Press coverage about Criteo (NASDAQ:CRTO) has trended positive recently, Accern Sentiment reports. The research firm rates the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Criteo earned a news impact score of 0.27 on Accern’s scale. Accern also assigned news articles about the information services provider an impact score of 45.9025529750892 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the media stories that may have effected Accern Sentiment Analysis’s scoring:
A number of equities analysts have recently commented on the company. ValuEngine downgraded Criteo from a “hold” rating to a “sell” rating in a research report on Monday, April 2nd. Citigroup reaffirmed a “hold” rating and issued a $35.00 price target on shares of Criteo in a report on Friday, March 9th. Zacks Investment Research raised Criteo from a “strong sell” rating to a “hold” rating in a report on Wednesday, February 21st. Morgan Stanley reaffirmed an “equal weight” rating and issued a $35.00 price target (up from $31.00) on shares of Criteo in a report on Wednesday, February 21st. Finally, Cowen reaffirmed a “hold” rating and issued a $29.00 price target on shares of Criteo in a report on Thursday, February 15th. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and seven have given a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $42.88.
Shares of CRTO stock traded up $0.06 during trading hours on Friday, hitting $26.70. The stock had a trading volume of 473,972 shares, compared to its average volume of 697,701. The company has a market capitalization of $1,762.01, a P/E ratio of 16.38, a PEG ratio of 0.87 and a beta of 1.89. Criteo has a twelve month low of $21.00 and a twelve month high of $56.00.
Criteo (NASDAQ:CRTO) last posted its quarterly earnings data on Wednesday, February 14th. The information services provider reported $1.21 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.74 by $0.47. The business had revenue of $277.00 million during the quarter, compared to the consensus estimate of $262.02 million. Criteo had a return on equity of 15.34% and a net margin of 3.97%. The company’s revenue was up 23.1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.84 earnings per share. equities research analysts expect that Criteo will post 1.53 EPS for the current fiscal year.
In other news, insider Jean-Baptiste Rudelle sold 1,261 shares of the company’s stock in a transaction that occurred 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 accessible through the SEC website. Also, CEO Eric Eichmann sold 7,153 shares of the company’s stock in a transaction that occurred 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 corporate insiders.
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Criteo Company Profile
Criteo SA, a technology company, engages in digital performance marketing in France and internationally. The company's Criteo Shopper Graph, which collects clients' proprietary commerce data, such as transaction activity on their digital properties. Its Criteo Engine solutions include recommendation algorithms that create tailored advertisements to specific customer interest by determining the specific products and services to include in the advertisement; predictive bidding algorithms that predict the probability and nature of a user's engagement with a given advertisement; and bidding engine for executing campaigns based on objectives set by the clients.
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