What is the best trade option for AdTheorent Holding Company Inc (ADTH) stock?

AdTheorent Holding Company Inc [ADTH] stock is trading at $3.43, up 0.29%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The ADTH shares have gain 6.03% over the last week, with a monthly amount glided 6.85%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

AdTheorent Holding Company Inc [NASDAQ: ADTH] stock has seen the most recent analyst activity on March 13, 2024, when Needham reiterated its Buy rating and also boosted its price target to $3.75 from $3. Previously, Noble Capital Markets started tracking the stock with Outperform rating on November 30, 2023, and set its price target to $4. On November 22, 2022, downgrade downgraded it’s rating to Market Perform and revised its price target to $2.50 on the stock. BofA Securities downgraded its rating to a Underperform and decreased its price target to $2 on November 10, 2022. Needham reiterated its recommendation of a Buy and reduced its price target to $8.50 on March 04, 2022. BofA Securities started tracking with a Buy rating for this stock on February 18, 2022, and assigned it a price target of $10. In a note dated January 18, 2022, Needham initiated an Buy rating and provided a target price of $10 on this stock.

AdTheorent Holding Company Inc [ADTH] stock has fluctuated between $1.11 and $3.98 over the past year. Currently, Wall Street analysts expect the stock to reach $3.5 within the next 12 months. AdTheorent Holding Company Inc [NASDAQ: ADTH] shares were valued at $3.43 at the most recent close of the market. An investor can expect a potential return of 2.04% based on the average ADTH price forecast.

Analyzing the ADTH fundamentals

AdTheorent Holding Company Inc [NASDAQ:ADTH] reported sales of 172.99M for the trailing twelve months, which represents a growth of 6.68%. Gross Profit Margin for this corporation currently stands at 0.46% with Operating Profit Margin at -0.02%, Pretax Profit Margin comes in at -0.04%, and Net Profit Margin reading is -0.03%. To continue investigating profitability, this company’s Return on Assets is posted at -0.02, Equity is -0.03 and Total Capital is -0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.04.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 3.40 points at the first support level, and at 3.38 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.45, and for the 2nd resistance point, it is at 3.47.

AdTheorent Holding Company Inc [ADTH] reported earnings per share of -$0.11 for its fiscal quarter that ended on 3/31/2024. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.03/share, meaning a difference of -$0.08 and a surprise factor of -266.70%. By comparison, the stated earnings for the previous quarter ended on 12/31/2023 were $0.08 per share as compared to estimates of $0.07 per share, a difference of $0.01 representing a surprise of 14.30%.

Ratios To Look Out For

For context, AdTheorent Holding Company Inc’s Current Ratio is 5.56. As well, the Quick Ratio is 5.56, while the Cash Ratio is 2.95. Considering the valuation of this stock, the price to sales ratio is 1.82, the price to book ratio is 2.00.

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