During the last three months, 6 analysts shared their evaluations of Criteo CRTO, revealing diverse outlooks from bullish to bearish.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 1 | 4 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 0 | 0 | 1 | 0 | 0 |
| 3M Ago | 0 | 1 | 3 | 0 | 0 |
In the assessment of 12-month price targets, analysts unveil insights for Criteo, presenting an average target of $35.17, a high estimate of $41.00, and a low estimate of $31.00. This upward trend is apparent, with the current average reflecting a 29.3% increase from the previous average price target of $27.20.
Understanding Analyst Ratings: A Comprehensive Breakdown
In examining recent analyst actions, we gain insights into how financial experts perceive Criteo. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Mark Zgutowicz | Benchmark | Maintains | Buy | $40.00 | - |
| Tom White | DA Davidson | Raises | Neutral | $35.00 | $27.00 |
| Doug Anmuth | JP Morgan | Raises | Neutral | $31.00 | $27.00 |
| Brian Pitz | BMO Capital | Raises | Market Perform | $31.00 | $28.00 |
| Shyam Patil | Susquehanna | Raises | Neutral | $33.00 | $26.00 |
| Brian Fitzgerald | Wells Fargo | Raises | Overweight | $41.00 | $28.00 |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Criteo. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Criteo compared to the broader market.
- Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Criteo's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
Stay up to date on Criteo analyst ratings.
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About Criteo
Headquartered in Paris, Criteo is one of the leading ad-tech companies in the digital advertising market. Its technology, allows retailer advertisers to launch multichannel and cross-device marketing campaigns in real time. With real-time return on investment analysis of the ads, the firm's clients can adjust their marketing strategies dynamically. The firm also provides technology allowing retailers to effectively manage their ad inventories and improve yield optimization.
A Deep Dive into Criteo's Financials
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
Revenue Growth: Over the 3 months period, Criteo showcased positive performance, achieving a revenue growth rate of 0.33% as of 31 December, 2023. This reflects a substantial increase in the company's top-line earnings. When compared to others in the Communication Services sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Criteo's net margin excels beyond industry benchmarks, reaching 10.77%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Criteo's ROE stands out, surpassing industry averages. With an impressive ROE of 5.85%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Criteo's ROA stands out, surpassing industry averages. With an impressive ROA of 2.67%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: With a below-average debt-to-equity ratio of 0.11, Criteo adopts a prudent financial strategy, indicating a balanced approach to debt management.
The Significance of Analyst Ratings Explained
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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