JP Morgan raised the price target for the DigitalBridge Group Inc. (NYSE:DBRG) stock from “an Underweight” to “a Neutral”. The rating was released on March 18, 2022, according to finviz. The research report from RBC Capital Mkts has initiated the stock to Outperform, with a price target set at $11. The stock was upgraded by Raymond James, who disclosed in a research note on October 07, 2021, from Outperform to Strong Buy and set the price objective to $9. In their research brief published August 10, 2021, Raymond James analysts initiated the DigitalBridge Group Inc. stock to Outperform with a price target of $8.50.
The latest trade, Performances and Moving Averages give us the following Picture
The share price of DigitalBridge Group Inc. (NYSE:DBRG) raised 5.26% to close Tuesday’s market session at $12.81, higher as compared to yesterday’s close. The stock price fluctuated between $12.03 and $12.93 throughout the trading session with the volume trading being 3835078 shares, which represented a significant variation when compared to the three months average volume of 1.72 million shares. The firm’s stock price fluctuated 5.96% within the last five trades and 13.97% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price decreased -39.23% in the last 6 months and 0.39% was added to its value over the previous 3 months. DBRG stock is trading at a margin of 12.98%, 0.92% and -29.57% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
As of the close of trading, DBRG deals in the Real Estate domain. The stock is trading -60.12 percent below its 52-week high and 23.29 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is -55.7. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.
What Does DigitalBridge Group Inc.’s Profitability and Valuation Ratios Tell Us About the Stock?
With regard to the profitability of the company, the operating margin is currently at -38.80 percent and the profit margin is -34.90 percent, and the company has reported a gross margin of 63.50 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.
The stock’s market cap achieved a total value of $1.99 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 1.81 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 2.44, which equates the market value of a stock with its book value.
Is Insider Trading a Real Thing?
Almost all investors and traders prefer to invest in shares controlled by the management of a corporation as a management company will be more likely to run the business itself and to never conduct things against the management’s desires and will always try to do what is best for their shareholders. Currently, 0.50 percent of DigitalBridge Group Inc. shares are owned by insiders, and 89.90 percent are held by financial institutions. Stewart Liam, the Chief Operating Officer at DigitalBridge Group Inc. (DBRG) has bought 3,300 shares of firm on Sep 20 at a price of $15.26 against the total amount of $50348.0. In another inside trade, Ganzi Marc C, CEO of DigitalBridge Group Inc. (NYSE:DBRG) bought 32,000 shares of the firm on Sep 20 for a total worth of $0.49 million at a price of $15.22. An inside trade which took place on Aug 31, CEO of DigitalBridge Group Inc. Ganzi Marc C bought 27,943 shares of firm against total price of $0.5 million at the cost of $17.83 per share.