Trade Desk (TTD) to Release Earnings on Thursday

Trade Desk (NASDAQ:TTD) is scheduled to be posting its quarterly earnings results after the market closes on Thursday, February 22nd. Analysts expect Trade Desk to post earnings of $0.42 per share for the quarter.

Trade Desk (NASDAQ TTD) opened at $47.21 on Thursday. Trade Desk has a 52-week low of $30.50 and a 52-week high of $67.30. The stock has a market capitalization of $1,940.00 and a P/E ratio of 46.28. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.56 and a current ratio of 1.56.

A number of research analysts have recently issued reports on the company. Vetr lowered Trade Desk from a “strong-buy” rating to a “buy” rating and set a $71.92 target price on the stock. in a research report on Tuesday, October 31st. SunTrust Banks reiterated a “hold” rating and set a $55.00 target price on shares of Trade Desk in a research report on Monday, November 6th. Royal Bank of Canada increased their target price on Trade Desk from $65.00 to $67.00 and gave the company an “outperform” rating in a research report on Friday, November 10th. BidaskClub lowered Trade Desk from a “buy” rating to a “hold” rating in a research report on Friday, November 10th. Finally, Jefferies Group reiterated a “buy” rating and set a $63.00 target price on shares of Trade Desk in a research report on Friday, November 10th. One analyst has rated the stock with a sell rating, twelve have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $63.67.

In other Trade Desk news, insider Brian John Stempeck sold 10,000 shares of the firm’s stock in a transaction on Monday, December 18th. The stock was sold at an average price of $49.59, for a total value of $495,900.00. Following the transaction, the insider now owns 44,550 shares in the company, valued at approximately $2,209,234.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Jeffrey Terry Green sold 1,411 shares of the firm’s stock in a transaction on Monday, December 18th. The shares were sold at an average price of $50.25, for a total value of $70,902.75. Following the completion of the transaction, the chief executive officer now owns 130,333 shares in the company, valued at approximately $6,549,233.25. The disclosure for this sale can be found here. Insiders sold a total of 70,924 shares of company stock worth $3,447,883 in the last 90 days. 26.87% of the stock is currently owned by insiders.

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Trade Desk Company Profile

The Trade Desk, Inc is a technology company. The Company provides a self-service platform that enables clients to purchase and manage digital advertising campaigns across various advertising formats, including display, video and social, and on a range of devices, including computers, mobile devices and connected television.

Earnings History for Trade Desk (NASDAQ:TTD)

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