A better buy-in window may exist right now for PubMatic Inc (PUBM)

With 0.19 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.39 million shares. During the session, the Software – Application company that operates in wider Technology sector, reached to the highest price of $16.04 whereas the lowest price it dropped to was $15.7. The 52-week range on PUBM shows that it touched its highest point at $25.36 and its lowest point at $13.18 during that stretch. It currently has a 1-year price target of $20.75. Beta for the stock currently stands at 1.39.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of PUBM was up-trending over the past week, with a rise of 3.80%, but this was up by 4.08% over a month. Three-month performance surged to 2.39% while six-month performance fell -32.00%. The stock lost -5.77% in the past year, while it has lost -2.94% so far this year. A look at the trailing 12-month EPS for PUBM yields 0.31 with Next year EPS estimates of 0.19. For the next quarter, that number is 0.24. This implies an EPS growth rate of 29.03% for this year and -8.19% for next year.

Float and Shares Shorts:

At present, 41.50 million PUBM shares are outstanding with a float of 39.02 million shares on hand for trading. On 2024-11-15, short shares totaled 1.29 million, which was 270.0 higher than short shares on 1728950400. In addition to Mr. Amar K. Goel as the firm’s Founder, Chief Innovation Officer & Chairman, Mr. Rajeev K. Goel serves as its Co-Founder, CEO & Director.

Institutional Ownership:

Through their ownership of 0.63074 of PUBM’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, PUBM reported revenue of $71786000.0 and operating income of -$1365000.0. The EBITDA in the recently reported quarter was $10018000.0 and diluted EPS was -$0.02.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PUBM since 5 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With PUBM analysts setting a high price target of 24.0 and a low target of 16.0, the average target price over the next 12 months is 20.75. Based on these targets, PUBM could surge 51.61% to reach the target high and rise by 1.07% to reach the target low. Reaching the average price target will result in a growth of 31.08% from current levels.

Analysts have provided yearly estimates in a range of $0.21181 being high and $0.19573 being low. For PUBM, this leads to a yearly average estimate of $0.20645. The surprise factor in the prior quarter was $0.13. Based on analyst estimates, the high estimate for the next quarter is $0.03 and the low estimate is -$0.08. The average estimate for the next quarter is thus -$0.02.