The Trade Desk Inc. (NASDAQ:TTD) went down by -2.17% from its latest closing price compared to the recent 1-year high of $97.28. The company’s stock price has collected -8.95% of loss in the last five trading sessions. Press Release reported on 09/09/21 that SXM Media Unveils New Programmatic Capabilities for Podcast Advertising
Is It Worth Investing in The Trade Desk Inc. (NASDAQ :TTD) Right Now?
The Trade Desk Inc. (NASDAQ:TTD) scored a price-to-earnings ratio above its average ratio, recording 134.09 x from its present earnings ratio. Plus, the 36-month beta value for TTD is at 2.49. Opinions of the stock are interesting as 12 analysts out of 20 who provided ratings for The Trade Desk Inc. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 6 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $88.23, which is $15.24 above the current price. TTD currently public float of 431.27M and currently shorts hold a 3.92% ratio of that float. Today, the average trading volume of TTD was 5.69M shares.
TTD’s Market Performance
TTD stocks went down by -8.95% for the week, with a monthly drop of -16.83% and a quarterly performance of 18.36%, while its annual performance rate touched 70.07%. The volatility ratio for the week stands at 3.87% while the volatility levels for the past 30 days are set at 3.19% for The Trade Desk Inc.. The simple moving average for the period of the last 20 days is -8.59% for TTD stocks with a simple moving average of -5.11% for the last 200 days.
Analysts’ Opinion of TTD
Many brokerage firms have already submitted their reports for TTD stocks, with Stephens repeating the rating for TTD by listing it as a “Overweight.” The predicted price for TTD in the upcoming period, according to Stephens is $85 based on the research report published on July 23rd of the current year 2021.
Truist, on the other hand, stated in their research note that they expect to see TTD reach a price target of $620, previously predicting the price at $880. The rating they have provided for TTD stocks is “Buy” according to the report published on May 11th, 2021.
Evercore ISI gave a rating of “Outperform” to TTD, setting the target price at $770 in the report published on April 06th of the current year.
TTD Trading at -9.55% from the 50-Day Moving Average
After a stumble in the market that brought TTD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -26.81% of loss for the given period.
Volatility was left at 3.19%, however, over the last 30 days, the volatility rate increased by 3.87%, as shares sank -12.00% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.15% lower at present.
During the last 5 trading sessions, TTD fell by -8.95%, which changed the moving average for the period of 200-days by -15.65% in comparison to the 20-day moving average, which settled at $77.40. In addition, The Trade Desk Inc. saw -11.11% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at TTD starting from Paley Eric B, who sale 3,866 shares at the price of $79.61 back on Sep 01. After this action, Paley Eric B now owns 72,914 shares of The Trade Desk Inc., valued at $307,772 using the latest closing price.
Paley Eric B, the Director of The Trade Desk Inc., sale 7,500 shares at $79.94 during a trade that took place back on Sep 01, which means that Paley Eric B is holding 130,710 shares at $599,557 based on the most recent closing price.
Stock Fundamentals for TTD
Current profitability levels for the company are sitting at:
- +17.25 for the present operating margin
- +78.61 for the gross margin
The net margin for The Trade Desk Inc. stands at +28.98. The total capital return value is set at 13.68, while invested capital returns managed to touch 23.58. Equity return is now at value 25.50, with 10.20 for asset returns.
Based on The Trade Desk Inc. (TTD), the company’s capital structure generated 28.86 points at debt to equity in total, while total debt to capital is 22.40. Total debt to assets is 10.62, with long-term debt to equity ratio resting at 25.13. Finally, the long-term debt to capital ratio is 19.50.
When we switch over and look at the enterprise to sales, we see a ratio of 46.54, with the company’s debt to enterprise value settled at 0.01. The receivables turnover for the company is 0.61 and the total asset turnover is 0.37. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.57.