DA Davidson Issues Pessimistic Estimate for Criteo Earnings

Criteo S.A. (NASDAQ:CRTO) – Equities researchers at DA Davidson reduced their FY2025 earnings per share estimates for shares of Criteo in a note issued to investors on Thursday, July 31st. DA Davidson analyst T. White now expects that the information services provider will post earnings per share of $3.34 for the year, down from their previous forecast of $3.65. DA Davidson has a “Buy” rating and a $38.00 price target on the stock. The consensus estimate for Criteo’s current full-year earnings is $3.09 per share. DA Davidson also issued estimates for Criteo’s FY2026 earnings at $3.27 EPS.

Criteo (NASDAQ:CRTO) last issued its quarterly earnings data on Wednesday, July 30th. The information services provider reported $0.92 earnings per share for the quarter, topping analysts’ consensus estimates of $0.70 by $0.22. The firm had revenue of $292.00 million for the quarter, compared to analyst estimates of $274.62 million. Criteo had a return on equity of 16.91% and a net margin of 7.10%. The business’s quarterly revenue was up 2.5% compared to the same quarter last year. During the same period last year, the company earned $1.08 EPS.

Other equities research analysts have also issued reports about the company. Stifel Nicolaus cut their price objective on Criteo from $42.00 to $41.00 and set a “buy” rating on the stock in a research report on Tuesday, July 22nd. Wells Fargo & Company cut their price objective on Criteo from $54.00 to $40.00 and set an “overweight” rating on the stock in a research report on Tuesday, July 29th. BMO Capital Markets lifted their price objective on Criteo from $49.00 to $51.00 and gave the stock an “outperform” rating in a research report on Thursday. JPMorgan Chase & Co. cut their price objective on Criteo from $39.00 to $27.00 and set a “neutral” rating on the stock in a research report on Monday, May 5th. Finally, Susquehanna lowered their target price on Criteo from $50.00 to $38.00 and set a “neutral” rating for the company in a research note on Wednesday, April 30th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $40.00.

Criteo Stock Performance

Shares of CRTO stock opened at $23.50 on Monday. The firm has a market cap of $1.25 billion, a P/E ratio of 9.83 and a beta of 0.43. Criteo has a fifty-two week low of $22.43 and a fifty-two week high of $49.93. The business’s 50 day moving average price is $24.40 and its 200-day moving average price is $31.35.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Y Intercept Hong Kong Ltd purchased a new position in Criteo during the second quarter valued at $4,224,000. VELA Investment Management LLC raised its stake in Criteo by 86.5% during the second quarter. VELA Investment Management LLC now owns 351,940 shares of the information services provider’s stock valued at $8,432,000 after buying an additional 163,196 shares during the last quarter. Blue Trust Inc. raised its stake in Criteo by 81.2% during the second quarter. Blue Trust Inc. now owns 2,878 shares of the information services provider’s stock valued at $69,000 after buying an additional 1,290 shares during the last quarter. Robeco Institutional Asset Management B.V. raised its stake in Criteo by 1.7% during the second quarter. Robeco Institutional Asset Management B.V. now owns 38,594 shares of the information services provider’s stock valued at $925,000 after buying an additional 655 shares during the last quarter. Finally, Jones Financial Companies Lllp raised its stake in shares of Criteo by 1,376.7% in the first quarter. Jones Financial Companies Lllp now owns 1,270 shares of the information services provider’s stock worth $45,000 after purchasing an additional 1,184 shares during the last quarter. Hedge funds and other institutional investors own 94.27% of the company’s stock.

Insider Activity

In other Criteo news, insider Ryan Damon sold 2,132 shares of Criteo stock in a transaction on Friday, May 23rd. The stock was sold at an average price of $25.81, for a total transaction of $55,026.92. Following the completion of the transaction, the insider owned 132,002 shares in the company, valued at approximately $3,406,971.62. The trade was a 1.59% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Sarah Js Glickman sold 2,465 shares of Criteo stock in a transaction on Friday, May 23rd. The shares were sold at an average price of $25.81, for a total value of $63,621.65. Following the transaction, the chief financial officer owned 362,710 shares of the company’s stock, valued at $9,361,545.10. The trade was a 0.68% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 12,708 shares of company stock worth $320,444 in the last quarter. 1.66% of the stock is owned by company insiders.

About Criteo

Criteo SA, a technology company, provides marketing and monetization services on the open Internet in North and South America, Europe, the Middle East, Africa, and the Asia-Pacific. The company's Criteo Shopper Graph, which derives clients' proprietary commerce data, such as transaction activity on their digital properties.