Criteo S.A. (NASDAQ:CRTO) Receives Consensus Recommendation of “Hold” from Analysts

Criteo S.A. (NASDAQ:CRTO) has earned an average rating of “Hold” from the nine brokerages that are currently covering the company, Marketbeat reports. One analyst has rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the company. The average 12-month target price among analysts that have covered the stock in the last year is $27.9444.

Several research analysts have recently commented on the company. BMO Capital Markets reiterated an “outperform” rating and set a $35.00 price target on shares of Criteo in a report on Thursday, February 12th. Susquehanna set a $18.00 price target on Criteo in a report on Thursday, February 12th. Wells Fargo & Company reiterated an “equal weight” rating and set a $18.00 price target (down from $34.00) on shares of Criteo in a report on Wednesday, May 6th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Criteo in a report on Monday, April 20th. Finally, DA Davidson set a $28.50 price target on Criteo in a report on Thursday, February 12th.

Insider Buying and Selling at Criteo

In other news, CFO Sarah Js Glickman sold 2,465 shares of Criteo stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $17.06, for a total transaction of $42,052.90. Following the transaction, the chief financial officer owned 431,879 shares in the company, valued at $7,367,855.74. The trade was a 0.57% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Der Kooi Frederik Van purchased 5,000 shares of Criteo stock in a transaction dated Friday, March 13th. The shares were bought at an average price of $17.81 per share, for a total transaction of $89,050.00. Following the acquisition, the director owned 26,600 shares in the company, valued at approximately $473,746. This trade represents a 23.15% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 1.52% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of CRTO. Jones Financial Companies Lllp lifted its position in Criteo by 1,376.7% in the first quarter. Jones Financial Companies Lllp now owns 1,270 shares of the information services provider’s stock valued at $45,000 after buying an additional 1,184 shares during the last quarter. Invesco Ltd. lifted its position in Criteo by 7.2% in the second quarter. Invesco Ltd. now owns 16,313 shares of the information services provider’s stock valued at $391,000 after buying an additional 1,094 shares during the last quarter. Qube Research & Technologies Ltd lifted its position in Criteo by 145.0% in the second quarter. Qube Research & Technologies Ltd now owns 432,881 shares of the information services provider’s stock valued at $10,372,000 after buying an additional 256,227 shares during the last quarter. The Manufacturers Life Insurance Company lifted its position in Criteo by 41.6% in the second quarter. The Manufacturers Life Insurance Company now owns 8,587 shares of the information services provider’s stock valued at $206,000 after buying an additional 2,524 shares during the last quarter. Finally, Alliancebernstein L.P. lifted its position in Criteo by 1.9% in the second quarter. Alliancebernstein L.P. now owns 4,411,988 shares of the information services provider’s stock valued at $105,711,000 after buying an additional 82,134 shares during the last quarter. Institutional investors and hedge funds own 94.27% of the company’s stock.

Criteo Stock Performance

Shares of CRTO stock opened at $18.71 on Wednesday. The stock’s fifty day moving average is $17.95 and its two-hundred day moving average is $18.95. The firm has a market capitalization of $932.88 million, a P/E ratio of 8.74 and a beta of 0.32. Criteo has a fifty-two week low of $15.57 and a fifty-two week high of $27.32.

Criteo (NASDAQ:CRTO) last announced its quarterly earnings data on Tuesday, March 31st. The information services provider reported $0.73 earnings per share for the quarter. Criteo had a return on equity of 14.98% and a net margin of 6.06%.The company had revenue of $424.64 million for the quarter. On average, equities analysts forecast that Criteo will post 3.12 earnings per share for the current year.

Criteo Company Profile

Criteo is a global technology company specializing in digital performance advertising and commerce media solutions. The company provides a range of AI-driven ad products designed to help brands, retailers, and agencies deliver personalized promotional messages to consumers across web, mobile, and connected TV environments. By leveraging large-scale data analytics and machine learning algorithms, Criteo’s platform optimizes the timing, placement, and creative of ads to drive engagement and conversions.

At the core of Criteo’s offering is its dynamic retargeting solution, which enables advertisers to automatically generate and display personalized product recommendations based on user behavior.