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S&P 500   4,585.59
DOW   36,117.38
QQQ   390.43
Forward dividend yield: What it is and how to use it 
An Unusual Way to Invest in Gold (Ad)
What are consumer staples stocks?
Healthcare sector: Overview and keys to investing
An Unusual Way to Invest in Gold (Ad)
Is Amazon a blue chip stock?
How to invest in GTE technology: A guide 
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Consumer staples vs. consumer discretionary
How to find penny stocks to invest and trade 
S&P 500   4,585.59
DOW   36,117.38
QQQ   390.43
Forward dividend yield: What it is and how to use it 
An Unusual Way to Invest in Gold (Ad)
What are consumer staples stocks?
Healthcare sector: Overview and keys to investing
An Unusual Way to Invest in Gold (Ad)
Is Amazon a blue chip stock?
How to invest in GTE technology: A guide 
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Consumer staples vs. consumer discretionary
How to find penny stocks to invest and trade 
S&P 500   4,585.59
DOW   36,117.38
QQQ   390.43
Forward dividend yield: What it is and how to use it 
An Unusual Way to Invest in Gold (Ad)
What are consumer staples stocks?
Healthcare sector: Overview and keys to investing
An Unusual Way to Invest in Gold (Ad)
Is Amazon a blue chip stock?
How to invest in GTE technology: A guide 
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Consumer staples vs. consumer discretionary
How to find penny stocks to invest and trade 

Direct Digital Stock Price, News & Analysis (NASDAQ:DRCT)

$12.32
-0.93 (-7.02%)
(As of 12/7/2023 ET)
Compare
Today's Range
$11.75
$13.33
50-Day Range
$2.36
$13.41
52-Week Range
$1.96
$14.38
Volume
335,236 shs
Average Volume
252,747 shs
Market Capitalization
$175.81 million
P/E Ratio
53.57
Dividend Yield
N/A
Price Target
$11.00

Direct Digital MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
10.7% Downside
$11.00 Price Target
Short Interest
Bearish
18.84% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
44.00%
From $0.50 to $0.72 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.81 out of 5 stars

Business Services Sector

180th out of 257 stocks

Advertising Industry

5th out of 7 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

Recent Reports Are A Wake-Up Call For Investors
As the demand for lithium, an essential element to the energy revolution, increases globally, researchers are projecting a supply deficit as early as 2025. This has sparked a worldwide "gold rush" to find and develop new sources of this critical metal. Savvy investors are paying attention as mining companies race to meet this critical deadline.
Roth Mkm Boosts Direct Digital (NASDAQ:DRCT) Price Target to $12.50
Recent Reports Are A Wake-Up Call For Investors
As the demand for lithium, an essential element to the energy revolution, increases globally, researchers are projecting a supply deficit as early as 2025. This has sparked a worldwide "gold rush" to find and develop new sources of this critical metal. Savvy investors are paying attention as mining companies race to meet this critical deadline.
Direct Digital's Growth Outlook Looks Bright
authID INC. Announces Closing of $9.4 Million Registered Direct Offering
Direct Digital Holdings, Inc. (DRCT)
See More Headlines
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Company Calendar

Last Earnings
11/09/2023
Today
12/08/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
3/28/2024

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
$11.00
High Stock Price Target
$15.00
Low Stock Price Target
$5.50
Potential Upside/Downside
-10.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$4.17 million
Pretax Margin
3.37%

Debt

Sales & Book Value

Annual Sales
$146.84 million
Cash Flow
$0.39 per share
Book Value
$0.32 per share

Miscellaneous

Free Float
2,741,000
Market Cap
$175.81 million
Optionable
Not Optionable
Beta
8.21
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Key Executives

  • Mr. Mark D. Walker (Age 47)
    CEO, Co-Founder & Chairman
    Comp: $518.75k
  • Mr. Keith W. Smith (Age 54)
    Co-Founder, President & Director
    Comp: $518.75k
  • Ms. Diana P. Diaz
    Chief Financial Officer
  • Ms. Anu Pillai (Age 52)
    Chief Technology Officer
  • Ms. M. Duyen Le CPA
    Vice President of People & Culture
  • Ms. Maria Vilchez Lowrey (Age 41)
    Chief Growth Officer














DRCT Stock Analysis - Frequently Asked Questions

Should I buy or sell Direct Digital stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Direct Digital in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" DRCT shares.
View DRCT analyst ratings
or view top-rated stocks.

What is Direct Digital's stock price target for 2024?

3 Wall Street analysts have issued 12-month target prices for Direct Digital's shares. Their DRCT share price targets range from $5.50 to $15.00. On average, they expect the company's share price to reach $11.00 in the next year. This suggests that the stock has a possible downside of 10.7%.
View analysts price targets for DRCT
or view top-rated stocks among Wall Street analysts.

How have DRCT shares performed in 2023?

Direct Digital's stock was trading at $2.4250 at the start of the year. Since then, DRCT shares have increased by 408.0% and is now trading at $12.32.
View the best growth stocks for 2023 here
.

Are investors shorting Direct Digital?

Direct Digital saw a increase in short interest in November. As of November 15th, there was short interest totaling 542,500 shares, an increase of 8,941.7% from the October 31st total of 6,000 shares. Based on an average daily volume of 571,700 shares, the short-interest ratio is currently 0.9 days. Currently, 18.8% of the company's shares are sold short.
View Direct Digital's Short Interest
.

When is Direct Digital's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, March 28th 2024.
View our DRCT earnings forecast
.

How were Direct Digital's earnings last quarter?

Direct Digital Holdings, Inc. (NASDAQ:DRCT) released its quarterly earnings data on Thursday, November, 9th. The company reported $0.23 earnings per share for the quarter, beating analysts' consensus estimates of $0.05 by $0.18. The business earned $59.47 million during the quarter, compared to analysts' expectations of $33.86 million. Direct Digital had a net margin of 2.32% and a trailing twelve-month return on equity of 78.67%.

When did Direct Digital IPO?

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

Who are Direct Digital's major shareholders?

Direct Digital's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Perritt Capital Management Inc. (0.37%) and Warberg Asset Management LLC (0.21%).
View institutional ownership trends
.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:DRCT) was last updated on 12/8/2023 by MarketBeat.com Staff

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