NASDAQ:TTDTrade Desk Stock Price, Forecast & News

$294.23

-5.06 (-1.69 %)

(As of 05/27/2020 04:00 PM ET)

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Today's Range

$269.00

Now: $294.23▼

$298.50

50-Day Range

$190.05

MA: $267.80▼

$322.50

52-Week Range

$136.00

Now: $294.23▼

$327.35

Volume2.76 million shs

Average Volume2.14 million shs

Market Capitalization$13.55 billion

P/E Ratio115.84

Dividend YieldN/A

Beta2.69

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.

Beat the Market (BTM) Rank^™

2.2 Analyst's Opinion

Consensus Rating
Trade Desk has received a consensus rating of Hold. The company's average rating score is 2.36, and is based on 5 buy ratings, 9 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $278.43, Trade Desk has a potential downside of 5.4% from its current price of $294.23.
Amount of Analyst Coverage
Trade Desk has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.4 Community Rank

Outperform Votes
Trade Desk has received 605 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Trade Desk has received 290 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Trade Desk has received 67.60% “outperform” votes from our community.

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.

0.0 Dividend Strength

Dividend Yield
Trade Desk does not currently pay a dividend.
Dividend Growth
Trade Desk does not have a long track record of dividend growth.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Trade Desk insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $120,285,565.00 in company stock.
Percentage Held by Insiders
Only 13.12% of the stock of Trade Desk is held by insiders.
Percentage Held by Institutions
69.37% of the stock of Trade Desk is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Trade Desk are expected to grow by 34.02% in the coming year, from $1.94 to $2.60 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Trade Desk is 115.84, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.81.
Price to Earnings Ratio vs. Sector
The P/E ratio of Trade Desk is 115.84, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 40.80.
Price to Earnings Growth Ratio
Trade Desk has a PEG Ratio of 6.34. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Trade Desk has a P/B Ratio of 20.10. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.57 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Computer programming, data processing, & other computer related

Sub-IndustryN/A

SectorComputer and Technology

Current SymbolNASDAQ:TTD

Previous Symbol

CUSIPN/A

CIK1671933

Webwww.thetradedesk.com

Phone805-585-3434

Debt

Debt-to-Equity Ratio0.52

Current Ratio1.96

Quick Ratio1.96

Price-To-Earnings

Trailing P/E Ratio115.84

Forward P/E Ratio151.66

P/E Growth6.34

Sales & Book Value

Annual Sales$661.06 million

Price / Sales20.50

Cash Flow$2.73 per share

Price / Cash Flow107.62

Book Value$14.64 per share

Price / Book20.10

Profitability

EPS (Most Recent Fiscal Year)$2.27

Net Income$108.32 million

Net Margins17.44%

Return on Equity20.65%

Return on Assets7.77%

Miscellaneous

Employees1,310

Outstanding Shares46,057,000

Market Cap$13.55 billion

Next Earnings Date8/13/2020 (Estimated)

OptionableOptionable

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Trade Desk (NASDAQ:TTD) Frequently Asked Questions

How has Trade Desk's stock been impacted by COVID-19 (Coronavirus)?

Trade Desk's stock was trading at $223.94 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, TTD stock has increased by 31.4% and is now trading at $294.23. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Trade Desk?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Trade Desk in the last year. There are currently 9 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Trade Desk.

When is Trade Desk's next earnings date?

Trade Desk is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Trade Desk.

How were Trade Desk's earnings last quarter?

Trade Desk Inc (NASDAQ:TTD) released its quarterly earnings results on Thursday, May, 7th. The technology company reported $0.90 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.09 by $0.81. The technology company earned $160.70 million during the quarter, compared to analyst estimates of $158.10 million. Trade Desk had a return on equity of 20.65% and a net margin of 17.44%. The company's revenue was up 32.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.49 EPS. View Trade Desk's earnings history.

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

Trade Desk issued an update on its FY 2020 After-Hours earnings guidance on Thursday, February, 27th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $863 million, compared to the consensus revenue estimate of $859.98 million.

What price target have analysts set for TTD?

14 equities research analysts have issued twelve-month price targets for Trade Desk's stock. Their forecasts range from $208.00 to $370.00. On average, they expect Trade Desk's stock price to reach $278.43 in the next twelve months. This suggests that the stock has a possible downside of 5.4%. View analysts' price targets for Trade Desk.

Has Trade Desk been receiving favorable news coverage?

Headlines about TTD stock have been trending negative on Wednesday, according to InfoTrie Sentiment. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Trade Desk earned a news impact score of -2.9 on InfoTrie's scale. They also gave media headlines about the technology company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the near term. View the latest news aboutTrade Desk.

Who are some of Trade Desk's key competitors?

Some companies that are related to Trade Desk include Zoom Video Communications (ZM), Baidu (BIDU), IHS Markit (INFO), Twitter (TWTR), Match Group (MTCH), Snap (SNAP), Yandex (YNDX), Line (LN), FactSet Research Systems (FDS), Pinterest (PINS), Wix.Com (WIX), Stars Group (TSG), 58.com (WUBA), Weibo (WB) and GDS (GDS). View all 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), Netflix (NFLX), Twilio (TWLO), Walt Disney (DIS), Square (SQ), Roku (ROKU), Advanced Micro Devices (AMD) and salesforce.com (CRM).

Who are Trade Desk's key executives?

Trade Desk's management team includes the following 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.

What is Trade Desk's stock symbol?

Trade Desk trades on the NASDAQ under the ticker symbol "TTD."

Who are Trade Desk's major shareholders?

Trade Desk's stock is owned by many different institutional and retail investors. Top institutional shareholders include Morgan Stanley (6.18%), Baillie Gifford & Co. (6.06%), BlackRock Inc. (4.25%), Jennison Associates LLC (4.04%), JPMorgan Chase & Co. (3.91%) and Invesco Ltd. (1.44%). Company insiders that own Trade Desk stock include Brian John Stempeck, David B Wells, David Randall Pickles, Eric B Paley, Jeffrey Terry Green, Kathryn E Falberg, Mazen Al-Rawashdeh, 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 Morgan Stanley, Nuveen Asset Management LLC, Eventide Asset Management LLC, Alliancebernstein L.P., Invesco Ltd., Lord Abbett & CO. LLC, JPMorgan Chase & Co., and Deutsche Bank AG. Company insiders that have sold Trade Desk company stock in the last year include Brian John Stempeck, David B Wells, David Randall Pickles, Eric B Paley, Jeffrey Terry Green, Kathryn E Falberg, Mazen Al-Rawashdeh, Paul Ross, Susan Vobejda, Thomas Falk, and Vivian Yang. View insider buying and selling activity for Trade Desk.

Which major investors are buying Trade Desk stock?

TTD stock was bought by a variety of institutional investors in the last quarter, including Jennison Associates LLC, Advisor Group Holdings Inc., Janus Henderson Group PLC, Ardevora Asset Management LLP, Wells Fargo & Company MN, Victory Capital Management Inc., Victory Capital Management Inc., and Banco Santander S.A.. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Trade Desk's stock price today?

One share of TTD stock can currently be purchased for approximately $294.23.

How big of a company is Trade Desk?

Trade Desk has a market capitalization of $13.55 billion and generates $661.06 million in revenue each year. The technology company earns $108.32 million in net income (profit) each year or $2.27 on an earnings per share basis. Trade Desk employs 1,310 workers across the globe.

What is Trade Desk's official website?

The official website for Trade Desk is 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]

This page was last updated on 5/27/2020 by MarketBeat.com Staff