Criteo S.A. (NASDAQ:CRTO) will be issuing its quarterly earnings data before the market opens on Tuesday, August 1st. Analysts expect the company to announce earnings of $0.34 per share for the quarter.
Criteo (NASDAQ:CRTO) last announced its earnings results on Wednesday, May 3rd. The information services provider reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.01. The business had revenue of $210 million for the quarter, compared to analysts’ expectations of $204.51 million. Criteo had a return on equity of 14.88% and a net margin of 4.05%. The business’s revenue for the quarter was up 29.6% on a year-over-year basis. During the same period last year, the firm posted $0.43 earnings per share. On average, analysts expect Criteo to post $1.73 EPS for the current fiscal year and $2.11 EPS for the next fiscal year.
Criteo S.A. (CRTO) opened at 51.53 on Tuesday. Criteo S.A. has a 12 month low of $32.83 and a 12 month high of $56.00. The stock has a market capitalization of $3.17 billion, a PE ratio of 44.16 and a beta of 2.72. The firm has a 50-day moving average price of $48.73 and a 200 day moving average price of $49.13.
In other Criteo news, CEO Eric Eichmann sold 20,000 shares of the stock in a transaction that occurred on Thursday, April 27th. The stock was sold at an average price of $54.00, for a total transaction of $1,080,000.00. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Jean-Baptiste Rudelle sold 36,168 shares of the stock in a transaction that occurred on Thursday, July 20th. The stock was sold at an average price of $50.66, for a total value of $1,832,270.88. The disclosure for this sale can be found here. Insiders have sold 686,769 shares of company stock worth $35,574,395 in the last quarter. 5.60% of the stock is currently owned by company insiders.
Several analysts have weighed in on CRTO shares. Jefferies Group LLC reiterated a “buy” rating and set a $66.00 price target on shares of Criteo in a research note on Monday, May 15th. Cowen and Company reiterated an “outperform” rating and set a $60.00 price target on shares of Criteo in a research note on Thursday, June 22nd. Raymond James Financial, Inc. reiterated a “market perform” rating on shares of Criteo in a research note on Monday, April 24th. Royal Bank Of Canada boosted their price target on Criteo from $56.00 to $60.00 and gave the company an “outperform” rating in a research note on Thursday, May 4th. Finally, BidaskClub upgraded Criteo from a “sell” rating to a “hold” rating in a research note on Wednesday, June 21st. Seven equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $51.78.
About Criteo
Criteo SA is a France-based company specializing in digital performance marketing. Its solution consists of the Criteo Engine, the Company’s data assets, access to inventory, and its advertiser and publisher platforms. The Criteo Engine consists of various machine learning algorithms, such as prediction, recommendation, bidding and creative algorithms and the global hardware and software infrastructure.
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