B. Riley Securities has recently resumed DigitalBridge Group Inc (DBRG) stock to Buy rating, as announced on December 6, 2023, according to Finviz. Earlier, on September 28, 2023, JP Morgan had raised the stock from a Neutral to Overweight, setting a price target of $25 for DBRG stock. Keefe Bruyette also raised Outperform rating with a price target of $17.50. Additionally, Deutsche Bank initiated Buy rating on February 15, 2023, with a target price of $18. JP Morgan analysts, in their report published on March 18, 2022, also raised Neutral rating for DigitalBridge Group Inc’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
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DigitalBridge Group Inc (DBRG) Stock Trading Recap
On Tuesday, DigitalBridge Group Inc (DBRG) stock saw a decline, ending the day at $13.76 which represents a decrease of $-0.37 or -2.62% from the prior close of $14.13. The stock opened at $14.4 and touched a low of $13.69 during the day, reaching a high of $14.4. The volume of shares traded was 1.96 million falling short of the average volume of 2.22 million.
DBRG Stock Performance and Moving Averages
In recent trading, DigitalBridge Group Inc (DBRG) stock price has shown some volatility, fluctuating -5.56% over the last five trades and 10.17% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by -27.20%, and it has gained 4.16% in the previous three months. Currently, DBRG is trading at 1.99%, 4.61%, and -12.71% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, DBRG, a Real Estate sector stock, is trading -34.44% below its 52-week high but remains 24.30% above its 52-week low. The Average True Range (ATR) (14 days) of 0.56 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
DigitalBridge Group Inc’s Profitability and Valuation Ratios
DigitalBridge Group Inc’s profitability metrics reveal strong financial health. The company currently boasts an operating margin of 27.05% and a profit margin of 32.57%, with a gross margin of -27.20%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, DigitalBridge Group Inc’s market capitalization stands at $2.39 billion. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. The stock’s price-to-earnings (P/E) ratio is 6.1, assessing the company’s valuation relative to its earnings. Additionally, the Price-to-Sales Ratio is 1.85, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 2.03, comparing the market value to the company’s book value.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 1.23% of DigitalBridge Group Inc (DBRG)’s shares, while financial institutions hold 96.45%.
