Post-Trade Analysis: Trade Desk Inc (TTD) Climbs 0.36, Closing at 93.11

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After finishing at $92.78 in the prior trading day, Trade Desk Inc (NASDAQ: TTD) closed at $93.11, up 0.36%. In other words, the price has increased by $0.36 from its previous closing price. On the day, 1.94 million shares were traded. TTD stock price reached its highest trading level at $94.29 during the session, while it also had its lowest trading level at $91.54.


Our goal is to gain a better understanding of TTD by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 32.08 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 82.60. For the most recent quarter (mrq), Quick Ratio is recorded 1.79 and its Current Ratio is at 1.79. In the meantime, Its Debt-to-Equity ratio is 0.11 whereas as Long-Term Debt/Eq ratio is at 0.08.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Jefferies on May 02, 2024, Upgraded its rating to Buy and sets its target price to $105 from $95 previously.

On February 23, 2024, BTIG Research reiterated its Buy rating and also lowered its target price recommendation from $91 to $98.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Apr 30 ’24 when Green Jeffrey Terry sold 63,936 shares for $84.08 per share. The transaction valued at 5,375,807 led to the insider holds 760,086 shares of the business.

Green Jeffrey Terry sold 75,000 shares of TTD for $6,335,331 on Apr 29 ’24. The President and CEO now owns 824,022 shares after completing the transaction at $84.47 per share. On Apr 26 ’24, another insider, Green Jeffrey Terry, who serves as the President and CEO of the company, sold 75,000 shares for $85.13 each. As a result, the insider received 6,384,750 and left with 899,022 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TTD now has a Market Capitalization of 45542617088 and an Enterprise Value of 44360720384. As of this moment, Trade’s Price-to-Earnings (P/E) ratio for their current fiscal year is 231.21, and their Forward P/E ratio for the next fiscal year is 51.64. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 9.63. For the stock, the TTM Price-to-Sale (P/S) ratio is 22.17 while its Price-to-Book (P/B) ratio in mrq is 21.00. Its current Enterprise Value per Revenue stands at 21.591 whereas that against EBITDA is 138.061.

Stock Price History:

Over the past 52 weeks, TTD has reached a high of $97.65, while it has fallen to a 52-week low of $60.23. The 50-Day Moving Average of the stock is 6.43%, while the 200-Day Moving Average is calculated to be 19.19%.

Shares Statistics:

The stock has traded on average 3.54M shares per day over the past 3-months and 2481830 shares per day over the last 10 days, according to various share statistics. A total of 445.00M shares are outstanding, with a floating share count of 441.54M. Insiders hold about 9.73% of the company’s shares, while institutions hold 68.49% stake in the company. Shares short for TTD as of 1715731200 were 9168396 with a Short Ratio of 2.59, compared to 1713139200 on 8849973. Therefore, it implies a Short% of Shares Outstanding of 9168396 and a Short% of Float of 2.08.

Earnings Estimates

A detailed examination of Trade Desk Inc (TTD) is currently in progress, with 16.0 analysts providing valuable insights into its market dynamics.On average, analysts expect EPS of $0.35 for the current quarter, with a high estimate of $0.4 and a low estimate of $0.3, while EPS last year was $0.28. The consensus estimate for the next quarter is $0.37, with high estimates of $0.43 and low estimates of $0.3.

Analysts are recommending an EPS of between $1.69 and $1.34 for the fiscal current year, implying an average EPS of $1.53. EPS for the following year is $1.82, with 18.0 analysts recommending between $2.18 and $1.44.

Revenue Estimates

25 analysts predict $576.84M in revenue for the current quarter. It ranges from a high estimate of $581.83M to a low estimate of $574.77M. As of the current estimate, Trade Desk Inc’s year-ago sales were $464.25MFor the next quarter, 25 analysts are estimating revenue of $603.89M. There is a high estimate of $620.1M for the next quarter, whereas the lowest estimate is $580.76M.

A total of 29 analysts have provided revenue estimates for TTD’s current fiscal year. The highest revenue estimate was $2.45B, while the lowest revenue estimate was $2.36B, resulting in an average revenue estimate of $2.41B. In the same quarter a year ago, actual revenue was $1.95BBased on 29 analysts’ estimates, the company’s revenue will be $2.91B in the next fiscal year. The high estimate is $3.16B and the low estimate is $2.71B.

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