NASDAQ:DRCT Direct Digital (DRCT) Stock Price, News & Analysis → Top 5 AI Stocks to Buy for 2024 (From Market Moving Trends) (Ad) Free DRCT Stock Alerts $2.74 +0.27 (+10.93%) (As of 11:41 AM ET) Add Compare Share Share Today's Range$2.47▼$2.8550-Day Range$2.21▼$14.3152-Week Range$1.96▼$35.88Volume92,022 shsAverage Volume208,903 shsMarket Capitalization$39.10 millionP/E Ratio19.57Dividend YieldN/APrice Target$21.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrends Get Direct Digital alerts: Email Address Direct Digital MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside726.8% Upside$21.00 Price TargetShort InterestHealthy4.65% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.00Based on 13 Articles This WeekInsider TradingN/AProj. Earnings Growth175.00%From $0.16 to $0.44 Per ShareSee Full Details Hide Full Details 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.3.54 out of 5 starsBusiness Services Sector89th out of 299 stocksAdvertising Industry2nd out of 10 stocks 3.3 Analyst's Opinion Consensus RatingDirect Digital has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageDirect Digital has only been the subject of 3 research reports in the past 90 days.Read more about Direct Digital's stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted4.65% of the float of Direct Digital has been sold short.Short Interest Ratio / Days to CoverDirect Digital has a short interest ratio ("days to cover") of 0.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Direct Digital has recently decreased by 16.11%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldDirect Digital does not currently pay a dividend.Dividend GrowthDirect Digital does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for DRCT. Previous Next 0.6 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 13 news articles for Direct Digital this week, compared to 3 articles on an average week.Search InterestOnly 3 people have searched for DRCT on MarketBeat in the last 30 days. This is a decrease of -70% compared to the previous 30 days.MarketBeat Follows7 people have added Direct Digital to their MarketBeat watchlist in the last 30 days. This is an increase of 133% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Direct Digital insiders have not sold or bought any company stock.Percentage Held by Insiders80.79% of the stock of Direct Digital is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 4.02% of the stock of Direct Digital is held by institutions.Read more about Direct Digital's insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Direct Digital are expected to grow by 175.00% in the coming year, from $0.16 to $0.44 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Direct Digital is 18.14, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.34.Price to Earnings Ratio vs. SectorThe P/E ratio of Direct Digital is 18.14, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 26.83.Price to Book Value per Share RatioDirect Digital has a P/B Ratio of 7.94. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Direct Digital's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Oasis GoldExecutive Order To Wipe Out Your Bank AccountsDon't wait until it's too late. The digital dollar is nearing the end of its trial period, and the window of opportunity to protect your interests is closing fast.Click Here To Get Your FREE Guide Now! 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.Read More DRCT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart DRCT Stock News HeadlinesJune 7 at 6:39 PM | prnewswire.comDRCT Investors Have Opportunity to Lead Direct Digital Holdings, Inc. Securities Fraud LawsuitJune 7 at 5:26 PM | globenewswire.comDRCT Class Action Reminder: Contact Robbins LLP for Information About Your Rights Against Direct Digital Holdings, Inc.June 7 at 5:25 PM | globenewswire.comROSEN, A TOP RANKED LAW FIRM, Encourages Direct Digital Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – DRCTJune 7 at 8:15 AM | prnewswire.comSHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Direct Digital Holdings, Inc. - DRCTJune 6, 2024 | globenewswire.comDRCT INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Direct Digital Holdings Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!June 5, 2024 | prnewswire.comROSEN, A RANKED AND LEADING FIRM, Encourages Direct Digital Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - DRCTJune 5, 2024 | globenewswire.comSHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Direct Digital Holdings, Inc. - DRCTJune 5, 2024 | prnewswire.comIMPORTANT INVESTOR DEADLINE APPROACHING: The Schall Law Firm Encourages Investors in Direct Digital Holdings, Inc. with Losses to Contact the FirmJune 4, 2024 | globenewswire.comDIRECT DIGITAL ALERT: Bragar Eagel & Squire, P.C. Reminds Investors that a Class Action Lawsuit Has Been Filed Against Direct Digital Holdings, Inc. and Encourages Investors to Contact the FirmJune 4, 2024 | globenewswire.comROSEN, A LEADING LAW FIRM, Encourages Direct Digital Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – DRCTJune 4, 2024 | businesswire.comGlancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Direct Digital Holdings, Inc. (DRCT)June 3, 2024 | businesswire.comRobbins LLP Urges DRCT Stockholders With Large Losses to Contact the Firm for Information About the Direct Digital Holdings, Inc. Class ActionJune 3, 2024 | businesswire.comDeadline Reminder: Law Offices of Howard G. Smith Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Direct Digital Holdings, Inc. (DRCT)May 30, 2024 | businesswire.comGlancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces the Filing of a Securities Class Action on Behalf of Direct Digital Holdings, Inc. (DRCT) InvestorsMay 30, 2024 | prnewswire.comSHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Direct Digital Holdings, Inc. - DRCTMay 30, 2024 | businesswire.comThe Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Direct Digital Holdings, Inc. (DRCT) InvestorsMay 30, 2024 | businesswire.comDRCT INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Direct Digital Holdings Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!May 29, 2024 | prnewswire.comDRCT INVESTOR ALERT: ROSEN, LEADING TRIAL ATTORNEYS, Encourages Direct Digital Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - DRCTMay 28, 2024 | businesswire.comDirect Digital Holdings, Inc. Investor Notice: Robbins LLP Reminds Stockholders of Class Action Against DRCTMay 28, 2024 | businesswire.comDRCT INVESTOR NEWS: ROSEN, SKILLED INVESTOR COUNSEL, Encourages Direct Digital Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – DRCTMay 25, 2024 | finanznachrichten.deDirect Digital Holdings Announces Receipt of Expected Delinquency Notification Letter From Nasdaq Relating to Non-Compliance with Listing Rule 5250(c)May 24, 2024 | prnewswire.comDRCT INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Direct Digital Holdings Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!May 24, 2024 | businesswire.comDRCT INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Direct Digital Holdings Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!May 24, 2024 | prnewswire.comDirect Digital Holdings Announces Receipt of Expected Delinquency Notification Letter From Nasdaq Relating to Non-Compliance with Listing Rule 5250(c)(1)May 24, 2024 | businesswire.comKirby McInerney LLP Announces the Filing of a Securities Class Action on Behalf of Direct Digital Holdings, Inc. (DRCT) InvestorsSee More Headlines Receive DRCT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Direct Digital and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/26/2024Today6/10/2024Next Earnings (Estimated)6/13/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorBusiness Services Industry Advertising Sub-IndustryN/A Current SymbolNASDAQ:DRCT CUSIPN/A CIK1880613 Webwww.directdigitalholdings.com Phone832-402-1051FaxN/AEmployees69Year FoundedN/APrice Target and Rating Average Stock Price Target$21.00 High Stock Price Target$23.00 Low Stock Price Target$19.00 Potential Upside/Downside+726.8%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$0.14 Trailing P/E Ratio18.14 Forward P/E Ratio15.88 P/E GrowthN/ANet Income$1.99 million Net Margins1.26% Pretax Margin3.37% Return on Equity48.38% Return on Assets3.30% Debt Debt-to-Equity Ratio3.51 Current Ratio1.16 Quick Ratio1.16 Sales & Book Value Annual Sales$157.11 million Price / Sales0.23 Cash Flow$0.40 per share Price / Cash Flow6.36 Book Value$0.32 per share Price / Book7.94Miscellaneous Outstanding Shares14,270,000Free Float2,741,000Market Cap$36.25 million OptionableNot Optionable Beta7.77 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. Get This Free Report Key ExecutivesMr. Mark D. Walker (Age 48)CEO, Co-Founder & Chairman Comp: $518.75kMr. Keith W. Smith (Age 55)Co-Founder, President & Director Comp: $518.75kMs. Diana P. DiazChief Financial OfficerMs. Anu Pillai (Age 53)Chief Technology Officer Ms. M. Duyen Le CPAVice President of People & CultureMs. Maria Vilchez Lowrey (Age 42)Chief Growth Officer Ms. Kristie MacDonaldChief Executive Officer of Huddled MassesMr. Douglas MankiewiczChief Executive Officer of Orange 142Ms. Lashawnda GoffinChief Executive Officer of Colossus SSPMore ExecutivesKey CompetitorsTravelzooNASDAQ:TZOOPSQNYSE:PSQHFluentNASDAQ:FLNTIZEA WorldwideNASDAQ:IZEAInuvoNYSE:INUVView All CompetitorsInsiders & InstitutionsDenali Advisors LLCSold 8,700 shares on 4/19/2024Ownership: 0.108%W Keith SmithSold 77,930 sharesTotal: $867,360.90 ($11.13/share)View All Insider TransactionsView All Institutional Transactions 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 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" DRCT shares. View DRCT analyst ratings or view top-rated stocks. What is Direct Digital's stock price target for 2024? 3 analysts have issued 1 year price objectives for Direct Digital's stock. Their DRCT share price targets range from $19.00 to $23.00. On average, they predict the company's share price to reach $21.00 in the next year. This suggests a possible upside of 726.8% from the stock's current price. View analysts price targets for DRCT or view top-rated stocks among Wall Street analysts. How have DRCT shares performed in 2024? Direct Digital's stock was trading at $14.88 on January 1st, 2024. Since then, DRCT stock has decreased by 82.9% and is now trading at $2.54. View the best growth stocks for 2024 here. Are investors shorting Direct Digital? Direct Digital saw a decline in short interest in the month of May. As of May 15th, there was short interest totaling 118,200 shares, a decline of 16.1% from the April 30th total of 140,900 shares. Based on an average daily trading volume, of 174,900 shares, the short-interest ratio is currently 0.7 days. Approximately 4.7% of the shares of the company are short sold. 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, June 13th 2024. View our DRCT earnings forecast. How were Direct Digital's earnings last quarter? Direct Digital Holdings, Inc. (NASDAQ:DRCT) announced its earnings results on Tuesday, March, 26th. The company reported ($0.08) EPS for the quarter, missing the consensus estimate of $0.28 by $0.36. The firm earned $41.01 million during 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%. During the same quarter in the prior year, the business posted $0.01 earnings per share. What guidance has Direct Digital issued on next quarter's earnings? Direct Digital updated its FY 2024 earnings guidance on Tuesday, March, 26th. The company provided EPS guidance of for the period. The company issued revenue guidance of $170.0 million-$190.0 million, compared to the consensus revenue estimate of $242.6 million. When did Direct Digital IPO? Direct Digital (DRCT) raised $18 million in an initial public offering 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 served as the underwriters for the IPO. Who are Direct Digital's major shareholders? Direct Digital's stock is owned by a variety of institutional and retail investors. Top institutional investors include Denali Advisors LLC (0.11%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:DRCT) was last updated on 6/10/2024 by MarketBeat.com Staff From Our PartnersAI's Next Magnificent SevenThe Original Magnificent Seven Produced 16,894% Average Returns Over 20 Years.The Oxford Club | Sponsored[PDF Inside] Crypto's $1 Trillion 60-Day Boom + New 2024 Profit StrategyThe crypto industry is exploding and Chris Munch just released a new PDF detailing how you can potentially pro...DeFi Distribution | SponsoredTrump convicted... now what?Unexpected Twist to Trump's Trial Most folks sense there's more to the Trump trial than meets the eye. 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