Analyst Expects Trade Desk Inc (NASDAQ: TTD) To Make Big Moves

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Earlier, Yahoo Finance discussed this stock as it revealed The Trade Desk Reports Fourth Quarter and Fiscal Year 2023 Financial Results.

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Stocks Info

As a NASDAQ listed company, TTD falls under the Technology sector while operating within the Software – Application industry segment. At the end of the last regular session, the stock closed at $87.55 and fluctuated between $87.61 as its day high and $84.92 as its day low. The current market capitalization of Trade Desk Inc is $42.81B. A total of 3.42 million shares were traded on the day, compared to an average of 5.05M shares.

In the most recent transaction, Green Jeffrey Terry sold 75,000 shares of TTD for 85.42 per share on Mar 25 ’24. After the transaction, the President and CEO now owns 1,117,629 company shares. In a previous transaction on Mar 22 ’24, Green Jeffrey Terry sold 75,000 shares at 84.73 per share. TTD shares that President and CEO owns now total 1,192,629.

Among the insiders who sold shares, Green Jeffrey Terry disposed of 75,000 shares on Mar 21 ’24 at a per-share price of $84.78. This resulted in the President and CEO holding 1,267,629 shares of TTD after the transaction. In another insider transaction, FALBERG KATHRYN E sold 103,030 shares at $81.90 per share on Mar 08 ’24. Company shares held by the Director now total 242,609.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, TTD has a high of $94.00 and a low of $57.17.

As of this writing, TTD has an earnings estimate of $0.21 per share for the current quarter. EPS was calculated based on a consensus of 17 estimates, with a high estimate of $0.26 per share and a lower estimate of $0.17. The company reported an EPS of $0.33 in the last quarter, which was 13.80% higher than expectations of $0.29.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. TTD’s latest balance sheet shows that the firm has $958.78M in Cash & Short Term Investments as of fiscal 2021. There were $284.60M in debt and $1.80B in liabilities at the time. Its Book Value Per Share was $4.43, while its Total Shareholder’s Equity was $1.53B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for TTD is Buy with a score of 4.41.

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