At the time of writing, PubMatic Inc [PUBM] stock is trading at $9.73, up 2.21%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The PUBM shares have gain 7.04% over the last week, with a monthly amount drifted -35.69%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
PubMatic Inc [NASDAQ: PUBM] stock has seen the most recent analyst activity on December 05, 2024, when Scotiabank initiated its Sector Perform rating and assigned the stock a price target of $17. Previously, Evercore ISI reaffirmed its Outperform rating on November 13, 2024, and elevated its price target to $22. On August 09, 2024, downgrade downgraded it’s rating to Mkt Perform. Wolfe Research started tracking the stock assigning a Outperform rating and suggested a price target of $25 on July 16, 2024. Oppenheimer downgraded its rating to Perform for this stock on August 09, 2023. In a note dated August 09, 2023, Macquarie downgraded an Neutral rating on this stock and revised its target price from $23 to $16.
For the past year, the stock price of PubMatic Inc fluctuated between $9.07 and $25.36. Currently, Wall Street analysts expect the stock to reach $18 within the next 12 months. PubMatic Inc [NASDAQ: PUBM] shares were valued at $9.73 at the most recent close of the market. An investor can expect a potential return of 84.99% based on the average PUBM price forecast.
Analyzing the PUBM fundamentals
According to PubMatic Inc [NASDAQ:PUBM], the company’s sales were 291.26M for trailing twelve months, which represents an 1.07% jump. Gross Profit Margin for this corporation currently stands at 0.65% with Operating Profit Margin at 0.01%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.04 and Total Capital is 0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.16.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 9.51 points at the first support level, and at 9.29 for the second support level. However, for the 1st resistance point, the stock is sitting at 9.91, and for the 2nd resistance point, it is at 10.08.
Ratios To Look Out For
It is important to note that PubMatic Inc [NASDAQ:PUBM] has a current ratio of 1.37. Further, the Quick Ratio stands at 1.37, while the Cash Ratio is 0.24. Considering the valuation of this stock, the price to sales ratio is 1.62, the price to book ratio is 1.69 and price to earnings (TTM) ratio is 41.94.
Transactions by insiders
Recent insider trading involved Goel Rajeev K., CHIEF EXECUTIVE OFFICER, that happened on Feb 03 ’25 when 25000.0 shares were sold. CHIEF FINANCIAL OFFICER, Pantelick Steven completed a deal on Mar 03 ’25 to sell 4000.0 shares. Meanwhile, Officer Rajeev Goel bought 25000.0 shares on Mar 03 ’25.
