Digital Turbine Intrinsic Stock Value – First Republic Investment Management Reduces Digital Turbine, Stock Holdings

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First Republic Investment Management Inc. recently announced a reduction in its stock holdings in Digital Turbine ($NASDAQ:APPS), Inc. Digital Turbine is a leading technology platform and solutions provider that delivers digital content, services, and experiences to mobile operators and device manufacturers worldwide. It works with leading mobile operators, device manufacturers, app developers, and media companies to offer its services to consumers. The company’s products and services include mobile ad monetization, mobile content monetization, advertising platform, and more. With this reduction in stock holdings, First Republic Investment Management Inc. has signaled its lack of confidence in the future prospects of Digital Turbine. Digital Turbine’s core offering is in mobile content monetization, but the company has also been expanding into new areas such as mobile advertising.

This expansion could be promising for the company’s future prospects, but it appears that First Republic Investment Management Inc. is not yet convinced. It remains to be seen if Digital Turbine will be able to turn its fortunes around as the economic situation continues to evolve. In the meantime, the reduction in stock holdings by First Republic Investment Management Inc. has further underscored the uncertain future of this technology platform and solutions provider.

Market Price

As a result, the stock opened at $4.7 and closed at the same price, down by 1.7% from the prior closing price of $4.8. This decision could be seen as a sign that the company is not expecting strong performance from Digital Turbine in the near future. However, it is uncertain what other factors may have played into this decision. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Digital Turbine. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Digital Turbine. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Digital Turbine. More…

Key Ratios Snapshot

Some of the financial key ratios for Digital Turbine are shown below. More…

Analysis – Digital Turbine Intrinsic Stock Value

At GoodWhale, we have completed an analysis of DIGITAL TURBINE‘s wellbeing and have determined that the fair value of its share is approximately $39.3. We arrived at this figure using our proprietary Valuation Line, which takes into account factors such as market conditions, industry trends, and company performance. Currently, DIGITAL TURBINE stock is traded at a price of $4.7, representing a significant discount of 88.1%. This is a great indication that DIGITAL TURBINE shares are undervalued and may represent a good investment opportunity. More…

Peers

Digital Turbine Inc is in competition with The Trade Desk Inc, Apple Inc, and Newborn Town Inc. All of these companies are vying for a piece of the digital advertising pie. Digital Turbine Inc has a lot of experience in the industry, and it has been able to adapt to the ever-changing landscape. Its competitors are all large companies with a lot of resources, but they have not been able to keep up with Digital Turbine Inc’s innovation.

– The Trade Desk Inc ($NASDAQ:TTD)

The Trade Desk Inc is a technology company that provides a self-service omnichannel software platform for advertising buyers. The company has a market cap of 26.66B as of 2022 and a Return on Equity of 1.45%. The Trade Desk’s platform enables its clients to purchase and manage advertising inventory across various channels, including display, video, audio, native, and social, on a self-service basis. The company was founded in 2009 and is headquartered in Los Angeles, CA.

– Apple Inc ($NASDAQ:AAPL)

Apple Inc, is an American multinational technology company headquartered in Cupertino, California, that designs, develops, and sells consumer electronics, computer software, and online services. The company’s hardware products include the iPhone smartphone, the iPad tablet computer, the Mac personal computer, the iPod portable media player, the Apple Watch smartwatch, the Apple TV digital media player, and the HomePod smart speaker. Apple’s software includes the macOS and iOS operating systems, the iTunes media player, the Safari web browser, and the iWork productivity suite. Its online services include the iTunes Store, the iOS App Store, and Mac App Store, Apple Music, and iCloud.

Apple has a market cap of 2.29T as of 2022 and a Return on Equity of 162.51%.

– Newborn Town Inc ($SEHK:09911)

Newborn Town Inc is a publicly traded company with a market capitalization of 1.72 billion as of 2022. The company has a return on equity of -34.07%. Newborn Town Inc is a provider of online marketing and advertising services. The company offers a range of services, including search engine optimization, social media marketing, and email marketing. Newborn Town Inc is headquartered in New York, New York.

Summary

First Republic Investment Management Inc. has recently decreased its holdings in Digital Turbine, Inc. stock. This could indicate a bearish sentiment from investors towards the company. It is important to consider the current market conditions and other factors when analyzing a stock’s performance. Factors such as the company’s financial statements, competitive industry landscape, and potential growth opportunities should be examined.

Additionally, it is essential to research the company’s executive team, board of directors, and corporate culture to gain a better understanding of how the company operates. Analysts should also consider other metrics, such as liquidity ratios, price-to-earnings ratio, and dividend yield, when evaluating Digital Turbine, Inc. for investment. By using a thorough analysis process, investors can make informed decisions when considering a stock purchase in this company.