TTD

Don't Buy The Trade Desk Before Checking Its Fundamentals!

More and more people are talking about The Trade Desk over the last few weeks. Is it worth buying the Data Processing Services stock at a price of $61.19? Only time will tell. The information below will give you a basic idea of what this investment may entail:

  • The Trade Desk has moved -7.2% over the last year, and the S&P 500 logged a change of -6.8%

  • TTD has an average analyst rating of buy and is -10.25% away from its mean target price of $68.18 per share

  • Its trailing earnings per share (EPS) is $0.11

  • The Trade Desk has a trailing 12 month Price to Earnings (P/E) ratio of 556.3 while the S&P 500 average is 15.97

  • Its forward earnings per share (EPS) is $1.43 and its forward P/E ratio is 42.8

  • The company has a Price to Book (P/B) ratio of 14.2 in contrast to the S&P 500's average ratio of 2.95

  • The Trade Desk is part of the Technology sector, which has an average P/E ratio of 27.16 and an average P/B of 6.23

  • TTD has reported YOY quarterly earnings growth of 770.4% and gross profit margins of 0.8%

  • The company has a free cash flow of $485,791,744.00, which refers to the total sum of all its inflows and outflows of cash over the last quarter

  • 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 above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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