Trade Desk Inc. (TTD:NSD) Analysts Strong Buy, Fundamental Analysis is Bullish

STA Research
by: STA Research
Trade Desk Inc.

Based on the Trade Desk stock forecast from 11 analysts, the average analyst TTD price target is USD 81.69 over the next 12 months. Trade Desk Inc’s average analyst rating is Strong Buy. Stock Target Advisor’s own Trade Desk stock forecast is Slightly Bullish, which is based on 7 positive signals and 5 negative signals. At the last closing, The Trade Desk stock price was USD 54.50The Trade Desk stock price has changed by +6.80% over the past week, +8.87% over the past month and -37.74% over the last year.

Trade Desk, Inc. operates as a technology company in the United States and internationally. The company operates a self-service cloud-based platform that allows buyers to create, manage, and optimize data-driven digital advertising campaigns across various ad formats and channels, including display, video, audio, native, and social on various devices, such as computers, mobile devices, and connected TV. It also provides data and other value-added services. The company serves advertising agencies and other service providers for advertisers. The Trade Desk, Inc. was incorporated in 2009 and is headquartered in Ventura, California.

 

What we like:

High market capitalization:

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Superior risk adjusted returns:

The Trade Desk stock price has performed well, on a risk adjusted basis, compared to its sector peers (for a hold period of at least 12 months) and is in the top quartile.

Superior capital utilization:

TTD stock forecast has shown that the company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Positive cash flow:

TTD stock forecast has shown positive total cash flow in the most recent four quarters.

Positive free cash flow:

TTD stock forecast has shown positive total free cash flow in the most recent four quarters.

Superior Earnings Growth:

TTD stock forecast has shown top quartile earnings growth in the previous 5 years compared to its sector.

Superior Revenue Growth:

TTD stock forecast has shown top quartile revenue growth in the previous 5 years compared to its sector.

 

What we don’t like:

High volatility:

The total returns for the Trade Desk stock price are volatile and above the median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Overpriced compared to earnings:

The Trade Desk stock price is trading high compared to its peers on a price-to-earnings basis and is above the sector median.

Overpriced compared to book value:

The Trade Desk stock price is trading high compared to its peers median on a price-to-book value basis.

Overpriced on cashflow basis:

The Trade Desk stock price is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced on free cash flow basis:

The Trade Desk stock price is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Disclaimer

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