Criteo (NASDAQ:CRTO) Releases Earnings Results, Beats Estimates By $0.04 EPS

Criteo (NASDAQ:CRTO) posted its earnings results on Wednesday. The information services provider reported $1.41 EPS for the quarter, topping the consensus estimate of $1.37 by $0.04, Zacks reports. Criteo had a return on equity of 15.56% and a net margin of 4.52%. Criteo updated its Q1 2025 guidance to EPS.

Criteo Stock Up 21.6 %

CRTO stock traded up $8.28 during trading on Wednesday, hitting $46.68. The company had a trading volume of 513,458 shares, compared to its average volume of 421,020. The firm has a 50-day moving average price of $40.02 and a 200-day moving average price of $41.54. Criteo has a 12 month low of $25.93 and a 12 month high of $49.93. The stock has a market cap of $2.58 billion, a price-to-earnings ratio of 31.86 and a beta of 1.05.

Insider Buying and Selling at Criteo

In other Criteo news, CEO Megan Clarken sold 9,284 shares of the company’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $40.36, for a total transaction of $374,702.24. Following the transaction, the chief executive officer now directly owns 509,145 shares in the company, valued at approximately $20,549,092.20. This represents a 1.79 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Ryan Damon sold 2,793 shares of Criteo stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $42.54, for a total transaction of $118,814.22. Following the sale, the insider now owns 115,646 shares of the company’s stock, valued at approximately $4,919,580.84. This represents a 2.36 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 21,541 shares of company stock worth $860,406. Insiders own 1.71% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have issued reports on CRTO. StockNews.com raised Criteo from a “hold” rating to a “buy” rating in a report on Friday, January 31st. DA Davidson cut their price target on shares of Criteo from $58.00 to $53.00 and set a “buy” rating for the company in a report on Thursday, October 31st. Benchmark reaffirmed a “buy” rating and set a $51.00 price objective on shares of Criteo in a research note on Tuesday. Susquehanna cut their target price on shares of Criteo from $50.00 to $36.00 and set a “neutral” rating for the company in a research note on Thursday, October 31st. Finally, Wells Fargo & Company decreased their price target on Criteo from $66.00 to $63.00 and set an “overweight” rating on the stock in a research report on Thursday, January 16th. Four analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, Criteo presently has a consensus rating of “Moderate Buy” and a consensus price target of $49.89.

Criteo Company Profile

Criteo SA, a technology company, provides marketing and monetization services on the open Internet in North and South America, Europe, the Middle East, Africa, and the Asia-Pacific. The company's Criteo Shopper Graph, which derives clients' proprietary commerce data, such as transaction activity on their digital properties.