On Monday, Trade Desk Inc (NASDAQ: TTD) opened higher 5.14% from the last session, before settling in for the closing price of $128.55. Price fluctuations for TTD have ranged from $61.47 to $132.65 over the past 52 weeks.
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During the last 5-year period, the sales growth of Technology Sector giant was 32.66%. Company’s average yearly earnings per share was noted 30.30% at the time writing. With a float of $447.01 million, this company’s outstanding shares have now reached $449.53 million.
Let’s determine the extent of company efficiency that accounts for 3115 employees. In terms of profitability, gross margin is 81.06%, operating margin of 16.29%, and the pretax margin is 19.33%.
Trade Desk Inc (TTD) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Software – Application industry is another important factor to consider. The insider ownership of Trade Desk Inc is 9.43%, while institutional ownership is 71.37%. The most recent insider transaction that took place on Nov 29 ’24, was worth 2,829,541. Before that another transaction happened on Nov 18 ’24, when Company’s Chief Financial Officer sold 3,131 for $117.97, making the entire transaction worth $369,364. This insider now owns 684,867 shares in total.
Trade Desk Inc (TTD) Recent Fiscal highlights
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 0.41 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 0.43) by -0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.31 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 30.30% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 25.33% 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
Check out the current performance indicators for Trade Desk Inc (TTD). In the past quarter, the stock posted a quick ratio of 1.85. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 28.97. Likewise, its price to free cash flow for the trailing twelve months is 126.76.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.62, a number that is poised to hit 0.57 in the next quarter and is forecasted to reach 1.93 in one year’s time.
Technical Analysis of Trade Desk Inc (TTD)
Looking closely at Trade Desk Inc (NASDAQ: TTD), its last 5-days average volume was 3.93 million, which is a jump from its year-to-date volume of 3.85 million. As of the previous 9 days, the stock’s Stochastic %D was 83.29%. Additionally, its Average True Range was 4.45.
During the past 100 days, Trade Desk Inc’s (TTD) raw stochastic average was set at 98.34%, which indicates a significant increase from 95.12% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 43.53% in the past 14 days, which was higher than the 42.76% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $119.60, while its 200-day Moving Average is $99.00. However, in the short run, Trade Desk Inc’s stock first resistance to watch stands at $138.37. Second resistance stands at $141.57. The third major resistance level sits at $147.01. If the price goes on to break the first support level at $129.73, it is likely to go to the next support level at $124.29. Now, if the price goes above the second support level, the third support stands at $121.09.
Trade Desk Inc (NASDAQ: TTD) Key Stats
There are currently 493,574K shares outstanding in the company with a market cap of 66.92 billion. Presently, the company’s annual sales total 1,946 M according to its annual income of 178,940 K. Last quarter, the company’s sales amounted to 628,020 K and its income totaled 94,160 K.
