Criteo (NASDAQ:CRTO) Releases Quarterly Earnings Results, Beats Estimates By $0.04 EPS

Criteo (NASDAQ:CRTO - Get Free Report) posted its quarterly earnings data on Wednesday. The information services provider reported $1.41 EPS for the quarter, beating analysts' consensus estimates of $1.37 by $0.04, Zacks reports. Criteo had a net margin of 5.08% and a return on equity of 16.37%. Criteo updated its Q1 2025 guidance to EPS.

Criteo Stock Down 0.8 %

Shares of CRTO traded down $0.39 during mid-day trading on Friday, reaching $45.50. 969,447 shares of the stock traded hands, compared to its average volume of 473,409. The firm has a market cap of $2.51 billion, a price-to-earnings ratio of 27.08 and a beta of 1.05. The stock has a fifty day simple moving average of $40.24 and a 200 day simple moving average of $41.60. Criteo has a 12-month low of $30.76 and a 12-month high of $49.93.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. BMO Capital Markets upped their price target on shares of Criteo from $48.00 to $60.00 and gave the stock an "outperform" rating in a research report on Thursday. Stifel Nicolaus restated a "buy" rating and set a $61.00 price objective (up from $59.00) on shares of Criteo in a report on Thursday. Wells Fargo & Company lifted their target price on Criteo from $63.00 to $68.00 and gave the company an "overweight" rating in a report on Thursday. Morgan Stanley upped their price target on Criteo from $42.00 to $44.00 and gave the stock an "equal weight" rating in a research note on Thursday. Finally, DA Davidson lifted their price objective on Criteo from $53.00 to $57.00 and gave the company a "buy" rating in a research note on Wednesday. Four analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Criteo presently has an average rating of "Moderate Buy" and an average price target of $52.90.

Insider Activity at Criteo

In other Criteo news, CFO Sarah Js Glickman sold 1,520 shares of the company's stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $40.36, for a total value of $61,347.20. Following the completion of the transaction, the chief financial officer now directly owns 311,878 shares of the company's stock, valued at $12,587,396.08. This represents a 0.49 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Ryan Damon sold 2,885 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 $116,438.60. Following the sale, the insider now directly owns 118,334 shares in the company, valued at approximately $4,775,960.24. The trade was a 2.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 21,541 shares of company stock valued at $860,406. Corporate insiders own 1.71% of the company's stock.

Criteo Company Profile

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.