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

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

TechTarget Inc (NASDAQ:TTGT) released its quarterly earnings data on Wednesday, August, 7th. The information services provider reported $0.15 earnings per share for the quarter, topping the consensus estimate of $0.14 by $0.01. The information services provider had revenue of $34.29 million for the quarter, compared to analyst estimates of $33.73 million. TechTarget had a net margin of 11.73% and a return on equity of 9.55%. TechTarget's quarterly revenue was up 9.0% compared to the same quarter last year. During the same quarter last year, the firm earned $0.15 EPS. 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 analysts have issued 1-year price targets for TechTarget's shares. Their forecasts range from $26.00 to $29.00. On average, they anticipate TechTarget's share price to reach $27.50 in the next year. This suggests that the stock has a possible downside of 3.9%. 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.

Media coverage about TTGT stock has trended somewhat negative on Thursday, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. TechTarget earned a media sentiment score of -1.4 on InfoTrie's scale. They also gave news articles about the information services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. 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), ANGI Homeservices (ANGI), Cimpress (CMPR), Cornerstone OnDemand (CSOD), LogMeIn (LOGM), Envestnet (ENV) and Yelp (YELP).

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 variety of of institutional and retail investors. Top institutional shareholders 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 purchased 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 $28.63.

TechTarget has a market capitalization of $801.75 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]