Digital Turbine Inc (NASDAQ:APPS) has a beta value of -62.56% and has seen 5.0 shares traded in the last trading session. The company, currently valued at $615.68M, closed the last trade at $6.74 per share which meant it gained $0.99 on the day or 5.76% during that session. The APPS stock price is -15.28% off its 52-week high price of $7.77 and 82.49% above the 52-week low of $1.18.
The consensus among analysts is that Digital Turbine Inc (APPS) is Buy stock at the moment, with a recommendation rating of 56.32. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 2 out of 8 have rated it as a Hold, with 6 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.08.
Digital Turbine Inc (NASDAQ:APPS) trade information
Sporting 5.76% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the APPS stock price touched $6.74 or saw a rise of 13.26%. Year-to-date, Digital Turbine Inc shares have moved 278.62%, while the 5-day performance has seen it change 15.56%. Over the past 30 days, the shares of Digital Turbine Inc (NASDAQ:APPS) have changed 24.30%.
Wall Street analysts have a consensus price target for the stock at $40, which means that the shares’ value could jump 83.15% from current levels. The projected low price target is $40.0 while the price target rests at a high of $40.0. In that case, then, we find that the current price level is -493.47% off the targeted high while a plunge would see the stock gain -493.47% from current levels.
Digital Turbine Inc (APPS) estimates and forecasts
The company’s shares have gained 296.90% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 6.35%.
2 analysts offering their estimates for the company have set an average revenue estimate of 121.94M for the current quarter. 2 have an estimated revenue figure of 126.25M for the next ending quarter. Year-ago sales stood 117.99M and 118.73M respectively for this quarter and the next, and analysts expect sales will grow by 3.35% for the current quarter and 6.35% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was – – over the past 5 years.
APPS Dividends
Digital Turbine Inc is expected to release its next earnings report on 2025-Jun-16 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Digital Turbine Inc (NASDAQ:APPS)’s Major holders
Insiders own 5.68% of the company shares, while shares held by institutions stand at 60.99% with a share float percentage of 64.66%. Investors are also buoyed by the number of investors in a company, with Digital Turbine Inc having a total of 219.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 8.34 million shares worth more than $13.85 million. As of 2024-06-30, VANGUARD GROUP INC held 8.1496% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 6.73 million shares as of 2024-06-30. The firm’s total holdings are worth over $11.18 million and represent 6.5771% of shares outstanding.
