Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
After finishing at $13.86 in the prior trading day, Viant Technology Inc (NASDAQ: DSP) closed at $13.48, down -2.74%. In other words, the price has decreased by -$2.74 from its previous closing price. On the day, 0.14 million shares were traded. DSP stock price reached its highest trading level at $13.93 during the session, while it also had its lowest trading level at $13.46.
Ratios:
Our goal is to gain a better understanding of DSP by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.85 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.38. For the most recent quarter (mrq), Quick Ratio is recorded 2.71 and its Current Ratio is at 2.71. In the meantime, Its Debt-to-Equity ratio is 0.69 whereas as Long-Term Debt/Eq ratio is at 0.56.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Scotiabank on December 05, 2024, initiated with a Sector Outperform rating and assigned the stock a target price of $27.
On November 13, 2024, Canaccord Genuity Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $13 to $18.
Needham reiterated its Buy rating for the stock on March 05, 2024, while the target price for the stock was revised from $10 to $12.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 05 ’25 when MADDEN LARRY sold 14,284 shares for $23.12 per share. The transaction valued at 330,235 led to the insider holds 344,340 shares of the business.
MADDEN LARRY sold 14,284 shares of DSP for $267,995 on Jan 02 ’25. The Chief Financial Officer now owns 358,624 shares after completing the transaction at $18.76 per share. On Dec 06 ’24, another insider, VALDES MAX O, who serves as the Director of the company, sold 7,500 shares for $20.51 each. As a result, the insider received 153,829 and left with 63,452 shares of the company.
Valuation Measures:
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 843397760 and an Enterprise Value of 285788096. As of this moment, Viant’s Price-to-Earnings (P/E) ratio for their current fiscal year is 447.84, and their Forward P/E ratio for the next fiscal year is 51.62. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 16.13. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.75 while its Price-to-Book (P/B) ratio in mrq is 23.35. Its current Enterprise Value per Revenue stands at 0.932 whereas that against EBITDA is 13.641.
Stock Price History:
The Beta on a monthly basis for DSP is 1.16, which has changed by 0.37973392 over the last 52 weeks, in comparison to a change of 0.09362543 over the same period for the S&P500. Over the past 52 weeks, DSP has reached a high of $26.33, while it has fallen to a 52-week low of $8.70. The 50-Day Moving Average of the stock is -0.20%, while the 200-Day Moving Average is calculated to be -10.90%.
Shares Statistics:
The stock has traded on average 422.90K shares per day over the past 3-months and 214650 shares per day over the last 10 days, according to various share statistics. A total of 16.42M shares are outstanding, with a floating share count of 14.80M. Insiders hold about 76.35% of the company’s shares, while institutions hold 15.73% stake in the company. Shares short for DSP as of 1745971200 were 1198520 with a Short Ratio of 2.83, compared to 1743379200 on 1186043. Therefore, it implies a Short% of Shares Outstanding of 1198520 and a Short% of Float of 7.71.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
