Wall Street brokerages expect Trade Desk Inc (NASDAQ:TTD) to post $0.45 earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Four analysts have issued estimates for Trade Desk’s earnings. The lowest EPS estimate is $0.40 and the highest is $0.55. Trade Desk posted earnings per share of $0.33 in the same quarter last year, which would indicate a positive year-over-year growth rate of 36.4%. The company is scheduled to announce its next earnings results after the market closes on Thursday, February 22nd.

On average, analysts expect that Trade Desk will report full-year earnings of $1.50 per share for the current financial year, with EPS estimates ranging from $1.43 to $1.57. For the next fiscal year, analysts anticipate that the company will post earnings of $1.79 per share, with EPS estimates ranging from $1.61 to $2.01. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side research firms that cover Trade Desk.

Trade Desk (NASDAQ:TTD) last posted its quarterly earnings data on Thursday, November 9th. The technology company reported $0.35 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.20 by $0.15. The firm had revenue of $79.40 million for the quarter, compared to the consensus estimate of $76.84 million. Trade Desk had a return on equity of 24.34% and a net margin of 15.93%. The business’s revenue for the quarter was up 49.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.24 EPS.

TTD has been the topic of several research analyst reports. Vetr raised Trade Desk from a “buy” rating to a “strong-buy” rating and set a $71.76 target price on the stock in a research note on Thursday, November 9th. Jefferies Group reaffirmed a “buy” rating and set a $63.00 target price on shares of Trade Desk in a research note on Friday, November 10th. SunTrust Banks reaffirmed a “hold” rating and set a $55.00 target price on shares of Trade Desk in a research note on Monday, November 6th. Zacks Investment Research cut Trade Desk from a “buy” rating to a “hold” rating in a research note on Friday, October 13th. Finally, BidaskClub cut Trade Desk from a “buy” rating to a “hold” rating in a research note on Friday, November 10th. One analyst has rated the stock with a sell rating, twelve have issued a buy rating and one has given a strong buy rating to the stock. Trade Desk presently has a consensus rating of “Buy” and an average target price of $63.67.

In related news, insider Brian John Stempeck sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, November 16th. The stock was sold at an average price of $48.78, for a total value of $487,800.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Robert David Perdue sold 7,500 shares of the business’s stock in a transaction that occurred on Friday, December 1st. The stock was sold at an average price of $48.08, for a total value of $360,600.00. Following the completion of the sale, the chief operating officer now owns 97,983 shares of the company’s stock, valued at $4,711,022.64. The disclosure for this sale can be found here. In the last three months, insiders sold 80,924 shares of company stock valued at $3,935,683. 26.87% of the stock is currently owned by company insiders.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Advisor Group Inc. lifted its holdings in Trade Desk by 9,856.5% in the 2nd quarter. Advisor Group Inc. now owns 2,290 shares of the technology company’s stock worth $115,000 after purchasing an additional 2,267 shares during the last quarter. Benjamin F. Edwards & Company Inc. lifted its holdings in Trade Desk by 129.2% in the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 2,750 shares of the technology company’s stock worth $126,000 after purchasing an additional 1,550 shares during the last quarter. Great West Life Assurance Co. Can lifted its holdings in Trade Desk by 57.7% in the 3rd quarter. Great West Life Assurance Co. Can now owns 2,838 shares of the technology company’s stock worth $165,000 after purchasing an additional 1,038 shares during the last quarter. SG Americas Securities LLC acquired a new stake in Trade Desk in the 4th quarter worth approximately $169,000. Finally, Principal Financial Group Inc. acquired a new stake in Trade Desk in the 3rd quarter worth approximately $234,000. Hedge funds and other institutional investors own 66.85% of the company’s stock.

Trade Desk (TTD) opened at $44.20 on Thursday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.56 and a current ratio of 1.56. Trade Desk has a 12 month low of $28.23 and a 12 month high of $67.30. The firm has a market capitalization of $1,867.64, a PE ratio of 43.72, a price-to-earnings-growth ratio of 1.18 and a beta of 3.62.

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About Trade Desk

The Trade Desk, Inc is a technology company. The Company provides a self-service platform that enables clients to purchase and manage digital advertising campaigns across various advertising formats, including display, video and social, and on a range of devices, including computers, mobile devices and connected television.

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