NASDAQ:TTGT - TechTarget Stock Price, Forecast & News

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, 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 analysts' expectations of $33.73 million. TechTarget had a net margin of 12.42% and a return on equity of 9.93%. TechTarget's revenue for the quarter was up 9.0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.15 earnings per share. View TechTarget's Earnings History.

TechTarget is scheduled to release their next quarterly earnings announcement on Wednesday, May 13th 2020. View Earnings Estimates for TechTarget.

TechTarget updated its first quarter 2020 After-Hours earnings guidance on Wednesday, February, 12th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $31.5-32.5 million, compared to the consensus revenue estimate of $32.64 million.

3 brokerages have issued 1 year price objectives for TechTarget's shares. Their forecasts range from $26.00 to $30.00. On average, they expect TechTarget's stock price to reach $28.33 in the next year. This suggests a possible upside of 21.1% from the stock's current price. View Analyst Price Targets for TechTarget.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TechTarget in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for TechTarget.

Media coverage about TTGT stock has been trending extremely negative recently, InfoTrie Sentiment reports. InfoTrie scores the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. TechTarget earned a news sentiment score of -4.4 on InfoTrie's scale. They also assigned news coverage about the information services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for TechTarget.

TechTarget saw a drop in short interest during the month of February. As of February 14th, there was short interest totalling 1,540,000 shares, a drop of 9.4% from the January 30th total of 1,700,000 shares. Based on an average daily volume of 161,300 shares, the days-to-cover ratio is currently 9.5 days. Currently, 6.6% of the company's stock are sold short. View TechTarget's Current Options Chain.

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

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

TechTarget's stock is owned by a number of of institutional and retail investors. Top institutional investors include Renaissance Technologies LLC (3.36%), Punch & Associates Investment Management Inc. (2.94%), ArrowMark Colorado Holdings LLC (2.77%), State Street Corp (2.31%), Bank of America Corp DE (2.00%) and Cowbird Capital LP (1.27%). Company insiders that own TechTarget stock include Bruce Levenson, Daniel T Noreck, Don Hawk, Greg Strakosch, Kevin Beam, Leonard P Forman, Michael Cotoia 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 Oxford Asset Management LLP, AQR Capital Management LLC, Barclays PLC, Advisory Research Inc., Ingalls & Snyder LLC, Cadence Capital Management LLC, Chicago Equity Partners LLC and First Quadrant L P CA. Company insiders that have sold TechTarget company stock in the last year include Bruce Levenson, Daniel T Noreck, Don Hawk, Greg Strakosch, Michael Cotoia and Roger M Marino. View Insider Buying and Selling for TechTarget.

TTGT stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Goldman Sachs Group Inc., Bank of Montreal Can, Essex Investment Management Co. LLC, Great West Life Assurance Co. Can, Robeco Institutional Asset Management B.V., Cowbird Capital LP and Campbell & CO Investment Adviser LLC. 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 $23.40.

TechTarget has a market capitalization of $655.29 million and generates $133.96 million in revenue each year. The information services provider earns $16.88 million in net income (profit) each year or $0.62 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]