The closing price of Viant Technology Inc. (NASDAQ: DSP) was $4.45 for the day, down -2.84% from the previous closing price of $4.58. In other words, the price has decreased by -$0.1300 from its previous closing price. On the day, 541923 shares were traded. DSP stock price reached its highest trading level at $4.6450 during the session, while it also had its lowest trading level at $4.1000.
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Our analysis of DSP’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 4.50 and its Current Ratio is at 4.50. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DSP now has a Market Capitalization of 72.01M and an Enterprise Value of -105.86M. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.44 while its Price-to-Book (P/B) ratio in mrq is 4.59. Its current Enterprise Value per Revenue stands at -0.54 whereas that against EBITDA is 3.48.
Stock Price History:
Over the past 52 weeks, DSP has reached a high of $6.55, while it has fallen to a 52-week low of $3.15. The 50-Day Moving Average of the stock is 4.3720, while the 200-Day Moving Average is calculated to be 4.3162.
DSP traded an average of 47.11K shares per day over the past three months and 92.18k shares per day over the past ten days. A total of 62.15M shares are outstanding, with a floating share count of 14.22M. Insiders hold about 4.60% of the company’s shares, while institutions hold 57.10% stake in the company. Shares short for DSP as of May 14, 2023 were 670.82k with a Short Ratio of 0.67M, compared to 691.6k on Apr 13, 2023. Therefore, it implies a Short% of Shares Outstanding of 4.45% and a Short% of Float of 5.26%.
The firm’s stock currently is rated by 5 analysts. On average, analysts expect EPS of -$0.11 for the current quarter, with a high estimate of -$0.1 and a low estimate of -$0.14, while EPS last year was -$0.24. The consensus estimate for the next quarter is -$0.12, with high estimates of -$0.09 and low estimates of -$0.14.
Analysts are recommending an EPS of between -$0.36 and -$0.53 for the fiscal current year, implying an average EPS of -$0.48. EPS for the following year is -$0.32, with 5 analysts recommending between -$0.24 and -$0.37.
It is expected that $90B in revenue will be generated in the current quarter, according to 7 analysts. It ranges from a high estimate of $53.8M to a low estimate of $52.16M. As of the current estimate, Viant Technology Inc.’s year-ago sales were $51.2M, an estimated increase of 3.90% from the year-ago figure. For the next quarter, 7 analysts are estimating revenue of $53.59M, an increase of 9.70% over than the figure of $3.90% in the same quarter last year. There is a high estimate of $55.2M for the next quarter, whereas the lowest estimate is $52.2M.
A total of 7 analysts have provided revenue estimates for DSP’s current fiscal year. The highest revenue estimate was $215.2M, while the lowest revenue estimate was $206.8M, resulting in an average revenue estimate of $211.13M. In the same quarter a year ago, actual revenue was $197.17M, up 7.10% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $242.3M in the next fiscal year. The high estimate is $268.5M and the low estimate is $229.5M. The average revenue growth estimate for next year is up 14.80% from the average revenue estimate for this year.