TubeMogul Inc. (NASDAQ:TUBE) – Equities researchers at SunTrust Banks lowered their Q4 2017 earnings estimates for TubeMogul in a report issued on Thursday. SunTrust Banks analyst M. Thornton now forecasts that the firm will post earnings per share of $0.04 for the quarter, down from their prior forecast of $0.10. SunTrust Banks currently has a “Hold” rating and a $14.00 price target on the stock.

TubeMogul (NASDAQ:TUBE) last released its quarterly earnings data on Wednesday, November 9th. The company reported ($0.34) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.25) by $0.09. The company had revenue of $56.08 million for the quarter. TubeMogul had a negative net margin of 12.26% and a negative return on equity of 20.24%. The business’s revenue for the quarter was up 20.7% on a year-over-year basis. During the same period in the previous year, the business posted ($0.11) earnings per share.

Earnings History and Estimates for TubeMogul (NASDAQ:TUBE)

Several other analysts also recently issued reports on the company. JMP Securities downgraded TubeMogul from an “outperform” rating to a “market perform” rating in a research note on Tuesday, August 9th. JPMorgan Chase & Co. decreased their target price on TubeMogul from $20.00 to $17.00 and set an “overweight” rating on the stock in a research note on Tuesday, August 9th. Albert Fried & Company downgraded TubeMogul from an “overweight” rating to a “market perform” rating and set a $14.00 target price on the stock. in a research note on Thursday, October 27th. Stephens downgraded TubeMogul from an “overweight” rating to an “equal weight” rating in a research note on Thursday. Finally, Citigroup Inc. decreased their target price on TubeMogul from $15.00 to $12.00 and set a “buy” rating on the stock in a research note on Tuesday, September 13th. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and six have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $14.00.

Shares of TubeMogul (NASDAQ:TUBE) opened at 13.96 on Friday. TubeMogul has a 1-year low of $7.00 and a 1-year high of $14.46. The stock’s market cap is $511.66 million. The stock’s 50 day moving average price is $8.64 and its 200-day moving average price is $10.48.

In related news, CEO Brett Wilson sold 30,000 shares of the business’s stock in a transaction on Wednesday, September 7th. The stock was sold at an average price of $9.17, for a total transaction of $275,100.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Keith Eadie sold 9,240 shares of the business’s stock in a transaction on Friday, October 14th. The shares were sold at an average price of $8.30, for a total value of $76,692.00. The disclosure for this sale can be found here. Insiders own 22.20% of the company’s stock.

Institutional investors have recently bought and sold shares of the stock. Murphy Michael R boosted its position in TubeMogul by 12.7% in the second quarter. Murphy Michael R now owns 2,478,190 shares of the company’s stock worth $29,490,000 after buying an additional 278,871 shares during the last quarter. Elk Creek Partners LLC boosted its position in TubeMogul by 20.8% in the second quarter. Elk Creek Partners LLC now owns 1,010,201 shares of the company’s stock worth $6,098,000 after buying an additional 173,633 shares during the last quarter. BlackRock Fund Advisors boosted its position in TubeMogul by 42.2% in the second quarter. BlackRock Fund Advisors now owns 570,837 shares of the company’s stock worth $6,793,000 after buying an additional 169,455 shares during the last quarter. Lord Abbett & CO. LLC acquired a new position in TubeMogul during the second quarter worth about $1,864,000. Finally, Emerald Acquisition Ltd. acquired a new position in TubeMogul during the second quarter worth about $1,818,000. Institutional investors own 60.53% of the company’s stock.

About TubeMogul

TubeMogul, Inc provides software for brand advertising. The Company’s software platform is used by advertisers to plan, buy, measure and optimize their global brand advertising. Its self-serve software platform enables advertisers to buy advertisement inventory across various advertising channels, including linear television, video-on-demand, connected television, digital video, digital display and social media.

5 Day Chart for NASDAQ:TUBE

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