Criteo S.A. (NASDAQ:CRTO) Receives $28.39 Consensus Target Price from Analysts

Shares of Criteo S.A. (NASDAQ:CRTO) have earned an average rating of “Hold” from the nine ratings firms that are currently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $27.9444.

Several research analysts recently commented on CRTO shares. Sanford C. Bernstein set a $43.00 target price on shares of Criteo in a report on Thursday, February 12th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Criteo in a research report on Monday, April 20th. Morgan Stanley cut their price objective on Criteo from $33.00 to $29.00 and set an “equal weight” rating for the company in a research report on Wednesday. Stifel Nicolaus decreased their target price on Criteo from $30.00 to $29.00 and set a “buy” rating for the company in a research note on Monday, April 13th. Finally, DA Davidson set a $28.50 price target on Criteo in a research report on Thursday, February 12th.

Insider Transactions at Criteo

In related news, Director Der Kooi Frederik Van bought 5,000 shares of the business’s stock in a transaction that occurred on Friday, March 13th. The stock was purchased at an average cost of $17.81 per share, for a total transaction of $89,050.00. Following the purchase, the director directly owned 26,600 shares in the company, valued at $473,746. This trade represents a 23.15% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.66% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. TD Private Client Wealth LLC raised its position in shares of Criteo by 21.2% during the third quarter. TD Private Client Wealth LLC now owns 2,916 shares of the information services provider’s stock valued at $66,000 after buying an additional 511 shares during the last quarter. Assetmark Inc. grew its position in Criteo by 7.6% during the fourth quarter. Assetmark Inc. now owns 8,923 shares of the information services provider’s stock worth $184,000 after buying an additional 629 shares in the last quarter. WealthCollab LLC increased its stake in Criteo by 147.5% during the first quarter. WealthCollab LLC now owns 1,371 shares of the information services provider’s stock valued at $25,000 after acquiring an additional 817 shares during the period. Rockefeller Capital Management L.P. raised its holdings in Criteo by 185.8% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,446 shares of the information services provider’s stock valued at $30,000 after acquiring an additional 940 shares in the last quarter. Finally, Covestor Ltd raised its holdings in Criteo by 125.2% in the 3rd quarter. Covestor Ltd now owns 1,763 shares of the information services provider’s stock valued at $40,000 after acquiring an additional 980 shares in the last quarter. Institutional investors own 94.27% of the company’s stock.

Criteo Stock Up 0.4%

Shares of CRTO stock opened at $16.06 on Friday. Criteo has a 12 month low of $15.57 and a 12 month high of $29.00. The business’s 50 day moving average is $18.13 and its two-hundred day moving average is $19.31. The company has a market cap of $800.75 million, a PE ratio of 7.50 and a beta of 0.34.

Criteo (NASDAQ:CRTO) last issued its quarterly earnings data on Tuesday, March 31st. The information services provider reported $0.73 earnings per share for the quarter. The business had revenue of $424.64 million during the quarter. Criteo had a net margin of 6.06% and a return on equity of 14.98%. As a group, equities analysts expect that Criteo will post 3.14 EPS for the current fiscal year.

About Criteo

Criteo is a global technology company specializing in digital performance advertising and commerce media solutions. The company provides a range of AI-driven ad products designed to help brands, retailers, and agencies deliver personalized promotional messages to consumers across web, mobile, and connected TV environments. By leveraging large-scale data analytics and machine learning algorithms, Criteo’s platform optimizes the timing, placement, and creative of ads to drive engagement and conversions.

At the core of Criteo’s offering is its dynamic retargeting solution, which enables advertisers to automatically generate and display personalized product recommendations based on user behavior.