Investors are digesting recent earnings reported by Digital Turbine ( APPS -0.21% ). Revenue in the quarter grew 324% year over year to $375.5 million on an as-reported basis, and EBITDA jumped 153% to $57 million.
Similarly, Are APPS stock overvalued?
Price to Book Ratio
PB vs Industry: APPS is overvalued based on its PB Ratio (7.8x) compared to the US Software industry average (4.3x).
Is apps a good stock to buy? The Bottom Line on APPS Stock
For short-term traders, it’s trading at an attractive price point, so it’s definitely starting to look like a bargain. For long-term investors, Digital Turbine presents a terrific buy-and-hold opportunity regardless of the company’s current valuation.
Thereof, What does Digital Turbine do?
What does Digital Turbine do? Digital Turbine works at the convergence of media and mobile communications, delivering end-to-end products and solutions for mobile operators, device OEMs and other third parties to enable them to effectively monetize mobile content.
Is Digital Turbine undervalued?
Is Digital Turbine Stock Undervalued? On the surface, it appears that the market has not rewarded Digital Turbine’s shares for its above-expectations Q3 FY 2022 earnings, as the stock trades at a significant discount to its peers on forward Enterprise Value-to-Revenue and EV/EBITDA multiples.
Should you buy APPS stock?
The financial health and growth prospects of APPS, demonstrate its potential to perform inline with the market. It currently has a Growth Score of A. Recent price changes and earnings estimate revisions indicate this would be a good stock for momentum investors with a Momentum Score of A.
Who are Digital Turbine competitors?
Top 10 Digital Turbine Alternatives & Competitors
- AdRoll.
- Marin Software.
- Celtra.
- Mediaocean.
- Google Marketing Platform.
- Zeta Programmatic, Formerly Sizmek.
- Skai.
- Basis.
Is Apple a buy or sell?
The Historical Cash Flow Growth is the longer-term (3-5 year annualized) growth rate of the cash flow change.
…
Momentum Scorecard. More Info.
| Zacks Rank | Definition | Annualized Return |
|---|---|---|
| 1 | Strong Buy | 24.93% |
| 2 | Buy | 18.44% |
| 3 | Hold | 9.99% |
| 4 | Sell | 5.61% |
Is APP a buy?
Out of 4 analysts, 2 (50%) are recommending APPS as a Strong Buy, 2 (50%) are recommending APPS as a Buy, 0 (0%) are recommending APPS as a Hold, 0 (0%) are recommending APPS as a Sell, and 0 (0%) are recommending APPS as a Strong Sell. What is APPS’s earnings growth forecast for 2023-2025?
Who are competitors of Digital Turbine?
Top 10 Digital Turbine Alternatives & Competitors
- AdRoll.
- Marin Software.
- Celtra.
- Mediaocean.
- Google Marketing Platform.
- Zeta Programmatic, Formerly Sizmek.
- Skai.
- Basis.
How do digital turbines make money?
Moving on, after the recent acquisitions Digital Turbine has made they provide Digital Turbine with revenues through the cycle of the ad media. Rather than simply getting revenues on day 1 of the device, Digital Turbine has developed other products to drive revenues.
Who does Digital Turbine work with?
Digital Turbine partners with smartphone OEMs and network carriers with multi-year agreements and has amassed a global device footprint totaling 600 million devices.
What industry is Digital Turbine?
Digital Turbine, Inc., through its subsidiaries, provides media and mobile communication products and solutions for mobile operators, application advertisers, publishers, device original equipment manufacturers (OEMs), and other third parties.
How many employees does Digital Turbine have?
Digital Turbine, Inc., formerly known as Mandalay Digital Group, Inc., is headquartered in Austin, Texas.
…
Compare APPS With Other Stocks.
| Digital Turbine Annual Number of Employees | |
|---|---|
| 2020 | 207 |
| 2019 | 161 |
| 2018 | 161 |
| 2017 | 146 |
What does Digital Turbine Inc do?
About us. Digital Turbine is the leading independent mobile growth platform and levels up the landscape for advertisers, publishers, carriers and OEMs. By integrating a full ad stack with proprietary technology built into devices by wireless operators and OEMs, Digital Turbine supercharges advertising and monetization.
What is the best stock to buy right now?
Top 10 Stocks To Buy Right Now
- Palo Alto Networks, Inc. (NASDAQ: PANW)
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Is Disney a Buy sell or Hold?
Walt Disney has received a consensus rating of Buy. The company’s average rating score is 2.74, and is based on 17 buy ratings, 6 hold ratings, and no sell ratings.
Is Amazon a buy hold or sell?
11, 15 rated it a “strong buy,” 28 rated it a “buy,” three rated it a “hold” and one gave it a rating of “underperform.” None of the analysts recommended selling it. This gives Amazon stock an average rating of 1.7 on a scale of 1 (strong buy) to 5 (sell).
What is the number 1 stock app?
TD Ameritrade: Best app for options. Fidelity: Best stock app for investors. Interactive Brokers: Best for professionals. TradeStation: Great for tools and technology.
Which is best app for stock market?
BEST Trading App In India: Top 12 Online Stock Market Apps
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How do beginners invest in stocks?
Choose How to Invest in Stocks
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