At the time of writing, DigitalBridge Group Inc [DBRG] stock is trading at $11.22, up 5.06%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The DBRG shares have gain 2.94% over the last week, with a monthly amount drifted -8.41%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
DigitalBridge Group Inc [NYSE: DBRG] stock has seen the most recent analyst activity on November 06, 2024, when Keefe Bruyette downgraded its rating to a Mkt Perform and also revised its price target to $14 from $17.75. On September 28, 2023, upgrade upgraded it’s rating to Overweight and revised its price target to $25 on the stock. Keefe Bruyette upgraded its rating to a Outperform and increased its price target to $17.50 on June 05, 2023. Deutsche Bank initiated its recommendation with a Buy and recommended $18 as its price target on February 15, 2023. JP Morgan upgraded its rating to Neutral for this stock on March 18, 2022, but kept the price target unchanged to $7. In a note dated February 14, 2022, JP Morgan initiated an Underweight rating and provided a target price of $7 on this stock.
For the past year, the stock price of DigitalBridge Group Inc fluctuated between $10.25 and $20.99. Currently, Wall Street analysts expect the stock to reach $17 within the next 12 months. DigitalBridge Group Inc [NYSE: DBRG] shares were valued at $11.22 at the most recent close of the market. An investor can expect a potential return of 51.52% based on the average DBRG price forecast.
Analyzing the DBRG fundamentals
According to DigitalBridge Group Inc [NYSE:DBRG], the company’s sales were 891.16M for trailing twelve months, which represents an -84.04% plunge. Gross Profit Margin for this corporation currently stands at 0.96% with Operating Profit Margin at 0.31%, Pretax Profit Margin comes in at 0.34%, and Net Profit Margin reading is 0.25%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.12 and Total Capital is 0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.17.
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 10.80 points at the first support level, and at 10.38 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.44, and for the 2nd resistance point, it is at 11.66.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 2.35, the price to book ratio is 1.65 and price to earnings (TTM) ratio is 14.70.
