NASDAQ:APPS

Digital Turbine Stock Forecast, Price & News

$62.01

-2.36 (-3.67 %)

(As of 01/21/2021 12:00 AM ET)

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Today's Range

$61.32

Now: $62.01▼

$65.00

50-Day Range

$41.05

MA: $51.85▼

$59.97

52-Week Range

$3.48

Now: $62.01▼

$65.12

Volume2.45 million shs

Average Volume2.98 million shs

Market Capitalization$5.50 billion

P/E Ratio206.71

Dividend YieldN/A

Beta2.42

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.

MarketRank^™

Overall MarketRank^™

1.37 out of 5 stars

Computer And Technology Sector

393rd out of 1,517 stocks

Patent Owners & Lessors Industry

7th out of 28 stocks

1.3 Analyst's Opinion

Consensus Rating
Digital Turbine has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $43.08, Digital Turbine has a forecasted downside of 30.5% from its current price of $62.01.
Amount of Analyst Coverage
Digital Turbine has only been the subject of 4 research reports in the past 90 days.

2.8 Community Rank

Outperform Votes
Digital Turbine has received 381 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Digital Turbine has received 301 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Digital Turbine has received 55.87% “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.

0.0 Dividend Strength

Dividend Yield
Digital Turbine does not currently pay a dividend.
Dividend Growth
Digital Turbine does not have a long track record of dividend growth.

0.8 Company Ownership

Insider Buying vs. Insider Selling
In 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 $1,121,014.00 in company stock.
Percentage Held by Insiders
Only 6.20% of the stock of Digital Turbine is held by insiders.
Percentage Held by Institutions
60.69% of the stock of Digital Turbine is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Digital Turbine are expected to grow by 40.74% in the coming year, from $0.54 to $0.76 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Digital Turbine is 206.71, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 23.89.
Price to Earnings Ratio vs. Sector
The P/E ratio of Digital Turbine is 206.71, 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 84.40.
Price to Earnings Growth Ratio
Digital Turbine has a PEG Ratio of 2.07. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Digital Turbine has a P/B Ratio of 69.67. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

Phone512-387-7717

Employees207

Debt

Debt-to-Equity Ratio0.18

Current Ratio0.89

Quick Ratio0.89

Price-To-Earnings

Trailing P/E Ratio206.71

Forward P/E Ratio114.83

P/E Growth2.07

Sales & Book Value

Annual Sales$138.71 million

Price / Sales39.65

Cash Flow$0.22 per share

Price / Cash Flow281.89

Book Value$0.89 per share

Price / Book69.67

Profitability

EPS (Most Recent Fiscal Year)$0.17

Net Income$13.90 million

Net Margins13.38%

Return on Equity38.26%

Return on Assets17.47%

Miscellaneous

Outstanding Shares88,697,000

Market Cap$5.50 billion

Next Earnings Date2/8/2021 (Estimated)

OptionableOptionable

$62.01

-2.36 (-3.67 %)

(As of 01/21/2021 12:00 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 price 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 (WHO). Since then, APPS stock has increased by 954.6% and is now trading at $62.01.
View which stocks have been most impacted by COVID-19.

Is Digital Turbine a buy right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Digital Turbine in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Digital Turbine stock.
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 past winning trading ideas 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.

What is Doug Parker's approval rating as Digital Turbine's CEO?

1,448 employees have rated Digital Turbine CEO Doug Parker on Glassdoor.com. Doug Parker has an approval rating of 60% among Digital Turbine's employees. This puts Doug Parker in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

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) issued its quarterly earnings results on Thursday, October, 29th. The software maker reported $0.15 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.11 by $0.04. The software maker earned $70.90 million during the quarter, compared to the consensus estimate of $60.54 million. Digital Turbine had a return on equity of 38.26% and a net margin of 13.38%. The company's quarterly 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 updated its fourth quarter earnings guidance on Friday, October, 30th. The company provided earnings per share (EPS) guidance of $0.15-0.16 for the period, compared to the Thomson Reuters consensus earnings per share 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?

6 equities research analysts have issued 1 year price objectives for Digital Turbine's shares. Their forecasts range from $23.00 to $60.00. On average, they expect Digital Turbine's share price to reach $43.08 in the next year. This suggests that the stock has a possible downside of 30.5%.
View analysts' price targets for Digital Turbine or view Wall Street analyst' top-rated stocks.

Who are some of Digital Turbine's key competitors?

Some companies that are related to Digital Turbine include Dolby Laboratories (DLB), InterDigital (IDCC), Franchise Group (FRG), Marathon Patent Group (MARA), Liberty Tax (TAXA), The Joint (JYNT), VirnetX (VHC), Acacia Research (ACTG), Quarterhill (QTRHF), Research Frontiers (REFR), Pendrell (PCOA), Network-1 Technologies (NTIP), MGT Capital Investments (MGTI), Xcel Brands (XELB) and Health Discovery (HDVY).
View all of APPS's 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 53, Pay $865.17k)
Mr. Barrett Garrison, Exec. VP & CFO (Age 45, Pay $531.47k)
Mr. David Wesch, Chief Accounting Officer & Controller (Age 34, Pay $187.28k)
Ms. Christine Collins, Chief Technology Officer (Age 51, Pay $461.07k)
Ms. Kirstie Elizabeth Brown, Exec. VP of Global Fin. & Operations (Age 45)
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 variety of institutional and retail investors. Top institutional investors include Spence Asset Management (0.24%), Hamilton Lane Advisors LLC (0.03%), Kestra Private Wealth Services LLC (0.02%), Kovack Advisors Inc. (0.01%), David J Yvars Group (0.01%) and Mission Wealth Management LP (0.00%). 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 Kestra Private Wealth Services LLC, Kovack Advisors Inc., and Sowell Financial Services LLC. 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 or view top insider-selling stocks.

Which major investors are buying Digital Turbine stock?

APPS stock was purchased by a variety of institutional investors in the last quarter, including Spence Asset Management, Hamilton Lane Advisors LLC, David J Yvars Group, Mission Wealth Management LP, Optimum Investment Advisors, Global Retirement Partners LLC, and Tsfg 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 or or view top insider-buying stocks.

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 WeBull, 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 $62.01.

How big of a company is Digital Turbine?

Digital Turbine has a market capitalization of $5.50 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 1/21/2021 by MarketBeat.com Staff

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