Trade Desk Inc (NASDAQ: TTD) is 2.69% higher on its value in year-to-date trading and has touched a low of $66.56 and a high of $141.53 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 TTD stock was last observed hovering at around $124.50 in the last trading session, with the day’s loss setting it -3.81%.
Currently trading at $120.69, the stock is -0.50% and -4.62% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.62 million and changing -3.06% at the moment leaves the stock 13.78% off its SMA200. TTD registered 80.54% gain for a year compared to 6-month gain of 20.16%. The firm has a 50-day simple moving average (SMA 50) of $126.6152 and a 200-day simple moving average (SMA200) of $105.89235.
The stock witnessed a -5.66% loss in the last 1 month and extending the period to 3 months gives it a 1.63%, and is 3.37% 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 2.79% over the week and 2.84% over the month.
Trade Desk Inc (TTD) has around 3115 employees, a market worth around $59.57B and $2.31B in sales. Current P/E ratio is 196.02 and Fwd P/E is 62.56. Profit margin for the company is 13.34%. Distance from 52-week low is 81.33% and -14.72% from its 52-week high. The company has generated returns on investments over the last 12 months (10.79%).
with sales reaching $759.66M over the same period.The EPS is expected to grow by 29.72% this year, but quarterly earnings will post 26.61% year-over-year. Quarterly sales are estimated to grow 25.40% in year-over-year returns.
1471.0 institutions hold shares in Trade Desk Inc (TTD), with institutional investors hold 92.07% of the company’s shares. The shares outstanding are 449.53M, and float is at 446.34M with Short Float at 2.25%. Institutions hold 81.88% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 42.29 million shares valued at $4.13 billion. The investor’s holdings represent 8.6552 of the TTD Shares outstanding. As of 2024-06-30, the second largest holder is BAILLIE GIFFORD & CO with 37.0 million shares valued at $3.61 billion to account for 7.5725 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 24.39 million shares representing 4.9924 and valued at over $2.38 billion, while MORGAN STANLEY holds 4.0281 of the shares totaling 19.68 million with a market value of $1.92 billion.
Trade Desk Inc (TTD) Insider Activity
Still, SEC filings show that on Jan 07 ’25, Green Jeffrey Terry (President and CEO) disposed off 18,207 shares at an average price of $125.44 for $2.28 million. The insider now directly holds 704,229 shares of Trade Desk Inc (TTD).
