Digimarc Corp (NASDAQ: DMRC) has reported E.P.S. of $-0.53 for its third fiscal quarter (ending September 30) versus $-0.76 for the same period a year ago. This result fell short of the consensus estimate of $-0.37 by $-0.16. For the latest four quarters through September 30, E.P.S. were $-2.38 compared to $-3.01 a year ago.
Recent Price Action
Digimarc Corp (NASDAQ: DMRC) stock closed at $27.91 on 11/6/23 after a decline of -1.2%. The stock has risen 6.2% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
DMRC’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to continue to be Value Creation neutral.
Digimarc has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Digimarc has a very low Appreciation Score of 3 but a very high Power Rating of 93, triggering the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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