Trade Desk (TTD) Given Daily Coverage Optimism Rating of 0.18

News stories about Trade Desk (NASDAQ:TTD) have trended somewhat positive recently, Accern Sentiment reports. The research group rates the sentiment of news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Trade Desk earned a coverage optimism score of 0.18 on Accern’s scale. Accern also gave news articles about the technology company an impact score of 45.2834586409518 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

These are some of the news articles that may have impacted Accern Sentiment Analysis’s scoring:

Trade Desk (TTD) opened at $47.87 on Tuesday. Trade Desk has a 52-week low of $27.33 and a 52-week high of $67.30. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 0.13. The company has a market capitalization of $1,970.00 and a P/E ratio of 46.93.

Trade Desk (NASDAQ:TTD) last issued its quarterly earnings results on Thursday, November 9th. The technology company reported $0.35 EPS for the quarter, beating the consensus estimate of $0.20 by $0.15. The firm had revenue of $79.40 million during the quarter, compared to analysts’ expectations of $76.84 million. Trade Desk had a return on equity of 24.34% and a net margin of 15.93%. The business’s quarterly revenue was up 49.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.24 earnings per share. equities analysts predict that Trade Desk will post 1.28 EPS for the current fiscal year.

TTD has been the subject of several recent research reports. Royal Bank of Canada upped their price objective on Trade Desk from $65.00 to $67.00 and gave the stock an “outperform” rating in a research report on Friday, November 10th. Jefferies Group reissued a “buy” rating and set a $63.00 price target on shares of Trade Desk in a research report on Friday, November 10th. Macquarie initiated coverage on Trade Desk in a research report on Thursday, October 12th. They set an “outperform” rating and a $78.00 price target for the company. Wells Fargo & Co initiated coverage on Trade Desk in a research report on Wednesday, December 20th. They set an “outperform” rating and a $60.00 price target for the company. Finally, Vetr cut Trade Desk from a “strong-buy” rating to a “buy” rating and set a $71.92 price target for the company. in a research report on Tuesday, October 31st. One research analyst has rated the stock with a sell rating, one has given a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $66.48.

In other Trade Desk news, insider Brian John Stempeck sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, October 16th. The stock was sold at an average price of $64.18, for a total value of $641,800.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, COO Robert David Perdue sold 12,500 shares of the company’s stock in a transaction that occurred on Wednesday, November 1st. The shares were sold at an average price of $64.87, for a total value of $810,875.00. Following the completion of the sale, the chief operating officer now owns 82,409 shares in the company, valued at approximately $5,345,871.83. The disclosure for this sale can be found here. Insiders sold 90,616 shares of company stock worth $4,964,670 in the last 90 days. Corporate insiders own 26.87% of the company’s stock.

ILLEGAL ACTIVITY WARNING: This article was reported by Community Financial News and is the property of of Community Financial News. If you are reading this article on another domain, it was copied illegally and republished in violation of United States and international trademark and copyright law. The correct version of this article can be read at https://www.com-unik.info/2018/01/09/trade-desk-ttd-given-daily-coverage-optimism-rating-of-0-18.html.

Trade Desk Company Profile

The Trade Desk, Inc is a technology company. The Company provides a self-service platform that enables clients to purchase and manage digital advertising campaigns across various advertising formats, including display, video and social, and on a range of devices, including computers, mobile devices and connected television.

Insider Buying and Selling by Quarter for Trade Desk (NASDAQ:TTD)

What are top analysts saying about Trade Desk? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Trade Desk and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit