The Trade Desk, Inc., a technology company, provides a self-service omnichannel software platform that enables clients to purchase and manage data-driven digital advertising campaigns in the United States and internationally. The company's platform allows clients to manage integrated advertising campaigns in various advertising channels and formats, including connected TV, mobile, video, audio, display, social, and native on various devices, such as smart TVs, computers, and mobile phones and tablets. It serves advertising agencies and other service providers for advertisers. The Trade Desk, Inc. was founded in 2009 and is headquartered in Ventura, California.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Computer programming, data processing, & other computer related
Sub-IndustryN/A
SectorComputer and Technology
SymbolNASDAQ:TTD
CUSIPN/A
Phone805-585-3434
Debt
Debt-to-Equity RatioN/A
Current Ratio1.51
Quick Ratio1.51
Price-To-Earnings
Trailing P/E Ratio105.01
Forward P/E Ratio90.56
P/E Growth3.51
Sales & Book Value
Annual Sales$308.22 million
Price / Sales18.03
Cash Flow$1.4683 per share
Price / Cash88.20
Book Value$5.90 per share
Price / Book21.95
Profitability
EPS (Most Recent Fiscal Year)$1.19
Net Income$50.79 million
Net Margins14.59%
Return on Equity21.65%
Return on Assets7.35%
Miscellaneous
Employees713
Outstanding Shares42,920,000
Market Cap$5.39 billion
Trade Desk (NASDAQ:TTD) Frequently Asked Questions
What is Trade Desk's stock symbol?
Trade Desk trades on the NASDAQ under the ticker symbol "TTD."
How were Trade Desk's earnings last quarter?
Trade Desk Inc (NASDAQ:TTD) issued its earnings results on Thursday, August, 9th. The technology company reported $0.60 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.44 by $0.16. The technology company earned $112.30 million during the quarter, compared to the consensus estimate of $103.87 million. Trade Desk had a return on equity of 21.65% and a net margin of 14.59%. The company's revenue was up 54.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.52 earnings per share. View Trade Desk's Earnings History.
When is Trade Desk's next earnings date?
What price target have analysts set for TTD?
18 analysts have issued 12 month target prices for Trade Desk's stock. Their forecasts range from $58.00 to $132.00. On average, they anticipate Trade Desk's share price to reach $99.1176 in the next twelve months. This suggests that the stock has a possible downside of 23.2%. View Analyst Price Targets for Trade Desk.
What is the consensus analysts' recommendation for Trade Desk?
18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Trade Desk in the last year. There are currently 1 sell rating, 3 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Trade Desk.
What are Wall Street analysts saying about Trade Desk stock?
Here are some recent quotes from research analysts about Trade Desk stock:
- 1. According to Zacks Investment Research, "The Trade Desk, Inc. is a provider of technology platform for advertising. The company through self-service, cloud-based platform, ad buyers create, manage and optimize data-driven digital advertising campaigns which includes display, video, audio, native and social, on a multitude of devices, such as computers, mobile devices and connected TV. It operates primarily in the United States, Europe and Asia. The Trade Desk, Inc. is headquartered in Ventura, CA. " (8/14/2018)
- 2. Wells Fargo & Co analysts commented, "We maintain our Market Perform rating on TTD shares but raise our price target to $110 from $88 previously." (8/10/2018)
- 3. SunTrust Banks, Inc. analysts commented, "We reit. our BUY/raise our PT to $75 (from $64) post strong 1Q results, as TTD shows excellent execution while benefiting from a combination of secular tailwinds in programmatic, strong product offering, scale and differentiated positioning. These drivers are helping post accel. Y/Y growth, leading to cont. share gains. Strength around mobile (+95% Y/Y), CTV (+21x Y/Y) and data (+70% Y/Y) highlight TTD’s position as a safe, data-driven alt. to FB & GOOGL. Beat & raise, and SI (27% of float) should drive the stock NT; extensive TAM and strong positioning should drive the stock LT, in our view. Results vs. consensus. Net revenue of $85.7M (+60.6% Y/Y) beat FactSet consensus of $73.2M, and EBITDA was $18.9M vs. consensus of $7.7M. Guidance for revenue/EBITDA was $73M/$7.5M and almost all of the revenue beat flowed to the bottom line, consistent with prior management commentary." (5/14/2018)
Who are some of Trade Desk's key competitors?
Some companies that are related to Trade Desk include IHS Markit (INFO), Weibo (WB), Snap (SNAP), Match Group (MTCH), Yandex (YNDX), Line (LN), 58.com (WUBA), FactSet Research Systems (FDS), Tripadvisor Inc Common Stock (TRIP), Sabre (SABR), Stars Group (TSG), Wix.Com (WIX), InterXion (INXN), Pluralsight (PS) and GDS (GDS).
Who are Trade Desk's key executives?
Trade Desk's management team includes the folowing people:
- Mr. Jeffrey Terry Green, Co-Founder, Chairman, Pres & CEO (Age 41)
- Mr. David R. Pickles, Founder & CTO (Age 40)
- Mr. Paul E. Ross, Chief Financial Officer (Age 44)
- Mr. Robert D. Perdue, COO & Director (Age 51)
- Mr. Brian J. Stempeck, Chief Client Officer (Age 39)
When did Trade Desk IPO?
(TTD) raised $70 million in an initial public offering (IPO) on Wednesday, September 21st 2016. The company issued 4,700,000 shares at a price of $14.00-$16.00 per share. Citigroup, Jefferies and RBC Capital Markets acted as the underwriters for the IPO and Needham & Company and Raymond James were co-managers.
Has Trade Desk been receiving favorable news coverage?
Media headlines about TTD stock have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group rates the sentiment of media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Trade Desk earned a media and rumor sentiment score of 0.15 on Accern's scale. They also assigned media stories about the technology company an impact score of 41.07 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days. View Recent Headlines for Trade Desk.
Who are Trade Desk's major shareholders?
Trade Desk's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (4.73%), FMR LLC (4.07%), HIGHWIND S.A.R.L (4.00%), Janus Henderson Group PLC (2.09%), Macquarie Group Ltd. (1.52%) and Renaissance Technologies LLC (1.31%). Company insiders that own Trade Desk stock include Brian John Stempeck, David B Wells, David Randall Pickles, Eric B Paley, Founder Collective Gp, Llc, Harbor Master Investors Hadley, Jeffrey Terry Green, Kathryn E Falberg, Paul Ross, Robert David Perdue, Thomas Falk and Venture Strategies Fund I Ia. View Institutional Ownership Trends for Trade Desk.
Which institutional investors are selling Trade Desk stock?
TTD stock was sold by a variety of institutional investors in the last quarter, including Voya Investment Management LLC, Janus Henderson Group PLC, Macquarie Group Ltd., Russell Investments Group Ltd., Ashford Capital Management Inc., Crawford Lake Capital Management LLC, Braun Stacey Associates Inc. and Granahan Investment Management Inc. MA. Company insiders that have sold Trade Desk company stock in the last year include Brian John Stempeck, David Randall Pickles, Eric B Paley, Jeffrey Terry Green, Paul Ross, Robert David Perdue and Thomas Falk. View Insider Buying and Selling for Trade Desk.
Which institutional investors are buying Trade Desk stock?
TTD stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, BlackRock Inc., Jennison Associates LLC, Renaissance Technologies LLC, OppenheimerFunds Inc., Frontier Capital Management Co. LLC, Dimensional Fund Advisors LP and Kornitzer Capital Management Inc. KS. Company insiders that have bought Trade Desk stock in the last two years include David B Wells and Kathryn E Falberg. View Insider Buying and Selling for Trade Desk.
How do I buy shares of Trade Desk?
Shares of TTD can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Trade Desk's stock price today?
One share of TTD stock can currently be purchased for approximately $129.01.
How big of a company is Trade Desk?
Trade Desk has a market capitalization of $5.39 billion and generates $308.22 million in revenue each year. The technology company earns $50.79 million in net income (profit) each year or $1.19 on an earnings per share basis. Trade Desk employs 713 workers across the globe.
How can I contact Trade Desk?
Trade Desk's mailing address is 42 N. CHESTNUT STREET, VENTURA CA, 93001. The technology company can be reached via phone at 805-585-3434 or via email at [email protected]
MarketBeat Community Rating for Trade Desk (NASDAQ TTD)
MarketBeat's community ratings are surveys of what our community members think about Trade Desk and other stocks. Vote "Outperform" if you believe TTD will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TTD will underperform the S&P 500 over the long term. You may vote once every thirty days.
