Trade Desk (NASDAQ:TTD – Get Free Report) is set to release its earnings data after the market closes on Wednesday, May 8th. Analysts expect Trade Desk to post earnings of $0.22 per share for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.
Trade Desk (NASDAQ:TTD – Get Free Report) last announced its quarterly earnings results on Thursday, February 15th. The technology company reported $0.19 EPS for the quarter, missing the consensus estimate of $0.24 by ($0.05). The firm had revenue of $605.80 million for the quarter, compared to analysts’ expectations of $582.61 million. Trade Desk had a return on equity of 8.59% and a net margin of 9.19%. On average, analysts expect Trade Desk to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Trade Desk Price Performance
Shares of NASDAQ:TTD opened at $88.59 on Monday. The business’s 50 day simple moving average is $83.69 and its 200-day simple moving average is $75.80. The firm has a market capitalization of $43.32 billion, a price-to-earnings ratio of 246.09, a price-to-earnings-growth ratio of 4.88 and a beta of 1.50. Trade Desk has a 12 month low of $60.23 and a 12 month high of $94.00.
Insider Transactions at Trade Desk
Analyst Upgrades and Downgrades
Several brokerages have recently commented on TTD. Susquehanna boosted their price target on Trade Desk from $75.00 to $110.00 and gave the stock a “positive” rating in a research note on Friday, February 16th. Piper Sandler upped their target price on Trade Desk from $80.00 to $105.00 and gave the company an “overweight” rating in a research note on Friday, February 16th. Truist Financial upped their target price on Trade Desk from $80.00 to $100.00 and gave the company a “buy” rating in a research note on Friday, February 16th. Royal Bank of Canada upped their target price on Trade Desk from $90.00 to $105.00 and gave the company an “outperform” rating in a research note on Friday, February 16th. Finally, Wells Fargo & Company upped their target price on Trade Desk from $73.00 to $80.00 and gave the company an “overweight” rating in a research note on Wednesday, January 17th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and twenty-two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $90.38.
View Our Latest Analysis on TTD
About Trade Desk
The Trade Desk, Inc operates as a technology company in the United States and internationally. The company offers a self-service cloud-based platform that allows buyers to plan, manage, optimize, and measure data-driven digital advertising campaigns across various ad formats and channels, including video, display, audio, digital-out-of-home, native, and social on various devices, such as computers, mobile devices, televisions, and streaming devices.
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