Digimarc (NASDAQ:DMRC) is scheduled to be announcing its earnings results after the market closes on Wednesday, February 21st. Analysts expect the company to announce earnings of ($0.74) per share for the quarter.
Digimarc (NASDAQ:DMRC) opened at $30.15 on Wednesday. The company has a market capitalization of $351.40, a P/E ratio of -13.40 and a beta of -1.35. Digimarc has a 1-year low of $24.20 and a 1-year high of $41.75.
Several research analysts have recently commented on DMRC shares. Zacks Investment Research raised Digimarc from a “sell” rating to a “hold” rating in a report on Tuesday, January 23rd. BidaskClub cut shares of Digimarc from a “sell” rating to a “strong sell” rating in a research report on Wednesday, January 31st. B. Riley restated a “buy” rating and issued a $44.00 price objective on shares of Digimarc in a research report on Tuesday, November 14th. ValuEngine upgraded shares of Digimarc from a “sell” rating to a “hold” rating in a research report on Tuesday. Finally, Cowen set a $50.00 price objective on shares of Digimarc and gave the stock a “buy” rating in a research report on Tuesday, October 24th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $45.33.
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Digimarc Company Profile
Digimarc Corporation (Digimarc) enables governments and enterprises to give digital identities to media and objects that computers can sense and recognize. The Company’s Digimarc Discover, Digimarc Barcode and Intuitive Computing Platform are designed to optimize the identification of consumer brand impressions, facilitating mobile-centric shopping.
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