Equities analysts expect Criteo S.A. (NASDAQ:CRTO) to report earnings of $0.42 per share for the current quarter, according to Zacks Investment Research. Eight analysts have made estimates for Criteo’s earnings. The lowest EPS estimate is $0.41 and the highest is $0.43. Criteo posted earnings per share of $0.27 during the same quarter last year, which would suggest a positive year over year growth rate of 55.6%. The company is expected to issue its next earnings results on Wednesday, November 1st.

On average, analysts expect that Criteo will report full-year earnings of $1.81 per share for the current year, with EPS estimates ranging from $1.76 to $1.87. For the next year, analysts expect that the business will post earnings of $2.28 per share, with EPS estimates ranging from $2.18 to $2.41. Zacks Investment Research’s EPS calculations are an average based on a survey of research analysts that follow Criteo.

Criteo (NASDAQ:CRTO) last posted its quarterly earnings data on Wednesday, August 2nd. The information services provider reported $0.21 EPS for the quarter, topping the consensus estimate of $0.16 by $0.05. The firm had revenue of $220 million during the quarter, compared to analyst estimates of $212.55 million. Criteo had a net margin of 3.48% and a return on equity of 14.62%. Criteo’s revenue was up 32.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.33 EPS.

A number of research firms have weighed in on CRTO. Deutsche Bank AG raised their price objective on shares of Criteo from $64.00 to $65.00 and gave the stock a “buy” rating in a report on Thursday, August 3rd. KeyCorp began coverage on shares of Criteo in a report on Monday, July 31st. They set an “overweight” rating and a $62.00 price objective on the stock. Stifel Nicolaus set a $50.00 price objective on shares of Criteo and gave the stock a “hold” rating in a report on Thursday, August 3rd. Cowen and Company reissued an “outperform” rating and set a $61.00 price objective (up previously from $60.00) on shares of Criteo in a report on Thursday, August 3rd. Finally, Zacks Investment Research cut shares of Criteo from a “hold” rating to a “sell” rating in a report on Tuesday. Two research analysts have rated the stock with a sell rating, five have given a hold rating and nine have issued a buy rating to the company’s stock. Criteo has a consensus rating of “Hold” and a consensus price target of $55.98.

Criteo (NASDAQ:CRTO) traded up 2.04% on Wednesday, hitting $50.00. 562,868 shares of the company traded hands. The stock’s 50-day moving average is $49.83 and its 200 day moving average is $49.46. The firm has a market capitalization of $3.08 billion, a P/E ratio of 47.13 and a beta of 2.71. Criteo has a 12 month low of $32.83 and a 12 month high of $56.00.

In related news, Director James Warner sold 1,250 shares of Criteo stock in a transaction on Thursday, June 15th. The shares were sold at an average price of $46.98, for a total value of $58,725.00. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Benoit Fouilland sold 12,500 shares of Criteo stock in a transaction on Tuesday, August 1st. The shares were sold at an average price of $50.86, for a total transaction of $635,750.00. The disclosure for this sale can be found here. Insiders sold a total of 630,953 shares of company stock worth $32,056,184 over the last ninety days. Corporate insiders own 5.60% of the company’s stock.

A number of institutional investors have recently bought and sold shares of CRTO. FMR LLC raised its position in Criteo by 0.4% in the first quarter. FMR LLC now owns 6,399,000 shares of the information services provider’s stock worth $319,886,000 after buying an additional 22,855 shares during the period. Sumitomo Mitsui Asset Management Company LTD raised its position in Criteo by 6.2% in the first quarter. Sumitomo Mitsui Asset Management Company LTD now owns 2,124,070 shares of the information services provider’s stock worth $106,182,000 after buying an additional 124,005 shares during the period. Comgest Global Investors S.A.S. raised its position in Criteo by 1.8% in the second quarter. Comgest Global Investors S.A.S. now owns 1,930,692 shares of the information services provider’s stock worth $94,700,000 after buying an additional 34,500 shares during the period. Bank of New York Mellon Corp raised its position in Criteo by 111.4% in the first quarter. Bank of New York Mellon Corp now owns 1,638,336 shares of the information services provider’s stock worth $81,899,000 after buying an additional 863,485 shares during the period. Finally, American Century Companies Inc. raised its position in Criteo by 1.2% in the first quarter. American Century Companies Inc. now owns 1,189,952 shares of the information services provider’s stock worth $59,486,000 after buying an additional 14,120 shares during the period. Hedge funds and other institutional investors own 85.03% of the company’s stock.

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About Criteo

Criteo SA is a France-based company specializing in digital performance marketing. Its solution consists of the Criteo Engine, the Company’s data assets, access to inventory, and its advertiser and publisher platforms. The Criteo Engine consists of various machine learning algorithms, such as prediction, recommendation, bidding and creative algorithms and the global hardware and software infrastructure.

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