PubMatic (PUBM) Projected to Post Earnings on Thursday

PubMatic (NASDAQ:PUBM - Get Free Report) is anticipated to post its Q1 2025 quarterly earnings results after the market closes on Thursday, May 8th. Analysts expect PubMatic to post earnings of ($0.02) per share and revenue of $62.07 million for the quarter. PubMatic has set its Q1 2025 guidance at EPS.

PubMatic (NASDAQ:PUBM - Get Free Report) last posted its earnings results on Thursday, February 27th. The company reported $0.26 earnings per share for the quarter, missing analysts' consensus estimates of $0.37 by ($0.11). The business had revenue of $85.50 million for the quarter, compared to the consensus estimate of $88.24 million. PubMatic had a return on equity of 6.12% and a net margin of 5.96%. On average, analysts expect PubMatic to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

PubMatic Stock Up 0.8 %

Shares of PUBM stock traded up $0.08 during trading hours on Tuesday, hitting $9.82. 518,677 shares of the company's stock traded hands, compared to its average volume of 470,669. The stock has a market cap of $476.54 million, a PE ratio of 31.68 and a beta of 1.49. The stock's 50 day simple moving average is $9.42 and its 200 day simple moving average is $13.33. PubMatic has a 12 month low of $7.46 and a 12 month high of $25.36.

Analysts Set New Price Targets

Several analysts recently commented on PUBM shares. Scotiabank decreased their target price on shares of PubMatic from $17.00 to $15.00 and set a "sector perform" rating for the company in a research report on Friday, February 28th. Royal Bank of Canada decreased their price objective on shares of PubMatic from $17.00 to $14.00 and set an "outperform" rating for the company in a research report on Friday. Lake Street Capital dropped their target price on shares of PubMatic from $24.00 to $21.00 and set a "buy" rating on the stock in a report on Friday, February 28th. Finally, JMP Securities reaffirmed a "market outperform" rating and set a $20.00 price target on shares of PubMatic in a research report on Monday, January 27th. Four research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $19.33.

Insiders Place Their Bets

In related news, insider Mukul Kumar sold 7,000 shares of the company's stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $16.51, for a total transaction of $115,570.00. Following the transaction, the insider now directly owns 52,005 shares of the company's stock, valued at approximately $858,602.55. This represents a 11.86 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Steven Pantelick sold 12,061 shares of the firm's stock in a transaction that occurred on Wednesday, April 2nd. The shares were sold at an average price of $9.31, for a total value of $112,287.91. Following the completion of the sale, the chief financial officer now directly owns 41,410 shares of the company's stock, valued at $385,527.10. This trade represents a 22.56 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 58,019 shares of company stock worth $586,307. 2.90% of the stock is currently owned by company insiders.

About PubMatic

PubMatic, Inc, a technology company, engages in the provision of a cloud infrastructure platform that enables real-time programmatic advertising transactions for digital content creators, advertisers, agencies, agency trading desks, and demand side platforms worldwide. Its PubMatic SSP, a sell-side platform, used for the purchase and sale of digital advertising inventory for publishers and buyers.