Teads (NASDAQ:TEAD) Receives “Market Perform” Rating from Citizens Jmp

Citizens Jmp restated their market perform rating on shares of Teads (NASDAQ:TEAD) in a research note published on Friday morning, Marketbeat reports.

TEAD has been the topic of a number of other research reports. Needham & Company LLC lowered their price objective on Teads from $3.50 to $1.00 and set a “buy” rating on the stock in a research note on Friday. Citigroup dropped their price objective on Teads from $3.90 to $3.40 and set a “neutral” rating for the company in a research note on Tuesday, July 29th. Wall Street Zen raised shares of Teads from a “sell” rating to a “hold” rating in a research report on Saturday, August 2nd. Weiss Ratings reissued a “sell (d-)” rating on shares of Teads in a research report on Wednesday, October 8th. Finally, JMP Securities decreased their price target on Teads from $10.00 to $5.00 and set a “market outperform” rating for the company in a report on Friday, August 8th. Two investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $3.13.

Teads Price Performance

TEAD stock traded down $0.07 during trading on Friday, hitting $0.73. 2,239,757 shares of the company traded hands, compared to its average volume of 705,796. The firm has a market capitalization of $69.01 million, a P/E ratio of -0.69 and a beta of 1.28. Teads has a 1 year low of $0.70 and a 1 year high of $7.87. The stock’s 50-day moving average is $1.57. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 1.13.

Teads (NASDAQ:TEAD) last announced its quarterly earnings results on Thursday, November 6th. The company reported ($0.17) earnings per share for the quarter, missing the consensus estimate of ($0.15) by ($0.02). The business had revenue of $318.77 million during the quarter. Teads had a negative net margin of 7.53% and a negative return on equity of 9.14%.

About Teads

Outbrain Inc, together with its subsidiaries, operates an online content recommendation platform worldwide. It offers Outbrain Engage, a product suite for media partners that provides personalized feeds and data-driven recommendations, as well as a solution to maximize user engagement. The company’s Outbrain Engage solution also includes a web-based dashboard to manage and control various aspects of the platform, including content, formats, sources, frequency, and categories of ads delivered on their properties, as well as monetizes the content through customized data-driven advertising.