CRTO has been the topic of a number of other research reports. Morgan Stanley reissued a hold rating on shares of Criteo SA in a research report on Friday, September 16th. JPMorgan Chase & Co. reaffirmed a buy rating and issued a $51.00 price target on shares of Criteo SA in a research report on Tuesday, September 27th. Jefferies Group reaffirmed a buy rating and issued a $63.00 price target on shares of Criteo SA in a research report on Tuesday, September 6th. Susquehanna cut shares of Criteo SA from a positive rating to a neutral rating and dropped their price target for the company from $48.00 to $37.00 in a research report on Tuesday, September 6th. Finally, Zacks Investment Research raised shares of Criteo SA from a hold rating to a buy rating and set a $47.00 price target on the stock in a research report on Friday, August 5th. Five research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. The company has an average rating of Buy and a consensus price target of $48.50.
Shares of Criteo SA (NASDAQ:CRTO) traded down 3.17% during midday trading on Tuesday, hitting $35.47. The stock had a trading volume of 687,303 shares. Criteo SA has a 52 week low of $24.23 and a 52 week high of $47.81. The stock’s 50-day moving average price is $36.53 and its 200 day moving average price is $41.16. The company has a market cap of $2.18 billion, a price-to-earnings ratio of 31.98 and a beta of 2.82.
Criteo SA (NASDAQ:CRTO) last released its quarterly earnings data on Wednesday, August 3rd. The company reported $0.33 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.28 by $0.05. The company had revenue of $166 million for the quarter, compared to analysts’ expectations of $161.27 million. Criteo SA had a net margin of 4.72% and a return on equity of 15.20%. The business’s revenue was up 35.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.15 EPS. On average, equities analysts forecast that Criteo SA will post $1.79 earnings per share for the current year.
In other news, CFO Benoit Fouilland sold 876 shares of the firm’s stock in a transaction that occurred on Monday, July 18th. The shares were sold at an average price of $43.80, for a total transaction of $38,368.80. Following the completion of the sale, the chief financial officer now owns 103,899 shares in the company, valued at approximately $4,550,776.20. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Eric Eichmann sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 11th. The stock was sold at an average price of $40.24, for a total transaction of $402,400.00. Following the sale, the chief executive officer now owns 20,920 shares of the company’s stock, valued at approximately $841,820.80. The disclosure for this sale can be found here. Insiders own 8.70% of the company’s stock.
Several large investors have recently modified their holdings of CRTO. Westend Capital Management LLC bought a new stake in shares of Criteo SA during the first quarter valued at about $111,000. Livingston Group Asset Management CO operating as Southport Capital Management bought a new stake in shares of Criteo SA during the second quarter valued at about $179,000. Independent Portfolio Consultants Inc. raised its stake in shares of Criteo SA by 9.1% in the second quarter. Independent Portfolio Consultants Inc. now owns 4,475 shares of the company’s stock valued at $205,000 after buying an additional 375 shares during the last quarter. Albert D Mason Inc. bought a new stake in shares of Criteo SA during the second quarter valued at about $210,000. Finally, BNP Paribas Arbitrage SA raised its stake in shares of Criteo SA by 121.0% in the third quarter. BNP Paribas Arbitrage SA now owns 7,221 shares of the company’s stock valued at $254,000 after buying an additional 3,954 shares during the last quarter. Institutional investors own 69.29% of the company’s stock.
About Criteo SA
Criteo SA is a global technology company specializing in digital performance marketing. The Company’s solution consists of the Criteo Engine, the Company’s data assets, access to inventory, and its advertiser and publisher platforms. The Criteo Engine consists of various machine learning algorithms, such as prediction, recommendation, bidding and creative algorithms and the global hardware and software infrastructure.
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