Digital Turbine (NASDAQ:APPS – Get Free Report) is scheduled to be issuing its quarterly earnings data after the market closes on Tuesday, May 28th. Analysts expect the company to announce earnings of $0.03 per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.
Digital Turbine Stock Down 2.3 %
Shares of Digital Turbine stock opened at $2.14 on Friday. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.07 and a current ratio of 1.07. The stock has a market capitalization of $218.32 million, a PE ratio of -1.09, a price-to-earnings-growth ratio of 5.38 and a beta of 2.54. Digital Turbine has a 52-week low of $1.78 and a 52-week high of $11.46. The company has a 50-day simple moving average of $2.23 and a two-hundred day simple moving average of $4.09.
Wall Street Analysts Forecast Growth
APPS has been the subject of several recent analyst reports. Craig Hallum decreased their target price on shares of Digital Turbine from $12.00 to $10.00 and set a “buy” rating for the company in a report on Thursday, February 8th. Roth Mkm decreased their target price on shares of Digital Turbine from $4.50 to $3.00 and set a “neutral” rating for the company in a report on Wednesday. Finally, StockNews.com raised shares of Digital Turbine from a “sell” rating to a “hold” rating in a report on Tuesday, April 30th. Three equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $7.00.
Digital Turbine Company Profile
Digital Turbine, Inc, through its subsidiaries, operates a mobile growth platform for advertisers, publishers, carriers, and device original equipment manufacturers (OEMs). The company operates through two segments, On Device Solutions and App Growth Platform. Its application media platform delivers mobile applications to various publishers, carriers, OEMs, and devices; and content media platform offers news, weather, sports, and other content, as well as programmatic advertising and media content delivery services, and sponsored and editorial content media.
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