Analysts’ Weekly Ratings Updates for Criteo (CRTO)


Several brokerages have updated their recommendations and price targets on shares of Criteo (NASDAQ: CRTO) in the last few weeks:

  • 7/27/2019 – Criteo was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 7/24/2019 – Criteo was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Criteo SA is a global technology company that specializes in performance display advertising. The Company offers clients a range of solutions such as click per cost, online banner displays, user optimization, data security, and search management tools to control campaign costs. It serves companies in the online retail, classifieds, and travel segments. Criteo SA is headquartered in Paris, France. “
  • 7/23/2019 – Criteo was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $20.00 price target on the stock. According to Zacks, “Criteo SA is a global technology company that specializes in performance display advertising. The Company offers clients a range of solutions such as click per cost, online banner displays, user optimization, data security, and search management tools to control campaign costs. It serves companies in the online retail, classifieds, and travel segments. Criteo SA is headquartered in Paris, France. “
  • 7/17/2019 – Criteo was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Criteo SA is a global technology company that specializes in performance display advertising. The Company offers clients a range of solutions such as click per cost, online banner displays, user optimization, data security, and search management tools to control campaign costs. It serves companies in the online retail, classifieds, and travel segments. Criteo SA is headquartered in Paris, France. “
  • 7/16/2019 – Criteo was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $20.00 price target on the stock. According to Zacks, “Criteo SA is a global technology company that specializes in performance display advertising. The Company offers clients a range of solutions such as click per cost, online banner displays, user optimization, data security, and search management tools to control campaign costs. It serves companies in the online retail, classifieds, and travel segments. Criteo SA is headquartered in Paris, France. “
  • 7/2/2019 – Criteo was downgraded by analysts at Zacks Investment Research from a “strong-buy” rating to a “hold” rating. According to Zacks, “Criteo SA is a global technology company that specializes in performance display advertising. The Company offers clients a range of solutions such as click per cost, online banner displays, user optimization, data security, and search management tools to control campaign costs. It serves companies in the online retail, classifieds, and travel segments. Criteo SA is headquartered in Paris, France. “
  • 6/27/2019 – Criteo was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 6/11/2019 – Criteo was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 6/1/2019 – Criteo was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.

Shares of Criteo stock opened at $18.51 on Tuesday. Criteo SA has a twelve month low of $16.46 and a twelve month high of $34.82. The firm has a market capitalization of $1.22 billion, a PE ratio of 11.29, a P/E/G ratio of 2.22 and a beta of 0.92. The firm has a fifty day moving average price of $18.04.

Criteo (NASDAQ:CRTO) last released its quarterly earnings data on Tuesday, April 30th. The information services provider reported $0.34 EPS for the quarter, beating the consensus estimate of $0.21 by $0.13. Criteo had a return on equity of 10.75% and a net margin of 3.83%. The company had revenue of $235.69 million for the quarter, compared to analyst estimates of $234.24 million. During the same period last year, the company posted $0.60 earnings per share. The firm’s revenue was down 2.0% compared to the same quarter last year. Equities research analysts anticipate that Criteo SA will post 1.66 EPS for the current fiscal year.

In other Criteo news, COO Mary Spilman sold 1,567 shares of the firm’s stock in a transaction dated Thursday, June 27th. The stock was sold at an average price of $17.05, for a total value of $26,717.35. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 4.01% of the company’s stock.

A number of large investors have recently added to or reduced their stakes in the business. BlackRock Inc. grew its stake in shares of Criteo by 500.8% during the 4th quarter. BlackRock Inc. now owns 49,137 shares of the information services provider’s stock valued at $1,117,000 after acquiring an additional 40,959 shares during the period. Northern Trust Corp boosted its stake in Criteo by 73.6% in the 4th quarter. Northern Trust Corp now owns 21,403 shares of the information services provider’s stock worth $486,000 after purchasing an additional 9,075 shares during the period. Stifel Financial Corp boosted its stake in Criteo by 12.2% in the 4th quarter. Stifel Financial Corp now owns 17,874 shares of the information services provider’s stock worth $409,000 after purchasing an additional 1,944 shares during the period. Bank of America Corp DE boosted its stake in Criteo by 28.8% in the 4th quarter. Bank of America Corp DE now owns 223,065 shares of the information services provider’s stock worth $5,067,000 after purchasing an additional 49,881 shares during the period. Finally, D. E. Shaw & Co. Inc. boosted its stake in Criteo by 1,163.5% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 122,069 shares of the information services provider’s stock worth $2,773,000 after purchasing an additional 112,408 shares during the period. 83.34% of the stock is currently owned by institutional investors.

Criteo SA, a technology company, provides an advertising platform for the open Internet in France and internationally. The company’s Criteo Shopper Graph, which collects clients’ proprietary commerce data, such as transaction activity on their digital properties. Its Criteo AI Engine solutions include Lookalike finder algorithms; recommendation algorithms; predictive bidding algorithms; bidding engine that executes campaigns based on certain objectives set by its clients; dynamic creative optimization+, which assembles customized creative advertising content by optimizing each individual creative component in the advertisement; software systems and processes, which enable data synchronization, storage, and analysis of distributed computing infrastructure in various geographies; and experimentation platform, an offline/online platform to enhance the capabilities and effectiveness of prediction models.

Recommended Story: Why are percentage gainers important?



Receive News & Ratings for Criteo SA Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Criteo SA and related companies with MarketBeat.com’s FREE daily email newsletter.



Source link

WP Twitter Auto Publish Powered By : XYZScripts.com
Exit mobile version