Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Criteo is poised for a 15% return with a price target of $40.6, driven by growth in its Retail Media and AI-based solutions. Despite recent volatility and macro-driven challenges, I maintain a buy rating on CRTO due to improved fundamentals and strategic share repurchases. FY 2024 saw a slight revenue decline but improved net margins and operating cash flow, with significant cash allocated for share repurchases.
The consensus price target hints at a 46.1% upside potential for Criteo (CRTO). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Does Criteo S.A. (CRTO) have what it takes to be a top stock pick for momentum investors?
The mean of analysts' price targets for Criteo (CRTO) points to a 27.1% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Shares of Criteo (CRTO 17.63%) soared on Wednesday, boosted by a strong earnings report. The digital advertising expert's stock rose as much as 23.1% in the morning, backing down to a 17.9% gain at the end of the day.
Criteo S.A. (NASDAQ:CRTO ) Q4 2024 Results Conference Call February 5, 2025 8:00 AM ET Company Participants Melanie Dambre - Vice President-Investor Relations Megan Clarken - Chief Executive Officer Sarah Glickman - Chief Financial Officer Todd Parsons - Chief Product Officer Conference Call Participants Ygal Arounian - Citigroup Mark Kelley - Stifel Mark Zgutowicz - Benchmark Company Richard Kramer - Arete Research Tom White - D.A.
The headline numbers for Criteo (CRTO) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Criteo S.A. offers a promising entry into digital advertising growth, despite challenges, with strategic partnerships and expanding retail media presence. The stock is undervalued with a forward P/E ratio of 28.34 and EV/EBITDA of 6.18, suggesting potential upside. I rate CRTO as a soft buy, recommending close monitoring of Q4 and FY24 reports for revenue growth and financial improvements.
This bull market has been running rampant for more than two years, but it's an unusual one. Most bull runs don't have to share time with inflation crises, and the monetary pressure that started to build in 2021 is finally easing.
Criteo S.A. (NASDAQ:CRTO ) Q3 2024 Earnings Conference Call October 30, 2024 8:00 AM ET Company Participants Melanie Dambre – Vice President-Investor Relations Megan Clarken – Chief Executive Officer Sarah Glickman – Chief Financial Officer Todd Parsons – Chief Product Officer Conference Call Participants Mark Zgutowicz – Benchmark Company Mark Kelley – Stifel Ygal Arounian – Citigroup Bryan Smilek – JPMorgan Alec Brondolo – Wells Fargo Brian Pitz – BMO Capital Markets Tim Nollen – Macquarie Tom White – D.A.
Although the revenue and EPS for Criteo (CRTO) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.