Trade Desk Inc [NASDAQ: TTD] loss -1.28% or -1.55 points to close at $119.14 with a heavy trading volume of 5638681 shares.
The daily chart for TTD points out that the company has recorded 18.08% gains over the past six months.
If we look at the average trading volume of 3.73M shares, TTD reached to a volume of 5638681 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying 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 $138.24 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 1.70. 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.
JMP Securities have made an estimate for Trade Desk Inc shares, keeping their opinion on the stock as Mkt Outperform, with their previous recommendation back on January 21, 2025. While these analysts kept the previous recommendation, BMO Capital Markets raised their target price from $125 to $160. The new note on the price target was released on January 15, 2025, representing the official price target for Trade Desk Inc stock. Previously, the target price had yet another raise to $133, while Scotiabank analysts kept a Sector Perform rating on TTD stock. On November 25, 2024, analysts increased their price target for TTD shares from 85 to 115.
The Average True Range (ATR) for Trade Desk Inc is set at 3.98, with the Price to Sales ratio for TTD stock in the period of the last 12 months amounting to 25.46. The Price to Book ratio for the last quarter was 22.39, with the Price to Cash per share for the same quarter was set at 3.51. Price to Free Cash Flow for TTD in the course of the last twelve months was 111.39 with Quick ratio for the last quarter at 1.85.
Trading performance analysis for TTD stock
Trade Desk Inc [TTD] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.45. With this latest performance, TTD shares dropped by -5.62% in over the last four-week period, additionally plugging by 18.08% over the last 6 months – not to mention a rise of 71.70% 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 43.55, with the RSI for the last a single of trading hit 42.28, and the three-weeks RSI is set at 45.15 for Trade Desk Inc [TTD]. The present Moving Average for the last 50 days of trading for this stock 126.26, while it was recorded at 121.92 for the last single week of trading, and 106.24 for the last 200 days.
Trade Desk Inc [TTD]: A deeper dive into fundamental analysis
Trade Desk Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.85 and a Current Ratio set at 1.85.
Trade Desk Inc [TTD]: An earnings per share (EPS) analysis
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 24.00%.
An analysis of Institutional ownership at Trade Desk Inc [TTD]
There are presently around $81.88%, or 92.07%% 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%.
