News stories about Criteo (NASDAQ:CRTO) have been trending positive on Saturday, Accern reports. The research group identifies negative and positive media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Criteo earned a media sentiment score of 0.27 on Accern’s scale. Accern also gave media coverage about the information services provider an impact score of 45.9025529750892 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the news articles that may have impacted Accern’s scoring:
Several research firms have recently weighed in on CRTO. Citigroup reissued a “hold” rating and set a $35.00 target price on shares of Criteo in a research report on Friday, March 9th. Zacks Investment Research raised Criteo from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 21st. Morgan Stanley reissued an “equal weight” rating and set a $35.00 target price (up previously from $31.00) on shares of Criteo in a research report on Wednesday, February 21st. Cowen reissued a “hold” rating and set a $29.00 target price on shares of Criteo in a research report on Thursday, February 15th. Finally, JPMorgan Chase & Co. boosted their target price on Criteo from $32.00 to $38.00 and gave the company an “overweight” rating in a research report on Thursday, February 15th. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating and seven have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $43.35.
Criteo (NASDAQ CRTO) opened at $30.02 on Friday. Criteo has a 1-year low of $21.00 and a 1-year high of $56.00. The stock has a market capitalization of $2,006.85, a price-to-earnings ratio of 22.40, a P/E/G ratio of 1.00 and a beta of 1.82.
Criteo (NASDAQ:CRTO) last posted its quarterly earnings data on Wednesday, February 14th. The information services provider reported $1.21 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.74 by $0.47. Criteo had a return on equity of 15.34% and a net margin of 3.97%. The company had revenue of $277.00 million during the quarter, compared to analysts’ expectations of $262.02 million. During the same quarter in the previous year, the business earned $0.84 EPS. Criteo’s revenue was up 23.1% compared to the same quarter last year. analysts forecast that Criteo will post 1.53 earnings per share for the current year.
In related news, insider Jean-Baptiste Rudelle sold 1,261 shares of the business’s 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 Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Eric Eichmann sold 7,153 shares of the business’s stock in a transaction on Monday, January 29th. The shares were 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 owned by insiders.
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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.
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