NASDAQ:TTGT - TechTarget Stock Price, Forecast & News

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

TechTarget Inc (NASDAQ:TTGT) announced its quarterly earnings results on Wednesday, August, 7th. The information services provider reported $0.15 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.14 by $0.01. The information services provider earned $34.29 million during the quarter, compared to analysts' expectations of $33.73 million. TechTarget had a return on equity of 9.93% and a net margin of 12.42%. The firm's quarterly revenue was up 9.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.15 EPS. 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 issued an update on 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 12-month target prices for TechTarget's stock. Their forecasts range from $26.00 to $30.00. On average, they anticipate TechTarget's share price to reach $28.33 in the next twelve months. This suggests a possible upside of 3.5% 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.

News headlines about TTGT stock have been trending extremely negative on Friday, InfoTrie Sentiment reports. The research group identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. TechTarget earned a coverage optimism score of -4.2 on InfoTrie's scale. They also assigned media stories 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 stock's share price in the next few days. View News Stories for TechTarget.

TechTarget saw a increase in short interest during the month of January. As of January 15th, there was short interest totalling 1,630,000 shares, an increase of 12.4% from the December 31st total of 1,450,000 shares. Based on an average daily volume of 157,100 shares, the short-interest ratio is currently 10.4 days. Currently, 7.0% of the shares of the company are short sold. View TechTarget's Current Options Chain.

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

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 retail and institutional 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 $27.38.

TechTarget has a market capitalization of $766.64 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]