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In-Depth Examination Of 4 Analyst Recommendations For Criteo

Author: Benzinga Insights | January 09, 2024 09:00am

Criteo (NASDAQ:CRTO) underwent analysis by 4 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.

The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 0 1 3 0 0
Last 30D 0 0 1 0 0
1M Ago 0 0 0 0 0
2M Ago 0 0 0 0 0
3M Ago 0 1 2 0 0

Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $29.0, with a high estimate of $40.00 and a low estimate of $22.00. This current average represents a 21.62% decrease from the previous average price target of $37.00.

price target chart

Deciphering Analyst Ratings: An In-Depth Analysis

A clear picture of Criteo's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Brian Pitz BMO Capital Announces Market Perform $28.00 -
Shyam Patil Susquehanna Lowers Neutral $26.00 $36.00
Brian Nowak Morgan Stanley Lowers Equal-Weight $22.00 $38.00
Justin Patterson Keybanc Announces Overweight $40.00 -

Key Insights:

  • Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Criteo. This offers insight into analysts' perspectives on the current state of the company.
  • Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Criteo compared to the broader market.
  • Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Criteo's stock. This comparison reveals trends in analysts' expectations over time.

Capture valuable insights into Criteo's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.

Stay up to date on Criteo analyst ratings.

If you are interested in following small-cap stock news and performance you can start by tracking it here.

Discovering Criteo: A Closer Look

Headquartered in Paris, Criteo is one of the leading ad-tech companies in the digital advertising market. Its technology, allows retailer advertisers to launch multichannel and cross-device marketing campaigns in real time. With real-time return on investment analysis of the ads, the firm's clients can adjust their marketing strategies dynamically. The firm also provides technology allowing retailers to effectively manage their ad inventories and improve yield optimization.

Criteo: Delving into Financials

Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.

Revenue Growth: Criteo's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2023, the company achieved a revenue growth rate of approximately 4.98%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Communication Services sector.

Net Margin: Criteo's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of 1.48%, the company may face hurdles in effective cost management.

Return on Equity (ROE): Criteo's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 0.69%, the company may face hurdles in achieving optimal financial performance.

Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of 0.32%, the company may need to address challenges in generating satisfactory returns from its assets.

Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.12.

How Are Analyst Ratings Determined?

Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: CRTO

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