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NASDAQ:TRKA

Troika Media Group (TRKA) Stock Price, News & Analysis

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About Troika Media Group Stock (NASDAQ:TRKA)

Key Stats

Today's Range
N/A
50-Day Range
$0.13
$1.91
52-Week Range
N/A
Volume
7.68 million shs
Average Volume
1.68 million shs
Market Capitalization
$2.22 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

Troika Media Group, Inc. is a creative agency that offers branding, marketing, and advertising services to clients in various industries. Headquartered in Los Angeles, California, Troika was founded in 2003 and has established a strong reputation for creating innovative campaigns that engage audiences and drive results. The company's portfolio includes projects for major brands such as ESPN, Nike, and HBO.

The leadership team at Troika Media Group, Inc. is composed of seasoned professionals with extensive experience in the advertising and marketing industries. Sid Toama, Troika's Chief Executive Officer and President, started as a London lawyer overseeing product liability litigation and crisis management for insurers. Since then, he has worked with some of the most prominent names across multiple industries, assisting them in digital transformations. 

Troika Media Group, Inc. has shown consistent revenue growth over the past few years, with a five-year revenue increase of around 250%. The company has consistently maintained positive earnings before interest, taxes, depreciation, and amortization (EBITDA) margins, demonstrating strong financial management. Troika Media Group, Inc. has a price-to-earnings ratio lower than the average for its industry peers. This indicates that the company may be undervalued relative to its earnings potential. Additionally, the company's price-to-book ratio is lower than its peers' average, which could suggest that the market underestimates its assets. Troika Media Group, Inc.'s stock has shown mixed performance over the past several years averaging around $0.50 per share. The stock has experienced some volatility in recent years primarily due to investors losing faith after earnings reports. The company's trading volume has been high, with an average daily volume of around 141 million shares.

The advertising and marketing industry is highly competitive, with numerous companies vying for market share. Troika Media Group, Inc. operates in a segment of the industry that focuses on creative branding and design, an area of increasing importance as brands look to differentiate themselves in a crowded marketplace. One of the significant trends in the industry is the shift toward digital advertising, with social media platforms and programmatic advertising playing an increasingly important role. Additionally, there is growing concern around data privacy and consumer protection, which could lead to regulatory changes that impact the industry.

Troika Media Group, Inc. has several potential growth opportunities in the coming years. The company has recently expanded its offerings to include virtual and augmented reality experiences, which could provide a new avenue for client engagement. Additionally, the company has been exploring opportunities in the esports industry, which is rapidly growing and could offer a new market for Troika's services. The company could also expand its international presence, as it operates primarily in the US market.

Troika Media Group, Inc. faces several potential risks and challenges. One significant risk is the potential for increased industry competition, which could pressure the company's pricing and margins. Additionally, changes in consumer preferences or shifts in the broader economy could impact demand for the company's services. Finally, the advertising and marketing industry is subject to regulatory changes and legal challenges, which could significantly impact the industry and the company's operations.

Another potential challenge for Troika Media Group, Inc. is the ongoing COVID-19 pandemic, which significantly impacted the advertising and marketing industry. Many companies have reduced their advertising budgets in response to the economic downturn caused by the pandemic, which could lead to a decline in demand for Troika's services. Additionally, the pandemic has forced many businesses to adopt remote work arrangements, which could impact the company's ability to collaborate effectively with clients and team members.

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TRKA Stock News Headlines

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TRKA Stock Analysis - Frequently Asked Questions

Troika Media Group shares reverse split before market open on Thursday, June 1st 2023. The 1-25 reverse split was announced on Thursday, June 1st 2023. The number of shares owned by shareholders was adjusted after the market closes on Thursday, June 1st 2023. An investor that had 100 shares of stock prior to the reverse split would have 4 shares after the split.

Troika Media Group (TRKA) raised $24 million in an IPO on Tuesday, April 20th 2021. The company issued 5,800,000 shares at a price of $4.15 per share. Kingswood Capital Markets (a division of Benchmark Investments) served as the underwriter for the IPO.

Based on aggregate information from My MarketBeat watchlists, some other companies that Troika Media Group investors own include Meta Platforms (META), Mullen Automotive (MULN), T2 Biosystems (TTOO), Bionano Genomics (BNGO), Exela Technologies (XELA), Biora Therapeutics (BIOR) and Camber Energy (CEI).

Company Calendar

Today
11/23/2024
Fiscal Year End
6/30/2025

Industry, Sector and Symbol

Industry
Cable & other pay television services
Sub-Industry
N/A
Current Symbol
NASDAQ:TRKA
Fax
N/A
Employees
97
Year Founded
N/A

Profitability

Net Income
$-38,690,000.00
Pretax Margin
-9.29%

Debt

Sales & Book Value

Annual Sales
$116.41 million
Book Value
$4.05 per share

Miscellaneous

Free Float
16,494,000
Market Cap
$2.22 million
Optionable
Not Optionable
Beta
2.09
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This page (NASDAQ:TRKA) was last updated on 11/24/2024 by MarketBeat.com Staff
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