Alert: Positive Investment/Fundamental Signals (6/26/24)-Criteo SA (NASDAQ: CRTO)

out_logo_500#71210.jpg

Notable positive changes in Criteo SA (NASDAQ: CRTO) fundamentals have recently occurred: the consensus estimate for December, 2025 increased significantly, the consensus estimate for December, 2024 increased significantly, and significant quarterly earnings acceleration occurred.

Criteo SA (NASDAQ: CRTO). Important positive changes in investment behavior have recently occurred: the stock rose on very heavy volume.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.

out_mm#71210.jpg

Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, CRTO is expected to continue to be an important Value Builder.

Criteo has a current Value Trend Rating of C (High Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Criteo has a slightly negative Appreciation Score of 31 but a very high Power Rating of 88, with the High Neutral Value Trend Rating the result.

Recent Price Action

Criteo SA (NASDAQ: CRTO) stock enjoyed a large increase of 2.2% on 6/26/24. The stock closed at $36.50. Moreover, trading volume in this advance was exceptionally high at 381% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 2.0% during the last week.

Be the first to comment

Leave a Reply

Your email address will not be published.


*