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NASDAQ:TTGT

TechTarget (TTGT) Stock Price, News & Analysis

TechTarget logo
$19.55 -0.79 (-3.88%)
(As of 12/20/2024 05:40 PM ET)

About TechTarget Stock (NASDAQ:TTGT)

Key Stats

Today's Range
$19.53
$20.86
50-Day Range
$19.55
$33.19
52-Week Range
$19.53
$33.08
Volume
706,177 shs
Average Volume
373,491 shs
Market Capitalization
$571.54 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$38.17
Consensus Rating
Moderate Buy

Company Overview

TechTarget, Inc., together with its subsidiaries, provides marketing and sales services that deliver business impact for business-to-business technology companies in North America and internationally. The company's service enables technology vendors to identify, reach, and influence corporate information technology (IT) decision-makers actively researching specific IT purchases; and customized marketing programs that integrate demand generation, brand advertising techniques, and content curation and creation. It offers business to business services, such as IT Deal Alert, a suite of data, software, and services comprising Priority Engine and Qualified Sales Opportunities to identify and prioritize accounts and individuals actively researching new technology purchases or upgrades; demand solutions provides marketing programs, including white papers, webcasts, podcasts, videocasts, virtual trade shows, and content sponsorships; brand solutions which includes on-network banner advertising and digital sponsorships, off-network banner targeting, and microsites and related formats; custom content creation that delivers market insights and guidance to technology companies and off-the-shelf editorial sponsorship products on topics aligned to customer markets; and BrightTALK platform which allows customers to create, host and promote webinars, virtual events, and video content. In addition, the company operates websites, webinars, and virtual event channels that focus on a specific IT sector, such as storage, security, or networking; and enables registered members to conduct their pre-purchase research by accessing vendor supplied content through its virtual event and webinar channels, and website networks. TechTarget, Inc. was incorporated in 1999 and is headquartered in Newton, Massachusetts.

TechTarget Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
81st Percentile Overall Score

TTGT MarketRank™: 

TechTarget scored higher than 81% of companies evaluated by MarketBeat, and ranked 68th out of 330 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    TechTarget has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    TechTarget has only been the subject of 3 research reports in the past 90 days.

  • Read more about TechTarget's stock forecast and price target.
  • Earnings Growth

    Earnings for TechTarget are expected to grow by 12.73% in the coming year, from $0.55 to $0.62 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of TechTarget is -46.55, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of TechTarget is -46.55, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Growth Ratio

    TechTarget has a PEG Ratio of 12.04. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    TechTarget has a P/B Ratio of 2.49. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    3.63% of the outstanding shares of TechTarget have been sold short.
  • Short Interest Ratio / Days to Cover

    TechTarget has a short interest ratio ("days to cover") of 6.5.
  • Change versus previous month

    Short interest in TechTarget has recently increased by 34.38%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    TechTarget does not currently pay a dividend.

  • Dividend Growth

    TechTarget does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    3.63% of the outstanding shares of TechTarget have been sold short.
  • Short Interest Ratio / Days to Cover

    TechTarget has a short interest ratio ("days to cover") of 6.5.
  • Change versus previous month

    Short interest in TechTarget has recently increased by 34.38%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    TechTarget has a news sentiment score of 0.02. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.60 average news sentiment score of Business Services companies.
  • News Coverage This Week

    MarketBeat has tracked 6 news articles for TechTarget this week, compared to 3 articles on an average week.
  • Search Interest

    2 people have searched for TTGT on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.
  • MarketBeat Follows

    4 people have added TechTarget to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, TechTarget insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    10.74% of the stock of TechTarget is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    93.52% of the stock of TechTarget is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about TechTarget's insider trading history.
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TTGT Stock Analysis - Frequently Asked Questions

TechTarget's stock was trading at $34.86 on January 1st, 2024. Since then, TTGT shares have decreased by 43.9% and is now trading at $19.55.
View the best growth stocks for 2024 here
.

TechTarget, Inc. (NASDAQ:TTGT) issued its earnings results on Tuesday, November, 12th. The information services provider reported $0.42 EPS for the quarter, topping the consensus estimate of $0.37 by $0.05. TechTarget's revenue for the quarter was up 2.4% compared to the same quarter last year.

TechTarget subsidiaries include Data Science Central.

TechTarget's top institutional investors include FMR LLC (8.40%), Geode Capital Management LLC (2.09%), Rockefeller Capital Management L.P. (1.75%) and Eagle Asset Management Inc. (1.32%). Insiders that own company stock include Michael Cotoia, Rebecca Kitchens, Steven Niemiec, Robert D Burke and Don Hawk.
View institutional ownership trends
.

Shares of TTGT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that TechTarget investors own include Advanced Micro Devices (AMD), Tesla (TSLA), NVIDIA (NVDA), Meta Platforms (META), Netflix (NFLX), Visa (V) and JPMorgan Chase & Co. (JPM).

Company Calendar

Last Earnings
11/12/2024
Today
12/21/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Telegraph & other communications
Sub-Industry
Internet Software & Services
Current Symbol
NASDAQ:TTGT
CUSIP
87874R10
Employees
1,000
Year Founded
1999

Price Target and Rating

Average Stock Price Target
$38.17
High Stock Price Target
$45.00
Low Stock Price Target
$33.00
Potential Upside/Downside
+95.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
6 Analysts

Profitability

Net Income
$4.46 million
Pretax Margin
-2.61%

Debt

Sales & Book Value

Annual Sales
$226.31 million
Cash Flow
$1.19 per share
Book Value
$7.85 per share

Miscellaneous

Free Float
26,095,000
Market Cap
$571.54 million
Optionable
Optionable
Beta
1.04

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This page (NASDAQ:TTGT) was last updated on 12/21/2024 by MarketBeat.com Staff
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