Currently, there are 449.53M common shares owned by the public and among those 447.13M shares have been available to trade.
The company’s stock has a 5-day price change of -3.16% and 1.99% over the past three months. TTD shares are trading 2.58% year to date (YTD), with the 12-month market performance up to 74.42% higher. It has a 12-month low price of $66.56 and touched a high of $141.53 over the same period. TTD has an average intraday trading volume of 3.83 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 0.03%, -4.12%, and 12.95% respectively.
Institutional ownership of Trade Desk Inc (NASDAQ: TTD) shares accounts for 70.28% of the company’s 449.53M shares outstanding.
It has a market capitalization of $59.51B and a beta (3y monthly) value of 1.45. The stock’s trailing 12-month PE ratio is 195.81, while the earnings-per-share (ttm) stands at $0.62. The company has a PEG of 8.12 and a Quick Ratio of 1.85 with the debt-to-equity ratio at 0.11. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.10% over the week and 2.72% over the month.
Earnings per share for the fiscal year are expected to increase by 29.72%, and 18.03% over the next financial year. EPS should grow at an annualized rate of 24.11% over the next five years, compared to 13.20% over the past 5-year period.
Looking at the support for the TTD, a number of firms have released research notes about the stock. JMP Securities stated their Mkt Outperform rating for the stock in a research note on January 21, 2025, with the firm’s price target at $150. BMO Capital Markets coverage for the Trade Desk Inc (TTD) stock in a research note released on January 15, 2025 offered a Outperform rating with a price target of $160. Scotiabank was of a view on December 05, 2024 that the stock is Sector Perform, while New Street gave the stock Neutral rating on November 25, 2024, issuing a price target of $85- $115. Wells Fargo on their part issued Overweight rating on October 29, 2024.
