AcuityAds (AT) to Release Quarterly Earnings on Thursday

AcuityAds (TSE:ATGet Rating) is scheduled to be posting its quarterly earnings results before the market opens on Thursday, May 12th. Analysts expect AcuityAds to post earnings of C$0.05 per share for the quarter.

AcuityAds (TSE:ATGet Rating) last posted its quarterly earnings data on Thursday, March 10th. The company reported C$0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.08 by C($0.04). The firm had revenue of C$36.80 million during the quarter, compared to analyst estimates of C$36.29 million.

TSE:AT opened at C$3.86 on Thursday. The firm has a market capitalization of C$234.43 million and a price-to-earnings ratio of 21.44. AcuityAds has a 1 year low of C$2.67 and a 1 year high of C$15.72. The business has a 50 day simple moving average of C$3.74 and a 200-day simple moving average of C$4.34. The company has a debt-to-equity ratio of 9.74, a current ratio of 4.44 and a quick ratio of 4.33.

A number of equities research analysts recently issued reports on AT shares. Roth Capital decreased their price target on AcuityAds to C$3.50 and set a “hold” rating for the company in a research note on Monday. Royal Bank of Canada started coverage on AcuityAds in a research note on Monday, February 7th. They set a “sector perform” rating and a C$6.00 price target for the company. TD Securities decreased their price target on AcuityAds from C$8.00 to C$6.00 and set a “buy” rating for the company in a research note on Friday, March 11th. Finally, Canaccord Genuity Group decreased their price target on AcuityAds from C$13.00 to C$7.00 in a research note on Friday, March 11th. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of C$9.44.

About AcuityAds (Get Rating)

AcuityAds Holdings Inc, a technology company, provides digital media solutions. The company offers a programmatic marketing platform that enables advertisers to connect with their audiences across online display, video, social, and mobile campaigns. Its platform also allows advertisers to manage their purchasing of online display advertising in real-time using programmatic ad buying.

Further Reading

Earnings History for AcuityAds (TSE:AT)

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