Trade Desk Inc (TTD) concluded trading on Wednesday at a closing price of $127.25, with 4.26 million shares of worth about $541.73 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 41.00% during that period and on November 13, 2024 the price saw a loss of about -3.01%. 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 1.95% in past 5 days and over the past one month there was a price change of 8.13%. Year-to-date (YTD), TTD shares are showing a performance of 76.83% which increased to 100.52% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $61.47 but also hit the highest price of $132.65 during that period. The average intraday trading volume for Trade Desk Inc shares is 2.92 million. The stock is currently trading 4.35% above its 20-day simple moving average (SMA20), while that difference is up 11.19% for SMA50 and it goes to 32.99% 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 72.05% of that.
The stock has a current market capitalization of $62.81B and its 3Y-monthly beta is at 1.44. PE ratio of stock for trailing 12 months is 206.68, while it has posted earnings per share of $0.62 in the same period. Its PEG reads 7.75 and has Quick Ratio of 1.85 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 5.08% while standing at 2.97% over the month.
Stock’s fiscal year EPS is expected to rise by 30.30% while it is estimated to increase by 17.79% in next year. EPS is likely to grow at an annualized rate of 26.66% 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.
