Digital Turbine Stock Buy Hold or Sell Recommendation
| APPS Stock | USD 1.85 0.06 3.14% |
Given the investment horizon of 90 days and your way above-average risk tolerance, our recommendation regarding Digital Turbine is 'Hold'. Macroaxis provides Digital Turbine buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding APPS positions. The advice algorithm takes into account all of Digital Turbine's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Digital Turbine's buy or sell advice are summarized below:
Real Value 4.18 | Target Price 11 | Hype Value 1.77 | Market Value 1.85 | Naive Value 2.21 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Digital Turbine given historical horizon and risk tolerance towards Digital Turbine. When Macroaxis issues a 'buy' or 'sell' recommendation for Digital Turbine, the advice is generated through an automated system that utilizes algorithms and statistical models.
Digital |
Execute Digital Turbine Buy or Sell Advice
The Digital recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Digital Turbine. Macroaxis does not own or have any residual interests in Digital Turbine or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Digital Turbine's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Very Weak | Details | |
Volatility | Unstable | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Digital Turbine Trading Alerts and Improvement Suggestions
| Digital Turbine generated a negative expected return over the last 90 days | |
| Digital Turbine may become a speculative penny stock | |
| Digital Turbine has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 665.92 M. Net Loss for the year was (13.85 M) with profit before overhead, payroll, taxes, and interest of 347.11 M. | |
| Digital Turbine has a frail financial position based on the latest SEC disclosures | |
| About 71.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from telegraph.co.uk: Pret app chaos spreads to sister company Krispy Kreme |
Digital Turbine Returns Distribution Density
The distribution of Digital Turbine's historical returns is an attempt to chart the uncertainty of Digital Turbine's future price movements. The chart of the probability distribution of Digital Turbine daily returns describes the distribution of returns around its average expected value. We use Digital Turbine price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Digital Turbine returns is essential to provide solid investment advice for Digital Turbine.
| Mean Return | -1.46 | Value At Risk | -7.91 | Potential Upside | 5.07 | Standard Deviation | 4.67 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Digital Turbine historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Digital Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Digital Turbine is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Digital Turbine backward and forwards among themselves. Digital Turbine's institutional investor refers to the entity that pools money to purchase Digital Turbine's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Voloridge Investment Management, Llc | 2023-09-30 | 951.6 K | Portolan Capital Management, Llc | 2023-12-31 | 915.3 K | Two Sigma Investments Llc | 2023-12-31 | 857.1 K | Bank Of New York Mellon Corp | 2023-12-31 | 799.7 K | Goldman Sachs Group Inc | 2023-12-31 | 789.7 K | Charles Schwab Investment Management Inc | 2023-12-31 | 780.3 K | Walleye Trading Advisors, Llc | 2023-12-31 | 730.4 K | Susquehanna International Group, Llp | 2023-12-31 | 597.7 K | Nishkama Capital, Llc | 2023-12-31 | 552.1 K | Blackrock Inc | 2023-12-31 | 15 M | Vanguard Group Inc | 2023-12-31 | 12.8 M |
Digital Turbine Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Capital Expenditures | 4.8M | 9.2M | 23.3M | 5.3M | 6.0M | 6.4M | |
| Change In Cash | 10.6M | 9.5M | 96.0M | (4.3M) | (4.9M) | (4.7M) | |
| Free Cash Flow | 26.5M | 53.6M | 61.5M | 10.6M | 12.2M | 12.8M | |
| Depreciation | 2.3M | 7.1M | 57.5M | 20.9M | 24.1M | 25.3M | |
| Other Non Cash Items | 6K | 94K | 40.4M | (278K) | (319.7K) | (303.7K) | |
| Net Income | 14.3M | 54.9M | 35.6M | (13.9M) | (15.9M) | (16.7M) | |
| End Period Cash Flow | 21.7M | 31.1M | 127.2M | 75.6M | 86.9M | 91.2M | |
| Change To Inventory | 4.3M | 7.5M | (14.2M) | 28.7M | 33.0M | 34.7M | |
| Change Receivables | (2.4M) | (25.4M) | (73.7M) | 83.9M | 96.5M | 101.3M | |
| Net Borrowings | 19.7M | (5.5M) | 492.2M | (123.6M) | (142.1M) | (135.0M) | |
| Change To Netincome | 13.5M | 8.7M | 55.1M | 25.2M | 29.0M | 30.4M | |
| Investments | (46.7M) | (37.8M) | (172.0M) | (9.8M) | (8.8M) | (9.2M) |
Digital Turbine Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Digital Turbine or Software sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Digital Turbine's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Digital stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -1.62 | |
β | Beta against NYSE Composite | 2.58 | |
σ | Overall volatility | 4.68 | |
Ir | Information ratio | -0.33 |
Digital Turbine Volatility Alert
Digital Turbine exhibits very low volatility with skewness of -1.74 and kurtosis of 7.85. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Digital Turbine's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Digital Turbine's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Digital Turbine Implied Volatility
Digital Turbine's implied volatility exposes the market's sentiment of Digital Turbine stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Digital Turbine's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Digital Turbine stock will not fluctuate a lot when Digital Turbine's options are near their expiration.
Digital Turbine Fundamentals Vs Peers
Comparing Digital Turbine's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Digital Turbine's direct or indirect competition across all of the common fundamentals between Digital Turbine and the related equities. This way, we can detect undervalued stocks with similar characteristics as Digital Turbine or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Digital Turbine's fundamental indicators could also be used in its relative valuation, which is a method of valuing Digital Turbine by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Digital Turbine to competition |
| Fundamentals | Digital Turbine | Peer Average |
| Return On Equity | -0.38 | -0.31 |
| Return On Asset | -0.0092 | -0.14 |
| Profit Margin | (0.35) % | (1.27) % |
| Operating Margin | (0.02) % | (5.51) % |
| Current Valuation | 514.93 M | 16.62 B |
| Shares Outstanding | 102.02 M | 571.82 M |
| Shares Owned By Insiders | 4.02 % | 10.09 % |
| Shares Owned By Institutions | 70.97 % | 39.21 % |
| Number Of Shares Shorted | 5.47 M | 4.71 M |
| Price To Earning | 30.95 X | 28.72 X |
| Price To Book | 0.43 X | 9.51 X |
| Price To Sales | 0.33 X | 11.42 X |
| Revenue | 665.92 M | 9.43 B |
| Gross Profit | 347.11 M | 27.38 B |
| EBITDA | 67.32 M | 3.9 B |
| Net Income | (13.85 M) | 570.98 M |
| Cash And Equivalents | 82.65 M | 2.7 B |
| Cash Per Share | 0.83 X | 5.01 X |
| Total Debt | 410.52 M | 5.32 B |
| Debt To Equity | 0.78 % | 48.70 % |
| Current Ratio | 1.17 X | 2.16 X |
| Book Value Per Share | 4.38 X | 1.93 K |
| Cash Flow From Operations | 15.86 M | 971.22 M |
| Short Ratio | 1.43 X | 4.00 X |
| Earnings Per Share | (1.97) X | 3.12 X |
| Price To Earnings To Growth | 0.69 X | 4.89 X |
| Target Price | 5.38 | |
| Number Of Employees | 777 | 18.84 K |
| Beta | 2.48 | -0.15 |
| Market Capitalization | 194.86 M | 19.03 B |
| Total Asset | 1.27 B | 29.47 B |
| Retained Earnings | (175.12 M) | 9.33 B |
| Working Capital | 45.15 M | 1.48 B |
Note: Disposition of 125 shares by Michael Miller of Digital Turbine at 5.35 subject to Rule 16b-3 [view details]
Digital Turbine Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Digital . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 82904.66 | |||
| Daily Balance Of Power | (0.60) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 1.86 | |||
| Day Typical Price | 1.86 | |||
| Price Action Indicator | (0.04) | |||
| Period Momentum Indicator | (0.06) |
About Digital Turbine Buy or Sell Advice
When is the right time to buy or sell Digital Turbine? Buying financial instruments such as Digital Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 204.9M | 101.6M | 116.8M | 122.7M | Total Assets | 1.5B | 1.3B | 1.5B | 1.5B |
Use Investing Ideas to Build Portfolios
In addition to having Digital Turbine in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Alcohol
Companies involved in production and distribution of wines and alcoholic beverages. The Alcohol theme has 37 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Alcohol Theme or any other thematic opportunities.
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Check out Digital Turbine Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more information on how to buy Digital Stock please use our How to Invest in Digital Turbine guide.You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
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When running Digital Turbine's price analysis, check to measure Digital Turbine's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Digital Turbine is operating at the current time. Most of Digital Turbine's value examination focuses on studying past and present price action to predict the probability of Digital Turbine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Digital Turbine's price. Additionally, you may evaluate how the addition of Digital Turbine to your portfolios can decrease your overall portfolio volatility.
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Is Digital Turbine's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Digital Turbine. If investors know Digital will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Digital Turbine listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.43) | Earnings Share (1.97) | Revenue Per Share 5.707 | Quarterly Revenue Growth (0.12) | Return On Assets (0.01) |
The market value of Digital Turbine is measured differently than its book value, which is the value of Digital that is recorded on the company's balance sheet. Investors also form their own opinion of Digital Turbine's value that differs from its market value or its book value, called intrinsic value, which is Digital Turbine's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Digital Turbine's market value can be influenced by many factors that don't directly affect Digital Turbine's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Digital Turbine's value and its price as these two are different measures arrived at by different means. Investors typically determine if Digital Turbine is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Digital Turbine's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.