Last Updated: 18 Sep 2024
Executive Summary
Trump Media & Technology Group Corp. (DJT), a real estate and construction company operating in the blank check industry, has a market capitalization of $3.23 billion. Despite a negative EBITDA of -$125.3 million and an EPS of -$0.43, the company's latest stock price is $16.14. With a Price-to-Sales ratio of 941.8 and a Price-to-Book ratio of 9.46, DJT exhibits high valuation multiples.
Company Overview
Trump Media & Technology Group Corp. was established in 2021 and is headquartered in San Diego, California. The company's primary focus is on acquiring and investing in businesses within the technology and media sectors.
Fundamental Analysis
Revenue: DJT reported revenue of $3.43 million for the trailing twelve months (TTM), showing a 0.298% decline year-over-year.
Earnings: The company has a negative EBITDA of -$125.3 million and a diluted EPS of -$0.43.
Profitability: The company's gross profit margin is 0%, and its operating margin is -22.29%.
Return on Investment: DJT has a negative Return on Assets (ROA) of -0.435% and a negative Return on Equity (ROE) of -2.445%.
Valuation: With a Price-to-Sales ratio of 941.8 and a Price-to-Book ratio of 9.46, DJT's valuation multiples are significantly higher than industry averages.
Technical Analysis
Moving Averages: The stock's 50-day moving average is $25.36, and the 200-day moving average is $34.02.
Support and Resistance Levels: The stock has found support at $14.32 and resistance at $79.38 over the past 52 weeks.
Short Term Outlook
In the short term, DJT's stock price is likely to be influenced by the company's upcoming financial results and any news related to its acquisitions or investments. The stock's high valuation multiples and negative earnings could weigh on its performance.
Long Term Outlook
The long-term outlook for DJT depends on the company's ability to execute its business plan and generate positive earnings. The company's focus on the technology and media sectors could provide growth opportunities, but it will need to navigate the competitive landscape effectively.
Analyst Recommendations
No analyst recommendations are available for DJT at this time.
