Criteo (CRTO) to Release Earnings on Wednesday

Criteo (NASDAQ:CRTO) will likely be posting its quarterly earnings results before the market opens on Wednesday, February 5th. Analysts expect Criteo to post earnings of $1.37 per share and revenue of $331.32 million for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Criteo Stock Performance

NASDAQ:CRTO opened at $37.99 on Monday. Criteo has a 1 year low of $25.63 and a 1 year high of $49.93. The stock has a market cap of $2.10 billion, a price-to-earnings ratio of 25.84 and a beta of 1.06. The business has a fifty day moving average of $40.13 and a 200-day moving average of $41.57.

Insider Buying and Selling

In related news, CFO Sarah Js Glickman sold 1,520 shares of the stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $40.36, for a total value of $61,347.20. Following the completion of the sale, the chief financial officer now directly owns 311,878 shares of the company’s stock, valued at approximately $12,587,396.08. This represents a 0.49 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Megan Clarken sold 9,284 shares of the company’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $40.36, for a total value of $374,702.24. Following the completion of the transaction, the chief executive officer now directly owns 509,145 shares in the company, valued at approximately $20,549,092.20. The trade was a 1.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 19,617 shares of company stock valued at $787,141. Corporate insiders own 1.71% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently weighed in on CRTO. StockNews.com upgraded Criteo from a “hold” rating to a “buy” rating in a report on Friday. Benchmark reaffirmed a “buy” rating and set a $51.00 target price on shares of Criteo in a report on Tuesday, November 19th. Wells Fargo & Company reduced their target price on Criteo from $66.00 to $63.00 and set an “overweight” rating for the company in a report on Thursday, January 16th. Susquehanna reduced their target price on Criteo from $50.00 to $36.00 and set a “neutral” rating for the company in a report on Thursday, October 31st. Finally, DA Davidson reduced their target price on Criteo from $58.00 to $53.00 and set a “buy” rating for the company in a report on Thursday, October 31st. Four research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $49.89.

About Criteo

Criteo SA, a technology company, provides marketing and monetization services on the open Internet in North and South America, Europe, the Middle East, Africa, and the Asia-Pacific. The company's Criteo Shopper Graph, which derives clients' proprietary commerce data, such as transaction activity on their digital properties.