TechTarget Stock Price, Forecast & Analysis (NASDAQ:TTGT)

TechTarget trades on the NASDAQ under the ticker symbol "TTGT."

TechTarget Inc (NASDAQ:TTGT) issued its quarterly earnings results on Wednesday, August, 7th. The information services provider reported $0.15 EPS for the quarter, beating the Zacks' consensus estimate of $0.14 by $0.01. The information services provider had revenue of $34.29 million for the quarter, compared to analysts' expectations of $33.73 million. TechTarget had a net margin of 11.73% and a return on equity of 9.55%. The business's quarterly revenue was up 9.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.15 earnings per share. View TechTarget's Earnings History.

TechTarget is scheduled to release their next quarterly earnings announcement on Wednesday, February 5th 2020. View Earnings Estimates for TechTarget.

2 brokerages have issued 1-year price targets for TechTarget's shares. Their forecasts range from $26.00 to $29.00. On average, they expect TechTarget's stock price to reach $27.50 in the next year. This suggests that the stock has a possible downside of 5.8%. View Analyst Price Targets for TechTarget.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TechTarget in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for TechTarget.

Press coverage about TTGT stock has been trending extremely negative on Wednesday, InfoTrie reports. The research group rates the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. TechTarget earned a coverage optimism score of -5.0 on InfoTrie's scale. They also assigned news coverage about the information services provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the near term. View News Stories for TechTarget.

Some companies that are related to TechTarget include Facebook (FB), Equinix (EQIX), eBay (EBAY), Twitter (TWTR), Verisign (VRSN), CoStar Group (CSGP), Akamai Technologies (AKAM), SEA (SE), J2 Global (JCOM), LogMeIn (LOGM), Cimpress (CMPR), ANGI Homeservices (ANGI), Cornerstone OnDemand (CSOD), Envestnet (ENV) and LivePerson (LPSN).

Based on aggregate information from My MarketBeat watchlists, some companies that other TechTarget investors own include NVIDIA (NVDA), salesforce.com (CRM), Adobe (ADBE), Micron Technology (MU), Netflix (NFLX), Mastercard (MA), Intel (INTC), Verizon Communications (VZ), Celgene (CELG) and Proofpoint (PFPT).

TechTarget's stock is owned by a number of of retail and institutional investors. Top institutional investors include Summit Creek Advisors LLC (0.86%), TIAA FSB (0.41%), Cadence Capital Management LLC (0.35%), Rhumbline Advisers (0.23%), Russell Investments Group Ltd. (0.14%) and Envestnet Asset Management Inc. (0.14%). Company insiders that own TechTarget stock include Bruce Levenson, Daniel T Noreck, Don Hawk, Greg Strakosch, Kevin Beam, Leonard P Forman, Michael Cotoia, Nine Ten Partners Lp and Roger M Marino. View Institutional Ownership Trends for TechTarget.

TTGT stock was sold by a variety of institutional investors in the last quarter, including Summit Creek Advisors LLC, Cadence Capital Management LLC, Russell Investments Group Ltd., TIAA FSB, Picton Mahoney Asset Management, Navellier & Associates Inc and 1492 Capital Management LLC. Company insiders that have sold TechTarget company stock in the last year include Bruce Levenson, Daniel T Noreck, Don Hawk, Greg Strakosch and Michael Cotoia. View Insider Buying and Selling for TechTarget.

TTGT stock was bought by a variety of institutional investors in the last quarter, including Chicago Equity Partners LLC, First Quadrant L P CA, State of Alaska Department of Revenue, Eqis Capital Management Inc., Zurcher Kantonalbank Zurich Cantonalbank, Envestnet Asset Management Inc., California Public Employees Retirement System and Rhumbline Advisers. View Insider Buying and Selling for TechTarget.

Shares of TTGT 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.

One share of TTGT stock can currently be purchased for approximately $29.19.

TechTarget has a market capitalization of $817.44 million and generates $121.33 million in revenue each year. The information services provider earns $12.95 million in net income (profit) each year or $0.45 on an earnings per share basis. TechTarget employs 647 workers across the globe.View Additional Information About TechTarget.

The official website for TechTarget is http://www.techtarget.com/.

TechTarget's mailing address is 275 GROVE STREET, NEWTON MA, 02466. The information services provider can be reached via phone at 617-431-9200 or via email at [email protected]