Quick Overview of Trade Desk

One of the losers of today's trading session was Trade Desk. Shares of the Software company plunged -3.1%, and some investors may be wondering if its price of $94.17 would make a good entry point. Here's what you should know if you are considering this investment:

  • Trade Desk has moved 30.3% over the last year, and the S&P 500 logged a change of 24.5%

  • TTD has an average analyst rating of buy and is -7.33% away from its mean target price of $101.62 per share

  • Its trailing earnings per share (EPS) is $0.4

  • Trade Desk has a trailing 12 month Price to Earnings (P/E) ratio of 235.4 while the S&P 500 average is 27.65

  • Its forward earnings per share (EPS) is $1.82 and its forward P/E ratio is 51.7

  • The company has a Price to Book (P/B) ratio of 21.24 in contrast to the S&P 500's average ratio of 4.59

  • Trade Desk is part of the Technology sector, which has an average P/E ratio of 32.54 and an average P/B of 4.25

  • TTD has reported YOY quarterly earnings growth of 215.1% and gross profit margins of 0.8%

  • The company has a free cash flow of $593.25 Million, 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 offers 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 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.