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

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

Digital Turbine Inc (NASDAQ:APPS) posted its earnings results on Monday, November, 4th. The software maker reported $0.04 EPS for the quarter, beating the Zacks' consensus estimate of $0.03 by $0.01. The software maker had revenue of $32.80 million for 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 equities research analysts have issued 1 year price targets for Digital Turbine's stock. Their forecasts range from $5.10 to $11.00. On average, they anticipate Digital Turbine's share price to reach $7.35 in the next twelve months. This suggests that the stock has a possible downside of 2.9%. 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 coverage about APPS stock has trended extremely negative recently, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Digital Turbine earned a news impact score of -5.0 on InfoTrie's scale. They also gave news coverage about the software maker a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Digital Turbine.

Digital Turbine saw a increase in short interest during the month of December. As of December 31st, there was short interest totalling 7,840,000 shares, an increase of 14.0% from the December 15th total of 6,880,000 shares. Based on an average trading volume of 2,150,000 shares, the days-to-cover ratio is currently 3.6 days. Currently, 10.2% of the company's stock are short sold. 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 (QTRH), Quarterhill (QTRHF), 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), Square (SQ), AT&T (T), Xilinx (XLNX), salesforce.com (CRM) and Trade Desk (TTD).

Digital Turbine's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Calamos Advisors LLC (0.51%), Hennessy Advisors Inc. (0.01%) and IFP Advisors Inc (0.00%). 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 bought by a variety of institutional investors in the last quarter, including Hennessy Advisors 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 $7.57.

Digital Turbine has a market capitalization of $649.66 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]