Digital Turbine Stock Analysis

Digital Stock Analysis Notes

About 60.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 0.87. Some equities with similar Price to Book (P/B) outperform the market in the long run. Digital Turbine has Price/Earnings To Growth (PEG) ratio of 0.69. The entity recorded a loss per share of 2.96. The firm had not issued any dividends in recent years. Digital Turbine had 1:5 split on the 15th of April 2013. Digital Turbine, Inc., through its subsidiaries, operates a mobile growth platform for advertisers, publishers, carriers, and device original equipment manufacturers . It operates in the United States, Canada, Europe, the Middle East, Africa, the Asia Pacific, China, Mexico, Central America, and South America. Digital Turbine operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 844 people. For more info on Digital Turbine please contact William III at 512 387 7717 or go to https://www.digitalturbine.com.

Digital Turbine Investment Alerts

Digital Turbine Upcoming and Recent Events

Digital Largest EPS Surprises

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Digital Stock Institutional Investors

Note, although Digital Turbine's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Digital Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 157.66 M.

Digital Profitablity

The company has Profit Margin (PM) of (0.61) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.11) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.11.

Management Efficiency

Digital Turbine has return on total asset (ROA) of (0.03) % which means that it has lost $0.03 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.9543) %, meaning that it created substantial loss on money invested by shareholders. Digital Turbine's management efficiency ratios could be used to measure how well Digital Turbine manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to -0.3 in 2024. Return On Capital Employed is likely to drop to -0.36 in 2024. At this time, Digital Turbine's Total Assets are comparatively stable compared to the past year. Other Current Assets is likely to gain to about 26.7 M in 2024, despite the fact that Net Tangible Assets are likely to grow to (287.4 M).

Technical Drivers

As of the 26th of November, Digital Turbine shows the Variance of 70.18, mean deviation of 5.2, and Standard Deviation of 8.38. Digital Turbine technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Digital Turbine mean deviation, treynor ratio, as well as the relationship between the Treynor Ratio and kurtosis to decide if Digital Turbine is priced favorably, providing market reflects its regular price of 1.49 per share. Please also check Digital Turbine jensen alpha, which is currently at (1.22) to verify the company can sustain itself at a future point.

Digital Turbine Price Movement Analysis

Digital Turbine Insider Trading Activities

Digital Turbine Outstanding Bonds

Digital Turbine Predictive Daily Indicators

Digital Turbine Forecast Models

Digital Turbine's time-series forecasting models are one of many Digital Turbine's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Digital Turbine's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Digital Turbine prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Digital shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Digital Turbine. By using and applying Digital Stock analysis, traders can create a robust methodology for identifying Digital entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Digital analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Digital analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Digital Turbine stock analysis indicators help investors evaluate how Digital Turbine stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Digital Turbine shares will generate the highest return on investment. By understating and applying Digital Turbine stock analysis, traders can identify Digital Turbine position entry and exit signals to maximize returns.

When running Digital Turbine's price analysis, check to measure Digital Turbine's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Digital Turbine is operating at the current time. Most of Digital Turbine's value examination focuses on studying past and present price action to predict the probability of Digital Turbine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Digital Turbine's price. Additionally, you may evaluate how the addition of Digital Turbine to your portfolios can decrease your overall portfolio volatility.