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).
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Industry, Sector and Symbol
Industry Computer programming, data processing, & other computer related
Sub-IndustryN/A
SectorComputer and Technology
Phone805-585-3434
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$477.29 million
Profitability
Miscellaneous
Employees944
Next Earnings Date11/14/2019 (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) released its quarterly earnings data on Thursday, August, 8th. The technology company reported $0.95 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.44 by $0.51. The technology company earned $159.90 million during the quarter, compared to analysts' expectations of $155.26 million. Trade Desk had a return on equity of 23.63% and a net margin of 17.44%. The business's revenue for the quarter was up 42.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.60 earnings per share. View Trade Desk's Earnings History.
When is Trade Desk's next earnings date?
What guidance has Trade Desk issued on next quarter's earnings?
Trade Desk updated its third quarter 2019 earnings guidance on Thursday, August, 8th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $163-163 million, compared to the consensus revenue estimate of $162.36 million.
What price target have analysts set for TTD?
15 equities research analysts have issued twelve-month price objectives for Trade Desk's shares. Their forecasts range from $142.00 to $300.00. On average, they anticipate Trade Desk's share price to reach $227.6450 in the next twelve months. This suggests that the stock has a possible downside of 12.4%. View Analyst Price Targets for Trade Desk.
What is the consensus analysts' recommendation for Trade Desk?
15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Trade Desk in the last year. There are currently 1 sell rating, 8 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." 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. " (8/14/2019)
- 2. Pivotal Research analysts commented, "We see the connected TV inflection point around the corner. . ." (8/8/2019)
- 3. 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)
- 4. 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?
News headlines about TTD stock have trended positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Trade Desk earned a daily sentiment score of 2.5 on InfoTrie's scale. They also assigned news coverage about the technology company a news buzz of 6.0 out of 10, meaning that recent news coverage is somewhat likely to have an impact on the stock's share price in the near term. View News Stories for Trade Desk.
Are investors shorting Trade Desk?
Trade Desk saw a drop in short interest during the month of July. As of July 15th, there was short interest totalling 3,983,400 shares, a drop of 14.0% from the June 15th total of 4,634,300 shares. Based on an average daily volume of 1,620,000 shares, the days-to-cover ratio is currently 2.5 days. Currently, 11.4% of the shares of the stock 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 Baidu (BIDU), Red Hat (RHT), Twitter (TWTR), IHS Markit (INFO), Zoom Video Communications (ZM), Match Group (MTCH), Snap (SNAP), Yandex (YNDX), FactSet Research Systems (FDS), Weibo (WB), Line (LN), 58.com (WUBA), Wix.Com (WIX), Sabre (SABR) and InterXion (INXN).
What other stocks do shareholders of Trade Desk own?
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 retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (7.47%), Baillie Gifford & Co. (5.66%), JPMorgan Chase & Co. (5.00%), Morgan Stanley (4.41%), BlackRock Inc. (3.90%) and BlackRock Inc. (3.94%). 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 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 BlackRock Inc., BlackRock Inc., Renaissance Technologies LLC, Vanguard Group Inc., Whale Rock Capital Management LLC, Jennison Associates LLC, Jennison Associates LLC and Dorsey Asset Management LLC. 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 Morgan Stanley, Baillie Gifford & Co., JPMorgan Chase & Co., Invesco Ltd., APG Asset Management N.V., Nuveen Asset Management LLC, Los Angeles Capital Management & Equity Research Inc. and Cookson Peirce & Co. Inc.. 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 $259.89.
How big of a company is Trade Desk?
Trade Desk has a market capitalization of $11.69 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.View Additional Information About Trade Desk.
What is Trade Desk's official website?
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.
