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Digital Turbine (APPS)
NASDAQ:APPS
Digital Turbine (APPS) Stock Price & Analysis
4,303 Followers
APPS Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$1.78 - $14.61
Previous Close$1.86
Volume1.90M
Average Volume (3M)2.81M
Market Cap
$189.76M
Enterprise Value$514.83M
Total Cash (Recent Filing)$48.96M
Total Debt (Recent Filing)$374.03M
Price to Earnings (P/E)-0.9
Beta2.71
Next Earnings
Jun 04, 2024EPS Estimate
$0.07Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.97
Shares Outstanding102,021,342
10 Day Avg. Volume1,982,937
30 Day Avg. Volume2,809,842
Standard Deviation0.28
R-Squared0.22
Alpha0.00031
Financial Highlights & Ratios
Price to Book (P/B)-0.62
Price to Sales (P/S)1.35
Price to Cash Flow (P/CF)3.90
P/FCF Ratio2.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.90
Enterprise Value/Gross Profit1.44
Enterprise Value/Ebitda-5.73
Forecast
1Y Price Target
$5.70Price Target Upside206.45% Upside
Rating ConsensusHold
Number of Analyst Covering6
Digital Turbine News
PremiumCompany Announcements
Digital Turbine Appoints New Chief Accounting Officer
Bulls Say, Bears Say
Bulls Say
Financial PerformanceAPPS is working to offset device weakness with its continued push into alternative app stores.
Revenue GrowthAlternative app store revenue has reached a 7-figure run rate and is beginning to scale.
Strategic PartnershipsThe preliminary data also shows Xiaomi, another APPS partner, grew units 22% y/y.
Bears Say
Company GuidanceManagement's guidance points to further deterioration in US device trends and lower than expected device activations, hinting at a tough road ahead for revenue and growth.
Financial PerformanceAPPS reported results that missed expectations with a guidance below estimates, indicating weaker device sales and challenging growth expectations.
Market TrendsThe global smartphone market is facing a downturn with annual shipments declining to the lowest in a decade, signaling potential continued struggles for companies in this sector.
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Ownership Overview
5.19% Insiders
22.06% Mutual Funds
14.80% Other Institutional Investors
57.95% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Digital Turbine
Desktop Users
Mobile Users
APPS FAQ
What was Digital Turbine’s price range in the past 12 months?
Digital Turbine lowest stock price was $1.78 and its highest was $14.61 in the past 12 months.
What is Digital Turbine’s market cap?
Currently, no data Available
When is Digital Turbine’s upcoming earnings report date?
Digital Turbine’s upcoming earnings report date is Jun 04, 2024 which is in 47 days.
How were Digital Turbine’s earnings last quarter?
Digital Turbine released its earnings results on Feb 07, 2024. The company reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.172 by -$0.022.
Is Digital Turbine overvalued?
According to Wall Street analysts Digital Turbine’s price is currently Undervalued.
Does Digital Turbine pay dividends?
Digital Turbine does not currently pay dividends.
What is Digital Turbine’s EPS estimate?
Digital Turbine’s EPS estimate is $0.07.
How many shares outstanding does Digital Turbine have?
Digital Turbine has 102,021,340 shares outstanding.
What happened to Digital Turbine’s price movement after its last earnings report?
Digital Turbine reported an EPS of $0.15 in its last earnings report, missing expectations of $0.172. Following the earnings report the stock price went down -24.405%.
Which hedge fund is a major shareholder of Digital Turbine?
Among the largest hedge funds holding Digital Turbine’s share is Greenhaven Road Investment Management, L.P.. It holds Digital Turbine’s shares valued at 13M.
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Digital Turbine Stock Smart Score
Neutral
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Analyst Consensus
Hold
Average Price Target:
$5.70 (206.45% Upside)
$5.70 (206.45% Upside)
Blogger Sentiment
Neutral
APPS Sentiment 64%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 1.4M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.4%
Last 30 Days ▼ 4.6%
Last 30 Days ▼ 4.6%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-85.08%
12-Months-Change
Fundamentals
Return on Equity
-37.60%
Trailing 12-Months
Asset Growth
-18.19%
Trailing 12-Months
Company Description
Digital Turbine
Digital Turbine, Inc. engages in the innovation of media and mobile communications which helps to deliver an end-to-end platform solution for mobile operators, application developers, device original equipment manufacturers (OEM), and other third parties. It operates through the Advertising segment, which is comprised of Operator and OEM (O&O) business. The O&O is an advertiser solution for unique and exclusive carrier and OEM inventory. The company was founded on November 6, 1998 and is headquartered in Austin, TX.
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APPS Earnings Call
Q3 2024
0:00 / 0:00
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APPS Stock 12 Months Forecast
Average Price Target
$5.70
▲(206.45% Upside)
Technical Analysis
Best Analysts Covering APPS
1 Year
1 Year Success Rate
4/20 ratings generated profit
1 Year Average Return
-13.29%
reiterated a buy rating 2 months ago
Copying Anthony Stoss's trades and holding each position for 1 Year would result in 20.00% of your transactions generating a profit, with an average return of -13.29% per trade.
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