More To Go Or Is It Over? – Criteo S.A ADR (CRTO)

Criteo S.A ADR (NASDAQ:CRTO) does about 456.48K shares in volume on a normal day but saw 790891 shares change hands in the recent trading day. The company now has a market cap of 2.28B USD. Its current market price is $41.57, marking an increase of 3.87% compared to the previous close of $40.02. The 52 week high reached by this stock is $49.93 whilst the lowest price level in 52 weeks is $23.87. The script in recent trading has seen the stock touch a high of $70 and a low of $36.

Criteo S.A ADR (CRTO) has a 20-day trading average at $36.75 and the current price is -16.74% off the 52-week high compared with 74.15% distance from its 52-week low. The 50-day simple moving average of the closing price is $39.32 and its 200-day simple moving average is $38.93. If we look at the stock’s price movements over the week, volatility stands at 3.31%, which increases to 3.90% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 63.72 to suggest the stock is neutral.

6 analysts observing the Criteo S.A ADR (CRTO) stock have set the 12-month price targets for the company’s shares at between $36 and $70. The consensus objective for the share price is $51.92, suggesting that the stock has a potential upside of 19.93% over the period. The median price target is 11.55% away from the current levels at $47.

FactSet Research has provided data showing that 6 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 4 analysts have rated it as a buy and 2 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Strong Buy the stock.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on October 29, 2024 when Wells Fargo initiated the stock to “Overweight” and issued a price target of $70. DA Davidson upgraded the stock to “Buy” from Neutral on August 06, 2024 at a price target of $43-$58.

The current price level is 13.12%, 5.72%, and 6.79% away from its SMA20, SMA50, and SMA200 respectively, with the CRTO price moving above the 50-day SMA on current market day. Criteo S.A ADR (CRTO) stock is up 8.69% over the week and 1.54% over the past month. Its price is 64.18% year-to-date and 67.35% over the past year.

The stock last released its quarterly earnings report for quarter ended 9/30/2024, with the company’s earnings per share (EPS) of 1.52 above consensus estimates by 0.28. The company’s next earnings report forecasts estimating quarterly EPS at 1.37 and 4.18 for whole year. Expected sales for next quarter are $259.55M, which analysts say will come at $1.12B for the current fiscal year and next year at $1.18B. In addition, estimates put the company’s current quarterly revenue at an average of $331.33M.

Its 12-month price target is $47. To reach the target analysts have set, the stock logically needs to grow 19.93 percent from here. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $36, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $70.

Outstanding shares total 55.77M with insiders holding 2.28% of the shares and institutional holders owning 98.52% of the company’s common stock. The company has a return on investment of 8.95% and return on equity of 9.92%. The price to earnings ratio (P/E ratio) amounts to 24.21 while the forward price to earnings ratio is 9.62. The beta has a value of 1.04. Price to book ratio is 2.17 and price to sales ratio is 1.17.