The Trade Desk, Inc. with ticker code (TTD) have now 24 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price High/Low ranges between 90 and 26 and has a mean target at $68.18. Now with the previous closing price of $61.33 this would indicate that there is a potential upside of 11.2%. Also worth taking note is the 50 day moving average now sits at $57.25 and the 200 moving average now moves to $53.83. The market capitalization for the company is $29,621m. You can visit the company’s website by visiting: https://www.thetradedesk.com
The potential market cap would be $32,930m based on the market consensus.
The Trade Desk, Inc. 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, Inc. 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 551.73, revenue per share of 3.24 and a 1.79% return on assets.
