Digital Ally Inc

Digital Ally Inc Stock Forecast & Price Prediction

Live Digital Ally Inc Stock (DGLY) Price
$1.07

2

Ratings

  • Buy 2
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$1.07

P/E Ratio

-0.12

Volume Traded Today

$44,106

Dividend

Dividends not available for DGLY

52 Week High/low

3.29/0.84

Digital Ally Inc Market Cap

$4.1M

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DGLY Summary

From what 2 stock analysts predict, the share price for Digital Ally Inc (DGLY) might decrease by 100% in the next year. This is based on a 12-month average estimation for DGLY. Price targets go from $ to $. The majority of stock analysts believe DGLY is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

DGLY Analyst Ratings

Digital Ally Inc has a total of 2 Wall St Analyst ratings. There are 2 buy ratings, 0 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Digital Ally Inc will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.

DGLY stock forecast by analyst

These are the latest 20 analyst ratings of DGLY.

Analyst/Firm

Rating

Price Target

Change

Date

Michael Albanese
EF Hutton

Buy

$15

Reiterates

May 18, 2023
Michael Albanese
EF Hutton

Buy

$15

Reiterates

Apr 5, 2023
Michael Albanese
EF Hutton

Buy

$15

Maintains

Feb 13, 2023
Ben Piggott
EF Hutton

Buy

$2.5

Initiates

Jan 18, 2022

Aegis Capital

Buy


Initiates

Jun 29, 2020

Maxim Group

Hold


Downgrade

Apr 13, 2018
Brian Kinstlinger
Maxim Group

Buy

$4

Maintains

Nov 16, 2017
Brian Kinstlinger
Maxim Group

Buy

$9

Maintains

Aug 16, 2017

Maxim Group

Buy


Initiates

Aug 18, 2016

Roth Capital

Neutral

$7

Downgrade

Nov 13, 2015

Roth Capital

Buy


Maintains

Aug 10, 2015

Chardan Capital

Buy


Initiates

Jun 18, 2015

H.C. Wainwright

Buy


Initiates

Jun 18, 2015

Roth Capital

Buy


Initiates

May 28, 2015

DGLY Company Information

  • Company Overview: Digital Ally, Inc. is a producer and seller of digital video imaging, storage, and disinfectant products primarily for law enforcement and commercial applications in the U.S.
  • Business Segments: The company operates through three segments:
    • Video Solutions: Offers in-car digital video systems and body-worn cameras for law enforcement and security.
    • Revenue Cycle Management: Provides working capital, insurance verification, and collections services to healthcare organizations.
    • Entertainment: Operates TicketSmarter.com, an online marketplace for ticket sales and resales for live events.
  • Key Products and Services:
    • In-car digital video mirror and event recorder systems for law enforcement and commercial fleets.
    • Web-based data management tools for fleet managers.
    • VuLink ecosystem for auto-activation and coordination of recording devices.
    • EVO Web software for managing digital video evidence.
    • FleetVU Manager for commercial fleet tracking.
    • ThermoVu, a temperature screening tool for facility entry control.
    • Shield disinfectants and personal protective equipment (PPE) for healthcare workers and consumers.
  • Founded: 2004
  • Headquarters: Lenexa, Kansas
DGLY
Digital Ally Inc (DGLY)

When did it IPO

N/A

Staff Count

170

Country

United States

Sector/Industry

Communication Services/Internet Content & Information

CEO

Mr. Stanton E. Ross

Market Cap

$4.1M

Digital Ally Inc (DGLY) Financial Data

In 2023, DGLY generated $28.2M in revenue, which was a decrease of -23.67% from the previous year. This can be seen as a signal that DGLY's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$10.5M

Revenue From 2021

$21.4M

103.65 %
From Previous Year

Revenue From 2022

$37.0M

72.83 %
From Previous Year

Revenue From 2023

$28.2M

-23.67 %
From Previous Year
  • Revenue TTM $23.4M
  • Operating Margin TTM -69.7%
  • Gross profit TTM $5.8M
  • Return on assets TTM -24.1%
  • Return on equity TTM -157.8%
  • Profit Margin -86.3%
  • Book Value Per Share 0.66%
  • Market capitalisation $4.1M
  • Revenue for 2021 $21.4M
  • Revenue for 2022 $37.0M
  • Revenue for 2023 $28.2M
  • EPS this year (TTM) $-7.10

Digital Ally Inc (DGLY) Latest News

News Image

Mon, 19 Aug 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - Digital Ally, Inc. (NASDAQ:DGLY ) Q2 2024 Earnings Conference Call August 19, 2024 11:15 AM ET Company Participants Stan Ross - Chief Executive Officer Brody Green - President Conference Call Participants Rommel Dionisio - Aegis Capital Operator Good morning, ladies and gentlemen, and welcome to the Digital Ally Second Quarter Earnings Conference Call. At this time, all lines are in a listen-only mode.

News Image

Fri, 16 Aug 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - LENEXA, Kansas, Aug. 16, 2024 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (Nasdaq: DGLY) (the โ€œCompanyโ€ or โ€œourโ€), today announced its operating results for the second quarter of 2024. An investor conference call is scheduled for 11:15 a.m. EDT on Monday, August 19, 2024 (see details below).

News Image

Wed, 14 Aug 2024

Sentiment - POSITIVE

Source - InvestorPlace

Summary - Digital Allyย (NASDAQ: DGLY ) stock is on the rise Wednesday alongside heavy pre-market trading of the digital video imaging, storage and disinfectant company's shares. This has more than 15.7 million shares of DGLY stock changing hands as of this writing.

News Image

Mon, 05 Aug 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - KANSAS CITY, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (Nasdaq: DGLY) โ€“ Kustom Entertainment, Inc. (โ€œKustom Entertainmentโ€), a premier live event marketing and concert production company and current subsidiary of Digital Ally Inc. (โ€œDigital Allyโ€), today announced that Clover Leaf Capital Corp.'s (โ€œClover Leafโ€) registration statement on Form S-4 has been declared effective by the U.S. Securities and Exchange Commission (the โ€œSECโ€) as ofย Tuesday, July 30, 2024, relating to the previously announced proposed business combination by and among Clover Leaf, Kustom Entertainment, Inc. andย CL Merger Sub, Inc.

News Image

Tue, 25 Jun 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Lenexa, Kansas, June 25, 2024 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (NASDAQ: DGLY) (the โ€œCompanyโ€), a leading provider of video solutions which develops, manufactures, and markets advanced video recording products and other critical safety products for law enforcement, emergency management, fleet safety and event security, today announced the closing of a private placement with certain institutional investors. The aggregate gross cash proceeds were approximately $2.9 million, before deducting fees to the placement agent and other offering expenses payable by the Company. The Company intends to use the net proceeds from the private placement for inventory purchases, artist costs for upcoming festivals, transaction cost, expanded sales, marketing and general working capital.

News Image

Mon, 24 Jun 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Lenexa, Kansas, June 24, 2024 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (NASDAQ: DGLY) (the โ€œCompanyโ€), a leading provider of video solutions which develops, manufactures, and markets advanced video recording products and other critical safety products for law enforcement, emergency management, fleet safety and event security, today announced the pricing of a private placement with certain institutional investors. The aggregate gross cash proceeds are expected to be approximately $2.9 million, before deducting fees to the placement agent and other offering expenses payable by the Company. The Company intends to use the net proceeds from the private placement for inventory purchases, artist costs for upcoming festivals, transaction cost, expanded sales, marketing and general working capital.

...

DGLY Frequently asked questions

The highest forecasted price for DGLY is $ from at Roth Capital.

The lowest forecasted price for DGLY is $ from from Roth Capital

The DGLY analyst ratings consensus are 2 buy ratings, 0 hold ratings, and 0 sell ratings.