Digital Ally Company Profile (NASDAQ:DGLY)

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

Digital Ally, Inc. (NASDAQ:DGLY) issued its earnings results on Monday, May, 15th. The company reported ($0.29) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.26) by $0.03. The firm earned $5.23 million during the quarter, compared to analyst estimates of $4.57 million. Digital Ally had a negative return on equity of 115.56% and a negative net margin of 71.44%. Digital Ally's revenue for the quarter was up 18.9% on a year-over-year basis. During the same period in the previous year, the company earned ($0.34) EPS. View Digital Ally's Earnings History.

Digital Ally is scheduled to release their next quarterly earnings announcement on Thursday, August, 3rd 2017. View Earnings Estimates for Digital Ally.

2 brokerages have issued twelve-month price targets for Digital Ally's shares. Their predictions range from $11.00 to $11.00. On average, they anticipate Digital Ally's stock price to reach $11.00 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. " (5/30/2017)
• 2. Westpark Capital analysts commented, "We remain encouraged by the growth in the company’s pipeline of commercial orders as well as their focus on recurring software/cloud-storage revenues in F’17. We maintain our Outperform Rating and target price of $9.  Tough quarter for Digital Ally; Expect growth to pick up in F’17. In 4Q16, the company’s revenues and EPS came in well below our estimates due to misleading press- releases by its major competitor, Taser (TASR-NR), as well as product quality control issues which led to product returns. The company’s FirstVU HD product had some product control issues which led to some inventory obsolescence." (3/30/2017)
• 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 Cemtrex (CETX), Vertex Energy (VTNR), Ideal Power (IPWR), Capstone Turbine Corporation (CPST), Fuel Tech (FTEK), Omni-Lite Industries Canada (OLNCF), MagneGas Corporation (MNGA), Abtech Holdings (ABHD), Omnitek Engineering Corp. (OMTK), AM Castle & Co (CAS), Assa Abloy AB (ASAZY), Atlas Copco AB (ATLKY), G4S (GFSZY) 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

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 $3.50.