Criteo S.A ADR (CRTO) stock expected to decline by -3.11%: What’s driving the pessimism?

At the time of writing, Criteo S.A ADR [CRTO] stock is trading at $46.96, up 5.42%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The CRTO shares have gain 4.14% over the last week, with a monthly amount glided 23.11%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Criteo S.A ADR [NASDAQ: CRTO] stock has seen the most recent analyst activity on July 30, 2024, when KeyBanc Capital Markets downgraded its rating to a Sector Weight. Previously, BMO Capital Markets upgraded its rating to Outperform on May 24, 2024, and elevated its price target to $45. On February 08, 2024, upgrade upgraded it’s rating to Overweight and revised its price target to $41 on the stock. BMO Capital Markets started tracking the stock assigning a Market Perform rating and suggested a price target of $28 on January 09, 2024. KeyBanc Capital Markets initiated its recommendation with a Overweight and recommended $40 as its price target on October 24, 2023. Wells Fargo started tracking with a Equal Weight rating for this stock on June 27, 2023, and assigned it a price target of $37. In a note dated December 13, 2022, Citigroup initiated an Buy rating and provided a target price of $36 on this stock.

For the past year, the stock price of Criteo S.A ADR fluctuated between $22.10 and $46.33. Currently, Wall Street analysts expect the stock to reach $45.5 within the next 12 months. Criteo S.A ADR [NASDAQ: CRTO] shares were valued at $46.96 at the most recent close of the market. An investor can expect a potential drop of -3.11% based on the average CRTO price forecast.

Analyzing the CRTO fundamentals

According to Criteo S.A ADR [NASDAQ:CRTO], the company’s sales were 1.96B for trailing twelve months, which represents an 0.45% jump. Gross Profit Margin for this corporation currently stands at 0.48% with Operating Profit Margin at 0.08%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.1 and Total Capital is 0.13. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.1.

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 44.76 points at the first support level, and at 42.56 for the second support level. However, for the 1st resistance point, the stock is sitting at 49.08, and for the 2nd resistance point, it is at 51.20.

Ratios To Look Out For

It is important to note that Criteo S.A ADR [NASDAQ:CRTO] has a current ratio of 1.16. Further, the Quick Ratio stands at 1.16, while the Cash Ratio is 0.23. Considering the valuation of this stock, the price to sales ratio is 1.31, the price to book ratio is 2.46 and price to earnings (TTM) ratio is 38.63.

Transactions by insiders

Recent insider trading involved Glickman Sarah JS, Chief Financial Officer, that happened on Jul 23 ’24 when 5496.0 shares were sold. Chief Legal Officer, Damon Ryan completed a deal on May 29 ’24 to sell 21000.0 shares. Meanwhile, Chief Executive Officer Clarken Megan sold 5490.0 shares on May 28 ’24.

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