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The price of Digital Turbine Inc (NASDAQ: APPS) closed at $5.46 in the last session, up 1.30% from day before closing price of $5.39. In other words, the price has increased by $1.30 from its previous closing price. On the day, 3.0 million shares were traded. APPS stock price reached its highest trading level at $5.51 during the session, while it also had its lowest trading level at $5.18.
Ratios:
We take a closer look at APPS’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.09 and its Current Ratio is at 1.09. In the meantime, Its Debt-to-Equity ratio is 2.72 whereas as Long-Term Debt/Eq ratio is at 2.69.
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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 589445248 and an Enterprise Value of 962327296. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.20 while its Price-to-Book (P/B) ratio in mrq is 3.76. Its current Enterprise Value per Revenue stands at 1.962 whereas that against EBITDA is 27.688.
Stock Price History:
The Beta on a monthly basis for APPS is 2.57, which has changed by 1.3037975 over the last 52 weeks, in comparison to a change of 0.16932249 over the same period for the S&P500. Over the past 52 weeks, APPS has reached a high of $7.77, while it has fallen to a 52-week low of $1.18. The 50-Day Moving Average of the stock is 4.76%, while the 200-Day Moving Average is calculated to be 60.66%.
Shares Statistics:
According to the various share statistics, APPS traded on average about 5.94M shares per day over the past 3-months and 3452920 shares per day over the past 10 days. A total of 105.98M shares are outstanding, with a floating share count of 93.43M. Insiders hold about 13.46% of the company’s shares, while institutions hold 55.64% stake in the company. Shares short for APPS as of 1752537600 were 13215273 with a Short Ratio of 2.23, compared to 1749772800 on 8964117. Therefore, it implies a Short% of Shares Outstanding of 13215273 and a Short% of Float of 12.9.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
A comprehensive evaluation of Digital Turbine Inc (APPS) is underway, with the input of 2.0 analysts contributing to its current rating.The consensus estimate for the next quarter is $0.1, with high estimates of $0.1 and low estimates of $0.1.
Analysts are recommending an EPS of between $0.45 and $0.38 for the fiscal current year, implying an average EPS of $0.41.
Revenue Estimates
According to 2 analysts, the current quarter’s revenue is expected to be $121.94M. It ranges from a high estimate of $123.89M to a low estimate of $120M. As of the current estimate, Digital Turbine Inc’s year-ago sales were $117.99MFor the next quarter, 2 analysts are estimating revenue of $126.25M. There is a high estimate of $127M for the next quarter, whereas the lowest estimate is $125.5M.
A total of 2 analysts have provided revenue estimates for APPS’s current fiscal year. The highest revenue estimate was $524M, while the lowest revenue estimate was $519.27M, resulting in an average revenue estimate of $521.63M. In the same quarter a year ago, actual revenue was $490.51M
