Trade Desk Inc [NASDAQ: TTD] closed the trading session at $103.51.
The stocks have a year to date performance of 43.84 percent and weekly performance of 0.33 percent. The stock has been moved at 21.16 percent over the last six months. The stock has performed 15.16 percent around the most recent 30 days and changed 10.46 percent over the most recent 3-months.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
If compared to the average trading volume of 3.53M shares, TTD reached to a volume of 2104927 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Trade Desk Inc [TTD]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TTD shares is $109.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TTD stock is a recommendation set at 1.74. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Wolfe Research have made an estimate for Trade Desk Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on July 16, 2024. While these analysts kept the previous recommendation, Oppenheimer raised their target price from $105 to $120. The new note on the price target was released on July 15, 2024, representing the official price target for Trade Desk Inc stock. Previously, the target price had yet another raise to $110, while Wedbush analysts kept a Outperform rating on TTD stock. On May 02, 2024, analysts increased their price target for TTD shares from 95 to 105.
The Average True Range (ATR) for Trade Desk Inc is set at 3.21, with the Price to Sales ratio for TTD stock in the period of the last 12 months amounting to 23.28. The Price to Book ratio for the last quarter was 21.15, with the Price to Cash per share for the same quarter was set at 3.08. Price to Free Cash Flow for TTD in the course of the last twelve months was 103.36 with Quick ratio for the last quarter at 1.80.
TTD stock trade performance evaluation
Trade Desk Inc [TTD] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.33. With this latest performance, TTD shares gained by 15.16% in over the last four-week period, additionally plugging by 21.16% over the last 6 months – not to mention a rise of 31.36% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TTD stock in for the last two-week period is set at 60.50, with the RSI for the last a single of trading hit 62.20, and the three-weeks RSI is set at 58.67 for Trade Desk Inc [TTD]. The present Moving Average for the last 50 days of trading for this stock 96.97, while it was recorded at 103.72 for the last single week of trading, and 84.03 for the last 200 days.
Trade Desk Inc [TTD]: An insightful look at the core fundamentals
Trade Desk Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.80 and a Current Ratio set at 1.80.
Earnings per share (EPS) analysis for Trade Desk Inc [TTD] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for TTD. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Trade Desk Inc go to 26.00%.
Trade Desk Inc [TTD]: Institutional Ownership
There are presently around $79.69%, or 80.40%% of TTD stock, in the hands of institutional investors. The top three institutional holders of TTD stocks are: VANGUARD GROUP INC with ownership of 42.29 million shares, which is approximately 8.6552%. BAILLIE GIFFORD & CO, holding 37.0 million shares of the stock with an approximate value of $$3.61 billion in TTD stocks shares; and BAILLIE GIFFORD & CO, currently with $$2.38 billion in TTD stock with ownership which is approximately 4.9924%.
