Criteo (NASDAQ:CRTO - Get Free Report) is expected to release its earnings data before the market opens on Wednesday, February 5th. Analysts expect Criteo to post earnings of $1.37 per share and revenue of $331.32 million for the quarter. Persons interested in listening to the company's earnings conference call can do so using this link.
Criteo Stock Down 0.8 %
CRTO stock traded down $0.29 during trading on Wednesday, hitting $38.27. The company had a trading volume of 467,554 shares, compared to its average volume of 403,436. The firm has a market capitalization of $2.11 billion, a P/E ratio of 26.03 and a beta of 1.06. Criteo has a 52-week low of $25.63 and a 52-week high of $49.93. The company has a 50 day simple moving average of $40.19 and a 200-day simple moving average of $41.59.
Analyst Upgrades and Downgrades
A number of research analysts have commented on CRTO shares. Susquehanna cut their target price on shares of Criteo from $50.00 to $36.00 and set a "neutral" rating on the stock in a research report on Thursday, October 31st. DA Davidson cut their target price on shares of Criteo from $58.00 to $53.00 and set a "buy" rating on the stock in a research report on Thursday, October 31st. Benchmark reissued a "buy" rating and set a $51.00 target price on shares of Criteo in a research report on Tuesday, November 19th. Wells Fargo & Company cut their target price on shares of Criteo from $66.00 to $63.00 and set an "overweight" rating on the stock in a research report on Thursday, January 16th. Finally, StockNews.com downgraded shares of Criteo from a "buy" rating to a "hold" rating in a research report on Friday, January 17th. Five analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $49.89.
Get Our Latest Report on CRTO
Insider Transactions at Criteo
In related news, CFO Sarah Js Glickman sold 1,520 shares of Criteo stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $40.36, for a total value of $61,347.20. Following the sale, the chief financial officer now directly owns 311,878 shares in the company, valued at approximately $12,587,396.08. The trade was a 0.49 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Megan Clarken sold 9,284 shares of Criteo stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $40.36, for a total value of $374,702.24. Following the completion of the sale, the chief executive officer now owns 509,145 shares in the company, valued at approximately $20,549,092.20. The trade was a 1.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 19,617 shares of company stock valued at $787,141 in the last 90 days. Insiders own 1.71% of the company's stock.
About Criteo
(
Get Free Report)
Criteo SA, a technology company, provides marketing and monetization services on the open Internet in North and South America, Europe, the Middle East, Africa, and the Asia-Pacific. The company's Criteo Shopper Graph, which derives clients' proprietary commerce data, such as transaction activity on their digital properties.
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