Digital Turbine Stock Shares Outstanding
APPS Stock | USD 1.31 0.09 6.43% |
Digital Turbine fundamentals help investors to digest information that contributes to Digital Turbine's financial success or failures. It also enables traders to predict the movement of Digital Stock. The fundamental analysis module provides a way to measure Digital Turbine's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Digital Turbine stock.
Common Stock Shares Outstanding is likely to gain to about 106 M in 2024. Digital | Shares Outstanding |
Digital Turbine Company Shares Outstanding Analysis
Digital Turbine's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Digital Turbine Shares Outstanding | 103.73 M |
Most of Digital Turbine's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Digital Turbine is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Digital Shares Outstanding Driver Correlations
Understanding the fundamental principles of building solid financial models for Digital Turbine is extremely important. It helps to project a fair market value of Digital Stock properly, considering its historical fundamentals such as Shares Outstanding. Since Digital Turbine's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Digital Turbine's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Digital Turbine's interrelated accounts and indicators.
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Digital Shares Outstanding Historical Pattern
Today, most investors in Digital Turbine Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Digital Turbine's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's shares outstanding growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Digital Turbine shares outstanding as a starting point in their analysis.
Digital Turbine Shares Outstanding |
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Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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Digital Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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Based on the latest financial disclosure, Digital Turbine has 103.73 M of shares currently outstending. This is 45.39% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The shares outstanding for all United States stocks is 81.86% higher than that of the company.
Digital Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Digital Turbine's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Digital Turbine could also be used in its relative valuation, which is a method of valuing Digital Turbine by comparing valuation metrics of similar companies.Digital Turbine is currently under evaluation in shares outstanding category among its peers.
Digital Fundamentals
Return On Equity | -0.95 | ||||
Return On Asset | -0.03 | ||||
Profit Margin | (0.61) % | ||||
Operating Margin | (0.11) % | ||||
Current Valuation | 518.26 M | ||||
Shares Outstanding | 103.73 M | ||||
Shares Owned By Insiders | 5.22 % | ||||
Shares Owned By Institutions | 59.70 % | ||||
Number Of Shares Shorted | 4.92 M | ||||
Price To Earning | 30.95 X | ||||
Price To Book | 0.75 X | ||||
Price To Sales | 0.28 X | ||||
Revenue | 544.48 M | ||||
Gross Profit | 347.11 M | ||||
EBITDA | 54.57 M | ||||
Net Income | (420.23 M) | ||||
Cash And Equivalents | 82.65 M | ||||
Cash Per Share | 0.83 X | ||||
Total Debt | 383.49 M | ||||
Debt To Equity | 0.78 % | ||||
Current Ratio | 1.17 X | ||||
Book Value Per Share | 1.76 X | ||||
Cash Flow From Operations | 28.68 M | ||||
Short Ratio | 2.26 X | ||||
Earnings Per Share | (2.96) X | ||||
Price To Earnings To Growth | 0.69 X | ||||
Target Price | 3.0 | ||||
Number Of Employees | 754 | ||||
Beta | 2.6 | ||||
Market Capitalization | 135.88 M | ||||
Total Asset | 865.54 M | ||||
Retained Earnings | (595.34 M) | ||||
Working Capital | 6.32 M | ||||
Current Asset | 29.55 M | ||||
Current Liabilities | 38.85 M | ||||
Net Asset | 865.54 M |
About Digital Turbine Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Digital Turbine's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Digital Turbine using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Digital Turbine based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Digital Stock Analysis
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.