NASDAQ:TTD - Trade Desk Stock Price, News, & Analysis

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$198.02 -4.02 (-1.99 %)
(As of 05/19/2019 04:00 PM ET)
Previous Close$198.02
Today's Range$196.0449 - $202.61
52-Week Range$80.09 - $232.70
Volume1.50 million shs
Average Volume2.03 million shs
Market Capitalization$8.73 billion
P/E Ratio103.14
Dividend YieldN/A
Beta2.93
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 display, video, audio, native and social, and on a multitude of devices, such as computers, mobile devices, and connected TV (CTV). It serves advertising agencies and other service providers for advertisers. The Trade Desk, Inc. was founded in 2009 and is headquartered in Ventura, California.

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Industry, Sector and Symbol

Industry Computer programming, data processing, & other computer related
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:TTD
CUSIPN/A
Phone805-585-3434

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$477.29 million
Cash Flow$2.2790 per share
Book Value$9.74 per share

Profitability

Net Income$88.14 million

Miscellaneous

Employees944
Market Cap$8.73 billion
Next Earnings Date8/8/2019 (Estimated)
OptionableOptionable

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 quarterly earnings results on Thursday, May, 9th. The technology company reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.42. The technology company had revenue of $121 million for the quarter, compared to analysts' expectations of $117.13 million. Trade Desk had a net margin of 17.41% and a return on equity of 24.41%. Trade Desk's quarterly revenue was up 41.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.34 earnings per share. View Trade Desk's Earnings History.

When is Trade Desk's next earnings date?

Trade Desk is scheduled to release their next quarterly earnings announcement on Thursday, August 8th 2019. View Earnings Estimates for Trade Desk.

What guidance has Trade Desk issued on next quarter's earnings?

Trade Desk issued an update on its second quarter 2019 earnings guidance on Thursday, May, 9th. The company provided EPS guidance of for the period. The company issued revenue guidance of $154-154 million, compared to the consensus revenue estimate of $153.67 million.Trade Desk also updated its FY 2019 guidance to EPS.

What price target have analysts set for TTD?

18 brokerages have issued 12-month target prices for Trade Desk's stock. Their predictions range from $55.00 to $260.00. On average, they anticipate Trade Desk's stock price to reach $176.5644 in the next twelve months. This suggests that the stock has a possible downside of 10.8%. 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, 7 hold ratings and 10 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. " (5/15/2019)
  • 2. SunTrust Banks, Inc. analysts commented, "TTD shares have declined 12% since Friday’s open mostly from reports that Google could restrict third-party ad targeting on Chrome. The market reaction looks overblown for these reasons: 1) The key growth drivers (ConnectedTV, Mobile, China) are strengthening and do not rely on cookies. This allows us to carry an upward bias to consensus estimates; 2) TTD’s Safari desktop revenue continued to grow through similar changes from that browser in the past; and 3) We understand the shoot first and ask questions later approach, but question the viability owing to anti-trust, publisher and advertiser pushback. Bottom Line: We remain long-term bullish on the name, but also believe that higher estimates rather than further multiples expansion will catalyze a higher share price. Reiterate Outperform." (3/27/2019)
  • 3. Rosenblatt Securities analysts commented, "We look for more tangible evidence of a larger RTB market than we currently estimate and/ or confidence in TTD’s ability to deliver 40%+ average billings growth thru ’21 vs our 33% forecast. We raise CY19E revenue and adjusted EBITDA +9% and +15%, resp., and our DCF-based price target from $109 to $142." (2/22/2019)

Has Trade Desk been receiving favorable news coverage?

Press coverage about TTD stock has been trending somewhat positive recently, InfoTrie reports. The research group identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Trade Desk earned a media sentiment score of 1.8 on InfoTrie's scale. They also assigned media headlines about the technology company a news buzz of 8.0 out of 10, meaning that recent news coverage is very likely to have an effect on the stock's share price in the next few days.

Who are some of Trade Desk's key competitors?

What other stocks do shareholders of Trade Desk own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Trade Desk investors own include NVIDIA (NVDA), Shopify (SHOP), Alibaba Group (BABA), Twilio (TWLO), Netflix (NFLX), Square (SQ), Arista Networks (ANET), Paypal (PYPL), Advanced Micro Devices (AMD) and Micron Technology (MU).

Who are Trade Desk's key executives?

Trade Desk's management team includes the folowing people:
  • Mr. Jeffrey Terry Green, Founder, Chairman, Pres & CEO (Age 42)
  • Mr. David R. Pickles, Founder & CTO (Age 41)
  • Mr. Paul E. Ross, Chief Financial Officer (Age 45)
  • Ms. Vivian W. Yang, Chief Legal Officer (Age 52)
  • Ms. Susan M. Vobejda, Chief Marketing Officer (Age 53)

When did Trade Desk IPO?

(TTD) raised $70 million in an initial public offering 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 served as the underwriters for the IPO and Needham & Company and Raymond James were co-managers.

Who are Trade Desk's major shareholders?

Trade Desk's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (5.60%), FMR LLC (3.62%), JPMorgan Chase & Co. (2.93%), Baillie Gifford & Co. (2.92%), Zevenbergen Capital Investments LLC (1.63%) and Wellington Management Group LLP (1.34%). Company insiders that own Trade Desk stock include Brian John Stempeck, David Randall Pickles, Eric B Paley, Jeffrey Terry Green, Kathryn E Falberg, Paul Ross, Robert David Perdue, Susan Vobejda, Thomas Falk, Venture Strategies Fund I Ia and Vivian Yang. View Institutional Ownership Trends for Trade Desk.

Which major investors are selling Trade Desk stock?

TTD stock was sold by a variety of institutional investors in the last quarter, including Sumitomo Mitsui Asset Management Company LTD, FMR LLC, Wellington Management Group LLP, Frontier Capital Management Co. LLC, Janus Henderson Group PLC, Penserra Capital Management LLC, Ashford Capital Management Inc. and Dimensional Fund Advisors LP. 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, Kathryn E Falberg, Paul Ross, Robert David Perdue, Susan Vobejda, Thomas Falk and Vivian Yang. View Insider Buying and Selling for Trade Desk.

Which major investors are buying Trade Desk stock?

TTD stock was purchased by a variety of institutional investors in the last quarter, including Whale Rock Capital Management LLC, Morgan Stanley, Jericho Capital Asset Management L.P., TCW Group Inc., Renaissance Technologies LLC, Goldman Sachs Group Inc., OppenheimerFunds Inc. and JPMorgan Chase & Co.. 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 $198.02.

How big of a company is Trade Desk?

Trade Desk has a market capitalization of $8.73 billion and generates $477.29 million in revenue each year. The technology company earns $88.14 million in net income (profit) each year or $1.92 on an earnings per share basis. Trade Desk employs 944 workers across the globe.

What is Trade Desk's official website?

The official website for Trade Desk is http://www.thetradedesk.com.

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)

Community Ranking:  3.2 out of 5 (star star star)
Outperform Votes:  338 (Vote Outperform)
Underperform Votes:  191 (Vote Underperform)
Total Votes:  529
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.
This page was last updated on 5/19/2019 by MarketBeat.com Staff

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