NASDAQ:DGLY

Digital Ally (DGLY) Stock Forecast, Price & News

$2.19

+0.03 (+1.39%)

(As of 09/21/2023 ET)

Compare

Today's Range: $2.10
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$2.28
50-Day Range: $2.19
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$4.29
52-Week Range: $2.10
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$10.67

Volume: 13,092 shs
Average Volume: 17,880 shs
Market Capitalization: $6.13 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $15.00

Digital Ally MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 584.9% Upside
$15.00 Price Target
Short Interest: Healthy
6.82% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.50
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.85 out of 5 stars

3.5

Analyst's Opinion

Consensus Rating
Digital Ally has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $15.00, Digital Ally has a forecasted upside of 584.9% from its current price of $2.19.
Amount of Analyst Coverage
Digital Ally has received no research coverage in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
6.82% of the float of Digital Ally has been sold short.
Short Interest Ratio / Days to Cover
Digital Ally has a short interest ratio ("days to cover") of 7.7.
Change versus previous month
Short interest in Digital Ally has recently decreased by 7.44%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

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

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for DGLY.

1.9

News and Social Media Coverage

News Sentiment
Digital Ally has a news sentiment score of 0.50. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.67 average news sentiment score of Industrial Products companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Digital Ally this week, compared to 1 article on an average week.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Digital Ally insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 9.30% of the stock of Digital Ally is held by insiders.
Percentage Held by Institutions
Only 7.64% of the stock of Digital Ally is held by institutions.

0.6

Earnings and Valuation

Price to Book Value per Share Ratio
Digital Ally has a P/B Ratio of 0.16. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Digital Ally (NASDAQ:DGLY) Stock

Digital Ally, Inc. produces and sells digital video imaging, storage, and disinfectant and related safety products for use in law enforcement, security, and commercial applications in the United States. It operates through three segments: Video Solutions, Revenue Cycle Management, and Entertainment. The company offers in-car digital video mirror systems for law enforcement; in-car digital video event recorder systems for commercial fleets; a suite of data management web-based tools to assist fleet managers in the organization, archival, and management of videos and telematics information; body-worn digital video systems for law enforcement and private security; and VuLink ecosystem that provides intuitive auto-activation functionality as well as coordination between multiple recording devices. It also provides EVO Web, a web-based software that enables police departments and security agencies to manage digital video evidence quickly and easily; FleetVU Manager, a web-based software for commercial fleet tracking and monitoring; ThermoVu, a non-contact temperature-screening instrument that measures temperature through the wrist and controls entry to facilities when temperature measurements exceed pre-determined parameters; and Shield disinfectants and cleansers, as well as other personal protective equipment and supplies, such as masks, gloves, disposable wipes, and electrostatic sprayer to health care workers and other consumers. In addition, the company offers working capital and back-office services, including insurance and benefit verification, medical treatment documentation and coding, and collections to healthcare organizations; and operates TicketSmarter.com, an online ticketing marketplace for ticket sales, partnerships, and ticket resale services for live events, including concerts, sporting events, theatres, and performing arts. Digital Ally, Inc. was founded in 2004 and is headquartered in Lenexa, Kansas.

DGLY Price History

30 days | 90 days | 365 days | Advanced Chart

DGLY Stock News Headlines

September 22, 2023 | americanbankingnews.com

Digital Ally (NASDAQ:DGLY) Earns Sell Rating from Analysts at StockNews.com

September 14, 2023 | americanbankingnews.com

Digital Ally (NASDAQ:DGLY) Research Coverage Started at StockNews.com

September 22, 2023 | Edge On The Street (Ad)

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August 28, 2023 | finance.yahoo.com

Digital Ally Announces Ports Authority Order

August 16, 2023 | finance.yahoo.com

Q2 2023 Digital Ally Inc Earnings Call

August 15, 2023 | seekingalpha.com

Digital Ally GAAP EPS of -$3.01 misses by $0.77, revenue of $8.28M misses by $1.35M

August 15, 2023 | finanznachrichten.de

Digital Ally, Inc.: Digital Ally, Inc Announces Second Quarter 2023 Operating Results

August 14, 2023 | finance.yahoo.com

DIGITAL ALLY, INC ANNOUNCES SECOND QUARTER 2023 OPERATING RESULTS

September 22, 2023 | Edge On The Street (Ad)

The Strategic Gold Play You Haven't Heard About

August 10, 2023 | finance.yahoo.com

Digital Ally Announces Notable Orders

August 9, 2023 | finance.yahoo.com

Market Cool On Digital Ally, Inc.'s (NASDAQ:DGLY) Revenues

August 8, 2023 | finance.yahoo.com

Digital Ally Announces Notable Patents

July 26, 2023 | finance.yahoo.com

DGLY - Digital Ally, Inc.

July 9, 2023 | morningstar.com

Digital Ally Inc DGLY Stock Quote

June 21, 2023 | finance.yahoo.com

Digital Ally Adds Interview Room Solution to its Ecosystem of Video Products

June 5, 2023 | bizjournals.com

Digital Ally will spin off entertainment subsidiary through use of blank-check company

June 2, 2023 | finanznachrichten.de

Digital Ally, Inc.: Kustom Entertainment, Inc. Enters into Business Combination Agreement with Clover Leaf Capital Corp.

June 2, 2023 | markets.businessinsider.com

Digital Ally Ascends 25% On Merger Of Its Unit Kustom Entertainment

June 2, 2023 | finance.yahoo.com

Kustom Entertainment, Inc. Enters into Business Combination Agreement with Clover Leaf Capital Corp.

May 23, 2023 | finance.yahoo.com

Digital Ally to Present at LD Micro Invitational XII

May 18, 2023 | msn.com

EF Hutton Reiterates Digital Ally Inc. (DGLY) Buy Recommendation

May 18, 2023 | markets.businessinsider.com

EF Hutton Keeps Their Buy Rating on Digital Ally (DGLY)

May 17, 2023 | finance.yahoo.com

Q1 2023 Digital Ally Inc Earnings Call

May 17, 2023 | finance.yahoo.com

Digital Ally First Quarter 2023 Earnings: EPS Beats Expectations, Revenues Lag

May 16, 2023 | msn.com

Digital Ally Clocks 25% Decline In Q1 Revenues On Weakness In Entertainment Segment

May 15, 2023 | finance.yahoo.com

DIGITAL ALLY, INC ANNOUNCES FIRST QUARTER 2023 OPERATING RESULTS

May 15, 2023 | msn.com

Earnings Outlook For Digital Ally

See More Headlines

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DGLY Company Calendar

Last Earnings: 8/14/2023
Today: 9/22/2023
Next Earnings (Estimated): 11/13/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Radio & t.v. communications equipment
Sub-Industry: N/A
Sector: Industrial Products
Current Symbol: NASDAQ:DGLY
CUSIP: N/A
CIK: 1342958
Web: www.digitalallyinc.com
Phone: (913) 814-7774
Fax: 913-814-7775
Employees: 201
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $15.00
High Stock Price Forecast: $15.00
Low Stock Price Forecast: $15.00
Forecasted Upside/Downside: +584.9%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-19,280,000.00
Net Margins: -78.33%
Pretax Margin: -77.37%
Return on Equity: -75.67%
Return on Assets: -44.40%

Debt

Debt-to-Equity Ratio: 0.01
Current Ratio: 0.87
Quick Ratio: 0.62

Sales & Book Value

Annual Sales: $37.01 million
Price / Sales: 0.17
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $13.48 per share
Price / Book: 0.16

Miscellaneous

Outstanding Shares: 2,800,000
Free Float: 2,541,000
Market Cap: $6.13 million
Optionable: Not Optionable
Beta: 0.87

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Key Executives

Mr. Stanton E. Ross (Age 62)
Chairman & CEO
Comp: $432.03k

Mr. Thomas J. Heckman (Age 63)
CFO, VP, Treasurer & Sec.
Comp: $136.29k

Mr. Peng Han (Age 51)
Chief Operating Officer
Comp: $260.58k

Mr. Brody J. Green
Pres

Key Competitors

View All Competitors

Institutional Ownership

BlackRock Inc.
Sold 5,262 shares on 8/11/2023
Ownership: 4.163%

View All Institutional Transactions

DGLY Stock - Frequently Asked Questions

Should I buy or sell Digital Ally stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Digital Ally in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" DGLY shares.
View DGLY analyst ratings or view top-rated stocks.
What is Digital Ally's stock price forecast for 2023?: 1 Wall Street research analysts have issued 12-month target prices for Digital Ally's shares. Their DGLY share price forecasts range from $15.00 to $15.00. On average, they predict the company's share price to reach $15.00 in the next twelve months. This suggests a possible upside of 584.9% from the stock's current price.
View analysts price targets for DGLY or view top-rated stocks among Wall Street analysts.
How have DGLY shares performed in 2023?: Digital Ally's stock was trading at $4.6540 on January 1st, 2023. Since then, DGLY shares have decreased by 52.9% and is now trading at $2.19.
View the best growth stocks for 2023 here.
Are investors shorting Digital Ally?: Digital Ally saw a decline in short interest in August. As of August 31st, there was short interest totaling 176,600 shares, a decline of 7.4% from the August 15th total of 190,800 shares. Based on an average trading volume of 22,800 shares, the short-interest ratio is currently 7.7 days. Currently, 6.8% of the company's stock are short sold.
View Digital Ally's Short Interest.
When is Digital Ally's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, November 13th 2023.
View our DGLY earnings forecast.
How were Digital Ally's earnings last quarter?: Digital Ally, Inc. (NASDAQ:DGLY) announced its quarterly earnings results on Monday, August, 14th. The scientific and technical instruments company reported ($3.01) EPS for the quarter. The scientific and technical instruments company had revenue of $8.28 million for the quarter. Digital Ally had a negative trailing twelve-month return on equity of 75.67% and a negative net margin of 78.33%.
When did Digital Ally's stock split?: Digital Ally shares reverse split on the morning of Tuesday, February 7th 2023. The 1-20 reverse split was announced on Tuesday, February 7th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Tuesday, February 7th 2023. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split.
What is Stanton E. Ross' approval rating as Digital Ally's CEO?: 16 employees have rated Digital Ally Chief Executive Officer Stanton E. Ross on Glassdoor.com. Stanton E. Ross has an approval rating of 44% among the company's employees. This puts Stanton E. Ross in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Digital Ally own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Digital Ally investors own include Advanced Micro Devices (AMD), Co-Diagnostics (CODX), iBio (IBIO), Micron Technology (MU), Pfizer (PFE), Tonix Pharmaceuticals (TNXP), Biocept (BIOC), FuelCell Energy (FCEL) and Inovio Pharmaceuticals (INO).
What is Digital Ally's stock symbol?: Digital Ally trades on the NASDAQ under the ticker symbol "DGLY."
Who are Digital Ally's major shareholders?: Digital Ally's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (4.16%). Insiders that own company stock include Daniel F Hutchins and Stanton E Ross.
View institutional ownership trends.
How do I buy shares of Digital Ally?: Shares of DGLY stock 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.
Compare Top Brokerages Here.
What is Digital Ally's stock price today?: One share of DGLY stock can currently be purchased for approximately $2.19.
How much money does Digital Ally make?: Digital Ally (NASDAQ:DGLY) has a market capitalization of $6.13 million and generates $37.01 million in revenue each year.
How many employees does Digital Ally have?: The company employs 201 workers across the globe.
How can I contact Digital Ally?: Digital Ally's mailing address is 15612 COLLEGE BLVD., LENEXA KS, 66219. The official website for the company is www.digitalallyinc.com. The scientific and technical instruments company can be reached via phone at (913) 814-7774, via email at corporate@digitalallyinc.com, or via fax at 913-814-7775.

This page (NASDAQ:DGLY) was last updated on 9/22/2023 by MarketBeat.com Staff

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