Criteo SA (NASDAQ:CRTO) has earned a consensus recommendation of “Hold” from the twenty-one analysts that are presently covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a sell recommendation, twelve have issued a hold recommendation, six have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price target among analysts that have covered the stock in the last year is $29.60.

Several analysts have recently weighed in on CRTO shares. SunTrust Banks set a $32.00 price target on Criteo and gave the stock a “buy” rating in a report on Thursday, February 14th. ValuEngine cut Criteo from a “hold” rating to a “sell” rating in a report on Thursday, February 14th. Berenberg Bank restated a “buy” rating and set a $40.00 price target on shares of Criteo in a report on Thursday, March 7th. BidaskClub cut Criteo from a “hold” rating to a “sell” rating in a report on Thursday, March 21st. Finally, Rosenblatt Securities restated a “neutral” rating and set a $23.00 price target (down from $35.00) on shares of Criteo in a report on Tuesday, March 26th.

In related news, CTO Dan Teodosiu sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, February 22nd. The stock was sold at an average price of $27.20, for a total value of $272,000.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 4.01% of the company’s stock.

Hedge funds have recently made changes to their positions in the stock. New York State Common Retirement Fund bought a new stake in Criteo in the fourth quarter valued at approximately $1,125,000. Ruffer LLP boosted its holdings in Criteo by 53.3% in the fourth quarter. Ruffer LLP now owns 46,000 shares of the information services provider’s stock valued at $1,045,000 after acquiring an additional 16,000 shares during the last quarter. Bank of America Corp DE boosted its holdings in Criteo by 28.8% in the fourth quarter. Bank of America Corp DE now owns 223,065 shares of the information services provider’s stock valued at $5,067,000 after acquiring an additional 49,881 shares during the last quarter. Quantamental Technologies LLC bought a new stake in Criteo in the first quarter valued at approximately $63,000. Finally, Stifel Financial Corp boosted its holdings in Criteo by 12.2% in the fourth quarter. Stifel Financial Corp now owns 17,874 shares of the information services provider’s stock valued at $409,000 after acquiring an additional 1,944 shares during the last quarter. Institutional investors and hedge funds own 83.49% of the company’s stock.

Shares of NASDAQ:CRTO traded down $0.72 during midday trading on Thursday, hitting $19.09. 346,077 shares of the stock were exchanged, compared to its average volume of 590,824. The stock has a market cap of $1.26 billion, a P/E ratio of 11.64, a price-to-earnings-growth ratio of 2.43 and a beta of 1.03. Criteo has a 12 month low of $17.74 and a 12 month high of $36.66.

Criteo (NASDAQ:CRTO) last released its quarterly earnings results on Tuesday, April 30th. The information services provider reported $0.34 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.21 by $0.13. The company had revenue of $235.69 million for the quarter, compared to analysts’ expectations of $234.24 million. Criteo had a return on equity of 10.75% and a net margin of 3.83%. The business’s quarterly revenue was down 2.0% compared to the same quarter last year. During the same period in the previous year, the business posted $0.60 earnings per share. Equities analysts forecast that Criteo will post 1.66 earnings per share for the current fiscal year.

About Criteo

Criteo SA, a technology company, provides an advertising platform for the open Internet in France and internationally. The company's Criteo Shopper Graph, which collects clients' proprietary commerce data, such as transaction activity on their digital properties. Its Criteo AI Engine solutions include Lookalike finder algorithms; recommendation algorithms; predictive bidding algorithms; bidding engine that executes campaigns based on certain objectives set by its clients; dynamic creative optimization+, which assembles customized creative advertising content by optimizing each individual creative component in the advertisement; software systems and processes, which enable data synchronization, storage, and analysis of distributed computing infrastructure in various geographies; and experimentation platform, an offline/online platform to enhance the capabilities and effectiveness of prediction models.

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Analyst Recommendations for Criteo (NASDAQ:CRTO)

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