The Trade Desk (TTD) Earns Daily News Sentiment Rating of 0.17

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Media coverage about The Trade Desk (NASDAQ:TTD) has trended somewhat positive on Friday, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. The Trade Desk earned a news sentiment score of 0.17 on Accern’s scale. Accern also gave news headlines about the technology company an impact score of 44.7423737781947 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

These are some of the headlines that may have effected Accern’s scoring:

The Trade Desk stock traded down $1.31 during trading hours on Friday, reaching $47.68. The stock had a trading volume of 512,971 shares, compared to its average volume of 975,857. The company has a market capitalization of $2,004.61, a PE ratio of 40.07, a P/E/G ratio of 1.62 and a beta of 1.93. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.48 and a current ratio of 1.48. The Trade Desk has a 52 week low of $35.04 and a 52 week high of $67.30.

The Trade Desk (NASDAQ:TTD) last issued its quarterly earnings results on Thursday, February 22nd. The technology company reported $0.54 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.42 by $0.12. The Trade Desk had a return on equity of 25.10% and a net margin of 16.48%. The business had revenue of $102.60 million for the quarter, compared to analyst estimates of $101.71 million. During the same quarter in the previous year, the firm earned $0.33 earnings per share. The company’s revenue was up 41.7% on a year-over-year basis. equities analysts predict that The Trade Desk will post 1.18 earnings per share for the current fiscal year.

TTD has been the subject of a number of recent analyst reports. Vetr lowered shares of The Trade Desk from a “strong-buy” rating to a “buy” rating and set a $52.18 target price for the company. in a research note on Tuesday, January 23rd. SunTrust Banks upgraded The Trade Desk from a “hold” rating to a “buy” rating and lifted their price objective for the company from $45.25 to $55.00 in a report on Monday, December 11th. Stifel Nicolaus initiated coverage on The Trade Desk in a report on Thursday, January 18th. They issued a “buy” rating and a $62.00 price objective for the company. Zacks Investment Research upgraded The Trade Desk from a “hold” rating to a “buy” rating and set a $54.00 price objective for the company in a report on Thursday, January 11th. Finally, Wells Fargo restated a “buy” rating and issued a $62.00 price objective on shares of The Trade Desk in a report on Friday, February 23rd. One investment analyst has rated the stock with a sell rating, one has given a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the stock. The Trade Desk has an average rating of “Buy” and a consensus price target of $66.14.

In other news, insider Brian John Stempeck sold 22,500 shares of the business’s stock in a transaction dated Thursday, March 22nd. The stock was sold at an average price of $55.33, for a total transaction of $1,244,925.00. Following the sale, the insider now owns 67,050 shares in the company, valued at $3,709,876.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Eric B. Paley sold 482,039 shares of the company’s stock in a transaction that occurred on Wednesday, February 28th. The shares were sold at an average price of $57.51, for a total value of $27,722,062.89. The disclosure for this sale can be found here. Insiders have sold 823,706 shares of company stock worth $46,967,046 in the last 90 days. Insiders own 26.87% of the company’s stock.

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About The Trade Desk

The Trade Desk, Inc, a technology company, a self-service omni-channel software platform that enables clients to purchase and manage data-driven digital advertising campaigns in the United States and internationally. Its platform allows clients to manage integrated advertising campaigns across various advertising formats, including connected television (TV), mobile, video, audio, display, social, and native, as well as on various devices, such as smart TVs, computers, and mobile devices.

Insider Buying and Selling by Quarter for The Trade Desk (NASDAQ:TTD)

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