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
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 Ratio1.50
Quick Ratio1.50
Price-To-Earnings
Trailing P/E Ratio77.36
Forward P/E Ratio65.29
P/E Growth2.89
Sales & Book Value
Annual Sales$308.22 million
Price / Sales12.58
Cash Flow$1.4322 per share
Price / Cash64.28
Book Value$5.90 per share
Price / Book15.60
Profitability
EPS (Most Recent Fiscal Year)$1.19
Net Income$50.79 million
Net Margins16.14%
Return on Equity24.07%
Return on Assets8.16%
Miscellaneous
Employees713
Outstanding Shares42,120,000
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) announced its earnings results on Thursday, May, 10th. The technology company reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.24. The technology company earned $85.70 million during the quarter, compared to analyst estimates of $73.25 million. Trade Desk had a net margin of 16.14% and a return on equity of 24.07%. Trade Desk's revenue for the quarter was up 60.5% on a year-over-year basis. During the same period in the previous year, the business posted $0.18 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?
15 brokerages have issued 12 month price objectives for Trade Desk's shares. Their forecasts range from $60.00 to $105.00. On average, they anticipate Trade Desk's share price to reach $78.0714 in the next year. 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. " (5/16/2018)
- 2. 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)
- 3. Wells Fargo & Co analysts commented, "We note that reported 2017 gross spend of $1.55B implies essentially no change in take rate vs. 2016, which we view as encouraging in relation to investor concerns regarding potential take rate compression. We view initial 2018 guidance for gross spend of at least $2.1B, revenue of at least $403MM (roughly 6% ahead of consensus) and adjusted EBITDA of $117MM (modestly below consensus, but including $15-$20MM of highlighted growth investments) as likely conservative and solid in relation to our prior forecasts for gross spend of $2.15B, revenue of $399MM and EBITDA of $117MM. 1Q guide for revenue of $73MM came in 11% above our prior forecast while 1Q EBITDA guide of $7.5MM was slightly below our $7.9MM estimate." (2/23/2018)
Are investors shorting Trade Desk?
Trade Desk saw a decline in short interest in May. As of May 31st, there was short interest totalling 6,069,025 shares, a decline of 17.0% from the May 15th total of 7,312,359 shares. Based on an average trading volume of 1,427,867 shares, the short-interest ratio is currently 4.3 days. Currently, 19.3% of the shares of the company are short sold. View Trade Desk's Current Options Chain.
Who are some of Trade Desk's key competitors?
Some companies that are related to Trade Desk include Match Group (MTCH), Yandex (YNDX), 58.com (WUBA), Line (LN), FactSet Research Systems (FDS), Tripadvisor Inc Common Stock (TRIP), Sabre (SABR), Stars Group (TSG), Wix.Com (WIX), InterXion (INXN), GDS (GDS), Pluralsight (PS), Switch (SWCH), Jianpu Technology (JT) and TrueCar (TRUE).
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. Paul E. Ross, Chief Financial & Accounting Officer (Age 44)
- Mr. Robert D. Perdue, COO & Director (Age 51)
- Mr. Brian J. Stempeck, Chief Client Officer (Age 39)
- Mr. David R. Pickles, Founder & CTO (Age 40)
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 $14.00-$16.00 per share. Citigroup, Jefferies and RBC Capital Markets served as the underwriters for the IPO and Needham & Company and Raymond James were co-managers.
Has Trade Desk been receiving favorable news coverage?
News coverage about TTD stock has trended somewhat positive recently, Accern Sentiment reports. The research group identifies positive and negative press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Trade Desk earned a coverage optimism score of 0.13 on Accern's scale. They also gave news stories about the technology company an impact score of 46.94 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.
Who are Trade Desk's major shareholders?
Trade Desk's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Allianz Asset Management GmbH (4.17%), Allianz Asset Management GmbH (4.19%), BlackRock Inc. (3.41%), HIGHWIND S.A.R.L (4.00%), Bamco Inc. NY (2.42%) and Lord Abbett & CO. LLC (1.22%). 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 Eventide Asset Management LLC, Allianz Asset Management GmbH, Allianz Asset Management GmbH, Pier Capital LLC, Russell Investments Group Ltd., Victory Capital Management Inc., Trexquant Investment LP and GSA Capital Partners LLP. 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 and Robert David Perdue. View Insider Buying and Selling for Trade Desk.
Which institutional investors are buying Trade Desk stock?
TTD stock was purchased by a variety of institutional investors in the last quarter, including Summit Trail Advisors LLC, Scopus Asset Management L.P., Lord Abbett & CO. LLC, Mesirow Financial Investment Management Equity Management, Millennium Management LLC, Wexford Capital LP, Dimensional Fund Advisors LP and Seven Eight Capital LP. 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 $92.06.
How big of a company is Trade Desk?
Trade Desk has a market capitalization of $3.86 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 (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.
