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T   17.66 (+0.63%)
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GE   174.91 (-2.89%)
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NASDAQ:DRCT

Direct Digital (DRCT) Stock Price, News & Analysis

$15.06
-0.98 (-6.11%)
(As of 02:16 PM ET)
Today's Range
$14.93
$16.37
50-Day Range
$9.92
$32.51
52-Week Range
$1.96
$35.88
Volume
209,718 shs
Average Volume
271,724 shs
Market Capitalization
$214.91 million
P/E Ratio
107.57
Dividend Yield
N/A
Price Target
$15.83

Direct Digital MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
4.4% Upside
$15.83 Price Target
Short Interest
Healthy
9.68% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.09mentions of Direct Digital in the last 14 days
Based on 25 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
79.17%
From $0.72 to $1.29 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.

1.87 out of 5 stars

Business Services Sector

221st out of 311 stocks

Advertising Industry

6th 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

AI to Meet the Same Fate as EVs?
When these tech bubbles burst, they invariably leave investors disillusioned by their losses. Now, many worry a similar fate is awaiting AI. And one man, legendary financial analyst Porter Stansberry, who called Nvidia at $11…
AI to Meet the Same Fate as EVs?
When these tech bubbles burst, they invariably leave investors disillusioned by their losses. Now, many worry a similar fate is awaiting AI. And one man, legendary financial analyst Porter Stansberry, who called Nvidia at $11…
Why Is Direct Digital (DRCT) Stock Down 45% Today?
Earnings Preview For Direct Digital Holdings
Direct Digital (DRCT) to Release Quarterly Earnings on Thursday
The Top 7 Stocks to Buy in March 2024
See More Headlines
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Company Calendar

Last Earnings
3/26/2024
Today
3/28/2024
Next Earnings (Estimated)
5/09/2024
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
$15.83
High Stock Price Target
$23.00
Low Stock Price Target
$5.50
Potential Upside/Downside
+4.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$4.17 million
Pretax Margin
3.37%

Debt

Sales & Book Value

Annual Sales
$157.11 million
Cash Flow
$0.22 per share
Book Value
$0.32 per share

Miscellaneous

Free Float
2,741,000
Market Cap
$216.48 million
Optionable
Not Optionable
Beta
8.14
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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

Should I buy or sell Direct Digital stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Direct Digital in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research 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?

4 Wall Street research analysts have issued 1-year price targets for Direct Digital's shares. Their DRCT share price targets range from $5.50 to $23.00. On average, they anticipate the company's stock price to reach $15.83 in the next twelve months. This suggests a possible upside of 4.4% 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 shares have increased by 1.9% and is now trading at $15.16.
View the best growth stocks for 2024 here
.

When is Direct Digital's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our DRCT earnings forecast
.

How were Direct Digital's earnings last quarter?

Direct Digital Holdings, Inc. (NASDAQ:DRCT) issued its earnings results on Tuesday, March, 26th. The company reported ($0.08) earnings per share (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 analysts' expectations of $66.02 million. Direct Digital had a net margin of 1.26% and a trailing twelve-month return on equity of 48.38%. During the same quarter in the previous year, the business posted $0.01 EPS.

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 (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 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 shareholders include Vanguard Group Inc. (0.96%), Vanguard Group Inc. (0.96%), Intrinsic Edge Capital Management LLC (0.54%), Raymond James & Associates (0.19%), Denali Advisors LLC (0.17%) and Tower Research Capital LLC TRC (0.02%).
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 3/28/2024 by MarketBeat.com Staff

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