Equities research analysts predict that Criteo SA (NASDAQ:CRTO) will post earnings per share of $0.46 for the current fiscal quarter, Zacks Investment Research reports. Eight analysts have provided estimates for Criteo’s earnings, with estimates ranging from $0.42 to $0.54. Criteo also posted earnings of $0.46 per share in the same quarter last year. The firm is expected to report its next quarterly earnings report on Wednesday, May 2nd.
On average, analysts expect that Criteo will report full year earnings of $2.29 per share for the current financial year, with EPS estimates ranging from $2.11 to $2.60. For the next year, analysts anticipate that the business will post earnings of $2.64 per share, with EPS estimates ranging from $1.98 to $3.05. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side analysts that cover Criteo.
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, topping the Zacks’ consensus estimate of $0.74 by $0.47. The firm had revenue of $277.00 million during the quarter, compared to analysts’ expectations of $262.02 million. Criteo had a return on equity of 15.34% and a net margin of 3.97%. The business’s quarterly revenue was up 23.1% on a year-over-year basis. During the same quarter last year, the firm earned $0.84 EPS.
A number of equities analysts recently issued reports on the company. BidaskClub upgraded Criteo from a “sell” rating to a “hold” rating in a research note on Friday, April 13th. Stifel Nicolaus restated a “hold” rating and issued a $28.00 target price (up previously from $26.00) on shares of Criteo in a research note on Thursday, February 15th. JPMorgan Chase raised their target price on Criteo from $32.00 to $38.00 and gave the stock an “overweight” rating in a research note on Thursday, February 15th. Zacks Investment Research upgraded Criteo from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 21st. Finally, Citigroup restated a “hold” rating and issued a $35.00 target price on shares of Criteo in a research note on Friday, March 9th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and seven have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $42.88.
In related news, CEO Eric Eichmann sold 7,153 shares of Criteo stock in a transaction dated Monday, January 29th. The stock was sold at an average price of $24.87, for a total value of $177,895.11. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Jean-Baptiste Rudelle sold 1,261 shares of Criteo stock in a transaction dated Tuesday, January 30th. The shares were sold at an average price of $24.78, for a total value of $31,247.58. The disclosure for this sale can be found here. Company insiders own 5.60% of the company’s stock.
Institutional investors have recently made changes to their positions in the stock. Global Thematic Partners LLC increased its stake in shares of Criteo by 42.5% in the 4th quarter. Global Thematic Partners LLC now owns 688,788 shares of the information services provider’s stock valued at $17,928,000 after purchasing an additional 205,419 shares in the last quarter. Janus Henderson Group PLC increased its stake in shares of Criteo by 23.9% in the 3rd quarter. Janus Henderson Group PLC now owns 1,358,335 shares of the information services provider’s stock valued at $56,364,000 after purchasing an additional 261,940 shares in the last quarter. Rice Hall James & Associates LLC increased its stake in shares of Criteo by 17.7% in the 4th quarter. Rice Hall James & Associates LLC now owns 938,770 shares of the information services provider’s stock valued at $24,436,000 after purchasing an additional 141,241 shares in the last quarter. Aurora Investment Counsel purchased a new position in shares of Criteo in the 4th quarter valued at about $1,881,000. Finally, Deutsche Bank AG increased its stake in shares of Criteo by 100.8% in the 4th quarter. Deutsche Bank AG now owns 1,421,163 shares of the information services provider’s stock valued at $36,992,000 after purchasing an additional 713,257 shares in the last quarter. Hedge funds and other institutional investors own 72.77% of the company’s stock.
Shares of CRTO stock opened at $27.93 on Monday. The firm has a market capitalization of $1,843.85, a P/E ratio of 15.70, a PEG ratio of 0.92 and a beta of 1.89. Criteo has a 1 year low of $21.00 and a 1 year high of $56.00.
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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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