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Trade Desk (DE:TT8)
XETRA:TT8
Trade Desk (TT8) Stock Price & Analysis
8 Followers
TT8 Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€51.30 - €93.37
Previous Close€92.11
Volume413.00
Average Volume (3M)409.00
Market Cap
€44.57B
Enterprise Value€43.47B
Total Cash (Recent Filing)$1.42B
Total Debt (Recent Filing)$237.66M
Price to Earnings (P/E)―
Beta1.36
Next Earnings
Aug 08, 2024EPS Estimate
€0.33Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding489,127,033
10 Day Avg. Volume883
30 Day Avg. Volume409
Standard Deviation0.17
R-Squared0.03
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)22.08
Price to Sales (P/S)82.11
Price to Cash Flow (P/CF)131.10
P/FCF Ratio158.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue21.16
Enterprise Value/Gross Profit27.51
Enterprise Value/Ebitda128.71
Forecast
1Y Price Target
€98.67Price Target Upside7.12% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering18
Trade Desk News
Bulls Say, Bears Say
Bulls Say
Growth DriversConsumers are increasingly cutting the cord and consuming more content via CTV, which is garnering higher ad spend.
Market PositionThe Trade Desk is one of the three leading DSPs, along with Google’s DV360 and Amazon’s DSP, with some notable competitive advantages in the role it plays.
PartnershipNetflix announced that it will open its programmatic advertising inventory to The Trade Desk, which can add up to $500mm of incremental billings for TTD in 2025.
Bears Say
Ad Tech PlatformNFLX's plan to launch its in-house ad tech platform remains a big question, implying they might eventually shutter their 3rd party ad tech partnerships.
Ad Tech Platform LaunchNFLX's plan to launch its in-house ad tech platform in late '25 remains a big question.
Revenue PerformanceTake rate contracted 90 bps year-over-year, likely driven by spend strength and related volume-achievement discounts.
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Options Prices
Currently, No data available
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Ownership Overview
1.47% Insiders
26.99% Mutual Funds
15.73% Other Institutional Investors
55.81% Public Companies and
Individual Investors
TT8 FAQ
What was Trade Desk’s price range in the past 12 months?
Trade Desk lowest stock price was €51.30 and its highest was €93.37 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 33 days.
How were Trade Desk’s earnings last quarter?
Trade Desk released its earnings results on May 08, 2024. The company reported €0.242 earnings per share for the quarter, beating the consensus estimate of €0.203 by €0.039.
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 €0.33.
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 €0.242 in its last earnings report, beating expectations of €0.203. Following the earnings report the stock price went up 1.59%.
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
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
€98.67 (7.12% Upside)
€98.67 (7.12% Upside)
Blogger Sentiment
Bullish
DE:TT8 Sentiment 93%
Sector Average 69%
Sector Average 69%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
28.43%
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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TT8 Company Deck
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TT8 Earnings Call
Q1 2024
0:00 / 0:00
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TT8 Stock 12 Month Forecast
Average Price Target
€98.67
▲(7.12% Upside)
Technical Analysis
Best Analysts Covering TT8
1 Year
1 Year Success Rate
13/13 ratings generated profit
1 Year Average Return
+33.13%
reiterated a buy rating 2 months 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 +33.13% per trade.
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