Criteo S.A. (NASDAQ:CRTO) Given Consensus Rating of “Hold” by Analysts

Criteo S.A. (NASDAQ:CRTO) has been given a consensus recommendation of “Hold” by the nine ratings firms that are currently covering the company, Marketbeat reports. One equities 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 analysts that have updated their coverage on the stock in the last year is $27.9444.

A number of equities research analysts have issued reports on the company. Wall Street Zen downgraded Criteo from a “buy” rating to a “hold” rating in a research report on Saturday, March 7th. Benchmark lowered their target price on Criteo from $30.00 to $25.00 and set a “buy” rating for the company in a research note on Thursday, May 7th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Criteo in a report on Monday, April 20th. BMO Capital Markets reissued an “outperform” rating and set a $35.00 price target on shares of Criteo in a research report on Thursday, February 12th. Finally, DA Davidson set a $28.50 price target on Criteo in a research report on Thursday, February 12th.

Insider Activity at Criteo

In related news, CFO Sarah Js Glickman sold 2,465 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $17.06, for a total transaction of $42,052.90. Following the transaction, the chief financial officer directly owned 431,879 shares of the company’s stock, valued at approximately $7,367,855.74. The trade was a 0.57% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Der Kooi Frederik Van purchased 5,000 shares of the company’s stock in a transaction that occurred on Friday, March 13th. The shares were 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 SEC filing for this purchase provides additional information. Insiders own 1.52% of the company’s stock.

Institutional Investors Weigh In On Criteo

A number of hedge funds have recently bought and sold shares of the business. Neuberger Berman Group LLC grew its stake in Criteo by 19.8% during the 3rd quarter. Neuberger Berman Group LLC now owns 7,840,788 shares of the information services provider’s stock valued at $177,176,000 after purchasing an additional 1,297,980 shares in the last quarter. Morgan Stanley grew its stake in Criteo by 21.6% during the 4th quarter. Morgan Stanley now owns 4,723,794 shares of the information services provider’s stock valued at $97,357,000 after purchasing an additional 838,523 shares in the last quarter. Senvest Management LLC grew its stake in Criteo by 4.5% during the 1st quarter. Senvest Management LLC now owns 4,597,322 shares of the information services provider’s stock valued at $82,430,000 after purchasing an additional 200,000 shares in the last quarter. Alliancebernstein L.P. grew its stake in Criteo by 1.9% during the 2nd quarter. Alliancebernstein L.P. now owns 4,411,988 shares of the information services provider’s stock valued at $105,711,000 after purchasing an additional 82,134 shares in the last quarter. Finally, DNB Asset Management AS grew its stake in Criteo by 2.9% during the 4th quarter. DNB Asset Management AS now owns 4,258,161 shares of the information services provider’s stock valued at $87,761,000 after purchasing an additional 121,477 shares in the last quarter. Institutional investors and hedge funds own 94.27% of the company’s stock.

Criteo Stock Performance

CRTO stock opened at $17.73 on Wednesday. The stock has a 50-day moving average price of $17.97 and a two-hundred day moving average price of $18.85. Criteo has a 12-month low of $15.57 and a 12-month high of $26.98. The company has a market cap of $884.00 million, a PE ratio of 8.29 and a beta of 0.32.

Criteo (NASDAQ:CRTO) last posted its quarterly earnings results on Tuesday, March 31st. The information services provider reported $0.73 earnings per share (EPS) for the quarter. Criteo had a return on equity of 14.98% and a net margin of 6.06%.The firm had revenue of $424.64 million during the quarter. Equities analysts forecast that Criteo will post 3.12 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.