Viant Technology Inc. (NASDAQ:DSP) Receives $16.29 Consensus Target Price from Analysts
Shares of Viant Technology Inc. (NASDAQ:DSP – Get Score) have been specified an regular suggestion of “Buy” by the 7 analysts that are presently masking the firm, Marketbeat reports. 7 investigation analysts have rated the stock with a obtain score. The average twelve-month cost goal amongst brokerages that have coated the inventory in the final calendar year is $16.29.
A variety of brokerages have issued studies on DSP. JMP Securities lowered their price goal on Viant Technological innovation from $13.00 to $11.00 and established a “market outperform” ranking on the inventory in a exploration report on Thursday, June 30th. Canaccord Genuity Team lowered their concentrate on price on Viant Technologies from $14.00 to $10.00 and set a “buy” score on the inventory in a investigate report on Wednesday, May 4th. Finally, UBS Team upgraded Viant Technology from a “neutral” rating to a “buy” ranking and set a $8.00 focus on selling price on the inventory in a research report on Monday, May 16th.
Quite a few large traders have lately bought and offered shares of DSP. Fuller & Thaler Asset Administration Inc. obtained a new stake in shares of Viant Technologies in the fourth quarter valued at approximately $1,737,000. Allspring World Investments Holdings LLC obtained a new stake in shares of Viant Technological know-how in the fourth quarter valued at roughly $1,162,000. Renaissance Systems LLC enhanced its holdings in shares of Viant Technologies by 110.3% in the initial quarter. Renaissance Systems LLC now owns 222,692 shares of the company’s stock valued at $1,459,000 soon after paying for an more 116,792 shares in the course of the previous quarter. Los Angeles Cash Management LLC acquired a new stake in shares of Viant Technology in the to start with quarter valued at approximately $376,000. Lastly, JPMorgan Chase & Co. amplified its holdings in shares of Viant Engineering by 72.8% in the very first quarter. JPMorgan Chase & Co. now owns 122,417 shares of the company’s stock valued at $803,000 after obtaining an extra 51,594 shares all through the last quarter. 14.52% of the stock is owned by hedge cash and other institutional buyers.
Shares of DSP stock opened at $5.03 on Friday. The organization has a industry capitalization of $305.94 million, a P/E ratio of -7.86 and a beta of -.13. The business’s 50 working day moving average is $5.62 and its two-hundred working day transferring regular is $6.84. The business has a current ratio of 4.41, a fast ratio of 4.41 and a personal debt-to-equity ratio of .06. Viant Technological know-how has a 12-month minimal of $4.59 and a 12-month substantial of $23.16.
Viant Technological know-how (NASDAQ:DSP – Get Score) very last issued its quarterly earnings final results on Tuesday, Could 3rd. The company documented ($.23) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($.22) by ($.01). The business experienced income of $27.54 million for the quarter, compared to analysts’ expectations of $27.30 million. Viant Technological know-how had a unfavorable return on fairness of 14.04% and a negative internet margin of 3.46%. During the similar quarter in the prior yr, the company posted ($.27) EPS. On typical, investigation analysts predict that Viant Technological know-how will article -.22 earnings for every share for the present fiscal calendar year.
About Viant Technological innovation (Get Ranking)
Viant Technological know-how Inc operates as an advertising software business. It presents Adelphic, an organization computer software platform that permits entrepreneurs and their advertising agencies to program, buy, and evaluate advertising across channels, which includes desktop, cellular, connected and linear Television, in-sport, streaming audio, and digital billboards.
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