Criteo (NASDAQ:CRTO) is scheduled to issue its quarterly earnings data before the market opens on Wednesday, February 14th. Analysts expect the company to announce earnings of $0.93 per share for the quarter.
Criteo (NASDAQ CRTO) opened at $22.92 on Tuesday. Criteo has a twelve month low of $21.00 and a twelve month high of $56.00. The stock has a market capitalization of $1,510.00, a price-to-earnings ratio of 19.76, a P/E/G ratio of 1.09 and a beta of 2.25.
CRTO has been the topic of a number of recent research reports. BMO Capital Markets reiterated a “buy” rating and issued a $70.00 target price on shares of Criteo in a report on Wednesday, October 18th. Deutsche Bank cut their target price on Criteo to $58.00 and set a “buy” rating on the stock in a report on Tuesday, October 31st. Berenberg Bank reiterated a “buy” rating and issued a $63.00 target price on shares of Criteo in a report on Friday, November 10th. Citigroup dropped their price objective on Criteo from $61.00 to $51.00 and set a “buy” rating on the stock in a research note on Thursday, November 2nd. Finally, SunTrust Banks set a $35.00 price objective on Criteo and gave the company a “buy” rating in a research note on Thursday, December 14th. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and six have assigned a buy rating to the stock. Criteo currently has a consensus rating of “Hold” and a consensus price target of $43.19.
In other news, insider Jean-Baptiste Rudelle sold 1,261 shares of Criteo stock in a transaction on Tuesday, January 30th. The stock was sold at an average price of $24.78, for a total transaction of $31,247.58. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Eric Eichmann sold 7,153 shares of Criteo stock in a transaction on Monday, January 29th. The stock was sold at an average price of $24.87, for a total value of $177,895.11. The disclosure for this sale can be found here. 5.60% of the stock is currently owned by company insiders.
An institutional investor recently raised its position in Criteo stock. State Street Corp lifted its holdings in shares of Criteo SA (NASDAQ:CRTO) by 3.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 26,727 shares of the information services provider’s stock after purchasing an additional 820 shares during the period. State Street Corp’s holdings in Criteo were worth $1,311,000 at the end of the most recent reporting period. Institutional investors own 80.06% of the company’s stock.
COPYRIGHT VIOLATION WARNING: “Criteo (CRTO) Scheduled to Post Quarterly Earnings on Wednesday” was originally reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are reading this piece on another website, it was stolen and republished in violation of US & international trademark & copyright laws. The correct version of this piece can be accessed at https://www.dispatchtribunal.com/2018/02/13/criteo-crto-scheduled-to-post-quarterly-earnings-on-wednesday.html.
Criteo Company Profile
Criteo SA is a France-based company specializing in digital performance marketing. Its solution consists of the Criteo Engine, the Company’s data assets, access to inventory, and its advertiser and publisher platforms. The Criteo Engine consists of various machine learning algorithms, such as prediction, recommendation, bidding and creative algorithms and the global hardware and software infrastructure.
Receive News & Ratings for Criteo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Criteo and related companies with MarketBeat.com's FREE daily email newsletter.