DigitalBridge Gr DBRG underwent analysis by 4 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 2 | 2 | 0 | 0 | 0 |
Last 30D | 0 | 1 | 0 | 0 | 0 |
1M Ago | 0 | 0 | 0 | 0 | 0 |
2M Ago | 1 | 1 | 0 | 0 | 0 |
3M Ago | 1 | 0 | 0 | 0 | 0 |
Analysts have set 12-month price targets for DigitalBridge Gr, revealing an average target of $20.44, a high estimate of $23.00, and a low estimate of $17.75. A decline of 4.4% from the prior average price target is evident in the current average.
Understanding Analyst Ratings: A Comprehensive Breakdown
A clear picture of DigitalBridge Gr's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Jade Rahmani | Keefe, Bruyette & Woods | Lowers | Outperform | $17.75 | $18.50 |
Anthony Hau | Truist Securities | Lowers | Buy | $19.00 | $22.00 |
Richard Choe | JP Morgan | Lowers | Overweight | $23.00 | $25.00 |
Anthony Hau | Truist Securities | Raises | Buy | $22.00 | $20.00 |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to DigitalBridge Gr. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of DigitalBridge Gr compared to the broader market.
- Price Targets: Delving into movements, analysts provide estimates for the future value of DigitalBridge Gr's stock. This analysis reveals shifts in analysts' expectations over time.
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of DigitalBridge Gr's market position. Stay informed and make well-informed decisions with our Ratings Table.
Stay up to date on DigitalBridge Gr analyst ratings.
Unveiling the Story Behind DigitalBridge Gr
DigitalBridge Group Inc is a developer of alternative asset manager dedicated to investing in digital infrastructure. The company's platform invests in and operates businesses across the digital ecosystem, including cell towers, data centers, fiber, small cells, and edge infrastructure, to provide clients with funds for digital infrastructure real estate infrastructure.
DigitalBridge Gr: Financial Performance Dissected
Market Capitalization Analysis: With an elevated market capitalization, the company stands out above industry averages, showcasing substantial size and market acknowledgment.
Positive Revenue Trend: Examining DigitalBridge Gr's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 302.21% as of 31 March, 2024, showcasing a substantial increase in top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Real Estate sector.
Net Margin: DigitalBridge Gr's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of -59.53%, the company may face hurdles in effective cost management.
Return on Equity (ROE): DigitalBridge Gr's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of -4.34%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of -1.26%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: DigitalBridge Gr's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.4.
The Basics of Analyst Ratings
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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