Criteo SA (NASDAQ:CRTO) has earned a consensus recommendation of “Hold” from the eighteen brokerages that are presently covering the stock, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a sell rating, ten have given a hold rating and five have given a buy rating to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $29.68.

Several analysts recently weighed in on the stock. Macquarie assumed coverage on shares of Tullow Oil in a report on Wednesday, May 1st. They issued a “neutral” rating for the company. Zacks Investment Research downgraded shares of EXACT Sciences from a “hold” rating to a “sell” rating in a research note on Tuesday, July 2nd. BidaskClub downgraded shares of Amyris from a “hold” rating to a “sell” rating in a research note on Thursday, June 27th. Rosenblatt Securities restated a “hold” rating and issued a $23.00 price target on shares of Criteo in a research note on Friday, May 3rd. Finally, SunTrust Banks boosted their price target on shares of HubSpot to $205.00 and gave the stock a “buy” rating in a research note on Wednesday, May 8th.

Criteo stock traded down $0.05 during trading on Friday, hitting $17.92. The company had a trading volume of 143,200 shares, compared to its average volume of 570,028. Criteo has a 1-year low of $16.46 and a 1-year high of $36.66. The company has a 50 day simple moving average of $18.40. The stock has a market cap of $1.19 billion, a PE ratio of 10.93, a price-to-earnings-growth ratio of 2.16 and a beta of 0.91.

Criteo (NASDAQ:CRTO) last posted its earnings results on Tuesday, April 30th. The information services provider reported $0.34 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.21 by $0.13. Criteo had a net margin of 3.83% and a return on equity of 10.75%. The firm had revenue of $235.69 million during the quarter, compared to the consensus estimate of $234.24 million. During the same quarter last year, the firm earned $0.60 EPS. The firm’s revenue for the quarter was down 2.0% on a year-over-year basis. On average, equities analysts expect that Criteo will post 1.66 EPS for the current year.

In related news, COO Mary Spilman sold 1,567 shares of the business’s stock in a transaction on Thursday, June 27th. The shares were sold at an average price of $17.05, for a total transaction of $26,717.35. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 4.01% of the company’s stock.

Institutional investors and hedge funds have recently made changes to their positions in the stock. Bell Rock Capital LLC raised its holdings in shares of Criteo by 33.3% in the first quarter. Bell Rock Capital LLC now owns 2,000 shares of the information services provider’s stock valued at $40,000 after buying an additional 500 shares during the last quarter. Quantamental Technologies LLC purchased a new position in Criteo during the first quarter worth about $63,000. First Mercantile Trust Co. raised its holdings in Criteo by 40.3% during the first quarter. First Mercantile Trust Co. now owns 5,895 shares of the information services provider’s stock worth $118,000 after purchasing an additional 1,692 shares in the last quarter. Systematic Financial Management LP purchased a new position in Criteo during the first quarter worth about $131,000. Finally, Trust Co. of Vermont raised its holdings in Criteo by 47.2% during the first quarter. Trust Co. of Vermont now owns 8,107 shares of the information services provider’s stock worth $162,000 after purchasing an additional 2,598 shares in the last quarter. 80.59% of the stock is owned by hedge funds and other institutional investors.

About Criteo

Criteo SA, a technology company, provides an advertising platform for the open Internet 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 AI Engine solutions include Lookalike finder algorithms; recommendation algorithms; predictive bidding algorithms; bidding engine that executes campaigns based on certain objectives set by its clients; dynamic creative optimization+, which assembles customized creative advertising content by optimizing each individual creative component in the advertisement; software systems and processes, which enable data synchronization, storage, and analysis of distributed computing infrastructure in various geographies; and experimentation platform, an offline/online platform to enhance the capabilities and effectiveness of prediction models.

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Analyst Recommendations for Criteo (NASDAQ:CRTO)

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