What is DA Davidson's Estimate for Criteo FY2025 Earnings?

Key Points

• DA Davidson has lowered its FY2025 earnings per share estimate for Criteo to $3.34, down from a previous forecast of $3.65, while maintaining a "Buy" rating with a target price of $38.00.
• Criteo reported quarterly earnings of $0.92 per share, exceeding analysts' expectations of $0.70, and generated revenue of $292 million, surpassing the projected $274.62 million.
• Major investment firms have adjusted their price targets on Criteo stock, with changes including Stifel Nicolaus lowering to $41.00 and JPMorgan Chase cutting to $27.00.

Criteo S.A. (NASDAQ:CRTO - Free Report) - Stock analysts at DA Davidson lowered their FY2025 earnings per share estimates for Criteo in a research note issued to investors on Thursday, July 31st. DA Davidson analyst T. White now expects that the information services provider will post earnings per share of $3.34 for the year, down from their previous forecast of $3.65. DA Davidson currently has a "Buy" rating and a $38.00 target price on the stock. The consensus estimate for Criteo's current full-year earnings is $3.09 per share. DA Davidson also issued estimates for Criteo's FY2026 earnings at $3.27 EPS.

Criteo (NASDAQ:CRTO - Get Free Report) last posted its quarterly earnings results on Wednesday, July 30th. The information services provider reported $0.92 EPS for the quarter, beating the consensus estimate of $0.70 by $0.22. The company had revenue of $292.00 million during the quarter, compared to analysts' expectations of $274.62 million. Criteo had a return on equity of 16.91% and a net margin of 7.10%. The firm's revenue was up 2.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.08 EPS.

CRTO has been the subject of several other reports. Morgan Stanley lowered their price objective on shares of Criteo from $40.00 to $36.00 and set an "equal weight" rating for the company in a research note on Monday, May 5th. 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. Citigroup restated an "underperform" rating on shares of Criteo in a research note on Friday, April 25th. Wells Fargo & Company reduced their price objective 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, Susquehanna cut their price target on shares of Criteo from $50.00 to $38.00 and set a "neutral" rating on the stock in a report on Wednesday, April 30th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $40.00.

Criteo Stock Performance

Criteo stock traded up $0.31 during trading on Monday, reaching $23.97. The company had a trading volume of 404,825 shares, compared to its average volume of 454,393. Criteo has a 12-month low of $22.43 and a 12-month high of $49.93. The stock's 50 day moving average price is $24.30 and its two-hundred day moving average price is $31.20. The firm has a market capitalization of $1.27 billion, a price-to-earnings ratio of 10.03 and a beta of 0.43.

Insiders Place Their Bets

In related news, CFO Sarah Js Glickman sold 2,465 shares of the stock in a transaction dated Friday, May 23rd. The stock was sold at an average price of $25.81, for a total value of $63,621.65. Following the completion of the transaction, the chief financial officer owned 362,710 shares of the company's stock, valued at approximately $9,361,545.10. This represents a 0.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Brian Gleason sold 2,842 shares of Criteo 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 owned 152,122 shares in the company, valued at $3,475,987.70. This represents a 1.83% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 12,708 shares of company stock worth $320,444 in the last quarter. 1.66% of the stock is owned by corporate insiders.

Institutional Trading of Criteo

Hedge funds have recently made changes to their positions in the stock. Neuberger Berman Group LLC boosted its stake in Criteo by 0.8% during the 1st quarter. Neuberger Berman Group LLC now owns 6,123,000 shares of the information services provider's stock valued at $216,982,000 after acquiring an additional 47,005 shares during the last quarter. DnB Asset Management AS lifted its position in shares of Criteo by 1.9% during the first quarter. DnB Asset Management AS now owns 5,511,195 shares of the information services provider's stock worth $195,372,000 after purchasing an additional 104,138 shares during the last quarter. Alliancebernstein L.P. grew its stake in Criteo by 14.0% in the first quarter. Alliancebernstein L.P. now owns 4,329,854 shares of the information services provider's stock worth $153,320,000 after purchasing an additional 532,879 shares in the last quarter. Senvest Management LLC increased its holdings in Criteo by 25.7% in the fourth quarter. Senvest Management LLC now owns 3,639,479 shares of the information services provider's stock valued at $143,978,000 after buying an additional 743,695 shares during the last quarter. Finally, Cadian Capital Management LP raised its stake in Criteo by 38.2% during the fourth quarter. Cadian Capital Management LP now owns 2,584,333 shares of the information services provider's stock valued at $102,236,000 after buying an additional 713,785 shares in the last quarter. Institutional investors and hedge funds 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.