Last Updated: 19 Sep 2024
Executive Summary
Digital Turbine Inc. (APPS) is a mobile and media communication solutions provider. The company has a market capitalization of $299 million and trades on the NASDAQ exchange. APPS is currently trading at $2.91, below its 52-week high of $7.33.
Company Overview
Digital Turbine provides mobile and media communication products and solutions to mobile operators, application advertisers, publishers, original equipment manufacturers (OEMs), and other third parties. The company's products and solutions include mobile advertising, mobile marketing, and mobile content delivery.
Fundamental Analysis
APPS's financial performance has been mixed in recent quarters. The company's revenue has declined in recent quarters, and its earnings per share (EPS) has been negative. However, the company's EBITDA has improved in recent quarters.
APPS's financial ratios are also mixed. The company's price-to-sales (P/S) ratio is 0.58, which is below the industry average. The company's price-to-book (P/B) ratio is 1.52, which is above the industry average.
Technical Analysis
APPS's technical analysis is bearish. The company's stock price is below its 50-day and 200-day moving averages. The stock price is also below its 52-week low of $1.39.
Short Term Outlook
The short-term outlook for APPS is bearish. The company's stock price is below its 50-day and 200-day moving averages, and the stock price is below its 52-week low.
Long Term Outlook
The long-term outlook for APPS is uncertain. The company's financial performance has been mixed in recent quarters, and its financial ratios are also mixed. The company's technical analysis is also bearish.
Analyst Recommendations
The analyst consensus for APPS is a "hold." One analyst has a "buy" rating on the stock, two analysts have a "hold" rating on the stock, and no analysts have a "sell" rating on the stock. The average analyst target price for APPS is $3.67.
