Techtarget Inc (NASDAQ: TTGT) has experienced a decline in its stock price by -4.15 compared to its previous closing price of 19.26. However, the company has seen a fall of -7.37% in its stock price over the last five trading days. accesswire.com reported 2024-12-24 that NEW YORK, NY / ACCESSWIRE / December 24, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Informa TechTarget (“Informa” or the “Company”) (NASDAQ:TTGT). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.
Is It Worth Investing in Techtarget Inc (NASDAQ: TTGT) Right Now?
The stock has a 36-month beta value of 1.10. Opinions on the stock are mixed, with 3 analysts rating it as a “buy,” 2 as “overweight,” 1 as “hold,” and 0 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for TTGT is 28.68M, and at present, short sellers hold a 1.74% of that float. On December 26, 2024, the average trading volume of TTGT was 200.82K shares.
TTGT’s Market Performance
The stock of Techtarget Inc (TTGT) has seen a -7.37% decrease in the past week, with a -42.23% drop in the past month, and a -19.78% fall in the past quarter. The volatility ratio for the week is 6.45%, and the volatility levels for the past 30 days are at 8.83% for TTGT. The simple moving average for the past 20 days is -23.09% for TTGT’s stock, with a -35.17% simple moving average for the past 200 days.
Analysts’ Opinion of TTGT
Many brokerage firms have already submitted their reports for TTGT stocks, with Craig Hallum repeating the rating for TTGT by listing it as a “Buy.” The predicted price for TTGT in the upcoming period, according to Craig Hallum is $36 based on the research report published on October 15, 2024 of the current year 2024.
UBS, on the other hand, stated in their research note that they expect to see TTGT reach a price target of $45, previously predicting the price at $31. The rating they have provided for TTGT stocks is “Buy” according to the report published on January 31st, 2024.
Raymond James gave a rating of “Outperform” to TTGT, setting the target price at $32 in the report published on September 27th of the previous year.
TTGT Trading at -32.78% from the 50-Day Moving Average
After a stumble in the market that brought TTGT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -55.97% of loss for the given period.
Volatility was left at 8.83%, however, over the last 30 days, the volatility rate increased by 6.45%.
During the last 5 trading sessions, TTGT fell by -8.75%, in comparison to the 20-day moving average. In addition, Techtarget Inc saw -46.24% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at TTGT starting from Noreck Daniel T, who sale 2,570 shares at the price of $26.21 back on Sep 04 ’24. After this action, Noreck Daniel T now owns 43,153 shares of Techtarget Inc, valued at $67,360 using the latest closing price.
Daniel Noreck, the Officer of Techtarget Inc, proposed sale 2,570 shares at $26.02 during a trade that took place back on Sep 04 ’24, which means that Daniel Noreck is holding shares at $66,871 based on the most recent closing price.
Stock Fundamentals for TTGT
Current profitability levels for the company are sitting at:
- -0.06 for the present operating margin
- 0.58 for the gross margin
The net margin for Techtarget Inc stands at -0.05. The total capital return value is set at -0.02. Equity return is now at value -78.80, with -14.20 for asset returns.
Based on Techtarget Inc (TTGT), the company’s capital structure generated 0.62 points at debt to capital in total, while cash flow to debt ratio is standing at 0.14. The debt to equity ratio resting at 1.65. The interest coverage ratio of the stock is -3923.25.
Currently, EBITDA for the company is 18.86 million with net debt to EBITDA at 11.74. When we switch over and look at the enterprise to sales, we see a ratio of 6.5. The receivables turnover for the company is 5.6for trailing twelve months and the total asset turnover is 0.31. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.20.
Conclusion
To sum up, Techtarget Inc (TTGT) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
