Digital Turbine Inc
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- Market Cap.:
- $1.05 billion
- Book Value:
- Revenue TTM:
- $709.94 million
- Operating Margin TTM:
- Gross Profit TTM:
- $347.11 million
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
Digital Turbine Inc had its IPO on 2006-06-30 under the ticker symbol APPS.
The company operates in the Technology sector and Software-Application industry. Digital Turbine Inc has a staff strength of 844 employees.
Shares of Digital Turbine Inc opened at $12.48 at the start of the last trading session i.e. 2023-03-30.
The stocks traded within a range of $11.93 - $12.53, and closed at $12.11.
This is a -0.08% slip from the previous day's closing price.
A total volume of 2,106,512 shares were traded at the close of the day’s session.
In the last one week, shares of Digital Turbine Inc have increased by +14.57%.
Digital Turbine Inc's Key Ratios
Digital Turbine Inc has a market cap of $1.05 billion, indicating a price to book ratio of 2.8194 and a price to sales ratio of 1.9533.
In the last 12-months Digital Turbine Inc’s revenue was $709.94 million with a gross profit of $347.11 million and an EBITDA of $161.16 million. The EBITDA ratio measures Digital Turbine Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Digital Turbine Inc’s operating margin was 12.76% while its return on assets stood at 4.01% with a return of equity of 9.3%.
In Q4, Digital Turbine Inc’s quarterly earnings growth was a negative -42.9% while revenue growth was a negative 25.1%.
Digital Turbine Inc’s PE and PEG Ratio
- Forward PE
- Trailing PE
Its diluted EPS in the last 12-months stands at $0.5 per share while it has a forward price to earnings multiple of 11.3895 and a PEG multiple of 1.1384. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Digital Turbine Inc’s profitability.
Digital Turbine Inc stock is trading at a EV to sales ratio of 2.6298 and a EV to EBITDA ratio of 11.5163. Its price to sales ratio in the trailing 12-months stood at 1.9533.
Digital Turbine Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $1.35 billion
- Total Liabilities
- $289.37 million
- Operating Cash Flow
- Capital Expenditure
- $5.67 million
- Dividend Payout Ratio
Digital Turbine Inc ended 2023 with $1.35 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.35 billion while shareholder equity stood at $605.65 million.
Digital Turbine Inc ended 2023 with $0 in deferred long-term liabilities, $289.37 million in other current liabilities, 10000.00 in common stock, $-161183000.00 in retained earnings and $560.34 million in goodwill. Its cash balance stood at $79.31 million and cash and short-term investments were $79.31 million. The company’s total short-term debt was $0 while long-term debt stood at $422.31 million.
Digital Turbine Inc’s total current assets stands at $342.77 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $231.00 million compared to accounts payable of $154.32 million and inventory worth $0.
In 2023, Digital Turbine Inc's operating cash flow was $-12376000.00 while its capital expenditure stood at $5.67 million.
Comparatively, Digital Turbine Inc paid $0 in dividends in 2023.
Other key metrics
- Current Trading Price
- 52-Week High
- 52-Week Low
- Analyst Target Price
Digital Turbine Inc stock is currently trading at $12.11 per share. It touched a 52-week high of $47.47 and a 52-week low of $47.47. Analysts tracking the stock have a 12-month average target price of $17.65.
Its 50-day moving average was $12.89 and 200-day moving average was $16.05 The short ratio stood at 2.12 indicating a short percent outstanding of 0%.
Around 359.8% of the company’s stock are held by insiders while 7303.1% are held by institutions.
Frequently Asked Questions About Digital Turbine Inc
Similar Industry Stocks (Software-Application)
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 three segments: On Device Media, In App Media ” AdColony, and In App Media ” Fyber. 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 sponsored and editorial content media. The company also provides an end-to-end platform for brands, agencies, publishers, and application developers to deliver advertising to consumers on mobile devices; and a platform that allows mobile application developers and digital publishers to monetize their content through display, native, and video advertising. It operates in the United States, Canada, Europe, the Middle East, Africa, the Asia Pacific, China, Mexico, Central America, and South America. The company is headquartered in Austin, Texas.