Telaria (NYSE:TLRA) Downgraded to “Sell” at ValuEngine

ValuEngine cut shares of Telaria (NYSE:TLRA) from a hold rating to a sell rating in a report released on Wednesday, ValuEngine reports.

Several other equities analysts have also recently issued reports on the company. Zacks Investment Research cut Telaria from a hold rating to a sell rating in a research report on Friday, October 4th. Stephens initiated coverage on Telaria in a research report on Tuesday, November 5th. They issued an overweight rating and a $11.00 price objective on the stock. Two equities research analysts have rated the stock with a sell rating and five have given a buy rating to the stock. Telaria has an average rating of Hold and a consensus price target of $8.46.

TLRA stock traded up $0.50 during midday trading on Wednesday, hitting $7.28. The company’s stock had a trading volume of 1,153,616 shares, compared to its average volume of 827,350. The company has a market cap of $312.29 million, a PE ratio of -40.44 and a beta of 1.63. Telaria has a 12 month low of $2.56 and a 12 month high of $10.66. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.48. The firm’s 50-day moving average is $7.37 and its 200-day moving average is $7.90.

Telaria (NYSE:TLRA) last released its quarterly earnings data on Tuesday, November 5th. The software maker reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by ($0.01). The business had revenue of $16.60 million during the quarter, compared to the consensus estimate of $16.56 million. Telaria had a negative net margin of 10.56% and a negative return on equity of 13.20%. The business’s revenue was up 23.0% compared to the same quarter last year. During the same period last year, the company posted ($0.03) earnings per share. Analysts expect that Telaria will post -0.11 earnings per share for the current year.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in TLRA. Metropolitan Life Insurance Co NY bought a new position in shares of Telaria during the 1st quarter valued at $93,000. Whittier Trust Co. bought a new position in shares of Telaria during the 2nd quarter valued at $345,000. Meeder Asset Management Inc. lifted its holdings in shares of Telaria by 1,814.7% during the 2nd quarter. Meeder Asset Management Inc. now owns 4,442 shares of the software maker’s stock valued at $34,000 after buying an additional 4,210 shares during the period. Stone Ridge Asset Management LLC bought a new position in shares of Telaria during the 2nd quarter valued at $127,000. Finally, GSA Capital Partners LLP bought a new position in shares of Telaria during the 2nd quarter valued at $669,000. 60.04% of the stock is currently owned by hedge funds and other institutional investors.

About Telaria

Telaria, Inc provides a software platform for publishers to manage and monetize video advertising in the United States. The company offers publishers with real-time analytics, data, and decisioning tools to control their video advertising business, as well as a monetization solution to optimize yield across a publisher's supply of digital video inventory.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Telaria (NYSE:TLRA)

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