Trade Desk Inc (TTD) concluded trading on Thursday at a closing price of $120.21, with 3.38 million shares of worth about $405.79 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 36.42% during that period and on October 31, 2024 the price saw a loss of about -1.45%. Currently the company’s common shares owned by public are about 492.91M shares, out of which, 446.32M shares are available for trading.
Stock saw a price change of 1.69% in past 5 days and over the past one month there was a price change of 10.58%. Year-to-date (YTD), TTD shares are showing a performance of 67.05% which increased to 69.41% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $60.23 but also hit the highest price of $123.85 during that period. The average intraday trading volume for Trade Desk Inc shares is 2.97 million. The stock is currently trading 2.16% above its 20-day simple moving average (SMA20), while that difference is up 8.82% for SMA50 and it goes to 29.06% higher than SMA200.
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Trade Desk Inc (NASDAQ: TTD) currently have 492.91M outstanding shares and institutions hold larger chunk of about 70.07% of that.
The stock has a current market capitalization of $59.25B and its 3Y-monthly beta is at 1.48. PE ratio of stock for trailing 12 months is 237.19, while it has posted earnings per share of $0.51 in the same period. Its PEG reads 8.23 and has Quick Ratio of 1.80 while making debt-to-equity ratio of 0.11. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for TTD, volatility over the week remained 2.45% while standing at 2.40% over the month.
Stock’s fiscal year EPS is expected to rise by 28.20% while it is estimated to increase by 16.34% in next year. EPS is likely to grow at an annualized rate of 28.83% for next 5-years, compared to annual growth of 13.20% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Wells Fargo on October 29, 2024 offering an Overweight rating for the stock and assigned a target price of $150 to it. Coverage by New Street stated Trade Desk Inc (TTD) stock as a Sell in their note to investors on October 29, 2024, suggesting a price target of $86 for the stock. On October 02, 2024, Truist Reiterated their recommendations, while on October 01, 2024, Needham Reiterated their ratings for the stock with a price target of $125. Stock get a Neutral rating from MoffettNathanson on September 23, 2024.
