Digital Ally Company Profile (NASDAQ:DGLY)

Digital Ally trades on the NASDAQ under the ticker symbol "DGLY."

Digital Ally, Inc. (NASDAQ:DGLY) posted its earnings results on Monday, August, 14th. The company reported ($0.41) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.24) by $0.17. The business had revenue of $3.50 million for the quarter, compared to analysts' expectations of $4.95 million. Digital Ally had a negative net margin of 72.07% and a negative return on equity of 148.01%. The business's revenue was down 20.5% compared to the same quarter last year. During the same quarter last year, the business posted ($0.54) earnings per share. View Digital Ally's Earnings History.

2 equities research analysts have issued 1 year price objectives for Digital Ally's stock. Their forecasts range from $8.00 to $9.00. On average, they anticipate Digital Ally's stock price to reach $8.50 in the next twelve months. View Analyst Ratings for Digital Ally.

Here are some recent quotes from research analysts about Digital Ally stock:

• 1. According to Zacks Investment Research, "Digital Ally was created to supply technology based products to the law enforcement and security industry. While their main concentration is in the development and application of new concepts, they also recognize the value of retrofitting existing installations with cost-effective digital sub-systems. This flexibility allows to compete in established markets as they simultaneously promote the industry's transition towards advanced technologies. " (8/18/2017)
• 2. Westpark Capital analysts commented, "We believe the company is making solid progress on its legal battle with Axon Enterprise (AAXN). We reduce our PT to $8, as we lower our revenue outlook for DGLY in F’17 and F’18.  Disappointing Q2 for DGLY. The company’s topline in Q2 2017 was $3.5 million, a 21% Y/Y decrease, and GAAP EPS were at a loss of ($0.41). Company’s management cited the temporary halt of a commercial client’s order for this big and unexpected decline in its revenues for Q2. For 2Q17, we were expecting revenues of $5.5 million and EPS estimate of ($0.24)." (8/16/2017)
• 3. Maxim Group analysts commented, "DGLY posted disappointing 4Q16 revenue and a steeper-than-expected loss per share as delays on awards and now-resolved production issues weighed on its results, in our view." (3/28/2017)

Some companies that are related to Digital Ally include Ideal Power (IPWR), Cemtrex (CETX), Capstone Turbine Corporation (CPST), Fuel Tech (FTEK), Vertex Energy (VTNR), Omni-Lite Industries Canada (OLNCF), MagneGas Corporation (MNGA), Abtech Holdings (ABHD), Omnitek Engineering Corp. (OMTK), AM Castle & Co (CAS) and Tri-Tech Holding (TRITF).

Digital Ally's management team includes the folowing people:

• Stanton E. Ross, Chairman of the Board, President, Chief Executive Officer
• Thomas J. Heckman, Chief Financial Officer, Vice President, Treasurer, Secretary
• Leroy C. Richie J.D., Lead Independent Outside Director
• Michael J. Caulfield, Director
• Daniel F. Hutchins CPA, Independent Director
• Elliot M. Kaplan J.D., Independent Director

Digital Ally's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include EMPERY ASSET MANAGEMENT, LP (9.99%) and Vanguard Group Inc. (2.52%). Company insiders that own Digital Ally stock include Elliot M Kaplan and Leroy C Richie. View Institutional Ownership Trends for Digital Ally.

Digital Ally's stock was sold by a variety of institutional investors in the last quarter, including Vanguard Group Inc.. View Insider Buying and Selling for Digital Ally.

Shares of Digital Ally can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Digital Ally stock can currently be purchased for approximately $2.75.