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 earnings results on Monday, November, 4th. The software maker reported $0.04 earnings per share 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 the consensus estimate of $31.55 million. Digital Turbine had a positive return on equity of 28.01% and a negative net margin of 9.47%. 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 brokerages have issued 12-month target prices for Digital Turbine's stock. Their forecasts range from $5.10 to $11.00. On average, they expect Digital Turbine's share price to reach $7.35 in the next twelve months. This suggests that the stock has a possible downside of 3.0%. 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.

Headlines about APPS stock have trended negative this week, according to InfoTrie. The research group rates the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Digital Turbine earned a coverage optimism score of -2.2 on InfoTrie's scale. They also assigned news stories 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 term. View News Stories for Digital Turbine.

Digital Turbine saw a increase in short interest in 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 presently 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 (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), Square (SQ), Xilinx (XLNX), Trade Desk (TTD) and salesforce.com (CRM).

Digital Turbine's stock is owned by many different of institutional and retail investors. Top institutional investors include Calamos Advisors LLC (0.51%), DORCHESTER WEALTH MANAGEMENT Co (0.03%), Hennessy Advisors Inc. (0.01%), Zurcher Kantonalbank Zurich Cantonalbank (0.01%), NEXT Financial Group 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 purchased by a variety of institutional investors in the last quarter, including 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 $7.58.

Digital Turbine has a market capitalization of $650.48 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]