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NASDAQ:DRCT

Direct Digital (DRCT) Stock Price, News & Analysis

$4.16
-0.08 (-1.89%)
(As of 07/26/2024 ET)
Today's Range
$4.04
$4.38
50-Day Range
$2.21
$5.14
52-Week Range
$1.96
$35.88
Volume
43,002 shs
Average Volume
147,600 shs
Market Capitalization
$59.36 million
P/E Ratio
29.71
Dividend Yield
N/A
Price Target
$21.00

Direct Digital MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
404.8% Upside
$21.00 Price Target
Short Interest
Healthy
6.88% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.27mentions of Direct Digital in the last 14 days
Based on 9 Articles This Week
Insider Trading
Selling Shares
$14,739 Sold Last Quarter
Proj. Earnings Growth
175.00%
From $0.16 to $0.44 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.73 out of 5 stars

Business Services Sector

74th out of 317 stocks

Advertising Industry

1st out of 10 stocks

DRCT stock logo

About Direct Digital Stock (NASDAQ:DRCT)

Direct Digital Holdings, Inc. operates as an end-to-end full-service programmatic advertising platform. The company's platform primarily focuses on providing advertising technology, data-driven campaign optimization, and other solutions to underserved and less efficient markets on both the buy- and sell-side of the digital advertising ecosystem. It serves various industry verticals, such as travel, healthcare, education, financial services, consumer products, and other sectors with a focus on small and mid-sized businesses. The company was founded in 2018 and is headquartered in Houston, Texas.

DRCT Stock Price History

DRCT Stock News Headlines

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Company Calendar

Last Earnings
3/26/2024
Today
7/27/2024
Next Earnings (Estimated)
8/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Advertising
Sub-Industry
N/A
Current Symbol
NASDAQ:DRCT
Fax
N/A
Employees
69
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$21.00
High Stock Price Target
$23.00
Low Stock Price Target
$19.00
Potential Upside/Downside
+404.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$1.99 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$157.11 million
Cash Flow
$0.41 per share
Book Value
$0.32 per share

Miscellaneous

Free Float
2,741,000
Market Cap
$59.36 million
Optionable
Not Optionable
Beta
7.70
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Key Executives

  • Mr. Mark D. Walker (Age 48)
    CEO, Co-Founder & Chairman
    Comp: $518.75k
  • Mr. Keith W. Smith (Age 55)
    Co-Founder, President & Director
    Comp: $518.75k
  • Ms. Diana P. Diaz
    Chief Financial Officer
  • Ms. Anu Pillai (Age 53)
    Chief Technology Officer
  • Ms. M. Duyen Le CPA
    Vice President of People & Culture
  • Ms. Maria Vilchez Lowrey (Age 42)
    Chief Growth Officer
  • Ms. Kristie MacDonald
    Chief Executive Officer of Huddled Masses
  • Mr. Douglas Mankiewicz
    Chief Executive Officer of Orange 142
  • Ms. Lashawnda Goffin
    Chief Executive Officer of Colossus SSP

DRCT Stock Analysis - Frequently Asked Questions

How have DRCT shares performed this year?

Direct Digital's stock was trading at $14.88 on January 1st, 2024. Since then, DRCT stock has decreased by 72.0% and is now trading at $4.16.
View the best growth stocks for 2024 here
.

How were Direct Digital's earnings last quarter?

Direct Digital Holdings, Inc. (NASDAQ:DRCT) posted its quarterly earnings data on Tuesday, March, 26th. The company reported ($0.08) EPS for the quarter, missing the consensus estimate of $0.28 by $0.36. The company had revenue of $41.01 million for the quarter, compared to analyst estimates of $66.02 million. Direct Digital had a trailing twelve-month return on equity of 48.38% and a net margin of 1.26%.

When did Direct Digital IPO?

Direct Digital (DRCT) raised $18 million in an IPO on Friday, February 11th 2022. The company issued 2,200,000 shares at a price of $7.00-$9.00 per share. The Benchmark Company and Roth Capital Partners served as the underwriters for the IPO.

How do I buy shares of Direct Digital?

Shares of DRCT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:DRCT) was last updated on 7/27/2024 by MarketBeat.com Staff

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