Trade Desk Inc (TTD) concluded trading on Thursday at a closing price of $119.14, with 5.64 million shares of worth about $671.79 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 18.08% during that period and on January 23, 2025 the price saw a loss of about -1.28%. Currently the company’s common shares owned by public are about 449.53M shares, out of which, 446.34M shares are available for trading.
Stock saw a price change of -0.45% in past 5 days and over the past one month there was a price change of -5.62%. Year-to-date (YTD), TTD shares are showing a performance of 1.37% which increased to 71.70% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $66.56 but also hit the highest price of $141.53 during that period. The average intraday trading volume for Trade Desk Inc shares is 3.73 million. The stock is currently trading -1.54% below its 20-day simple moving average (SMA20), while that difference is down -5.64% for SMA50 and it goes to 12.14% higher than SMA200.
Trade Desk Inc (NASDAQ: TTD) currently have 449.53M outstanding shares and institutions hold larger chunk of about 71.56% of that.
The stock has a current market capitalization of $58.80B and its 3Y-monthly beta is at 1.45. PE ratio of stock for trailing 12 months is 193.50, while it has posted earnings per share of $0.62 in the same period. Its PEG reads 8.06 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 2.81% while standing at 2.78% over the month.
Analysts are in expectations that Trade Desk Inc (TTD) stock would likely to be making an EPS of 0.57 in the current quarter, while forecast for next quarter EPS is 0.31 and it is 1.95 for next year. For the current quarter EPS, analysts have given the company a lowest target 0.52 which is 0.63 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of 0.41 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 29.72% while it is estimated to increase by 18.03% in next year. EPS is likely to grow at an annualized rate of 24.00% 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 JMP Securities on January 21, 2025 offering a Mkt outperform rating for the stock and assigned a target price of $150 to it. Coverage by BMO Capital Markets stated Trade Desk Inc (TTD) stock as an Outperform in their note to investors on January 15, 2025, suggesting a price target of $160 for the stock. On December 05, 2024, Scotiabank Initiated their recommendations, while on November 25, 2024, New Street Upgrade their ratings for the stock with a price target of $115. Stock get an Overweight rating from Wells Fargo on October 29, 2024.
