Should I buy or sell TechTarget stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for TechTarget in the last year. There are currently 2 sell ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" TTGT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TTGT, but not buy additional shares or sell existing shares. View TTGT analyst ratings or view top-rated stocks .

What is TechTarget's stock price target for 2024?

6 brokers have issued 12-month price targets for TechTarget's shares. Their TTGT share price targets range from $30.00 to $50.00. On average, they anticipate the company's share price to reach $40.33 in the next twelve months. This suggests a possible upside of 47.7% from the stock's current price. View analysts price targets for TTGT or view top-rated stocks among Wall Street analysts .

How have TTGT shares performed in 2024?

TechTarget's stock was trading at $34.86 at the start of the year. Since then, TTGT stock has decreased by 21.7% and is now trading at $27.31. View the best growth stocks for 2024 here .

When is TechTarget's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our TTGT earnings forecast .

How can I listen to TechTarget's earnings call?

TechTarget will be holding an earnings conference call on Thursday, May 9th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 929-458-6194 with passcode "785904".

How were TechTarget's earnings last quarter?

TechTarget, Inc. (NASDAQ:TTGT) posted its quarterly earnings results on Wednesday, February, 7th. The information services provider reported $0.11 EPS for the quarter, meeting the consensus estimate of $0.11. The information services provider had revenue of $57.29 million for the quarter, compared to the consensus estimate of $56.73 million. TechTarget had a net margin of 1.94% and a trailing twelve-month return on equity of 8.53%.

What ETFs hold TechTarget's stock?

ETFs with the largest weight of TechTarget (NASDAQ:TTGT) stock in their portfolio include SmartETFs Advertising & Marketing Technology ETF (MRAD) and Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU) . Pacer US Small Cap Cash Cows Growth Leaders ETF (CAFG) .

What guidance has TechTarget issued on next quarter's earnings?

TechTarget updated its first quarter 2024 earnings guidance on Wednesday, February, 7th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $50.0 million-$52.0 million, compared to the consensus revenue estimate of $52.2 million.

What is Mike Cotoia's approval rating as TechTarget's CEO?

95 employees have rated TechTarget Chief Executive Officer Mike Cotoia on Glassdoor.com . Mike Cotoia has an approval rating of 88% among the company's employees.

What other stocks do shareholders of TechTarget own?

Based on aggregate information from My MarketBeat watchlists, some companies that other TechTarget investors own include Advanced Micro Devices (AMD) , NVIDIA (NVDA) , Trevena (TRVN) , Proofpoint (PFPT) , AbbVie (ABBV) , DocuSign (DOCU) , Exelixis (EXEL) , Micron Technology (MU) , Netflix (NFLX) and OPKO Health (OPK) .

How do I buy shares of TechTarget?

Shares of TTGT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Does TechTarget have any subsidiaries?

The following companies are subsidiares of TechTarget: Data Science Central. Read More

Positive News SentimentPositive News

NASDAQ:TTGT

TechTarget (TTGT) Stock Price, News & Analysis

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$27.25

-0.18 (-0.66%)

(As of 05:17 PM ET)

Compare

Today's Range: $27.14
▼
$28.25
50-Day Range: $27.43
▼
$35.03
52-Week Range: $23.43
▼
$41.93

Volume: 95,615 shs
Average Volume: 149,695 shs
Market Capitalization: $777.99 million

P/E Ratio: 170.32
Dividend Yield: N/A
Price Target: $40.33

Get TechTarget alerts:

TechTarget MarketRank™ Stock Analysis

Analyst Rating: Hold
2.33 Rating Score
Upside/Downside: 47.7% Upside
$40.33 Price Target
Short Interest: Bearish
3.56% of Float Sold Short
Dividend Strength: N/A
Sustainability: -1.57
Upright™ Environmental Score
News Sentiment: N/A
Insider Trading: Selling Shares
$878,223 Sold Last Quarter
Proj. Earnings Growth: 45.16%
From $0.62 to $0.90 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.28 out of 5 stars

Computer And Technology Sector

141st out of 586 stocks

Telegraph & Other Communications Industry

2nd out of 2 stocks

3.2

Analyst's Opinion

Consensus Rating
TechTarget has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 4 buy ratings, no hold ratings, and 2 sell ratings.
Amount of Analyst Coverage
TechTarget has only been the subject of 3 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
3.56% of the float of TechTarget has been sold short.
Short Interest Ratio / Days to Cover
TechTarget has a short interest ratio ("days to cover") of 6.
Change versus previous month
Short interest in TechTarget has recently increased by 0.85%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
TechTarget does not currently pay a dividend.
Dividend Growth
TechTarget does not have a long track record of dividend growth.

2.2

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
TechTarget has received a 6.60% net impact score from Upright. Techtarget seems to create the most significant positive value in categories "Taxes", "Jobs", and "Societal infrastructure". The positive contribution in the "Societal infrastructure" impact category is driven by its "Consumer data software", "Market intelligence data provision", and "Customer acquisition software" products. See details.
Environmental Sustainability
The Environmental Impact score for TechTarget is -1.57.

3.3

News and Social Media Coverage

News Sentiment
TechTarget has a news sentiment score of 1.87. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.49 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 1 news article for TechTarget this week, compared to 3 articles on an average week.
Search Interest
2 people have searched for TTGT on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added TechTarget to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, TechTarget insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $878,223.00 in company stock.
Percentage Held by Insiders
Only 9.90% of the stock of TechTarget is held by insiders.
Percentage Held by Institutions
93.52% of the stock of TechTarget is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for TechTarget are expected to grow by 45.16% in the coming year, from $0.62 to $0.90 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of TechTarget is 170.70, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 140.57.
Price to Earnings Ratio vs. Sector
The P/E ratio of TechTarget is 170.70, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 238.69.
Price to Earnings Growth Ratio
TechTarget has a PEG Ratio of 8.31. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
TechTarget has a P/B Ratio of 3.48. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About TechTarget Stock (NASDAQ:TTGT)

TechTarget, Inc., together with its subsidiaries, provides marketing and sales services that deliver business impact for business-to-business technology companies in North America and internationally. The company's service enables technology vendors to identify, reach, and influence corporate information technology (IT) decision-makers actively researching specific IT purchases; and customized marketing programs that integrate demand generation, brand advertising techniques, and content curation and creation. It offers business to business services, such as IT Deal Alert, a suite of data, software, and services comprising Priority Engine and Qualified Sales Opportunities to identify and prioritize accounts and individuals actively researching new technology purchases or upgrades; demand solutions provides marketing programs, including white papers, webcasts, podcasts, videocasts, virtual trade shows, and content sponsorships; brand solutions which includes on-network banner advertising and digital sponsorships, off-network banner targeting, and microsites and related formats; custom content creation that delivers market insights and guidance to technology companies and off-the-shelf editorial sponsorship products on topics aligned to customer markets; and BrightTALK platform which allows customers to create, host and promote webinars, virtual events, and video content. In addition, the company operates websites, webinars, and virtual event channels that focus on a specific IT sector, such as storage, security, or networking; and enables registered members to conduct their pre-purchase research by accessing vendor supplied content through its virtual event and webinar channels, and website networks. TechTarget, Inc. was incorporated in 1999 and is headquartered in Newton, Massachusetts.

TTGT Stock Price History

30 days | 90 days | 365 days | Advanced Chart

TTGT Stock News Headlines

April 18, 2024 | americanbankingnews.com

TechTarget, Inc. (NASDAQ:TTGT) Receives Average Recommendation of "Hold" from Brokerages

April 10, 2024 | finance.yahoo.com

TechTarget Announces Launch of Priority Engine Account Intent Feeds to Help Go-to-Market Teams Identify, Engage & Convert In-Market Accounts More Effectively

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

April 10, 2024 | businesswire.com

TechTarget Announces Launch of Priority Engine Account Intent Feeds to Help Go-to-Market Teams Identify, Engage & Convert In-Market Accounts More Effectively

April 3, 2024 | businesswire.com

TechTarget to Announce 2024 First Quarter Financial Results on May 9, 2024

March 17, 2024 | finance.yahoo.com

TTGT Apr 2024 30.000 call

March 17, 2024 | finance.yahoo.com

TTGT Apr 2024 35.000 put

March 14, 2024 | seekingalpha.com

Altair Engineering: Strong Tailwinds To Drive Growth With Potential Downside Protection

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

March 12, 2024 | finance.yahoo.com

theCUBE Research Announces Mike Beaudet as Head of Sales

March 7, 2024 | finance.yahoo.com

Should You Investigate TechTarget, Inc. (NASDAQ:TTGT) At US$30.90?

February 22, 2024 | investorplace.com

7 Terrific Tech Stocks to Buy Instead of the Magnificent 7

February 15, 2024 | businesswire.com

TechTarget Announces Second Annual Partner Marketing Visionaries Summit on March 12-13, 2024

February 15, 2024 | businesswire.com

TechTarget Announces Second Annual Partner Marketing Visionaries Summit on March 12-13, 2024

February 14, 2024 | finance.yahoo.com

TechTarget's Enterprise Strategy Group Welcomes Industry Veteran Simon Robinson to Bolster Coverage of Modern Infrastructure Technology Markets

February 13, 2024 | finance.yahoo.com

DELL Feb 2024 70.000 put

February 12, 2024 | finance.yahoo.com

TechTarget Partners with G2 to Provide B2B Technology Buyers Unparalleled Access to Decision Support Content that Uniquely Meets Their Research Needs Across the Entire Purchase Cycle

February 8, 2024 | markets.businessinsider.com

Wall Street Analysts Are Neutral on Top Communication Services Picks

February 8, 2024 | finance.yahoo.com

TechTarget, Inc. (NASDAQ:TTGT) Q4 2023 Earnings Call Transcript

February 8, 2024 | finance.yahoo.com

Q4 2023 TechTarget Inc Earnings Call

February 7, 2024 | sfgate.com

TechTarget: Q4 Earnings Snapshot

February 7, 2024 | finance.yahoo.com

TechTarget (TTGT) Surpasses Q4 Earnings and Revenue Estimates

February 7, 2024 | finance.yahoo.com

TechTarget Inc (TTGT) Faces Headwinds Amidst Revenue Decline and Net Loss in Q4

February 7, 2024 | businesswire.com

TechTarget Reports Fourth Quarter and Full Year 2023 Financial Results Conference Call and Webcast

February 7, 2024 | markets.businessinsider.com

TechTarget earnings preview: what Wall Street is expecting

February 6, 2024 | msn.com

TechTarget Q4 2023 Earnings Preview

January 31, 2024 | markets.businessinsider.com

Analyst Scoreboard: 7 Ratings For TechTarget

See More Headlines

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Company Calendar

Last Earnings: 2/07/2024
Today: 4/18/2024
Next Earnings (Confirmed): 5/09/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Telegraph & other communications
Sub-Industry: Internet Software & Services
Current Symbol: NASDAQ:TTGT
CUSIP: 87874R10
CIK: 1293282
Web: www.techtarget.com
Phone: (617) 431-9200
Fax: 617-431-9201
Employees: 960
Year Founded: 1999

Price Target and Rating

Average Stock Price Target: $40.33
High Stock Price Target: $50.00
Low Stock Price Target: $30.00
Potential Upside/Downside: +47.7%
Consensus Rating: Hold
Rating Score (0-4): 2.33
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.16
Trailing P/E Ratio: 170.70
Forward P/E Ratio: 44.05
P/E Growth: 8.31
Net Income: $4.46 million
Net Margins: 1.94%
Pretax Margin: 6.27%
Return on Equity: 8.53%
Return on Assets: 2.51%

Debt

Debt-to-Equity Ratio: 1.84
Current Ratio: 10.04
Quick Ratio: 10.04

Sales & Book Value

Annual Sales: $229.96 million
Price / Sales: 3.39
Cash Flow: $1.27 per share
Price / Cash Flow: 21.47
Book Value: $7.85 per share
Price / Book: 3.48

Miscellaneous

Outstanding Shares: 28,550,000
Free Float: 25,721,000
Market Cap: $779.70 million
Optionable: Optionable
Beta: 0.94

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Key Executives

Mr. Michael Cotoia (Age 52)
CEO & Director
Comp: $803.5k
Mr. Don Hawk (Age 53)
Co-Founder & Executive Director of Product Innovation
Comp: $574k
Mr. Daniel T. Noreck CPA (Age 52)
CFO & Treasurer
Comp: $305k
Ms. Rebecca Kitchens (Age 46)
President
Mr. Steven Niemiec (Age 42)
COO & Chief Revenue Officer
Mr. Sean Tierney
Chief Technology Officer
Mr. Charles D. Rennick (Age 42)
VP, General Counsel & Corporate Secretary
Ms. Gabrielle DeRussy
Senior Vice President of Sales Operations
Mr. John Steinert
Chief Marketing Officer
Michelle Wilcon
Senior Vice President of Human Resources

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

TTGT Stock Analysis - Frequently Asked Questions

Should I buy or sell TechTarget stock right now?: 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for TechTarget in the last year. There are currently 2 sell ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" TTGT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TTGT, but not buy additional shares or sell existing shares.
View TTGT analyst ratings or view top-rated stocks.
What is TechTarget's stock price target for 2024?: 6 brokers have issued 12-month price targets for TechTarget's shares. Their TTGT share price targets range from $30.00 to $50.00. On average, they anticipate the company's share price to reach $40.33 in the next twelve months. This suggests a possible upside of 47.7% from the stock's current price.
View analysts price targets for TTGT or view top-rated stocks among Wall Street analysts.
How have TTGT shares performed in 2024?: TechTarget's stock was trading at $34.86 at the start of the year. Since then, TTGT stock has decreased by 21.7% and is now trading at $27.31.
View the best growth stocks for 2024 here.
When is TechTarget's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our TTGT earnings forecast.
How can I listen to TechTarget's earnings call?: TechTarget will be holding an earnings conference call on Thursday, May 9th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 929-458-6194 with passcode "785904".
How were TechTarget's earnings last quarter?: TechTarget, Inc. (NASDAQ:TTGT) posted its quarterly earnings results on Wednesday, February, 7th. The information services provider reported $0.11 EPS for the quarter, meeting the consensus estimate of $0.11. The information services provider had revenue of $57.29 million for the quarter, compared to the consensus estimate of $56.73 million. TechTarget had a net margin of 1.94% and a trailing twelve-month return on equity of 8.53%.

What ETFs hold TechTarget's stock?: ETFs with the largest weight of TechTarget (NASDAQ:TTGT) stock in their portfolio include SmartETFs Advertising & Marketing Technology ETF (MRAD) and Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU).Pacer US Small Cap Cash Cows Growth Leaders ETF (CAFG).
What guidance has TechTarget issued on next quarter's earnings?: TechTarget updated its first quarter 2024 earnings guidance on Wednesday, February, 7th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $50.0 million-$52.0 million, compared to the consensus revenue estimate of $52.2 million.
What is Mike Cotoia's approval rating as TechTarget's CEO?: 95 employees have rated TechTarget Chief Executive Officer Mike Cotoia on Glassdoor.com. Mike Cotoia has an approval rating of 88% among the company's employees.
What other stocks do shareholders of TechTarget own?: Based on aggregate information from My MarketBeat watchlists, some companies that other TechTarget investors own include Advanced Micro Devices (AMD), NVIDIA (NVDA), Trevena (TRVN), Proofpoint (PFPT), AbbVie (ABBV), DocuSign (DOCU), Exelixis (EXEL), Micron Technology (MU), Netflix (NFLX) and OPKO Health (OPK).
How do I buy shares of TechTarget?: Shares of TTGT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
Does TechTarget have any subsidiaries?: The following companies are subsidiares of TechTarget: Data Science Central.
Read More

This page (NASDAQ:TTGT) was last updated on 4/18/2024 by MarketBeat.com Staff

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TechTarget (TTGT) Stock Price, News & Analysis

TechTarget MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About TechTarget Stock (NASDAQ:TTGT)

TTGT Stock Price History

TTGT Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

TTGT Stock Analysis - Frequently Asked Questions

Overall MarketRank^™