Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The closing price of Digital Turbine Inc (NASDAQ: APPS) was $3.39 for the day, down -11.49% from the previous closing price of $3.83. In other words, the price has decreased by -$11.49 from its previous closing price. On the day, 4.54 million shares were traded. APPS stock price reached its highest trading level at $3.75 during the session, while it also had its lowest trading level at $3.33.
Ratios:
Our analysis of APPS’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.05 and its Current Ratio is at 1.05. In the meantime, Its Debt-to-Equity ratio is 2.54 whereas as Long-Term Debt/Eq ratio is at 2.54.
On May 29, 2024, Craig Hallum reiterated its Buy rating and also upped its target price recommendation from $10 to $5.
Craig Hallum reiterated its Buy rating for the stock on February 08, 2024, while the target price for the stock was revised from $12 to $10.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 10 ’25 when STONE WILLIAM GORDON III bought 100,000 shares for $2.59 per share. The transaction valued at 259,000 led to the insider holds 1,762,503 shares of the business.
STERLING MICHELLE M bought 7,000 shares of APPS for $10,010 on Nov 27 ’24. The Director now owns 24,640 shares after completing the transaction at $1.43 per share. On Nov 26 ’24, another insider, Chestnutt Roy H, who serves as the Director of the company, bought 7,000 shares for $1.42 each. As a result, the insider paid 9,940 and bolstered with 216,364 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, APPS now has a Market Capitalization of 355973728 and an Enterprise Value of 735698112. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.74 while its Price-to-Book (P/B) ratio in mrq is 2.17. Its current Enterprise Value per Revenue stands at 1.521 whereas that against EBITDA is 26.873.
Stock Price History:
The Beta on a monthly basis for APPS is 2.34, which has changed by 0.18947363 over the last 52 weeks, in comparison to a change of 0.07465422 over the same period for the S&P500. Over the past 52 weeks, APPS has reached a high of $6.86, while it has fallen to a 52-week low of $1.18. The 50-Day Moving Average of the stock is 3.69%, while the 200-Day Moving Average is calculated to be 32.06%.
Shares Statistics:
APPS traded an average of 7.21M shares per day over the past three months and 4968770 shares per day over the past ten days. A total of 104.83M shares are outstanding, with a floating share count of 90.88M. Insiders hold about 13.46% of the company’s shares, while institutions hold 45.96% stake in the company. Shares short for APPS as of 1740700800 were 4441665 with a Short Ratio of 0.62, compared to 1738281600 on 3025795. Therefore, it implies a Short% of Shares Outstanding of 4441665 and a Short% of Float of 5.0100001999999995.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The current rating of Digital Turbine Inc (APPS) reflects the combined expertise of 2.0 analysts actively engaged in assessing its market performance.The consensus estimate for the next quarter is $0.07, with high estimates of $0.09 and low estimates of $0.05.
Analysts are recommending an EPS of between $0.3 and $0.28 for the fiscal current year, implying an average EPS of $0.29. EPS for the following year is $0.39, with 2.0 analysts recommending between $0.4 and $0.38.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 2 analysts. It ranges from a high estimate of $117.27M to a low estimate of $116M. As of the current estimate, Digital Turbine Inc’s year-ago sales were $112.22MFor the next quarter, 2 analysts are estimating revenue of $121.64M. There is a high estimate of $123.27M for the next quarter, whereas the lowest estimate is $120M.
A total of 2 analysts have provided revenue estimates for APPS’s current fiscal year. The highest revenue estimate was $488.63M, while the lowest revenue estimate was $487.35M, resulting in an average revenue estimate of $487.99M. In the same quarter a year ago, actual revenue was $544.48MBased on 2 analysts’ estimates, the company’s revenue will be $519.64M in the next fiscal year. The high estimate is $530M and the low estimate is $509.28M.
