Criteo (NASDAQ:CRTO) Reaches New 1-Year Low - Here's Why

Key Points

• Criteo's shares have hit a new 52-week low at $21.70, down from a previous close of $22.64, with a trading volume of 79,264 shares.
• A number of analysts have revised their target prices for Criteo, with some downgrading from as high as $54.00 to $38.00, while others set a "buy" rating at a new target of $51.00.
• For the last quarter, Criteo reported an earnings per share (EPS) of $0.92, surpassing analyst expectations and showing a year-over-year revenue increase of 2.5%.

Shares of Criteo S.A. (NASDAQ:CRTO - Get Free Report) hit a new 52-week low on Thursday . The stock traded as low as $21.71 and last traded at $21.70, with a volume of 79264 shares trading hands. The stock had previously closed at $22.64.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on CRTO. DA Davidson decreased their price target on Criteo from $42.00 to $38.00 and set a "buy" rating on the stock in a research note on Thursday, July 31st. Wells Fargo & Company cut their price target on Criteo from $54.00 to $40.00 and set an "overweight" rating for the company in a report on Tuesday, July 29th. Stifel Nicolaus lowered their price objective on Criteo from $42.00 to $41.00 and set a "buy" rating for the company in a research report on Tuesday, July 22nd. Benchmark lowered their price target on Criteo from $46.00 to $42.00 and set a "buy" rating for the company in a research report on Tuesday, July 22nd. Finally, BMO Capital Markets boosted their price target on Criteo from $49.00 to $51.00 and gave the company an "outperform" rating in a research report on Thursday, July 31st. Five equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $40.00.

Criteo Trading Up 2.8%

The business has a 50-day moving average price of $23.59 and a 200 day moving average price of $27.62. The company has a market cap of $1.30 billion, a price-to-earnings ratio of 9.40 and a beta of 0.47.

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

Insider Activity

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

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. The Manufacturers Life Insurance Company grew its holdings in Criteo by 17.5% during the 4th quarter. The Manufacturers Life Insurance Company now owns 6,520 shares of the information services provider's stock worth $258,000 after acquiring an additional 971 shares during the period. Ameriprise Financial Inc. increased its holdings in shares of Criteo by 2.6% during the fourth quarter. Ameriprise Financial Inc. now owns 60,917 shares of the information services provider's stock worth $2,410,000 after purchasing an additional 1,550 shares during the period. Bank of America Corp DE boosted its position in shares of Criteo by 45.5% during the 4th quarter. Bank of America Corp DE now owns 127,509 shares of the information services provider's stock worth $5,044,000 after acquiring an additional 39,862 shares in the last quarter. Deutsche Bank AG boosted its position in Criteo by 46.3% in the fourth quarter. Deutsche Bank AG now owns 48,072 shares of the information services provider's stock valued at $1,902,000 after buying an additional 15,203 shares in the last quarter. Finally, Millennium Management LLC lifted its holdings in shares of Criteo by 2.1% during the fourth quarter. Millennium Management LLC now owns 96,358 shares of the information services provider's stock worth $3,812,000 after purchasing an additional 1,983 shares during the period. Institutional investors own 94.27% of the company's stock.

Criteo Company Profile

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.