173 institutions hold shares in Criteo S.A. (CRTO), with 3.15M shares held by insiders accounting for 5.18% while institutional investors hold 86.48% of the company’s shares. The shares outstanding are 60.33M, and float is at 57.61M with Short Float at 5.42%. Institutions hold 82.00% of the Float.
The top institutional shareholder in the company is Neuberger Berman Group, LLC with over 6.15 million shares valued at $126.13 million. The investor’s holdings represent 10.12% of the CRTO Shares outstanding. As of Mar 30, 2021, the second largest holder is DnB Asset Management AS with 4.68 million shares valued at $162.68 million to account for 7.71% of the shares outstanding. The other top investors are AllianceBernstein, L.P. which holds 4.47 million shares representing 7.36% and valued at over $91.69 million, while Morgan Stanley holds 7.18% of the shares totaling 4.36 million with a market value of $89.47 million.
Criteo S.A. (NASDAQ: CRTO) is 88.74% higher on its value in year-to-date trading and has touched a low of $8.55 and a high of $39.43 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CRTO stock was last observed hovering at around $38.55 in the last trading session, with the day’s gains setting it 0.16% off its average median price target of $36.00 for the next 12 months. It is also 13.98% off the consensus price target high of $45.00 offered by 18 analysts, but current levels are -33.48% lower than the price target low of $29.00 for the same period.
Currently trading at $38.71, the stock is 6.15% and 12.65% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.29 million and changing 0.42% at the moment leaves the stock 86.79% off its SMA200. CRTO registered 287.49% gain for a year compared to 6-month gain of 180.91%. The firm has a 50-day simple moving average (SMA 50) of $34.95 and a 200-day simple moving average (SMA200) of $24.40.
The stock witnessed a 19.70% loss in the last 1 month and extending the period to 3 months gives it a 114.46%, and is 4.73% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.45% over the week and 4.99% over the month.
Criteo S.A. (CRTO) has around 2594 employees, a market worth around $2.35B and $2.07B in sales. Current P/E ratio is 33.57 and Fwd P/E is 17.03. Profit margin for the company is 3.50%. Distance from 52-week low is 352.75% and -1.83% from its 52-week high. The company has generated returns on investments over the last 12 months (6.80%).
Criteo S.A. (CRTO) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Criteo S.A. (CRTO) is a “Overweight”. 18 analysts offering their recommendations for the stock have an average rating of 2.30, where 6 rate it as a Hold and 1 think it is a “Overweight”. 10 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Criteo S.A. is expected to release its quarterly report on 08/04/2021 and quarterly earnings per share for the current quarter are estimated at $0.51 with sales reaching $201.07M over the same period.The EPS is expected to shrink by -16.20% this year, but quarterly earnings will post 4.60% year-over-year. Quarterly sales are estimated to shrink -1.90% in year-over-year returns.
Criteo S.A. (CRTO) Insider Activity
A total of 4 insider transactions have happened at Criteo S.A. (CRTO) in the last six months, with sales accounting for 4 and purchases happening 0 times. The most recent transaction is an insider sale by Damon Ryan, the company’s EVP, Gen Counsel, Secretary. SEC filings show that Damon Ryan sold 39 shares of the company’s common stock on Apr 26 at a price of $37.21 per share for a total of $1451.0. Following the sale, the insider now owns 0.13 million shares.
Criteo S.A. disclosed in a document filed with the SEC on Mar 15 that Damon Ryan (EVP, Gen Counsel, Secretary) sold a total of 709 shares of the company’s common stock. The trade occurred on Mar 15 and was made at $33.00 per share for $23397.0. Following the transaction, the insider now directly holds 0.13 million shares of the CRTO stock.
Still, SEC filings show that on Mar 12, Damon Ryan (EVP, Gen Counsel, Secretary) disposed off 730 shares at an average price of $33.00 for $24090.0. The insider now directly holds 134,772 shares of Criteo S.A. (CRTO).
Criteo S.A. (CRTO): Who are the competitors?
The company’s main competitors (and peers) include Alphabet Inc. (GOOGL) that is trading 91.39% up over the past 12 months. Short interest in the company’s stock has fallen -330.29% from the last report on Apr 14, 2021 to stand at a total of 3.12 million short shares sold with a short interest ratio of 3.69.