Criteo (CRTO) Projected to Post Quarterly Earnings on Wednesday

Criteo (NASDAQ:CRTO) is projected to announce its earnings results before the market opens on Wednesday, February 5th. Analysts expect the company to announce earnings of $1.37 per share and revenue of $331.32 million for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

Criteo Stock Performance

NASDAQ:CRTO opened at $37.66 on Tuesday. Criteo has a fifty-two week low of $25.75 and a fifty-two week high of $49.93. The company has a 50 day moving average price of $40.08 and a 200 day moving average price of $41.56. The stock has a market capitalization of $2.08 billion, a P/E ratio of 25.62 and a beta of 1.05.

Analyst Ratings Changes

A number of brokerages have issued reports on CRTO. Susquehanna cut their price target on shares of Criteo from $50.00 to $36.00 and set a “neutral” rating on the stock in a research note on Thursday, October 31st. Wells Fargo & Company cut their target price on shares of Criteo from $66.00 to $63.00 and set an “overweight” rating on the stock in a research note on Thursday, January 16th. StockNews.com raised shares of Criteo from a “hold” rating to a “buy” rating in a research report on Friday. DA Davidson cut their price objective on Criteo from $58.00 to $53.00 and set a “buy” rating on the stock in a research report on Thursday, October 31st. Finally, Benchmark reiterated a “buy” rating and issued a $51.00 target price on shares of Criteo in a report on Tuesday, November 19th. Four analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat, Criteo currently has a consensus rating of “Moderate Buy” and an average price target of $49.89.

Insider Activity at Criteo

In other Criteo news, insider Ryan Damon sold 2,793 shares of the firm’s stock in a transaction on Friday, December 13th. The shares were sold at an average price of $42.54, for a total transaction of $118,814.22. Following the transaction, the insider now directly owns 115,646 shares of the company’s stock, valued at approximately $4,919,580.84. This trade represents a 2.36 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Brian Gleason sold 1,924 shares of the company’s stock in a transaction dated Friday, January 31st. The shares were sold at an average price of $38.08, for a total transaction of $73,265.92. Following the completion of the sale, the insider now directly owns 137,161 shares of the company’s stock, valued at $5,223,090.88. The trade was a 1.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 21,541 shares of company stock valued at $860,406 in the last ninety days. Insiders own 1.71% of the company’s stock.

Criteo Company Profile

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.