AcuityAds (AT) Scheduled to Post Quarterly Earnings on Tuesday


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AcuityAds (TSE:AT) is scheduled to be posting its quarterly earnings results before the market opens on Tuesday, May 11th.

AcuityAds (TSE:AT) last announced its quarterly earnings results on Tuesday, March 2nd. The company reported C$0.14 EPS for the quarter, beating the Zacks’ consensus estimate of C$0.08 by C$0.06. The firm had revenue of C$35.06 million during the quarter, compared to the consensus estimate of C$35.20 million.

Shares of AT traded down C$0.68 during trading hours on Tuesday, reaching C$13.33. The stock had a trading volume of 189,519 shares, compared to its average volume of 771,449. AcuityAds has a 12 month low of C$0.91 and a 12 month high of C$33.08. The stock has a market capitalization of C$712.12 million and a PE ratio of 185.14. The company has a debt-to-equity ratio of 53.51, a quick ratio of 1.84 and a current ratio of 1.90. The company’s 50-day moving average is C$15.59 and its two-hundred day moving average is C$15.28.

In other AcuityAds news, Director Tal Hayek sold 200,000 shares of AcuityAds stock in a transaction that occurred on Tuesday, March 9th. The shares were sold at an average price of C$18.69, for a total transaction of C$3,737,500.00. Following the transaction, the director now owns 2,092,407 shares of the company’s stock, valued at approximately C$39,101,855.81. Also, Senior Officer Rachel Kapcan sold 110,900 shares of the firm’s stock in a transaction that occurred on Wednesday, March 10th. The stock was sold at an average price of C$18.08, for a total transaction of C$2,004,961.10. Following the sale, the insider now owns 1,717,613 shares of the company’s stock, valued at approximately C$31,052,725.43. Insiders have sold a total of 500,420 shares of company stock worth $9,278,164 in the last three months.

AT has been the subject of a number of recent research reports. Canaccord Genuity increased their price objective on AcuityAds from C$9.50 to C$21.00 in a report on Wednesday, January 13th. Eight Capital increased their price objective on AcuityAds from C$10.00 to C$20.00 in a report on Tuesday, January 12th. TD Securities decreased their price objective on AcuityAds from C$29.00 to C$22.00 and set an “outperform” rating for the company in a report on Wednesday, April 7th. Desjardins reiterated a “buy” rating on shares of AcuityAds in a report on Friday, March 19th. Finally, Haywood Securities increased their price target on AcuityAds from C$10.00 to C$19.00 in a report on Tuesday, January 12th.

AcuityAds Company Profile

AcuityAds Holdings Inc, a technology company, provides digital media solutions. The company offers a programmatic marketing platform that enables advertisers to connect with their audiences across online display, video, social, and mobile campaigns. Its platform also allows advertisers to manage their purchasing of online display advertising in real-time using programmatic ad buying.

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Earnings History for AcuityAds (TSE:AT)

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