The price-to-earnings ratio for Trade Desk Inc (NASDAQ: TTD) is above average at 189.64x. The 36-month beta value for TTD is also noteworthy at 1.45. There are mixed opinions on the stock, with 23 analysts rating it as a “buy,” 5 rating it as “overweight,” 6 rating it as “hold,” and 3 rating it as “sell.”
The public float for TTD is 446.32M, and at present, short sellers hold a 2.25% of that float. The average trading volume of TTD on January 15, 2025 was 3.58M shares.
TTD) stock’s latest price update
Trade Desk Inc (NASDAQ: TTD) has seen a decline in its stock price by -0.96 in relation to its previous close of 117.89. However, the company has experienced a -7.76% decline in its stock price over the last five trading sessions. zacks.com reported 2025-01-14 that Investors looking for stocks in the Internet – Services sector might want to consider either Lyft (LYFT) or The Trade Desk (TTD). But which of these two companies is the best option for those looking for undervalued stocks?
TTD’s Market Performance
Trade Desk Inc (TTD) has experienced a -7.76% fall in stock performance for the past week, with a -12.93% drop in the past month, and a -0.97% drop in the past quarter. The volatility ratio for the week is 3.11%, and the volatility levels for the past 30 days are at 2.90% for TTD. The simple moving average for the last 20 days is -5.46% for TTD stock, with a simple moving average of 11.00% for the last 200 days.
Analysts’ Opinion of TTD
Many brokerage firms have already submitted their reports for TTD stocks, with Scotiabank repeating the rating for TTD by listing it as a “Sector Perform.” The predicted price for TTD in the upcoming period, according to Scotiabank is $133 based on the research report published on December 05, 2024 of the previous year 2024.
New Street, on the other hand, stated in their research note that they expect to see TTD reach a price target of $115, previously predicting the price at $85. The rating they have provided for TTD stocks is “Neutral” according to the report published on November 25th, 2024.
Wells Fargo gave a rating of “Overweight” to TTD, setting the target price at $150 in the report published on October 29th of the previous year.
TTD Trading at -7.61% 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 -17.50% of loss for the given period.
Volatility was left at 2.90%, however, over the last 30 days, the volatility rate increased by 3.11%, as shares sank -12.59% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.28% lower at present.
During the last 5 trading sessions, TTD fell by -7.76%, which changed the moving average for the period of 200-days by +33.88% in comparison to the 20-day moving average, which settled at $123.50. In addition, Trade Desk Inc saw -0.66% 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 TTD starting from Green Jeffrey Terry, who sale 18,207 shares at the price of $125.44 back on Jan 07 ’25. After this action, Green Jeffrey Terry now owns 704,229 shares of Trade Desk Inc, valued at $2,283,821 using the latest closing price.
Green Jeffrey Terry, the Officer of Trade Desk Inc, proposed sale 1,788 shares at $125.37 during a trade that took place back on Jan 07 ’25, which means that Green Jeffrey Terry is holding shares at $224,159 based on the most recent closing price.
Stock Fundamentals for TTD
Current profitability levels for the company are sitting at:
- 0.16 for the present operating margin
- 0.81 for the gross margin
The net margin for Trade Desk Inc stands at 0.13. The total capital return value is set at 0.13. Equity return is now at value 12.89, with 6.15 for asset returns.
Based on Trade Desk Inc (TTD), the company’s capital structure generated 0.1 points at debt to capital in total, while cash flow to debt ratio is standing at 2.15.
Currently, EBITDA for the company is 280.9 million with net debt to EBITDA at -2.11. When we switch over and look at the enterprise to sales, we see a ratio of 24.55. The receivables turnover for the company is 0.77for trailing twelve months and the total asset turnover is 0.42. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.85.
Conclusion
In summary, Trade Desk Inc (TTD) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing 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.
