Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
Direct Digital Holdings Inc (NASDAQ: DRCT) closed the day trading at $1.59 down -28.38% from the previous closing price of $2.22. In other words, the price has decreased by -$28.38 from its previous closing price. On the day, 1.47 million shares were traded. DRCT stock price reached its highest trading level at $2.37 during the session, while it also had its lowest trading level at $1.572.
Ratios:
For a better understanding of DRCT, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.25 and its Current Ratio is at 0.25.
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 Dec 18 ’24 when Leatherberry Antoinette Renee sold 7,038 shares for $0.85 per share. The transaction valued at 5,982 led to the insider holds 55,812 shares of the business.
Locke Mistelle sold 7,048 shares of DRCT for $5,991 on Dec 18 ’24. The Director now owns 30,201 shares after completing the transaction at $0.85 per share. On Dec 18 ’24, another insider, Cohen Richard, who serves as the Director of the company, sold 7,057 shares for $0.85 each. As a result, the insider received 5,998 and left with 55,905 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, DRCT now has a Market Capitalization of 24014088 and an Enterprise Value of 38353324. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.06. Its current Enterprise Value per Revenue stands at 0.265 whereas that against EBITDA is -5.519.
Stock Price History:
Over the past 52 weeks, DRCT has reached a high of $35.88, while it has fallen to a 52-week low of $0.51. The 50-Day Moving Average of the stock is -14.77%, while the 200-Day Moving Average is calculated to be -65.55%.
Shares Statistics:
Over the past 3-months, DRCT traded about 1.77M shares per day on average, while over the past 10 days, DRCT traded about 10441720 shares per day. A total of 3.80M shares are outstanding, with a floating share count of 3.46M. Insiders hold about 13.81% of the company’s shares, while institutions hold 6.75% stake in the company. Shares short for DRCT as of 1730332800 were 120331 with a Short Ratio of 0.13, compared to 1727654400 on 113632. Therefore, it implies a Short% of Shares Outstanding of 120331 and a Short% of Float of 3.73.
Earnings Estimates
At present, 3.0 analysts are actively evaluating the performance of Direct Digital Holdings Inc (DRCT) in the stock market.The consensus estimate for the next quarter is -$0.72, with high estimates of -$0.41 and low estimates of -$1.03.
Analysts are recommending an EPS of between $0.3 and $0.3 for the fiscal current year, implying an average EPS of $0.3. EPS for the following year is $0.44, with 3.0 analysts recommending between $0.44 and $0.44.
Revenue Estimates
3 analysts predict $12.31M in revenue for the current quarter. It ranges from a high estimate of $14.5M to a low estimate of $9.31M. As of the current estimate, Direct Digital Holdings Inc’s year-ago sales were $41.01MFor the next quarter, 3 analysts are estimating revenue of $14.17M. There is a high estimate of $16.25M for the next quarter, whereas the lowest estimate is $12.09M.
A total of 3 analysts have provided revenue estimates for DRCT’s current fiscal year. The highest revenue estimate was $67.7M, while the lowest revenue estimate was $62.51M, resulting in an average revenue estimate of $65.52M. In the same quarter a year ago, actual revenue was $157.11MBased on 3 analysts’ estimates, the company’s revenue will be $89.91M in the next fiscal year. The high estimate is $97M and the low estimate is $83.11M.
