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The Zacks Analyst Blog Highlights: Glu Mobile, Digital Turbine, Trivago, Radiant Logistics and Telenav

Zacks Equity Research
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For Immediate Release

Chicago, IL – March 13, 2019 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Glu Mobile Inc. GLUU, Digital Turbine, Inc. APPS, Trivago TRVG, Radiant Logistics Inc. RLGT and Telenav, Inc. TNAV.

Here are highlights from Tuesday’s Analyst Blog:

5 of the Best Stocks Under $10 for 2019

At Zacks, we try to avoid labeling stocks as “cheap” or “expensive.” Instead, we opt to look beyond a stock’s face value, and our system puts an emphasis on earnings estimate revisions to find stocks that will hopefully be winners for investors.

With that said, low-priced stocks can still be attractive to investors as they present the chance to take a larger position in a company, which they might not be able to in higher-priced stocks. When searching for these low-priced stocks, we still look for similar trends in growth, value, and momentum. Then we apply the Zacks Rank to properly analyze the potential that these companies have.

Today we’ve highlighted five stocks that are currently trading for under $10 per share. All of these stocks currently sport a Zacks Rank #2 (Buy) or better, and the selected companies are showing signs of outpacing the market throughout 2019.

Check out these five great stocks under $10 for 2019:

1. Glu Mobile Inc.

Prior Close: $9.04

Glu Mobile is a global developer and publisher of free-to-play mobile video games, such as MLB Tap Baseball 2018, Deer Hunter, Kim Kardashian Hollywood, and more. The firm saw its 2018 revenue surge 28% to reach $366.6 million. GLUU stock has climbed 12% to start the year and it has some new games entering beta, including a Disney/Pixar title, that could help the company expand this year.

Glu Mobile’s adjusted current-quarter EPS share figure is projected to climb 67%, based on our current Zacks Consensus Estimate. Meanwhile, the company’s full-year 2019 earnings are projected to skyrocket 230% on the back of 16% revenue growth. The company’s positive earnings estimate revision activity helps it earn a Zacks rank Zacks Rank #2 (Buy). Plus, investors should remember that mobile gaming is on the rise as part of the broader video game market expansion.

2. Digital Turbine, Inc.

Prior Close: $3.05 USD

Digital Turbine is coming off a fiscal third quarter that saw it top earnings and revenue estimates. The company operates in our Internet – Software industry and its business tries to connect OEMs, mobile operators, and publishers with advertisers and app developers. APPS’ positive earnings revision activity helps it earn a #1 (Strong Buy) rank.

The Austin, Texas-based company is expected to swing from an adjusted loss of $0.01 per share in the year-ago period to earnings of $0.02 a share in the current quarter, for a 300% expansion. This impressive bottom-line growth is projected to continue in the following quarter and the coming fiscal year. Meanwhile, Digital Turbine’s bottom-line expansion is expected to be supported by 26.7% revenue growth in Q4.

3. Trivago

Prior Close: $5.41 USD

Trivago is a German-based hotel and accommodation search platform that closed 2018 with the ability to connect customers in over 190 countries to more than three million hotels and alternative accommodations, such as private apartments. Shares of TRVG have tumbled 37% over the last year from almost $9 a share to below $6. With that said, the company operates in a high-margin business and Trivago saw its profits jump in the fourth quarter, while the company’s consolidated revenue per qualified referral jumped 13%.

Peeking ahead, our Zacks Consensus Estimate calls for the company’s adjusted Q1 fiscal 2019 earnings to soar 129%. This bottom-line growth is expected to continue for the full year with 2019’s earnings projected to skyrocket over 214%. On top of that, Trivago’s 2020 revenue is projected to climb 7.8% above our current year estimate that calls for a 2.4% decline. Trivago is currently a Zacks Rank #2 (Buy) based, in part, on its positive earnings estimate revision activity.

4. Radiant Logistics Inc.

Prior Close: $6.13 USD

Radiant Logistics is a global transportation and supply chain management firm that operates everything from retail sector white-glove delivery services to heavy machinery transportation. Shares of RLGT have soared over 44% so far this year and the company is part of the Transportation – Air Freight and Cargo industry that currently rests in the top 7% of our 256 Zacks industries.

Radiant is a Zacks Rank #1 (Strong Buy) right now that boasts “A” grades for Value, Growth, and Momentum in our Style Scores system. Plus, the company is trading at a respectable P/E of 12.5, which comes in just above its industry’s 11.7X average. The company is also expected to see its adjusted current-year earnings soar over 62% on the back of 13.6% revenue growth.

5. Telenav, Inc.

Prior Close: $5.98 USD

Telenav provides connected car and location-based services and saw 1.3 million vehicles equipped with its technology enter the global market last quarter. The company works with companies such as General Motors and Toyota. Investors might also be happy to note that Telenav just recently announced a partnership with Amazon to bring its widely popular Alexa voice assistant technology to Telenav’s navigation system offerings.

TNAV stock has soared 47% in 2019 and the company’s positive earnings estimate revision activity helps it sport a Zacks Rank #2 (Buy). Telenav is expected to see its current-quarter earnings surge over 78% on the back of a 269% jump in revenue. Meanwhile, the connected car tech firm’s full-year EPS is projected to surge roughly 76%, with its top-line expected to soar 101% to reach $214.17 million. The company also rocks an “A” grade for Growth and has a P/S ratio of 1.87, which falls below some of its peers.

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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.


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Trivago N.V. ADS (TRVG) : Free Stock Analysis Report
 
Digital Turbine, Inc. (APPS) : Free Stock Analysis Report
 
Glu Mobile Inc. (GLUU) : Free Stock Analysis Report
 
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Telenav, Inc. (TNAV) : Free Stock Analysis Report
 
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