Digimarc (DMRC) Stock Price, News & Analysis

Company Overview

Digimarc Corporation, together with its subsidiaries, provides automatic identification solutions to commercial and government customers in the United States and internationally. The company offers Digimarc Validate protects, a cloud-based record of product authentication information; Digimarc Engage, an interactive communications channel connecting brands and consumers; and Digimarc Recycle. Its solutions are used in various application solutions, such as sorting of consumer-packaged goods in recycling streams. The company offers its solutions through its sales personnel and business partners. Digimarc Corporation was incorporated in 2008 and is based in Beaverton, Oregon.

Key Stats

• Today's Range: $31.48 to $32.12
• 50-Day Range: $26.18 to $33.26
• 52-Week Range: $21.00 to $43.43
• Volume: 15,883 shs
• Average Volume: 122,862 shs
• Market Capitalization: $681.16 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $34.00
• Consensus Rating: Moderate Buy

Digimarc Stock Analysis - MarketRank™

Digimarc scored higher than 13% of companies evaluated by MarketBeat, and ranked 168th out of 178 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Digimarc has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Digimarc has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Digimarc is -16.08, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Digimarc is -16.08, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Digimarc has a P/B Ratio of 9.59. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

14.02% of the float of Digimarc has been sold short.

Short Interest Ratio / Days to Cover

Digimarc has a short interest ratio ("days to cover") of 22.2, which indicates bearish sentiment.

Change versus previous month

Short interest in Digimarc has recently decreased by 1.87%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Digimarc does not currently pay a dividend.

Dividend Growth

Digimarc does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

14.02% of the float of Digimarc has been sold short.

Short Interest Ratio / Days to Cover

Digimarc has a short interest ratio ("days to cover") of 22.2, which indicates bearish sentiment.

Change versus previous month

Short interest in Digimarc has recently decreased by 1.87%, indicating that investor sentiment is improving.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 0.49

News Sentiment

Digimarc has a news sentiment score of 0.49. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.76 average news sentiment score of Industrial Products companies.

News Coverage This Week

MarketBeat has tracked 12 news articles for Digimarc this week, compared to 2 articles on an average week.

Search Interest

2 people have searched for DMRC on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

MarketBeat Follows

5 people have added Digimarc to their MarketBeat watchlist in the last 30 days. This is an increase of 400% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Digimarc insiders have not sold or bought any company stock.

Percentage Held by Insiders

19.30% of the stock of Digimarc is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

66.85% of the stock of Digimarc is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

DMRC Stock Analysis - Frequently Asked Questions

How have DMRC shares performed this year?

Digimarc's stock was trading at $36.12 at the start of the year. Since then, DMRC stock has decreased by 13.2% and is now trading at $31.36.
View the best growth stocks for 2024 here.

How were Digimarc's earnings last quarter?

Digimarc Co. (NASDAQ:DMRC) posted its quarterly earnings data on Tuesday, August, 13th. The information technology services provider reported ($0.23) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.27) by $0.04. The information technology services provider earned $10.38 million during the quarter. Digimarc had a negative trailing twelve-month return on equity of 41.67% and a negative net margin of 104.84%.

Who are Digimarc's major shareholders?

Digimarc's top institutional shareholders include Beaconlight Capital LLC (3.74%), Kimelman & Baird LLC (2.72%), Baillie Gifford & Co. (2.71%) and Silverberg Bernstein Capital Management LLC (2.15%). Insiders that own company stock include Tony Rodriguez, Andrew Walter, Ken Sickles, Kathleen Kool, Alicia Syrett, Milena Alberti-Perez and Riley Mccormack.
View institutional ownership trends.

How do I buy shares of Digimarc?

Shares of DMRC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Digimarc own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Digimarc investors own include Waste Connections (WCN), The RMR Group (RMR), iShares Micro-Cap ETF (IWC), DiamondRock Hospitality (DRH), American Water Works (AWK), AUO (AUOTY) and Triple Flag Precious Metals (TFPM).

Company Calendar

• Last Earnings: 8/13/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Industrial Products
• Industry: Computer integrated systems design
• Sub-Industry: Application Software
• Current Symbol: NASDAQ:DMRC
• CUSIP: 25381B10
• CIK: 1438231
• Web: www.digimarc.com
• Phone: (503) 469-4800
• Fax: 503-469-4777
• Employees: 248
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $34.00
• High Stock Price Target: $40.00
• Low Stock Price Target: $28.00
• Potential Upside/Downside: +8.4%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($1.95)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-45,960,000.00
• Net Margins: -104.84%
• Pretax Margin: -104.43%
• Return on Equity: -41.67%
• Return on Assets: -34.11%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 4.77
• Quick Ratio: 4.77

Sales & Book Value

• Annual Sales: $34.85 million
• Price / Sales: 19.27
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $3.27 per share
• Price / Book: 9.59

Miscellaneous

• Outstanding Shares: 21,420,000
• Free Float: 17,287,000
• Market Cap: $671.73 million
• Optionable: Optionable
• Beta: 1.68