(VIANEWS) – Criteo Shares Plunge 12.4% on NASDAQ, Extending Downward Trend
About Criteo
Criteo S.A. is a technology company providing marketing and monetization services on the open internet across various regions. Their proprietary Criteo Shopper Graph uses proprietary commerce data from clients’ digital properties to derive marketing insights for clients’ unique products or services. Criteo AI Engine offers solutions, such as lookalike finder, recommendation and predictive bidding algorithms; dynamic creative optimization techniques; software systems and processes for process improvement; as well as an experimentation platform to enhance prediction models’ abilities and effectiveness. Criteo offers two solutions, Criteo Marketing Solutions and Retail Media solutions, that enable commerce companies to meet their marketing goals by engaging consumers with personalized ads across web, mobile, and offline store environments; retailers can use Criteo Retail Media solutions to generate advertising revenues from consumer brands or increase sales through targeted ads displayed on their digital property or the open internet. Criteo S.A. was founded in 2005 and headquartered in Paris, France. Their advertising technology provides real-time trading infrastructure that meets the needs of media owners, agencies, performance advertisers, and third-party AdTech platforms.
Yearly Analysis
Criteo’s stock is currently trading below its 52-week high, offering potential investors who believe in its long-term prospects an opportunity for purchasing shares at lower prices than they had been in recent months. Investors should note, however, that its shares have already seen significant drops over the last year.
Criteo’s anticipated sales growth for this and next year may appeal to investors seeking more conservative investments.
Criteo’s EBITDA of 170.92 indicates strong profits, which should provide investors with positive signals about its business performance. But before making their investment decision, investors should carefully consider competition, regulatory requirements and overall market conditions before taking any definitive steps.
Technical Analysis
Criteo stock has struggled to hold onto its value over the past several months. Its current price sits far below both its 50-day and 200-day moving averages of EUR28.82 and EUR31.16, indicating a sharp decline.
However, investors still have reason for optimism despite this negative outlook. Today’s volume of 1631042 marks an impressive surge when compared with its usual level of 208273 and suggests more interest in the stock.
The stock’s volatility has been relatively low compared to historical standards, with an intraday variation average being 0.83% for the last week, 0.14% for the last month, and 1.22% for the last quarter. Its highest amplitude of average volatility occurred over this time frame: 0.83% in one week; 1.41% in another; and 1.22% again!
Criteo’s stock is currently considered oversold (=20), signalling it may be an opportunity for investors looking for an upward rebound to purchase shares at this time.
While Criteo stock may currently be experiencing headwinds, its surge in trading volume and oversold status based on stochastic oscillator may represent an opportunity for those willing to accept some risk.
Quarter Analysis
Criteo’s current quarter sales growth of 6.6% and an expected next-quarter estimate of 11.6% indicate positive momentum in its sales growth trajectory. Revenue has experienced some difficulties over its twelve trailing month revenue growth at 1.93B; investors should keep an eye on how the company manages to sustain or increase upon this rate in subsequent quarters, along with any contributing factors like market conditions, competitive landscape or company-specific initiatives that might explain such growth rates.
Equity Analysis
Criteo’s trailing twelve months earnings per share (EPS) stands at EUR0.1, which indicates that they have earned a profit of this magnitude over the course of last year.
Criteo’s trailing 12-month P/E ratio stands at 245.2, suggesting investors are willing to shell out EUR245.2 per euro of annual earnings – this figure stands out against industry norms as it indicates high investor optimism for Criteo’s earnings growth over time.
Criteo’s return on equity (ROE) for the 12 preceding months stands at 0.79%, meaning they made a net profit of that amount relative to shareholder’s equity over this timeframe. This ratio may indicate that Criteo isn’t producing as much profit than its competitors in this industry sector.
Criteo’s financial performance overall is mixed, featuring both a high P/E ratio and low ROE. Investors should carefully consider both of these metrics alongside other financial metrics and qualitative considerations when deciding whether or not to invest in Criteo.
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