As on April 07, 2021, Digital Turbine Inc. (NASDAQ: APPS) started slowly as it slid -4.12% to $81.74. During the day, the stock rose to $88.14 and sunk to $80.42 before settling in for the price of $85.25 at the close. Taking a more long-term approach, APPS posted a 52-week range of $4.09-$102.56.
In the past 5-years timespan, the Technology sector firm’s annual sales growth was 37.50%. Meanwhile, its Annual Earning per share during the time was 17.60%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 387.00%. This publicly-traded company’s shares outstanding now amounts to $89.00 million, simultaneously with a float of $86.08 million. The organization now has a market capitalization sitting at $7.14 billion. At the time of writing, stock’s 50-day Moving Average stood at $78.72, while the 200-day Moving Average is $44.37.
If we measure the efficiency of the company that is accounted for 207 employees. It has generated 670,121 per worker during the last fiscal year. Meanwhile, its income per employee was 68,986. The stock had 4.97 Receivables turnover and 1.04 Total Asset turnover. For the Profitability, stocks gross margin was +38.05, operating margin was +9.52 and Pretax Margin of +2.82.
Digital Turbine Inc. (APPS) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Software – Application industry. Digital Turbine Inc.’s current insider ownership accounts for 1.30%, in contrast to 65.00% institutional ownership. According to the most recent insider trade that took place on Feb 08, this organization’s Chief Accounting Officer sold 25,000 shares at the rate of 88.23, making the entire transaction reach 2,205,750 in total value, affecting insider ownership by 0. Preceding that transaction, on Jan 04, Company’s Director sold 30,000 for 53.01, making the whole transaction’s value amount to 1,590,300. This particular insider is now the holder of 297,198 in total.
Digital Turbine Inc. (APPS) Earnings and Revenue Records
If we go through the results of last quarter, which was made public on 12/30/2020, the company posted $0.21 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $0.17) by $0.04. This company achieved a net margin of +10.29 while generating a return on equity of 25.09. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.2 per share during the current fiscal year.
Digital Turbine Inc.’s EPS increase for this current 12-month fiscal period is 387.00% and is forecasted to reach 0.96 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 50.00% through the next 5 years, which can be compared against the 17.60% growth it accomplished over the previous five years trading on the market.
Digital Turbine Inc. (NASDAQ: APPS) Trading Performance Indicators
Let’s observe the current performance indicators for Digital Turbine Inc. (APPS). It’s Quick Ratio in the last reported quarter now stands at 1.10. The Stock has managed to achieve an average true range (ATR) of 8.88. Alongside those numbers, its PE Ratio stands at $195.55, and its Beta score is 2.48. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 27.69. Similarly, its price to free cash flow for trailing twelve months is now 137.82.
In the same vein, APPS’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.42, a figure that is expected to reach 0.18 in the next quarter, and analysts are predicting that it will be 0.96 at the market close of one year from today.
Technical Analysis of Digital Turbine Inc. (APPS)
Through scrutinizing the latest numbers posted by the [Digital Turbine Inc., APPS], it can be observed that its last 5-days Average volume of 3.1 million was lower the volume of 4.03 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 68.65% While, its Average True Range was 7.85.
Raw Stochastic average of Digital Turbine Inc. (APPS) in the period of the previous 100 days is set at 69.56%, which indicates a major rise in contrast to 52.00% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 101.62% that was lower than 106.05% volatility it exhibited in the past 100-days period.