Criteo (CRTO) Scheduled to Post Earnings on Thursday

Criteo (NASDAQ:CRTO) is set to post its quarterly earnings results before the market opens on Thursday, May 2nd. Analysts expect Criteo to post earnings of $0.61 per share for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Criteo (NASDAQ:CRTO) last announced its quarterly earnings data on Wednesday, February 7th. The information services provider reported $1.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.94 by $0.30. Criteo had a return on equity of 10.42% and a net margin of 2.73%. The business had revenue of $316.38 million during the quarter, compared to analysts’ expectations of $300.35 million. On average, analysts expect Criteo to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Criteo Price Performance

CRTO stock opened at $36.96 on Thursday. Criteo has a 1-year low of $22.10 and a 1-year high of $37.38. The business has a fifty day moving average price of $34.03 and a 200-day moving average price of $28.73. The stock has a market capitalization of $2.04 billion, a P/E ratio of 41.54 and a beta of 0.95.

Analyst Ratings Changes

Several research firms have recently weighed in on CRTO. Susquehanna boosted their price target on Criteo from $26.00 to $33.00 and gave the stock a “neutral” rating in a research note on Thursday, February 8th. BMO Capital Markets boosted their price target on Criteo from $28.00 to $31.00 and gave the stock a “market perform” rating in a research note on Thursday, February 8th. TheStreet upgraded Criteo from a “c” rating to a “b-” rating in a research note on Friday, February 9th. Wells Fargo & Company raised Criteo from an “equal weight” rating to an “overweight” rating and lifted their price objective for the stock from $28.00 to $41.00 in a report on Thursday, February 8th. Finally, StockNews.com raised Criteo from a “buy” rating to a “strong-buy” rating in a report on Thursday, February 8th. Five investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $36.11.

Insider Activity

In other news, CFO Sarah Js Glickman sold 5,504 shares of the company’s stock in a transaction that occurred on Tuesday, April 23rd. The stock was sold at an average price of $35.40, for a total transaction of $194,841.60. Following the transaction, the chief financial officer now owns 327,232 shares of the company’s stock, valued at $11,584,012.80. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In related news, CEO Megan Clarken sold 5,485 shares of the stock in a transaction that occurred on Wednesday, March 13th. The stock was sold at an average price of $35.00, for a total value of $191,975.00. Following the transaction, the chief executive officer now owns 552,933 shares of the company’s stock, valued at $19,352,655. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CFO Sarah Js Glickman sold 5,504 shares of the stock in a transaction on Tuesday, April 23rd. The shares were sold at an average price of $35.40, for a total value of $194,841.60. Following the sale, the chief financial officer now directly owns 327,232 shares in the company, valued at approximately $11,584,012.80. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 88,607 shares of company stock valued at $2,932,315. 1.10% of the stock is currently owned by insiders.

Criteo Company Profile

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.