Stock On the Run: The Trade Desk, Inc. (NASDAQ:TTD)

The Trade Desk, Inc. (NASDAQ:TTD)

DA Davidson Initiates Coverage On The Trade Desk, Inc. (NASDAQ:TTD)’s stock to Buy with the price target of $158. This rating was issued on 10/08/18. The stock recently closed its previous session at $117.73 by showing a percentage change of -0.78% from its previous day closing price of $118.65.

Price Target is basically a projection of future price of a company’s stock by the expert analysis of investment analysts or investment firms. There may be various price targets for a stock. These analysts and investment firms use various valuation methods to decide a price target for a stock.

Several investment firms issued their expert ratings on The Trade Desk, Inc. (NASDAQ:TTD) in which Stifel Nicolaus Maintains The Trade Desk, Inc. (NASDAQ:TTD) to Buy by settling a price target of $155 on 10/03/18. RBC Capital Maintains the stock to Outperform on 8/10/18 by stationing a price target of $126. Citigroup Maintains the company’s stock to Buy on 8/10/18 by setting a price target of $132. Nomura Maintains The Trade Desk, Inc. (NASDAQ:TTD) to Neutral with a price target of $101.

The Trade Desk, Inc. (NASDAQ:TTD) currently has a consensus Price Target of $134.88. While some analysts have a High Price target for the stock of $181 and a Low Price Target of $59.

Several sell side analysts reviewed their recommendations on The Trade Desk, Inc. (NASDAQ:TTD) where 4 analyst have rated the stock as Strong Buy, 5 analysts said it’s a Buy, 4 rated the stock as Hold, 1 analysts reported Underperform and 1 analysts gave their recommendations as Sell. (Current Month Yahoo Finance Ratings)

Zacks Investment Research also rated the stock with a value of 1.55. This scale runs from 1 to 5 where 1 represents Strong Buy and 5 represents Sell.

In the last Quarter, The Trade Desk, Inc. (NASDAQ:TTD) reported its Actual EPS of $0.6/share. The analysts offering Earnings Estimates for the company were believing that The Trade Desk, Inc. (NASDAQ:TTD) could bring EPS of $0.44/share. The difference between Actual EPS and Estimated EPS was 0.16 Percent. Thus the company showed an Earnings Surprise of 36.4 Percent.

The Trade Desk, Inc. (NASDAQ:TTD) has a market capitalization of 5.05 Billion. The stock traded with the volume of 1.72 Million shares in the last trading session. The stock touched its high share price of $161.50 on 09/27/18 and the stock also touched its Lowest price in the last 52-weeks of trading on 02/09/18 as $40.70. The company has a 1 Year high price target of $136.12. The stock is currently trading with a distance of 20-Day Simple Moving Average (SMA20) of -16.78%. The Moving Average SMA50 is -10.69% while SMA200 is 43.95%.

The Trade Desk, Inc. (NASDAQ:TTD) is currently showing its ROA (Return on Assets) of 7.3%. The Return on Investment (ROI) is at 21% while it’s Return on Equity (ROE) value stands at 21.6%. The stock currently shows its YTD (Year to Date) performance of 157.45 percent while its Weekly performance value is -13.58%. The Monthly and Yearly performances are -19.27 percent and 81.51 percent respectively. The Relative Volume value measured for The Trade Desk, Inc. (NASDAQ:TTD) is 1.53. The Average Volume (3 months) is 1.13 Million.

The stock currently has its Annual Dividend of $0 and an annual Dividend Yield of 0 Percent. TTD has P/E (Price to Earnings ttm) value of 93.88, Forward P/E of 46.06, P/C (Price to cash per share) of 36.42 and Price to Free Cash Flow (P/FCF) value of 123.74. The stock is showing its Operating Margin of 22 percent.

Company Profile:

The Trade Desk, Inc. is a provider of technology platform for advertising. The company through self-service, cloud-based platform, ad buyers create, manage and optimize data-driven digital advertising campaigns which includes display, video, audio, native and social, on a multitude of devices, such as computers, mobile devices and connected TV. It operates primarily in the United States, Europe and Asia. The Trade Desk, Inc. is headquartered in Ventura, CA.