News articles about Criteo SA (NASDAQ:CRTO) have been trending somewhat positive recently, according to AlphaOne Sentiment. AlphaOne, a unit of Accern, identifies positive and negative press coverage by analyzing more than twenty million news and blog sources in real time. AlphaOne ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Criteo SA earned a coverage optimism score of 0.06 on AlphaOne’s scale. AlphaOne also gave media stories about the information services provider an impact score of 50 out of 100, meaning that recent press coverage is somewhat likely to have an effect on the company’s share price in the near term.
Here are some of the media stories that may have effected Alpha One Sentiment Analysis’s rankings:
- EPS for Criteo SA (ADR) (CRTO) Expected At $0.27, Seven Generations Energy Ltd (TSE:VII) Covered By 7 Bullish Analysts Last Week (whatsonthorold.com)
- Applied Genetic Technologies Corp (AGTC) Receives $13.91 Consensus Target Price from Analysts (eleganthomesinla.com)
- TETRA Technologies, Inc. (TTI) Closed its Previous Trade at $3.75 (naijaoversabi.com)
- Criteo SA (CRTO) CFO Benoit Fouilland Sells 6,250 Shares (americanbankingnews.com)
- Criteo Releases New Apparel Trend Report: Reconciling the Tech with the Tactile (finance.yahoo.com)
A number of equities analysts have recently weighed in on the stock. Jefferies Group LLC reaffirmed a “buy” rating and set a $66.00 price target on shares of Criteo SA in a research note on Tuesday. Cowen and Company set a $60.00 price objective on shares of Criteo SA and gave the company a “buy” rating in a research note on Thursday, April 13th. Royal Bank of Canada reissued a “buy” rating and issued a $56.00 price objective on shares of Criteo SA in a research note on Wednesday, February 22nd. Susquehanna Bancshares Inc reissued a “neutral” rating and issued a $42.00 price objective (up from $37.00) on shares of Criteo SA in a research note on Thursday, February 23rd. Finally, Goldman Sachs Group Inc cut shares of Criteo SA from a “buy” rating to a “neutral” rating and increased their price objective for the company from $49.00 to $51.00 in a research note on Wednesday, March 29th. Five research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $52.00.
Shares of Criteo SA (NASDAQ:CRTO) traded up 0.08% during trading on Thursday, reaching $51.46. The company had a trading volume of 432,899 shares. The company has a 50 day moving average of $50.05 and a 200-day moving average of $43.52. The firm has a market capitalization of $3.17 billion, a P/E ratio of 41.17 and a beta of 2.79. Criteo SA has a 52-week low of $32.83 and a 52-week high of $52.87.
Criteo SA (NASDAQ:CRTO) last released its earnings results on Wednesday, February 22nd. The information services provider reported $0.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.16. The company earned $225 million during the quarter, compared to analyst estimates of $210.34 million. Criteo SA had a return on equity of 15.99% and a net margin of 4.96%. Criteo SA’s quarterly revenue was up 33.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.66 earnings per share. Equities analysts expect that Criteo SA will post $2.54 earnings per share for the current year.
In other Criteo SA news, insider Jean-Baptiste Rudelle sold 103,754 shares of the firm’s stock in a transaction on Tuesday, April 11th. The shares were sold at an average price of $50.27, for a total value of $5,215,713.58. Following the completion of the transaction, the insider now owns 2,626,119 shares of the company’s stock, valued at $132,015,002.13. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CFO Benoit Fouilland sold 6,250 shares of the firm’s stock in a transaction on Monday, April 17th. The stock was sold at an average price of $50.24, for a total transaction of $314,000.00. Following the completion of the transaction, the chief financial officer now directly owns 35,575 shares of the company’s stock, valued at approximately $1,787,288. The disclosure for this sale can be found here. In the last ninety days, insiders sold 434,500 shares of company stock valued at $21,492,753. 8.70% of the stock is currently owned by insiders.
About Criteo SA
Criteo SA is a France-based company specializing in digital performance marketing. Its solution consists of the Criteo Engine, the Company’s data assets, access to inventory, and its advertiser and publisher platforms. The Criteo Engine consists of various machine learning algorithms, such as prediction, recommendation, bidding and creative algorithms and the global hardware and software infrastructure.
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