The Trade Desk with ticker code (TTD) now have 24 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The range between the high target price and low target price is between 90 and 26 calculating the mean target price we have $68.18. Given that the stocks previous close was at $64.34 this is indicating there is a potential upside of 6.0%. The day 50 moving average is $59.01 and the 200 day moving average is $54.85. The company has a market capitalization of $30,720m. Company Website: https://www.thetradedesk.com
The potential market cap would be $32,553m based on the market consensus.
The Trade Desk operates as a technology company in the United States and internationally. The company operates a self-service cloud-based platform that allows buyers to plan, manage, optimize, and measure data-driven digital advertising campaigns across various ad formats and channels, including video, display, audio, digital-out-of-home, native, and social on various devices, such as computers, mobile devices, televisions, and streaming devices. It also provides data and other value-added services. The company serves advertising agencies, brands, and other service providers for advertisers. The Trade Desk was incorporated in 2009 and is headquartered in Ventura, California.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 524.5, revenue per share of 3.24 and a 1.79% return on assets.
