Criteo S.A. (NASDAQ:CRTO - Get Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $26.93 and traded as low as $21.97. Criteo shares last traded at $22.51, with a volume of 315,293 shares.
Wall Street Analysts Forecast Growth
Several equities analysts recently weighed in on the company. Stifel Nicolaus cut 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. BMO Capital Markets boosted their price objective on Criteo from $49.00 to $51.00 and gave the stock an "outperform" rating in a research report on Thursday, July 31st. DA Davidson lowered 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 lowered their price target on Criteo from $54.00 to $40.00 and set an "overweight" rating on the stock in a research note on Tuesday, July 29th. Finally, 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. Five investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Criteo currently has an average rating of "Hold" and an average target price of $40.00.
Check Out Our Latest Report on Criteo
Criteo Price Performance
The stock has a market capitalization of $1.30 billion, a P/E ratio of 9.42 and a beta of 0.47. The firm has a 50 day moving average of $23.32 and a 200-day moving average of $26.93.
Criteo (NASDAQ:CRTO - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The information services provider reported $0.92 earnings per share for the quarter, beating 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 company had revenue of $292.00 million for the quarter, compared to analyst estimates of $274.62 million. During the same period in the prior year, the company posted $1.08 EPS. The company's revenue was up 2.5% compared to the same quarter last year. Criteo has set its Q3 2025 guidance at EPS. As a group, equities analysts expect that Criteo S.A. will post 3.09 earnings per share for the current year.
Insider Buying and Selling at Criteo
In other news, insider Brian Gleason sold 2,842 shares of the company's stock in a transaction that occurred on Monday, July 28th. The stock was sold at an average price of $22.85, for a total value of $64,939.70. Following the sale, the insider directly owned 152,122 shares in the company, valued at approximately $3,475,987.70. This represents a 1.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 1.66% of the company's stock.
Institutional Investors Weigh In On Criteo
Several large investors have recently modified their holdings of CRTO. Alliancebernstein L.P. grew its stake in shares of Criteo by 14.0% in the 1st quarter. Alliancebernstein L.P. now owns 4,329,854 shares of the information services provider's stock valued at $153,320,000 after purchasing an additional 532,879 shares during the period. ANTIPODES PARTNERS Ltd boosted its holdings in shares of Criteo by 45.9% in the 1st quarter. ANTIPODES PARTNERS Ltd now owns 1,451,188 shares of the information services provider's stock worth $51,391,000 after acquiring an additional 456,633 shares in the last quarter. Neuberger Berman Group LLC boosted 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 worth $156,766,000 after acquiring an additional 419,808 shares in the last quarter. Clough Capital Partners L P acquired a new position in shares of Criteo in the 1st quarter worth approximately $12,708,000. Finally, Congress Asset Management Co. boosted its holdings in shares of Criteo by 25.4% in the 1st quarter. Congress Asset Management Co. now owns 1,410,564 shares of the information services provider's stock worth $49,948,000 after acquiring an additional 285,285 shares in the last quarter. 94.27% of the stock is currently owned by institutional investors.
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.
Further Reading
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