Criteo S.A. (NASDAQ:CRTO) Receives $36.11 Average Target Price from Analysts

Criteo S.A. (NASDAQ:CRTO - Get Free Report) has earned an average rating of "Hold" from the nine brokerages that are currently covering the company, Marketbeat reports. Five investment analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $36.11.

Several research analysts have recently issued reports on the stock. Wells Fargo & Company upgraded shares of Criteo from an "equal weight" rating to an "overweight" rating and increased their price objective for the company from $28.00 to $41.00 in a report on Thursday, February 8th. TheStreet upgraded shares of Criteo from a "c" rating to a "b-" rating in a report on Friday, February 9th. JPMorgan Chase & Co. increased their price objective on shares of Criteo from $27.00 to $31.00 and gave the company a "neutral" rating in a report on Thursday, February 8th. StockNews.com upgraded shares of Criteo from a "buy" rating to a "strong-buy" rating in a report on Thursday, February 8th. Finally, DA Davidson increased their price objective on shares of Criteo from $27.00 to $35.00 and gave the company a "neutral" rating in a report on Monday, March 4th.

Criteo Stock Performance

Shares of NASDAQ:CRTO traded up $1.06 during trading hours on Friday, hitting $35.42. The stock had a trading volume of 563,344 shares, compared to its average volume of 248,807. The stock's fifty day simple moving average is $33.88 and its 200 day simple moving average is $28.63. Criteo has a 1-year low of $22.10 and a 1-year high of $36.62. The firm has a market capitalization of $1.96 billion, a price-to-earnings ratio of 39.80 and a beta of 0.95.

Criteo (NASDAQ:CRTO - Get Free Report) last announced its quarterly earnings results on Wednesday, February 7th. The information services provider reported $1.24 EPS for the quarter, beating the consensus estimate of $0.94 by $0.30. Criteo had a net margin of 2.73% and a return on equity of 10.42%. The company had revenue of $316.38 million for the quarter, compared to analyst estimates of $300.35 million. As a group, research analysts anticipate that Criteo will post 2.3 EPS for the current year.

Insider Buying and Selling

In related news, CFO Sarah Js Glickman sold 3,622 shares of the firm's stock in a transaction that occurred on Tuesday, January 23rd. The shares were sold at an average price of $24.74, for a total value of $89,608.28. Following the completion of the transaction, the chief financial officer now owns 249,706 shares of the company's stock, valued at approximately $6,177,726.44. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other news, CFO Sarah Js Glickman sold 3,622 shares of the firm's stock in a transaction on Tuesday, January 23rd. The shares were sold at an average price of $24.74, for a total transaction of $89,608.28. Following the transaction, the chief financial officer now owns 249,706 shares in the company, valued at approximately $6,177,726.44. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Ryan Damon sold 7,959 shares of the firm's stock in a transaction on Monday, February 26th. The shares were sold at an average price of $32.69, for a total transaction of $260,179.71. Following the transaction, the insider now owns 144,545 shares in the company, valued at approximately $4,725,176.05. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 86,725 shares of company stock worth $2,827,082. Corporate insiders own 1.10% of the company's stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. First Capital Advisors Group LLC. bought a new position in shares of Criteo during the 2nd quarter valued at $34,000. Great West Life Assurance Co. Can raised its holdings in Criteo by 128.2% in the 1st quarter. Great West Life Assurance Co. Can now owns 1,043 shares of the information services provider's stock worth $33,000 after acquiring an additional 586 shares during the period. Citigroup Inc. bought a new position in Criteo in the 3rd quarter worth $33,000. Mather Group LLC. bought a new position in Criteo in the 1st quarter worth $48,000. Finally, Natixis raised its holdings in Criteo by 284.0% in the 4th quarter. Natixis now owns 3,959 shares of the information services provider's stock worth $103,000 after acquiring an additional 2,928 shares during the period. Institutional investors own 94.27% of the company's stock.

About Criteo

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.