DigitalBridge Group Inc [DBRG] stock is trading at $11.82, up 4.79%. 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 13.65% over the last week, with a monthly amount drifted -1.34%, 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.
DigitalBridge Group Inc [DBRG] stock has fluctuated between $10.25 and $20.99 over the past year. Currently, Wall Street analysts expect the stock to reach $17 within the next 12 months. DigitalBridge Group Inc [NYSE: DBRG] shares were valued at $11.82 at the most recent close of the market. An investor can expect a potential return of 43.82% based on the average DBRG price forecast.
Analyzing the DBRG fundamentals
DigitalBridge Group Inc [NYSE:DBRG] reported sales of 891.16M for the trailing twelve months, which represents a drop of -84.04%. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.17.
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 11.47 points at the first support level, and at 11.11 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.02, and for the 2nd resistance point, it is at 12.21.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 2.47, the price to book ratio is 1.74 and price to earnings (TTM) ratio is 15.49.
