DigitalBridge Group Inc [DBRG] stock prices are saw in change for the day to $18.54 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The DBRG shares have gain 1.04% over the last week, with a monthly amount drifted -7.85%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
On 4, March 2024, DigitalBridge to Participate in Upcoming Investor and Industry Conferences in March 2024. In a post published today on Yahoo Finance, DigitalBridge Group, Inc. (“DigitalBridge” or the “Company”) (NYSE: DBRG), a leading global alternative asset manager dedicated to investing in digital infrastructure, today announced senior executives from DigitalBridge will participate in the following upcoming investor and industry events:.
From an analyst’s perspective:
Previously, JP Morgan upgraded its rating to Overweight on September 28, 2023, and elevated its price target to $25. On June 05, 2023, upgrade upgraded it’s rating to Outperform and revised its price target to $17.50 on the stock. Deutsche Bank started tracking the stock assigning a Buy rating and suggested a price target of $18 on February 15, 2023. JP Morgan upgraded its rating to a Neutral but $7 remained the price target by the analyst firm on March 18, 2022. JP Morgan started tracking with a Underweight rating for this stock on February 14, 2022, and assigned it a price target of $7. In a note dated December 16, 2021, RBC Capital Mkts initiated an Outperform rating and provided a target price of $11 on this stock.
The stock price of DigitalBridge Group Inc [DBRG] has been fluctuating between $9.99 and $20.99 over the past year. Currently, Wall Street analysts expect the stock to reach $36 within the next 12 months. DigitalBridge Group Inc [NYSE: DBRG] shares were valued at $18.54 at the most recent close of the market. An investor can expect a potential return of 94.17% based on the average DBRG price forecast.
Analyzing the DBRG fundamentals
The DigitalBridge Group Inc [NYSE:DBRG] reported sales of 1.50B for trailing twelve months, representing a surge of 16.35%. Gross Profit Margin for this corporation currently stands at 0.79% with Operating Profit Margin at 0.34%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.07 and Total Capital is 0.15. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.21.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 18.36 points at the first support level, and at 18.19 for the second support level. However, for the 1st resistance point, the stock is sitting at 18.67, and for the 2nd resistance point, it is at 18.81.
DigitalBridge Group Inc [DBRG] reported earnings per share of $0.61 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.15/share, meaning a difference of $0.76 and a surprise factor of 506.70%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $1.39 per share as compared to estimates of -$0.13 per share, a difference of $1.52 representing a surprise of 1,169.20%.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 2.02, the price to book ratio is 2.98 and price to earnings (TTM) ratio is 30.41.
