How to Buy Direct Digital Holdings Stock
Direct Digital Holdings Inc
Direct Digital Holdings, Inc. operates as an end-to-end full-service programmatic advertising platform.
Direct Digital Holdings stock last closed at $6.24, down 9.96% from the previous day, and has increased 109.4% in one year. It has overperformed other stocks in the Advertising Agencies industry by 1.04 percentage points. Direct Digital Holdings stock is currently +218.37% from its 52-week low of $1.96, and -82.61% from its 52-week high of $35.88.
As of Apr 24, 2024, there are 14.27M shares of DRCT outstanding. The market cap of DRCT is $89.05M. In the last 24 hours, 239,714 DRCT shares were traded.
How to Buy Direct Digital Holdings Stock
Not sure how to invest in Direct Digital Holdings stock? Here's how.
- Decide where to buy Direct Digital Holdings stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you choose where to buy Direct Digital Holdings stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Fund your brokerage account: Choose your method of payment and add your info.
- Evaluate Direct Digital Holdings stock: The Direct Digital Holdings ticker symbol is DRCT. Is Direct Digital Holdings stock a good investment? Should you buy shares of DRCT? How do DRCT's underlying business fundamentals look? Do top analysts think Direct Digital Holdings is a good buy? Why has DRCT's stock price moved recently? (Hint: Our stock market research website can help you evaluate if DRCT is a good stock to buy).
- Execute your DRCT trade: Decide if you will purchase DRCT shares at the current market price or use a limit order to buy DRCT shares at a specific price.
- Get the latest scoop on your investment in DRCT: Create a watchlist to get the latest news on your new investment in Direct Digital Holdings shares.
Step 1: Decide where to buy Direct Digital Holdings stock
You will need a brokerage account to access the NASDAQ market and buy DRCT shares.
Our preferred brokerage: eToro
Based on our analysis, eToro is the best brokerage. eToro gives you:
- You can invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still invest in the stock.
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- Social investing: eToro boasts a community with more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your purchase of shares by signing up for an account with eToro today.
Open eToro AccountStep 2: Create a brokerage account
Now that you've picked the best brokerage, you need to fill out some personal info so you can buy DRCT stock today.
How to Start a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to open your new trading account.
- Send your data by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have opened your account on a good stock buying app, you can securely and quickly fund your account:
Check out the video below if you need help transferring funds into your brokerage account.
Step 4: Evaluate Direct Digital Holdings stock
After you have decided on the best place to buy Direct Digital Holdings stock, it's crucial to evaluate their stock before you buy, so you truly comprehend the risk as well as the opportunity.
Direct Digital Holdings quick stats
DRCT Fundamentals
WallStreetZen was designed to help part-time investors perform more in-depth fundamental analysis.
You can see all of the due diligence checks on DRCT's stock page.
How is DRCT stock valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge DRCT's intrinsic value.
Using relative valuations ratios:
- DRCT may be undervalued based on its P/E ratio of 19.5x, relative to Advertising Agencies industry P/E ratio of 29.13x
- DRCT could be overvalued based on its P/B ratio of 13.92x, relative to Advertising Agencies industry P/B ratio of 3.4x
- DRCT may be undervalued based on its PEG ratio of 0.16x
You can do additional valuation analysis on DRCT's stock here.
DRCT Financial Health Overview
Pros:
- There are more short-term assets than long-term liabilities on the DRCT balance sheet.
- There are more short-term assets than short-term liabilities on the DRCT balance sheet.
- DRCT profit margin has gone up from 0.9% to 3.1% in the past year.
Cons:
- DRCT earnings of $8.97M is not enough to cover its interest payments.
- DRCT has a relatively high debt to equity ratio of 12.56.
- DRCT's operating cash flow of $3.40M allows it to safely service it's debt of $24.39M.
Is DRCT stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 2 sell side analysts who research DRCT, the consensus analyst rating on DRCT is a Strong Buy
It's important to note that analyst ratings are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are forecasting on the Direct Digital Holdings stock forecast page.
DRCT Trading Indicators
Is DRCT Making Money?
Last year, DRCT earnings were $4.62M. In the last 2 year, DRCT's earnings have gone up by -49.2% per year. This was slower than the Advertising Agencies industry average of -7.07%.
Last year, DRCT revenue was $146.84M. Over the past 2 year, DRCT's revenue has increased by 114.76% per year. This was faster than the Advertising Agencies industry average of 3.21%.
You can research DRCT's earnings and revenue performance here.
Who is buying/selling DRCT?
Over the last year, insiders at DRCT have sold more shares than they have bought.
Diana P. Diaz, Chief Financial Officer of DRCT, was the latest DRCT insider to sell. They sold $44,950.59 worth of DRCT shares on Mar 18, 2024.
Research more about who owns DRCT shares here.
Does DRCT stock generate passive income?
No, Direct Digital Holdings doesn't provide an income stream by paying out dividends.
DRCT Social Trading Data
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Execute your DRCT trade
There are two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are usually the best for newer investors. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a specific dollar amount, use a limit order.
Press the Open button and your broker will execute the order.
If you require additional assistance investing in stocks on eToro, click the helpful video below:
Step 6: Get the latest scoop on your investment in DRCT
Now that you own some shares in DRCT, you'll want to stay up-to-date on your new investment.
Make a watchlist to keep track of your DRCT stock.
DRCT Feed
How to Buy Stock in Direct Digital Holdings
To summarize, here are the 6 steps you need to take to buy Direct Digital Holdings stock right now:
- Decide where to buy Direct Digital Holdings stock
- Create a brokerage account
- Fund your brokerage account
- Evaluate Direct Digital Holdings stock
- Execute your DRCT trade
- Get the latest scoop on your investment in DRCT
If you need a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to keep tabs on your new investment in Direct Digital Holdings, create a watchlist on WallStreetZen today.
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