PubMatic (PUBM) Projected to Post Quarterly Earnings on Thursday

PubMatic (NASDAQ:PUBM - Get Free Report) is projected to post its Q1 2025 quarterly earnings results after the market closes on Thursday, May 8th. Analysts expect the company to announce 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 quarterly earnings results on Thursday, February 27th. The company reported $0.26 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.37 by ($0.11). The company had revenue of $85.50 million during the quarter, compared to analysts' expectations of $88.24 million. PubMatic had a net margin of 5.96% and a return on equity of 6.12%. On average, analysts expect PubMatic to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

PubMatic Trading Down 0.8 %

NASDAQ PUBM traded down $0.08 on Friday, reaching $9.80. 469,895 shares of the company were exchanged, compared to its average volume of 469,197. PubMatic has a fifty-two week low of $7.46 and a fifty-two week high of $25.36. The stock has a market capitalization of $475.56 million, a P/E ratio of 31.61 and a beta of 1.50. The business's fifty day moving average price is $9.59 and its 200 day moving average price is $13.42.

Insiders Place Their Bets

In other PubMatic news, Chairman Amar K. Goel sold 4,446 shares of the firm's stock in a transaction on Wednesday, April 2nd. The stock was sold at an average price of $9.31, for a total value of $41,392.26. Following the sale, the chairman now directly owns 18,401 shares in the company, valued at $171,313.31. This trade represents a 19.46 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Rajeev K. Goel sold 24,891 shares of the company's stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $15.14, for a total value of $376,849.74. Following the transaction, the chief executive officer now directly owns 5,896 shares of the company's stock, valued at approximately $89,265.44. This represents a 80.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 87,210 shares of company stock worth $1,028,124 in the last quarter. 2.90% of the stock is owned by company insiders.

Analyst Ratings Changes

PUBM has been the subject of several analyst reports. Scotiabank dropped their price target on shares of PubMatic from $17.00 to $15.00 and set a "sector perform" rating for the company in a research note on Friday, February 28th. Royal Bank of Canada cut their price objective on PubMatic from $17.00 to $14.00 and set an "outperform" rating for the company in a research report on Friday. Lake Street Capital lowered their target price on shares of PubMatic from $24.00 to $21.00 and set a "buy" rating for the company in a research note on Friday, February 28th. Finally, JMP Securities reissued a "market outperform" rating and issued a $20.00 price target on shares of PubMatic in a research note on Monday, January 27th. Four equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $19.33.

PubMatic Company Profile

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.