Criteo (CRTO) Scheduled to Post Earnings on Thursday

Criteo (NASDAQ:CRTO) will be issuing its quarterly earnings data before the market opens on Thursday, May 2nd. Analysts expect the company to announce earnings of $0.61 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Criteo (NASDAQ:CRTO) last released its quarterly earnings results on Wednesday, February 7th. The information services provider reported $1.24 EPS for the quarter, beating the consensus estimate of $0.94 by $0.30. The firm had revenue of $316.38 million for the quarter, compared to analyst estimates of $300.35 million. Criteo had a net margin of 2.73% and a return on equity of 10.42%. On average, analysts expect Criteo to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Criteo Stock Up 3.8 %

Shares of NASDAQ CRTO opened at $36.96 on Thursday. The firm has a market cap of $2.04 billion, a price-to-earnings ratio of 41.54 and a beta of 0.95. Criteo has a 52-week low of $22.10 and a 52-week high of $37.38. The business’s 50 day moving average is $34.03 and its two-hundred day moving average is $28.73.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on CRTO shares. TheStreet raised Criteo from a “c” rating to a “b-” rating in a research report on Friday, February 9th. JPMorgan Chase & Co. boosted their target price on Criteo from $27.00 to $31.00 and gave the company a “neutral” rating in a research report on Thursday, February 8th. Wells Fargo & Company raised Criteo from an “equal weight” rating to an “overweight” rating and boosted their target price for the company from $28.00 to $41.00 in a research report on Thursday, February 8th. StockNews.com raised Criteo from a “buy” rating to a “strong-buy” rating in a research report on Thursday, February 8th. Finally, Susquehanna boosted their price target on shares of Criteo from $26.00 to $33.00 and gave the stock a “neutral” rating in a research note on Thursday, February 8th. Five investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Criteo presently has an average rating of “Moderate Buy” and an average target price of $36.11.

Insiders Place Their Bets

In related news, CFO Sarah Js Glickman sold 5,504 shares of the business’s stock in a transaction on Tuesday, April 23rd. The shares were sold at an average price of $35.40, for a total transaction of $194,841.60. Following the completion of the transaction, the chief financial officer now owns 327,232 shares in the company, valued at $11,584,012.80. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In related news, CFO Sarah Js Glickman sold 5,504 shares of the business’s stock in a transaction on Tuesday, April 23rd. The shares were sold at an average price of $35.40, for a total transaction of $194,841.60. Following the completion of the transaction, the chief financial officer now owns 327,232 shares in the company, valued at $11,584,012.80. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Ryan Damon sold 7,959 shares of the company’s stock in a transaction on Monday, February 26th. The shares were sold at an average price of $32.69, for a total transaction of $260,179.71. Following the completion of the transaction, the insider now owns 144,545 shares of the company’s stock, valued at approximately $4,725,176.05. The disclosure for this sale can be found here. Insiders sold a total of 88,607 shares of company stock worth $2,932,315 over the last 90 days. Corporate insiders own 1.10% of the company’s stock.

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.