Teads (NASDAQ:TEAD) Rating Lowered to “Sell” at Wall Street Zen

Teads (NASDAQ:TEAD) was downgraded by Wall Street Zen from a “hold” rating to a “sell” rating in a note issued to investors on Saturday.

TEAD has been the topic of a number of other reports. Citizens Jmp reaffirmed a “market perform” rating on shares of Teads in a research note on Friday. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Teads in a research report on Wednesday, October 8th. JMP Securities dropped their price target on Teads from $10.00 to $5.00 and set a “market outperform” rating on the stock in a research note on Friday, August 8th. Needham & Company LLC lowered their target price on shares of Teads from $3.50 to $1.00 and set a “buy” rating on the stock in a report on Friday. Finally, Citigroup dropped their price target on Teads from $3.90 to $3.40 and set a “neutral” rating for the company in a research report on Tuesday, July 29th. Two investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $3.13.

Teads Stock Performance

Shares of NASDAQ:TEAD opened at $0.73 on Friday. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 1.16. The company has a market capitalization of $69.38 million, a price-to-earnings ratio of -0.69 and a beta of 1.28. Teads has a fifty-two week low of $0.70 and a fifty-two week high of $7.87. The stock’s fifty day moving average is $1.57.

Teads (NASDAQ:TEAD) last posted its quarterly earnings data on Thursday, November 6th. The company reported ($0.17) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.15) by ($0.02). The company had revenue of $318.77 million during the quarter. Teads had a negative net margin of 7.53% and a negative return on equity of 8.59%.

Teads Company Profile

Outbrain Inc, together with its subsidiaries, operates an online content recommendation platform worldwide. It offers Outbrain Engage, a product suite for media partners that provides personalized feeds and data-driven recommendations, as well as a solution to maximize user engagement. The company’s Outbrain Engage solution also includes a web-based dashboard to manage and control various aspects of the platform, including content, formats, sources, frequency, and categories of ads delivered on their properties, as well as monetizes the content through customized data-driven advertising.