Criteo (NASDAQ:CRTO – Get Free Report) is set to issue its quarterly earnings data before the market opens on Wednesday, October 30th. Analysts expect the company to announce earnings of $0.84 per share for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.
Criteo (NASDAQ:CRTO – Get Free Report) last released its earnings results on Thursday, August 1st. The information services provider reported $1.08 EPS for the quarter, beating the consensus estimate of $0.77 by $0.31. Criteo had a return on equity of 15.64% and a net margin of 4.54%. The firm had revenue of $471.31 million for the quarter, compared to analysts’ expectations of $263.64 million. During the same quarter in the previous year, the business posted $0.12 EPS. The business’s quarterly revenue was up .5% compared to the same quarter last year. On average, analysts expect Criteo to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Criteo Stock Up 0.8 %
NASDAQ CRTO opened at $41.31 on Monday. The firm’s 50 day moving average is $43.20 and its 200-day moving average is $40.66. The company has a market capitalization of $2.34 billion, a PE ratio of 42.59 and a beta of 0.99. Criteo has a 12-month low of $22.10 and a 12-month high of $49.93.
Insider Activity at Criteo
Analysts Set New Price Targets
CRTO has been the topic of several analyst reports. Morgan Stanley boosted their price target on shares of Criteo from $35.00 to $39.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 23rd. Macquarie increased their price target on Criteo from $45.00 to $65.00 and gave the company an “outperform” rating in a research report on Friday, August 2nd. DA Davidson raised Criteo from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $43.00 to $58.00 in a research report on Tuesday, August 6th. BMO Capital Markets increased their price objective on Criteo from $45.00 to $55.00 and gave the company an “outperform” rating in a report on Friday, August 2nd. Finally, StockNews.com downgraded shares of Criteo from a “strong-buy” rating to a “buy” rating in a report on Wednesday, August 21st. Four analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat, Criteo currently has a consensus rating of “Moderate Buy” and an average target price of $50.11.
Get Our Latest Report on Criteo
About Criteo
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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