The price-to-earnings ratio for Trade Desk Inc (NASDAQ: TTD) is above average at 202.21x. 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,” 6 rating it as “overweight,” 6 rating it as “hold,” and 3 rating it as “sell.”
The public float for TTD is 446.34M, and at present, short sellers hold a 2.25% of that float. The average trading volume of TTD on January 22, 2025 was 3.65M shares.
TTD) stock’s latest price update
Trade Desk Inc (NASDAQ: TTD)’s stock price has gone rise by 0.06 in comparison to its previous close of 124.42, however, the company has experienced a 5.61% increase in its stock price over the last five trading days. invezz.com reported 2025-01-17 that Morgan Stanley expects a bunch of US companies to benefit if a federal ban on TikTok goes into effect on Sunday. There have been reports that the renowned social platform for sharing short videos plans on drawing the curtains on its app in the United States on January 19th.
TTD’s Market Performance
Trade Desk Inc (TTD) has experienced a 5.61% rise in stock performance for the past week, with a -7.79% drop in the past month, and a 5.84% rise in the past quarter. The volatility ratio for the week is 2.58%, and the volatility levels for the past 30 days are at 2.95% for TTD. The simple moving average for the last 20 days is 2.41% for TTD’s stock, with a simple moving average of 17.57% for the last 200 days.
Analysts’ Opinion of TTD
BMO Capital Markets, on the other hand, stated in their research note that they expect to see TTD reach a price target of $160, previously predicting the price at $125. The rating they have provided for TTD stocks is “Outperform” according to the report published on January 15th, 2025.
Scotiabank gave a rating of “Sector Perform” to TTD, setting the target price at $133 in the report published on December 05th of the previous year.
TTD Trading at -1.67% 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 -12.03% of loss for the given period.
Volatility was left at 2.95%, however, over the last 30 days, the volatility rate increased by 2.58%, as shares sank -2.68% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.80% upper at present.
During the last 5 trading sessions, TTD rose by +5.61%, which changed the moving average for the period of 200-days by +43.20% in comparison to the 20-day moving average, which settled at $121.57. In addition, Trade Desk Inc saw 5.93% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at TTD starting from Green Jeffrey Terry, who proposed sale 52,200 shares at the price of $124.63 back on Jan 21 ’25. After this action, Green Jeffrey Terry now owns shares of Trade Desk Inc, valued at $6,505,432 using the latest closing price.
Green Jeffrey Terry, the President and CEO of Trade Desk Inc, sale 18,207 shares at $125.44 during a trade that took place back on Jan 07 ’25, which means that Green Jeffrey Terry is holding 704,229 shares at $2,283,821 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 26.2. 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 better 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.