Currently, there are 40.04M common shares owned by the public and among those 40.02M shares have been available to trade.
The company’s stock has a 5-day price change of -1.14% and -22.88% over the past three months. PUBM shares are trading -23.14% year to date (YTD), with the 12-month market performance down to -51.08% lower. It has a 12-month low price of $7.46 and touched a high of $24.50 over the same period. PUBM has an average intraday trading volume of 665.24K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 4.56%, 14.87%, and -17.12% respectively.
Institutional ownership of PubMatic Inc (NASDAQ: PUBM) shares accounts for 54.42% of the company’s 40.04M shares outstanding.
It has a market capitalization of $547.94M and a beta (3y monthly) value of 1.53. The stock’s trailing 12-month PE ratio is 133.14, while the earnings-per-share (ttm) stands at $0.08. The company has a PEG of 11.54 and a Quick Ratio of 1.44 with the debt-to-equity ratio at 0.16. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.05% over the week and 2.45% over the month.
Analysts forecast that PubMatic Inc (PUBM) will achieve an EPS of 0.01 for the current quarter, 0.06 for the next quarter and 0.68 for current fiscal year. The lowest estimate earnings-per-share for the quarter is -0.03 while analysts give the company a high EPS estimate of -0.03. Comparatively, EPS for the current quarter was 0.17 a year ago. Earnings per share for the fiscal year are expected to decrease by -194.41%, and 107.94% over the next financial year. EPS should shrink at an annualized rate of 11.54% over the next five years, compared to 90.42% over the past 5-year period.
Looking at the support for the PUBM, a number of firms have released research notes about the stock. Scotiabank stated their Sector Perform rating for the stock in a research note on December 05, 2024, with the firm’s price target at $17. Evercore ISI coverage for the PubMatic Inc (PUBM) stock in a research note released on November 13, 2024 offered a Outperform rating with a price target of $22. Raymond James was of a view on August 09, 2024 that the stock is Mkt Perform, while Wolfe Research gave the stock Outperform rating on July 16, 2024, issuing a price target of $25. B. Riley Securities on their part issued Buy rating on April 19, 2024.
