One of the losers of today's trading session was Trade Desk. Shares of the Software company plunged -2.5%, and some investors may be wondering if its price of $60.43 would make a good entry point. Here's what you should know if you are considering this investment:
-
Trade Desk has moved -28.9% over the last year, and the S&P 500 logged a change of 10.1%
-
TTD has an average analyst rating of buy and is -44.86% away from its mean target price of $109.58 per share
-
Its trailing earnings per share (EPS) is $0.78
-
Trade Desk has a trailing 12 month Price to Earnings (P/E) ratio of 77.5 while the S&P 500 average is 29.3
-
Its forward earnings per share (EPS) is $1.93 and its forward P/E ratio is 31.3
-
The company has a Price to Book (P/B) ratio of 10.16 in contrast to the S&P 500's average ratio of 4.74
-
Trade Desk is part of the Technology sector, which has an average P/E ratio of 30.01 and an average P/B of 3.91
-
TTD has reported YOY quarterly earnings growth of 80.0% and gross profit margins of 0.8%
-
The company has a free cash flow of $613.52 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 ad-buying 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, advertisers, and other service providers for agencies or advertisers. The Trade Desk, Inc. was incorporated in 2009 and is headquartered in Ventura, California.