Trade Desk Inc (TTD) Forecasted to Earn FY2016 Earnings of $0.93 Per Share
Trade Desk Inc (NYSE:TTD) – Research analysts at Cantor Fitzgerald issued their FY2016 earnings per share estimates for Trade Desk in a report released on Monday. Cantor Fitzgerald analyst Y. Squali anticipates that the brokerage will post earnings of $0.93 per share for the year. Cantor Fitzgerald has a “Buy” rating and a $30.00 price objective on the stock. Cantor Fitzgerald also issued estimates for Trade Desk’s FY2017 earnings at $1.20 EPS.
Separately, Susquehanna assumed coverage on Trade Desk in a report on Friday, September 23rd. They set a “positive” rating and a $40.00 price objective on the stock.
Shares of Trade Desk (NYSE:TTD) opened at 26.90 on Wednesday. The company’s market cap is $296.84 million. Trade Desk has a 12-month low of $23.50 and a 12-month high of $33.40. The company has a 50-day moving average of $27.56 and a 200 day moving average of $27.56.
In other news, Director Eric B. Paley sold 299,979 shares of the company’s stock in a transaction that occurred on Monday, September 26th. The stock was sold at an average price of $18.00, for a total transaction of $5,399,622.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
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