PubMatic (PUBM) Stock Price, News & Analysis

Company Overview

PubMatic, Inc., a technology company, engages in the provision of a cloud infrastructure platform that enables real-time programmatic advertising transactions for digital content creators, advertisers, agencies, agency trading desks, and demand side platforms worldwide. Its PubMatic SSP, a sell-side platform, used for the purchase and sale of digital advertising inventory for publishers and buyers. The company also provides solutions, including OpenWrap, a header bidding solution; Openwrap OTT, a prebid-powered unified bidding solution; Openwrap SDK, an enterprise-grade management tools and analytics; Connect, a solution that provides additional data and insights to publishers and buyers; Activate, which allows buyers to execute direct deals on its platform across publisher inventory; Convert, a commerce media solution; and Identity Hub, an ID management tool for publishers that leverages specialized technology?infrastructure?to simplify the complex alternative identifier marketplace. Its platform supports an array of ad formats and digital device types, including mobile app, mobile web, desktop, display, video, over-the-top (OTT), connected television, and media. The company was incorporated in 2006 and is based in Redwood City, California.

Key Stats

• Today's Range: $15.13 to $15.81
• 50-Day Range: $14.35 to $16.94
• 52-Week Range: $13.18 to $25.36
• Volume: 522,221 shs
• Average Volume: 456,996 shs
• Market Capitalization: $737.52 million
• P/E Ratio: 49.81
• Dividend Yield: N/A
• Price Target: $21.13
• Consensus Rating: Moderate Buy

PubMatic Stock Analysis - MarketRank™

PubMatic scored higher than 66% of companies evaluated by MarketBeat, and ranked 296th out of 653 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

PubMatic has received a consensus rating of Moderate Buy. The company's average rating score is 2.56, and is based on 5 buy ratings, 4 hold ratings, and no sell ratings.

Amount of Analyst Coverage

PubMatic has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: -50.00%

Earnings Growth

Earnings for PubMatic are expected to decrease by -50.00% in the coming year, from $0.22 to $0.11 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of PubMatic is 49.81, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.29.

Price to Earnings Ratio vs. Sector

The P/E ratio of PubMatic is 49.81, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 238.11.

Price to Book Value per Share Ratio

PubMatic has a P/B Ratio of 2.62. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.32% of the outstanding shares of PubMatic have been sold short.

Short Interest Ratio / Days to Cover

PubMatic has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in PubMatic has recently decreased by 13.95%, indicating that investor sentiment is improving significantly.

Dividend

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

Dividend Yield

PubMatic does not currently pay a dividend.

Dividend Growth

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

Sustainability and ESG

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

Percentage of Shares Shorted

2.32% of the outstanding shares of PubMatic have been sold short.

Short Interest Ratio / Days to Cover

PubMatic has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in PubMatic has recently decreased by 13.95%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.3 / 5
• News Sentiment: 0.41

News Sentiment

PubMatic has a news sentiment score of 0.41. 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 0.64 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for PubMatic this week, compared to 6 articles on an average week.

Search Interest

Only 7 people have searched for PUBM on MarketBeat in the last 30 days. This is a decrease of -22% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, PubMatic insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,751,886.00 in company stock.

Percentage Held by Insiders

Only 2.90% of the stock of PubMatic is held by insiders.

Percentage Held by Institutions

64.26% of the stock of PubMatic is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

PUBM Stock Analysis - Frequently Asked Questions

How have PUBM shares performed this year?

PubMatic's stock was trading at $16.31 on January 1st, 2024. Since then, PUBM stock has decreased by 5.3% and is now trading at $15.44.
View the best growth stocks for 2024 here.

How were PubMatic's earnings last quarter?

PubMatic, Inc. (NASDAQ:PUBM) posted its quarterly earnings data on Thursday, August, 8th. The company reported $0.04 earnings per share for the quarter, topping analysts' consensus estimates of ($0.02) by $0.06. PubMatic's quarterly revenue was up 6.2% on a year-over-year basis.

When did PubMatic IPO?

PubMatic (PUBM) raised $100 million in an initial public offering on Wednesday, December 9th 2020. The company issued 5,900,000 shares at $16.00-$18.00 per share. Jefferies and RBC Capital Markets served as the underwriters for the IPO and JMP Securities, Keybanc Capital Markets, Oppenheimer & Co. and Raymond James Securities were co-managers.

Who are PubMatic's major shareholders?

PubMatic's top institutional investors include State Street Corp (1.94%), Geode Capital Management LLC (1.94%), Wellington Management Group LLP (1.52%) and Jacobs Levy Equity Management Inc. (1.36%). Insiders that own company stock include Mukul Kumar, Andrew Woods, Steven Pantelick, Jeffrey K Hirsch, Amar K Goel, Paulina Klimenko, Thomas C Chow, Lisa Gimbel, Der Zweep Michael Van, Cnh Capital Co Ltd and Rajeev K Goel.
View institutional ownership trends.

How do I buy shares of PubMatic?

Shares of PUBM 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 PubMatic own?

Based on aggregate information from My MarketBeat watchlists, some other companies that PubMatic investors own include Block (SQ), Digital Turbine (APPS), CrowdStrike (CRWD), SoFi Technologies (SOFI), Okta (OKTA) and Archer Aviation (ACHR).

Company Calendar

• Last Earnings: 8/08/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Computer programming, data processing, & other computer related
• Sub-Industry: Computer Software
• Current Symbol: NASDAQ:PUBM
• CUSIP: N/A
• CIK: 1422930
• Web: pubmatic.com
• Phone: 650-331-3485
• Fax: N/A
• Employees: 880
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $21.13
• High Stock Price Target: $25.00
• Low Stock Price Target: $16.00
• Potential Upside/Downside: +36.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.56
• Research Coverage: 9 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.31
• Trailing P/E Ratio: 49.81
• Forward P/E Ratio: 70.18
• P/E Growth: N/A
• Net Income: $8.88 million
• Net Margins: 5.96%
• Pretax Margin: 7.71%
• Return on Equity: 6.12%
• Return on Assets: 2.58%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.35
• Quick Ratio: 1.35

Sales & Book Value

• Annual Sales: $290.35 million
• Price / Sales: 2.54
• Cash Flow: $1.01 per share
• Price / Cash Flow: 15.27
• Book Value: $5.89 per share
• Price / Book: 2.62

Miscellaneous

• Outstanding Shares: 47,767,000
• Free Float: 46,382,000
• Market Cap: $737.52 million
• Optionable: Optionable
• Beta: 1.40