TTD stock: buy or sell?
Updated on:
February 26th, 2020
2
The Trade Desk, Inc., a technology company, operates a self-service cloud-based platform that enables advertising buyers to create, manage, and optimize data-driven digital advertising campaigns using their own teams in the United States and internationally.
Should I buy TTD stock?
Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Having a trading plan helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.None of our preferred buy setups matches with The Trade Desk stock situation right now, hence this is not a suitable entry point.
| Buy setup | Elegible |
|---|---|
| New all-time high | No |
| New 52 week high | No |
| Price crossing up 200d MA | No |
| 100d MA crossing up 200d MA | No |
Is The Trade Desk stock a buy?
Financial institutions and banks post stock ratings everyday.
Unfortunately, we couldn't detect any rating for TTD stock for the last 30 days.TTD stock analysis
Daily outlook
The Trade Desk slipped -2.42% to $266.90 after topping to all time highs on Thursday.
After reaching all time highs on Thursday, The Trade Desk slipped -2.42% today to $266.90. Since Jan/31 when SMA100d and SMA200d crossed up, TTD price slipped $-10.74 per share (-3.87%). Since price and SMA200d lines crossed up on November, TTD climbed $71.37 (36.50%). On Thursday, TTD hit a new all time high, pushing higher than on February/19 tops. Check different trading setups that use ATHs as triggers.
Weekly outlook
The Trade Desk collapsed a frightening -11.59% this week. Early February TTD boosted an outstanding 7.60% in just one week.
The Trade Desk stock is trading in the range of its last top and last bottom. Loosing would mean breaking the current uptrend. Breakdowns under last bottom are selling point signals for some trading strategies. Not so far away is the last all-time high The Trade Desk marked last week, but since then it dropped a 17.57%. Since late January when SMA20w and SMA40w crossed up, TTD price slipped $-13.27 per share (-4.74%). Since price and SMA40w lines crossed up by mid November 2019, TTD climbed $71.37 (36.50%).
TTD stock price history
TTD IPO was on September 21st, 2016 at $28.75 per share1. Since then, TTD stock surged a 828.30%, with a yearly average of 276.10%. If you had invested $1,000 in TTD stock in 2016, it would worth $8,283.00 today.
1: Adjusted price after possible price splits or reverse-splits.
TTD stock historical price chart
TTD stock reached all-time highs on Thursday with a price of $323.78.
TTD stock price target
How much a stock will be priced tomorrow or next week is quite unpredictable However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. You should not follow the analysts' TTD stock price predictions in the hope that they will be met as they may be wrong and not met. For the last month we have not detected any price target for The Trade Desk stock by any trusted analyst.Financials and fundamental analysis
Earnings date and Earnings per Share
Since May, when The Trade Desk presented its last earnings report, it . Unfortunately, reported EPS is not yet available in our database.| Quarter | Reporting date | Estimated EPS | Actual EPS | Surprise |
|---|---|---|---|---|
| 2017-Q1 | - | n/a | n/a | n/a |
| 2017-Q2 | - | n/a | n/a | n/a |
| 2017-Q3 | - | n/a | n/a | n/a |
| 2017-Q4 | 2018-02-22 | 0.42 | 0.38 | -9.5% |
| 2018-Q1 | 2018-05-10 | 0.01 | 0.2 | 1,900.0% |
| 2018-Q2 | 2018-08-09 | 0.32 | 0.43 | 34.4% |
| 2018-Q3 | 2018-11-08 | 0.31 | 0.44 | 41.9% |
| 2018-Q4 | 2019-02-21 | 0.56 | 0.84 | 50.0% |
| 2019-Q1 | 2019-05-09 | n/a | n/a | n/a |
| 2019-Q2 | - | n/a | n/a | n/a |
Annual financial results
In 2018, The Trade Desk annual sales climbed an astounding 54.86% to $477.29 million USD from $308.22 marked in 2017. When comparing 2018 vs 2017, nonetheless, profit margin (that is, the net income divided by revenues) appreciated a 1.99% to 18.47%. To have an up to date picture of the financial situation of The Trade Desk, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2019-Q1 that can be compared to 2018 fiscal year results. Annual The Trade Desk TTM sales up to were $391.63 and income was $79.07 million USD. If we compare this TTM figures with the last reported annuality, we can esteem The Trade Desk business evolution since December 2018: Annual turnover up to , compared to lastest yearly report, plunged a scary -17.95%. Regarding profit margin, The Trade Desk inched 1.72% to 18.47%| Year | Sales | YoY | Income/(margin) | YoY |
|---|---|---|---|---|
| 2014 | $45 M | - | $0.01 M0.0% | - |
| 2015 | $114 M | 155.54% | $16 M14.0% | 318,480.00% |
| 2016 | $203 M | 78.26% | $20 M10.1% | 28.58% |
| 2017 | $308 M | 51.89% | $51 M16.5% | 148.01% |
| 2018 | $477 M | 54.86% | $88 M18.5% | 73.51% |
| TTM | $392 M | -17.95% | $79 M20.2% | -10.29% |
Quarterly financial results
The Trade Desk reported M in sales for 2019-Q1, a -100.00% decline compared to previous quarter. Reported quarter income marked M with a profit margin of . Profit margin stayed stable a 0.00% compared to previous quarter when profit margin was 24.57%. When comparing revenues to same quarter last year, The Trade Desk sales marked a spooky correction and collapsed a -100.00%.| Quarter | Sales1 | QoQ2 | Income1/(margin) | QoQ2 |
|---|---|---|---|---|
| 2017-Q1 | $53 M | - | $5 M9.2% | - |
| 2017-Q2 | $73 M | 36.46% | $19 M25.9% | 283.91% |
| 2017-Q3 | $79 M | 9.08% | $10 M12.9% | -45.73% |
| 2017-Q4 | $103 M | 29.26% | $17 M16.4% | 64.35% |
| 2018-Q1 | $86 M | -16.54% | $9 M10.6% | -46.05% |
| 2018-Q2 | $112 M | 31.13% | $19 M17.2% | 113.26% |
| 2018-Q3 | $119 M | 5.78% | $20 M17.1% | 4.91% |
| 2018-Q4 | $160 M | 35.05% | $39 M24.6% | 94.34% |
The Trade Desk ownership
When you are planning to buy shares of a company, it's always worth to have a look its ownership structure.Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For The Trade Desk, 10.24% of all outstanding shares are owned by its staff.
In case of The Trade Desk stock, 0.00% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for TTD stock account 0.00%, no big difference from last month.
For a better understanding, the next table shows ownership data compared to other related stocks:
| TTD | |
|---|---|
| Market cap | $10.6 B |
| Total shares | 39.8 M |
| Float shares | 39.3 M |
| - Institutional holdings (%) | 0.0% |
| - Insider holdings (%) | 10.2% |
| Shares in short selling | 0.0% |
TTD summary
| Wednesday, February 26th, 2020 | |
|---|---|
| Open | $273.50 |
| Close | $266.90 |
| Day range | $263.01 - $282.88 |
| Previous close | $273.51 |
| Session gain | -2.42% |
| Average true range | $14.43 |
| 50d mov avg | $280.47 |
| 100d mov avg | $249.26 |
| 200d mov avg | $240.15 |
| Daily pattern | |
| Weekly pattern | lt06a |
The Trade Desk performance
To better understand The Trade Desk performance you must becnhmark its gains with other related stocks in same sector or industry. For The Trade Desk, the benchmark is made against .| Stock | 3m | 6m | 12m |
|---|---|---|---|
| TTDThe Trade Desk | 1.35% | 8.60% | 36.79% |