Trade Desk Inc (NASDAQ: TTD) kicked off on Friday, down -0.85% from the previous trading day, before settling in for the closing price of $120.21. Over the past 52 weeks, TTD has traded in a range of $60.23-$123.85.
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Technology Sector giant saw their annual sales surged by 32.66% over the last five years. While this was happening, its average annual earnings per share was recorded 28.20%. With a float of $446.32 million, this company’s outstanding shares have now reached $492.91 million.
The firm has a total of 3115 workers. Let’s measure their productivity. In terms of profitability, gross margin is 81.23%, operating margin of 14.05%, and the pretax margin is 17.3%.
Trade Desk Inc (TTD) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Software – Application Industry. The insider ownership of Trade Desk Inc is 9.45%, while institutional ownership is 70.02%. The most recent insider transaction that took place on Oct 22 ’24, was worth 3,010,750. In this transaction Chief Financial Officer of this company sold 25,000 shares at a rate of $120.43, taking the stock ownership to the 693,953 shares. Before that another transaction happened on Oct 21 ’24, when Company’s Director sold 1,355 for $117.89, making the entire transaction worth $159,741. This insider now owns 28,636 shares in total.
Trade Desk Inc (TTD) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0.33 earnings per share (EPS), higher than consensus estimate (set at 0.29) by 0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.55 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 28.20% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 26.66% during the next five years compared to 13.20% growth over the previous five years of trading.
Trade Desk Inc (NASDAQ: TTD) Trading Performance Indicators
Take a look at Trade Desk Inc’s (TTD) current performance indicators. Last quarter, stock had a quick ratio of 1.80. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 26.78. Likewise, its price to free cash flow for the trailing twelve months is 118.92.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.51, a number that is poised to hit 0.39 in the next quarter and is forecasted to reach 1.88 in one year’s time.
Technical Analysis of Trade Desk Inc (TTD)
Analysing the last 5-days average volume posted by the [Trade Desk Inc, TTD], we can find that recorded value of 3.1 million was lower than the volume posted last year of 3.76 million. As of the previous 9 days, the stock’s Stochastic %D was 58.08%. Additionally, its Average True Range was 2.80.
During the past 100 days, Trade Desk Inc’s (TTD) raw stochastic average was set at 90.03%, which indicates a significant increase from 45.50% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 15.70% in the past 14 days, which was lower than the 38.59% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $110.78, while its 200-day Moving Average is $93.41. Now, the first resistance to watch is $120.37. This is followed by the second major resistance level at $121.56. The third major resistance level sits at $122.30. If the price goes on to break the first support level at $118.44, it is likely to go to the next support level at $117.70. Should the price break the second support level, the third support level stands at $116.51.
Trade Desk Inc (NASDAQ: TTD) Key Stats
The company with the Market Capitalisation of 58.25 billion has total of 491,578K Shares Outstanding. Its annual sales at the moment are 1,946 M in contrast with the sum of 178,940 K annual income. Company’s last quarter sales were recorded 584,550 K and last quarter income was 85,030 K.
