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NASDAQ:APPSDigital Turbine Stock Price, Forecast & News

$13.22
+0.36 (+2.80 %)
(As of 07/10/2020 04:00 PM ET)
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Today's Range
$12.70
Now: $13.22
$13.24
50-Day Range
$5.82
MA: $9.72
$13.43
52-Week Range
$3.48
Now: $13.22
$13.96
Volume1.33 million shs
Average Volume2.47 million shs
Market Capitalization$1.15 billion
P/E Ratio88.13
Dividend YieldN/A
Beta1.79
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.4Community Rank: 2.7Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.35 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$0.20 per share
Book Value$0.89 per share

Profitability

Net Income$13.90 million

Miscellaneous

Employees158
Market Cap$1.15 billion
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 Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, APPS stock has increased by 124.8% and is now trading at $13.22. View which stocks have been most impacted by Coronavirus.

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

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Digital Turbine in the last year. There are currently 1 hold rating and 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) announced its quarterly earnings results on Tuesday, June, 2nd. The software maker reported $0.05 EPS for the quarter, beating analysts' consensus estimates 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 26.09%. View Digital Turbine's earnings history.

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

Digital Turbine issued an update on its first quarter 2021 After-Hours earnings guidance on Tuesday, June, 2nd. The company provided earnings per share 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?

7 brokerages have issued 12 month price targets for Digital Turbine's shares. Their forecasts range from $9.50 to $15.00. On average, they expect Digital Turbine's stock price to reach $12.39 in the next year. This suggests that the stock has a possible downside of 6.3%. View analysts' price targets for Digital Turbine.

Has Digital Turbine been receiving favorable news coverage?

News stories about APPS stock have been trending neutral on Sunday, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Digital Turbine earned a media sentiment score of 0.1 on InfoTrie's scale. They also assigned news articles about the software maker a news buzz of 3.0 out of 10, meaning that recent press coverage is unlikely to have an impact on the stock's share price in the next few days. View the latest news about Digital Turbine.

Are investors shorting Digital Turbine?

Digital Turbine saw a drop in short interest in June. As of June 30th, there was short interest totaling 4,540,000 shares, a drop of 5.6% from the June 15th total of 4,810,000 shares. Based on an average trading volume of 2,400,000 shares, the short-interest ratio is presently 1.9 days. Approximately 5.8% of the shares of the company 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."

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 $13.22.

How big of a company is Digital Turbine?

Digital Turbine has a market capitalization of $1.15 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 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 7/12/2020 by MarketBeat.com Staff

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