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Trade Desk (TTD)
NASDAQ:TTD
Trade Desk (TTD) Stock Price & Analysis
9,049 Followers
TTD Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$60.23 - $94.00
Previous Close$87.53
Volume3.27M
Average Volume (3M)4.30M
Market Cap
$42.14B
Enterprise Value$41.65B
Total Cash (Recent Filing)$1.38B
Total Debt (Recent Filing)$235.89M
Price to Earnings (P/E)217.4
Beta1.74
Next Earnings
Aug 08, 2024EPS Estimate
$0.35Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.40
Shares Outstanding489,127,033
10 Day Avg. Volume4,453,098
30 Day Avg. Volume4,295,518
Standard Deviation0.18
R-Squared0.19
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)19.71
Price to Sales (P/S)64.33
Price to Cash Flow (P/CF)117.10
P/FCF Ratio141.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue21.40
Enterprise Value/Gross Profit26.35
Enterprise Value/Ebitda141.52
Forecast
1Y Price Target
$101.71Price Target Upside18.02% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering19
Trade Desk News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceThe Trade Desk is anticipated to deliver strong quarterly results, reflecting an upswing in the advertising landscape.
Innovation And StrategyThe Trade Desk is well-equipped for the evolving digital advertising space, ready to capitalize on shifts in TV advertising towards streaming and connected TVs.
Market OpportunityThe Trade Desk is strategically positioned to tap into the burgeoning global online ad market, with significant growth expected over the next years.
Bears Say
Financial PerformanceThe company's fourth-quarter revenue and EBITDA outlook fell short of expectations, signaling potential underlying financial weaknesses.
Market CompetitionIncreased competition from major players like Amazon entering the ad-supported CTV market could put pressure on the company's advertising revenue.
Stock ValuationThe reduction in the company's price target reflects a more conservative stance from analysts, possibly due to a slower recovery in advertising activity.
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Ownership Overview
1.48% Insiders
27.42% Mutual Funds
36.11% Other Institutional Investors
34.99% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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TTD FAQ
What was Trade Desk’s price range in the past 12 months?
Trade Desk lowest stock price was $60.23 and its highest was $94.00 in the past 12 months.
What is Trade Desk’s market cap?
Currently, no data Available
When is Trade Desk’s upcoming earnings report date?
Trade Desk’s upcoming earnings report date is Aug 08, 2024 which is in 85 days.
How were Trade Desk’s earnings last quarter?
Trade Desk released its earnings results on May 08, 2024. The company reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.218 by $0.042.
Is Trade Desk overvalued?
According to Wall Street analysts Trade Desk’s price is currently Undervalued.
Does Trade Desk pay dividends?
Trade Desk does not currently pay dividends.
What is Trade Desk’s EPS estimate?
Trade Desk’s EPS estimate is $0.35.
How many shares outstanding does Trade Desk have?
Trade Desk has 445,017,940 shares outstanding.
What happened to Trade Desk’s price movement after its last earnings report?
Trade Desk reported an EPS of $0.26 in its last earnings report, beating expectations of $0.218. Following the earnings report the stock price went up 3.081%.
Which hedge fund is a major shareholder of Trade Desk?
Among the largest hedge funds holding Trade Desk’s share is ARK Investment Management LLC. It holds Trade Desk’s shares valued at 155M.
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Trade Desk Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$101.71 (18.02% Upside)
$101.71 (18.02% Upside)
Blogger Sentiment
Bullish
TTD Sentiment 92%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 1.8M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $8.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▲ 0.3%
Last 30 Days ▼ 0.5%
Last 30 Days ▼ 0.5%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
40.49%
12-Months-Change
Fundamentals
Return on Equity
9.80%
Trailing 12-Months
Asset Growth
16.61%
Trailing 12-Months
Company Description
Trade Desk
California-based The Trade Desk, Inc. is a technology company which provides a technology platform for advertising buyers in the United States, Europe and Asia. Through its cloud-based platform, ad buyers can create, manage, and optimize more expressive data-driven digital advertising campaigns across ad formats, including display, video, audio, native and social, on a multitude of devices, including computers, mobile devices, and connected TV.
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TTD Company Deck
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TTD Earnings Call
Q1 2024
0:00 / 0:00
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TTD Stock 12 Month Forecast
Average Price Target
$101.71
▲(18.02% Upside)
Technical Analysis
Best Analysts Covering TTD
1 Year
1 Year Success Rate
11/11 ratings generated profit
1 Year Average Return
+19.95%
reiterated a buy rating 6 days ago
Copying Ygal Arounian's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +19.95% per trade.
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