TechTarget, Inc. provides specialized online content for buyers of enterprise information technology (IT) products and services in the United States, the United Kingdom, and internationally. It also provides purchase-intent marketing and sales services for enterprise technology vendors; and customized marketing programs that integrate demand generation and brand marketing, as well as advertising techniques, which enable IT vendors to identify, reach, and influence corporate IT decision makers who are researching specific IT purchases. The company offers online services, including IT Deal Alert, core online, demand solutions, brand solutions, and custom content creation. It also operates an integrated content platform that consists of a network of approximately 140 Websites that focus on a specific IT sector, such as storage, security, networking, or business applications. In addition, the company enables registered members to conduct their pre-purchase research by accessing vendor supplied content through a network of Websites. TechTarget, Inc. was founded in 1999 and is headquartered in Newton, Massachusetts.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Business services, not elsewhere classified
Sub-IndustryInternet Software & Services
SectorComputer and Technology
Current SymbolNASDAQ:TTGT
Previous Symbol
CUSIP87874R10
Phone617-431-9200
Debt
Debt-to-Equity Ratio0.11
Current Ratio3.03
Quick Ratio3.03
Price-To-Earnings
Trailing P/E Ratio55.13
Forward P/E Ratio28.15
P/E GrowthN/A
Sales & Book Value
Annual Sales$108.56 million
Price / Sales3.41
Cash Flow$0.4188 per share
Price / Cash Flow31.59
Book Value$4.38 per share
Price / Book3.02
Profitability
EPS (Most Recent Fiscal Year)$0.24
Net Income$6.80 million
Net Margins11.42%
Return on Equity10.88%
Return on Assets7.96%
Miscellaneous
Employees622
Outstanding Shares28,000,000
Market Cap$378.30 million
OptionableOptionable
TechTarget (NASDAQ:TTGT) Frequently Asked Questions
What is TechTarget's stock symbol?
TechTarget trades on the NASDAQ under the ticker symbol "TTGT."
How were TechTarget's earnings last quarter?
TechTarget Inc (NASDAQ:TTGT) announced its earnings results on Wednesday, November, 7th. The information services provider reported $0.13 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.20 by $0.07. The information services provider had revenue of $30.74 million for the quarter, compared to the consensus estimate of $31.08 million. TechTarget had a net margin of 11.42% and a return on equity of 10.88%. The company's quarterly revenue was up 9.7% compared to the same quarter last year. During the same period in the prior year, the business earned $0.11 EPS. View TechTarget's Earnings History.
When is TechTarget's next earnings date?
What price target have analysts set for TTGT?
4 brokers have issued 1-year target prices for TechTarget's stock. Their forecasts range from $25.00 to $32.00. On average, they expect TechTarget's stock price to reach $27.25 in the next twelve months. This suggests a possible upside of 106.0% from the stock's current price. View Analyst Price Targets for TechTarget.
What is the consensus analysts' recommendation for TechTarget?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TechTarget in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for TechTarget.
Has TechTarget been receiving favorable news coverage?
Media headlines about TTGT stock have been trending positive recently, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. TechTarget earned a daily sentiment score of 2.6 on InfoTrie's scale. They also gave news stories about the information services provider a news buzz of 3.0 out of 10, meaning that recent press coverage is unlikely to have an impact on the stock's share price in the near term.
Are investors shorting TechTarget?
TechTarget saw a decrease in short interest during the month of November. As of November 15th, there was short interest totalling 1,775,001 shares, a decrease of 31.5% from the October 31st total of 2,589,394 shares. Based on an average daily volume of 572,190 shares, the days-to-cover ratio is currently 3.1 days. Approximately 8.1% of the company's stock are short sold. View TechTarget's Current Options Chain.
Who are some of TechTarget's key competitors?
Some companies that are related to TechTarget include Tabula Rasa HealthCare (TRHC), Cardtronics (CATM), Uxin (UXIN), LendingClub (LC), Wageworks (WAGE), CBIZ (CBZ), CAPITA GRP/ADR (CTAGY), Radware (RDWR), Viad (VVI), Emerald Expositions Events (EEX), Cass Information Systems (CASS), QuinStreet (QNST), Qiwi (QIWI), Exela Technologies (XELA) and eXp World (EXPI).
Who are TechTarget's key executives?
TechTarget's management team includes the folowing people:
- Mr. Gregory Strakosch, Co-Founder & Exec. Chairman (Age 55)
- Mr. Michael Cotoia, CEO & Director (Age 46)
- Mr. Don Hawk, Co-Founder & Exec. Director of Product Innovation (Age 47)
- Mr. Daniel T. Noreck, CFO & Treasurer (Age 46)
- Mr. Sean Tierney, CTO and Sr. VP of Devel. & Technology
Who are TechTarget's major shareholders?
TechTarget's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.02%), Vanguard Group Inc. (4.71%), Renaissance Technologies LLC (4.65%), Ashford Capital Management Inc. (3.89%), Dimensional Fund Advisors LP (3.60%) and AQR Capital Management LLC (2.09%). 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.
Which institutional investors are selling TechTarget stock?
TTGT stock was sold by a variety of institutional investors in the last quarter, including Man Group plc, BlackRock Inc., Wells Fargo & Company MN, Manatuck Hill Partners LLC, Martingale Asset Management L P, TIAA CREF Investment Management LLC, United Services Automobile Association and Mackenzie Financial Corp. Company insiders that have sold TechTarget company stock in the last year 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 Insider Buying and Selling for TechTarget.
Which institutional investors are buying TechTarget stock?
TTGT stock was acquired by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, Ashford Capital Management Inc., Citadel Advisors LLC, Summit Creek Advisors LLC, Vanguard Group Inc., Morgan Stanley, Russell Investments Group Ltd. and Allianz Asset Management GmbH. View Insider Buying and Selling for TechTarget.
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is TechTarget's stock price today?
One share of TTGT stock can currently be purchased for approximately $13.23.
How big of a company is TechTarget?
TechTarget has a market capitalization of $378.30 million and generates $108.56 million in revenue each year. The information services provider earns $6.80 million in net income (profit) each year or $0.24 on an earnings per share basis. TechTarget employs 622 workers across the globe.
What is TechTarget's official website?
How can I contact TechTarget?
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]
MarketBeat Community Rating for TechTarget (NASDAQ TTGT)
MarketBeat's community ratings are surveys of what our community members think about TechTarget and other stocks. Vote "Outperform" if you believe TTGT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TTGT will underperform the S&P 500 over the long term. You may vote once every thirty days.
