the last quarter, including California Public Employees Retirement System. Company insiders that have sold Digital Turbine company stock in the last year include Paul M Schaeffer and William Gordon Stone III. View Insider Buying and Selling for Digital Turbine.

APPS stock was bought by a variety of institutional investors in the last quarter, including Strs Ohio, DORCHESTER WEALTH MANAGEMENT Co, Hennessy Advisors Inc., Zurcher Kantonalbank Zurich Cantonalbank , NEXT Financial Group Inc, IFP Advisors Inc and Calamos Advisors LLC. Company insiders that have bought Digital Turbine stock in the last two years include Michelle M Sterling, Robert M Deutschman, Roy H Chestnutt and William Gordon Stone III. View Insider Buying and Selling for 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.

One share of APPS stock can currently be purchased for approximately $6.99.

Digital Turbine has a market capitalization of $599.88 million and generates $103.57 million in revenue each year. The software maker earns $-6,010,000.00 in net income (profit) each year or $0.05 on an earnings per share basis. Digital Turbine employs 158 workers across the globe.View Additional Information About Digital Turbine.

The official website for Digital Turbine is http://www.digitalturbine.com/.

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]