Digimarc Corporation

Company Profile

Digimarc Corporation had its IPO on 1999-12-02 under the ticker symbol DMRC.

The company operates in the Technology sector and Information Technology Services industry. Digimarc Corporation has a staff strength of 277 employees.

Stock update

Shares of Digimarc Corporation opened at $18.13 at the start of the last trading session i.e. 2023-03-19.

The stocks traded within a range of $17.26 - $18.32, and closed at $17.54.

This is a -4.78% slip from the previous day's closing price.

A total volume of 128,200 shares were traded at the close of the day’s session.

In the last one week, shares of Digimarc Corporation have slipped by -16.4%.

Digimarc Corporation's Key Ratios

Digimarc Corporation has a market cap of $355.54 million, indicating a price to book ratio of 4.2685 and a price to sales ratio of 13.7039.

In the last 12-months Digimarc Corporation’s revenue was $30.20 million with a gross profit of $19.76 million and an EBITDA of $-45281000. The EBITDA ratio measures Digimarc Corporation's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Digimarc Corporation’s operating margin was -192.85% while its return on assets stood at -40.75% with a return of equity of -78.18%.

In Q4, Digimarc Corporation’s quarterly earnings growth was a positive 0% while revenue growth was a positive 1.3%.

Digimarc Corporation’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

-0.69

Its diluted EPS in the last 12-months stands at $-2.92 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of -0.69. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Digimarc Corporation’s profitability.

Digimarc Corporation stock is trading at a EV to sales ratio of 12.6201 and a EV to EBITDA ratio of -7.9044. Its price to sales ratio in the trailing 12-months stood at 13.7039.

Digimarc Corporation stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$113.78 million

Total Liabilities

$10.13 million

Operating Cash Flow

$-3169000.00

Capital Expenditure

$381000

Dividend Payout Ratio

0%

Digimarc Corporation ended 2023 with $113.78 million in total assets and $0 in total liabilities. Its intangible assets were valued at $113.78 million while shareholder equity stood at $97.59 million.

Digimarc Corporation ended 2023 with $0 in deferred long-term liabilities, $10.13 million in other current liabilities, 20000.00 in common stock, $-265809000.00 in retained earnings and $8.23 million in goodwill. Its cash balance stood at $33.60 million and cash and short-term investments were $52.54 million. The company’s total short-term debt was $0 while long-term debt stood at $0.

Digimarc Corporation’s total current assets stands at $64.14 million while long-term investments were $0.00 and short-term investments were $18.94 million. Its net receivables were $5.43 million compared to accounts payable of $5.99 million and inventory worth $0.

In 2023, Digimarc Corporation's operating cash flow was $-3169000.00 while its capital expenditure stood at $381000.

Comparatively, Digimarc Corporation paid $0 in dividends in 2023.

Other key metrics

Current Trading Price

$17.54

52-Week High

$28.79

52-Week Low

$12.45

Analyst Target Price

$17

Digimarc Corporation stock is currently trading at $17.54 per share. It touched a 52-week high of $28.79 and a 52-week low of $28.79. Analysts tracking the stock have a 12-month average target price of $17.

Its 50-day moving average was $20.52 and 200-day moving average was $18.03 The short ratio stood at 31.71 indicating a short percent outstanding of 0%.

Around 3091.2% of the company’s stock are held by insiders while 6192.1% are held by institutions.