What are the trade desk's stock's price targets for next year?
19 brokers have issued 1-year price targets for The Trade Desk's stock. Their forecasts range from $40.00 to $101.00. On average, they anticipate The Trade Desk's stock price to reach $75.29 in the next twelve months. This suggests a possible upside of 16.7% from the stock's current price.
Is trade desk efficiently growing its dividend?
Trade Desk does not have a long track record of dividend growth. In the past three months, Trade Desk insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $31,831,928.00 in company stock. 10.72% of the stock of Trade Desk is held by insiders.
When did the trade desk stock split?
The Trade Desk shares split on Thursday, June 17th 2021. The 10-1 split was announced on Monday, May 10th 2021. The newly issued shares were issued to shareholders after the market closes on Wednesday, June 16th 2021. An investor that had 100 shares of The Trade Desk stock prior to the split would have 1,000 shares after the split.
How much of Trade Desk's stock is owned by institutions?
59.26% of the stock of Trade Desk is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Earnings for Trade Desk are expected to decrease by -39.39% in the coming year, from $0.33 to $0.20 per share.
When did TTD go public?
September 21, 2016The Trade Desk went public on September 21, 2016, with an initial stock price of $18.00; its IPO closing market price gained to $30.10 per share.
What is the target price for TTD stock?
Stock Price Target TTDHigh$110.00Median$73.50Low$29.00Average$72.67Current Price$41.21
What was TTD price before split?
The split, executed on June 17, brought the share price of The Trade Desk down to about $60 from just over $600 previously.
Is TTD stock a buy now?
Is TTD Stock A Buy, Sell, Or Hold? Wall Street is bullish. The stock has 13 strong buy ratings; two buy ratings, three holds, and one strong sell, according to Seeking Alpha.
Is it good to buy a stock after a split?
Based on the numbers, stock splits are not a reason to buy. Stocks that split underperformed in the short term, and do not significantly beat the market in the longer term. In the two weeks immediately following a split, the stocks averaged a loss of 0.43% with only 43% of the returns beating the SPX.
Did Shopify stock split?
Canadian tech giant Shopify Inc (TSX: SHOP) joined the split camp on June 29th when it divided its shares on a 10-to-1 basis. This was executed after a difficult first half of the year for tech as the pandemic boom wanes and investors turn soft on e-commerce stocks.
When TTD stock split?
The split for TTD took place on June 17, 2021. This was a 10 for 1 split, meaning for each share of TTD owned pre-split, the shareholder now owned 10 shares. For example, a 1000 share position pre-split, became a 10000 share position following the split.
Is TTD stock overvalued?
The Trade Desk - Hold Valuation metrics show that The Trade Desk may be overvalued. Its Value Score of F indicates it would be a bad pick for value investors. The financial health and growth prospects of TTD, demonstrate its potential to underperform the market. It currently has a Growth Score of B.
Is the trade desk profitable?
Unlike many growth stocks, Trade Desk is highly profitable. In 2021, it finished with an adjusted net income of $455.6 million on $1.2 billion, or nearly a 40% profit margin. However, the stock is still priced at a premium, trading at a forward price-to-earnings ratio around 50 even after the recent sell-off.
Shares of the ad-tech stock pulled back on monetary policy concerns
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What happened
Shares of The Trade Desk ( NASDAQ:TTD), a leader in advertising technology, were pulling back last month as the company was one of several high-priced growth stocks to fall on concerns over tightening monetary policy. The Trade Desk's losses came even as the broad market continued to move higher.
So what
The Trade Desk operates a leading demand-side advertising platform, meaning its technology allows brands and ad agencies to run data-driven ad campaigns using the company's proprietary cloud software.
Now what
The Trade Desk's pullback in December came after a surge in November. The ad-tech stock tacked on 38% after it crushed estimates in its third-quarter earnings report, showing the growth story is still alive and well.
When did TTD stock reach $600?
However, that rally was a case of “too much, too fast,” and a sharp retracement followed. A series of lower highs and lower lows brought TTD stock to around $600 on June 14.
Where is TTD stock located?
TTD stock is still trading at a lofty valuation, so pick your price and wait patiently. Headquartered in Ventura, California, Trade Desk (NASDAQ: TTD) provides a self-service platform to manage advertising campaigns.
Is The Trade Desk Stock a Buy Now?
The Trade Desk (NASDAQ: TTD) posted its fourth-quarter earnings report on Feb. 16. Its adjusted net income increased 13% to $208.1 million, or $0.42 per share, which also topped expectations by $0.14. The Trade Desk operates the world's largest independent demand-side platform (DSP) for digital ads.
The Trade Desk (TTD) Q4 Earnings and Revenues Top Estimates
The Trade Desk's (TTD) fourth-quarter results reflect gains from solid customer retention and a growing partner ecosystem.
4 Top Stock Trades for Thursday: SHOP, TTD, UPST, RBLX
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The Trade Desk (TTD) Tops Q4 Earnings and Revenue Estimates
The Trade Desk (TTD) delivered earnings and revenue surprises of 44.83% and 1.51%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
The Trade Desk stock heads higher after upbeat earnings, outlook
Shares of The Trade Desk were up more than 3% in premarket trading Wednesday after the advertising-technology company exceeded expectations with its latest financial results and delivered an upbeat outlook.
What's in the Offing for The Trade Desk's (TTD) Q4 Earnings?
The Trade Desk's (TTD) fourth-quarter results are likely to benefit from strength in connected-TV ad spending, programmatic ad buying and a growing partner ecosystem.
How much does Trade Desk make?
The Trade Desk has a market capitalization of $35.26 billion and generates $836.03 million in revenue each year. The technology company earns $242.32 million in net income (profit) each year or $0.46 on an earnings per share basis.
When will the 10-1 split happen?
The 10-1 split was announced on Monday, May 10th 2021. The newly issued shares were distributed to shareholders after the closing bell on Thursday, June 17th 2021. An investor that had 100 shares of The Trade Desk stock prior to the split would have 1,000 shares after the split.
