TechTarget Company Profile (NASDAQ:TTGT)

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

TechTarget, Inc. (NASDAQ:TTGT) posted its quarterly earnings data on Wednesday, August, 9th. The company reported $0.05 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.08 by $0.03. The firm earned $26.70 million during the quarter, compared to analyst estimates of $26.26 million. TechTarget had a return on equity of 1.38% and a net margin of 1.36%. The company's quarterly revenue was down 8.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.11 earnings per share. View TechTarget's Earnings History.

TechTarget is scheduled to release their next quarterly earnings announcement on Tuesday, November, 7th 2017. View Earnings Estimates for TechTarget.

4 equities research analysts have issued 12-month price targets for TechTarget's stock. Their predictions range from $10.00 to $11.00. On average, they anticipate TechTarget's share price to reach $10.67 in the next twelve months. View Analyst Ratings for TechTarget.

Here are some recent quotes from research analysts about TechTarget stock:

• 1. According to Zacks Investment Research, "TECHTARGET, a leading online Information Technology media company, provides IT companies with ROI-focused marketing programs to generate leads, shorten sales cycles, and grow revenues. The company is also a leading provider of independent, peer and vendor content, a leading distributor of white papers, and a leading producer of vendor-sponsored Webcasts and Podcasts for the IT market. Its Web sites are complemented by numerous invitation-only events and two magazines. TechTarget provides proven lead generation and branding programs to numerous advertisers including Cisco, Dell, EMC, HP, IBM, Intel, Microsoft, SAP and Symantec. " (8/19/2017)
• 2. Jefferies Group LLC analysts commented, "TTGT reported solid revenue and Adj. EBITDA driven by growth in IT Deal Alert. Client growth remains strong within Priority Engine / Deal Data as TTGT continues to roll out the products internationally. Pullbacks from large global customers continue to pressure the business. We note that TTGT will be shutting down their events business. Mgmt will continue to repurchase shares." (2/15/2017)
• 3. Needham & Company LLC analysts commented, "For 4Q16, results were slightly better than expectations. IT Deal Alert outperformed expectations as Priority Engine (PE) continued to gain traction and was launched in APAC in Q4. Long-term contracts now represent 15% of online revenue, which is expected to increase to 20% in 2017. We are also encouraged by the integration of PE with Marketo and expect additional integration partners to serve as a growth catalyst in 2H17. With an increased focus on data products, management decided to phase out its low-margin Events business, which should improve operating leverage and contribute to higher overall EBITDA margin in 2017. FY17 guidance was effectively in-line with expectations, excluding Events revenue, with seasonal Q1 weakness giving way to a stronger 2H17." (2/15/2017)

Some companies that are related to TechTarget include Premiere Global Services (PGI), NCC Group PLC (NCC), Carbonite (CARB), VASCO Data Security International (VDSI), Limelight Networks (LLNW), Unisys Corporation (UIS), Actua Corporation (ACTA), Computer Programs and Systems (CPSI), SDL plc (SDL), Digimarc Corporation (DMRC), AgroFresh Solutions (AGFS), Internap Corporation (INAP), Kainos Group PLC (KNOS), ServiceSource International (SREV), Microgen plc (MCGN), USA Technologies (USAT), Zix Corporation (ZIXI) and Hill International (HIL).

TechTarget's management team includes the folowing people:

• Gregory Strakosch, Executive Chairman of the Board
• Kevin Beam, President
• Michael Cotoia CPA, Chief Executive Officer, Director
• Daniel T. Noreck CPA, Chief Financial Officer, Treasurer
• Donald W. Hawk, Executive Vice President - Product Innovation
• Chuck Alvarez, Chief Data Officer
• Bruce Levenson, Director
• Robert D. Burke, Independent Director
• Leonard P. Forman Ph.D., Independent Director
• Roger M. Marino, Independent Director

TechTarget's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Trigran Investments Inc. (9.65%), HCSF Management LLC (5.98%), Punch & Associates Investment Management Inc. (3.63%), Vanguard Group Inc. (2.38%), Dimensional Fund Advisors LP (2.26%) and Heartland Advisors Inc. (1.46%). Company insiders that own TechTarget stock include Don Hawk, Janice Kelliher, Jay C Hoag, Kevin Beam, Michael Cotoia, Nine Ten Capital Management Ll, Nine Ten Partners Lp and Roger M Marino. View Institutional Ownership Trends for TechTarget.

TechTarget's stock was sold by a variety of institutional investors in the last quarter, including River Road Asset Management LLC, OxFORD Asset Management LLP, TIAA CREF Investment Management LLC, Citigroup Inc., Strs Ohio, Arrowstreet Capital Limited Partnership and New York State Common Retirement Fund. Company insiders that have sold TechTarget stock in the last year include Don Hawk, Kevin Beam, Michael Cotoia and Nine Ten Partners Lp. View Insider Buying and Selling for TechTarget.

TechTarget's stock was bought by a variety of institutional investors in the last quarter, including TIAA FSB, Zacks Investment Management, JPMorgan Chase & Co., Dimensional Fund Advisors LP, Northern Trust Corp, State Street Corp, Trigran Investments Inc. and Vanguard Group Inc.. Company insiders that have bought TechTarget stock in the last two years include Nine Ten Capital Management Ll and Nine Ten Partners Lp. View Insider Buying and Selling for TechTarget.

Shares of TechTarget can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of TechTarget stock can currently be purchased for approximately $11.83.