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Trade Desk (TTD)
NASDAQ:TTD
Trade Desk (TTD) Stock Price & Analysis
9,190 Followers
TTD Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$60.23 - $98.18
Previous Close$92.65
Volume4.47M
Average Volume (3M)3.53M
Market Cap
$45.32B
Enterprise Value$44.17B
Total Cash (Recent Filing)$1.38B
Total Debt (Recent Filing)$235.89M
Price to Earnings (P/E)230.1
Beta1.96
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. Volume3,325,662
30 Day Avg. Volume3,534,232
Standard Deviation0.18
R-Squared0.18
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)20.94
Price to Sales (P/S)67.75
Price to Cash Flow (P/CF)124.30
P/FCF Ratio150.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue22.70
Enterprise Value/Gross Profit27.95
Enterprise Value/Ebitda148.71
Forecast
1Y Price Target
$106.21Price Target Upside8.98% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering17
Trade Desk News
Bulls Say, Bears Say
Bulls Say
Market PositionThe Trade Desk's leadership in decisioned programmatic CTV makes it a clear partner choice for Netflix, reinforcing the company's strong market position.
PartnershipsNetflix announced that it will open its programmatic advertising inventory to The Trade Desk, which is expected to significantly increase Trade Desk's billings.
Revenue GrowthThe partnership with Netflix could add approximately $500 million to The Trade Desk's gross billings in 2025, representing a substantial growth opportunity.
Bears Say
Financial PerformanceThe company's take rate contracted, likely due to volume-achievement discounts associated with increased spending.
RegulatoryIncreasing regulatory scrutiny could pose challenges for industry players.
ValuationUsing ~7x EV/sales on the 2025 bear-case revenue estimate, the downside risk is $44, indicating a potential risk in the valuation of TTD's stock.
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Ownership Overview
1.48% Insiders
26.77% Mutual Funds
42.74% Other Institutional Investors
29.02% 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 $98.18 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 55 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 445,208,130 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 180M.
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Trade Desk Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$106.21 (8.98% Upside)
$106.21 (8.98% Upside)
Blogger Sentiment
Bullish
TTD Sentiment 96%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 53.8K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $8.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 0.3%
Last 30 Days ▲ 1.7%
Last 30 Days ▲ 1.7%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
23.61%
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
$106.21
▲(8.98% Upside)
Technical Analysis
Best Analysts Covering TTD
1 Year
1 Year Success Rate
13/13 ratings generated profit
1 Year Average Return
+30.54%
reiterated a buy rating 29 days ago
Copying Mark Kelley'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 +30.54% per trade.
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