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Criteo (NASDAQ:CRTO) Given Hold (C-) Rating at Weiss Ratings

Criteo logo with Computer and Technology background

Key Points

  • Criteo's stock has been assigned a "hold (C-)" rating by Weiss Ratings, while other analysts have varied opinions, with five recommending a buy and four holding.
  • The company's shares recently traded at $20.95, significantly lower than its 12-month high of $47.26 but ahead of its 12-month low of $20.81.
  • Criteo reported a strong quarterly performance with an EPS of $0.92, surpassing estimates and marking a 2.5% increase in revenue year-over-year.
  • MarketBeat previews the top five stocks to own by November 1st.

Criteo (NASDAQ:CRTO - Get Free Report)'s stock had its "hold (c-)" rating reissued by equities researchers at Weiss Ratings in a research note issued to investors on Wednesday,Weiss Ratings reports.

Several other equities analysts have also commented on CRTO. Wells Fargo & Company lowered their price objective on Criteo from $54.00 to $40.00 and set an "overweight" rating for the company in a research report on Tuesday, July 29th. BMO Capital Markets upped their price objective on Criteo from $49.00 to $51.00 and gave the stock an "outperform" rating in a research note on Thursday, July 31st. DA Davidson reduced their price target on Criteo from $42.00 to $38.00 and set a "buy" rating for the company in a research report on Thursday, July 31st. Benchmark lowered their price target on Criteo from $46.00 to $42.00 and set a "buy" rating on the stock in a research note on Tuesday, July 22nd. Finally, Stifel Nicolaus lowered their target price on Criteo from $42.00 to $41.00 and set a "buy" rating for the company in a research note on Tuesday, July 22nd. Five investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $40.00.

Check Out Our Latest Stock Analysis on Criteo

Criteo Stock Performance

Shares of Criteo stock traded up $0.10 on Wednesday, hitting $20.95. The stock had a trading volume of 336,517 shares, compared to its average volume of 470,660. The firm has a market capitalization of $1.21 billion, a P/E ratio of 8.77 and a beta of 0.42. The stock has a 50 day moving average of $23.07 and a 200 day moving average of $26.07. Criteo has a twelve month low of $20.81 and a twelve month high of $47.26.

Criteo (NASDAQ:CRTO - Get Free Report) last posted its quarterly earnings results on Wednesday, July 30th. The information services provider reported $0.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.70 by $0.22. The business had revenue of $292.00 million during the quarter, compared to the consensus estimate of $274.62 million. Criteo had a net margin of 7.10% and a return on equity of 16.91%. Criteo's revenue was up 2.5% compared to the same quarter last year. During the same quarter last year, the firm posted $1.08 EPS. Criteo has set its Q3 2025 guidance at EPS. Equities analysts expect that Criteo will post 3.09 earnings per share for the current year.

Insider Buying and Selling at Criteo

In other Criteo news, insider Brian Gleason sold 2,842 shares of the firm's stock in a transaction dated Monday, July 28th. The shares were sold at an average price of $22.85, for a total transaction of $64,939.70. Following the completion of the transaction, the insider owned 152,122 shares in the company, valued at $3,475,987.70. This trade represents a 1.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 1.66% of the company's stock.

Institutional Trading of Criteo

Several hedge funds have recently added to or reduced their stakes in CRTO. Neuberger Berman Group LLC raised its holdings in shares of Criteo by 6.9% in the 2nd quarter. Neuberger Berman Group LLC now owns 6,542,808 shares of the information services provider's stock valued at $156,766,000 after purchasing an additional 419,808 shares during the period. Two Sigma Securities LLC bought a new position in shares of Criteo during the second quarter valued at $292,000. Engineers Gate Manager LP raised its stake in Criteo by 170.1% during the second quarter. Engineers Gate Manager LP now owns 68,873 shares of the information services provider's stock worth $1,650,000 after buying an additional 43,376 shares during the last quarter. Cubist Systematic Strategies LLC increased its position in shares of Criteo by 72.2% during the second quarter. Cubist Systematic Strategies LLC now owns 172,944 shares of the information services provider's stock worth $4,144,000 after acquiring an additional 72,540 shares in the last quarter. Finally, Balanced Rock Investment Advisors LLC increased its position in shares of Criteo by 19.3% during the second quarter. Balanced Rock Investment Advisors LLC now owns 16,842 shares of the information services provider's stock worth $404,000 after acquiring an additional 2,724 shares in the last quarter. Institutional investors and hedge funds own 94.27% of the company's stock.

About Criteo

(Get Free Report)

Criteo SA, a technology company, provides marketing and monetization services on the open Internet in North and South America, Europe, the Middle East, Africa, and the Asia-Pacific. The company's Criteo Shopper Graph, which derives clients' proprietary commerce data, such as transaction activity on their digital properties.

See Also

Analyst Recommendations for Criteo (NASDAQ:CRTO)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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