Is Criteo SA (NASDAQ:CRTO) Now Worth Your Time and Dime After a Recent Macquarie Upgrade?

April 22, 2018 - By Vivian Park

Criteo S.A. (NASDAQ:CRTO) Logo

Investors sentiment decreased to 0.76 in 2017 Q4. Its down 0.25, from 1.01 in 2017Q3. It worsened, as 53 investors sold Criteo S.A. shares while 35 reduced holdings. 25 funds opened positions while 42 raised stakes. 40.54 million shares or 18.35% less from 49.65 million shares in 2017Q3 were reported.

Moreover, Axa has 0% invested in Criteo S.A. (NASDAQ:CRTO). Moreover, Stratos Wealth Prns Limited has 0% invested in Criteo S.A. (NASDAQ:CRTO) for 100 shares. Comgest Global Investors Sas owns 1.70M shares for 0.96% of their portfolio. Legal General Public Limited Co holds 0% of its portfolio in Criteo S.A. (NASDAQ:CRTO) for 265,190 shares. Credit Suisse Ag invested in 0% or 36,909 shares. Blair William And Il holds 55,827 shares or 0.01% of its portfolio. Bnp Paribas Arbitrage has invested 0.01% of its portfolio in Criteo S.A. (NASDAQ:CRTO). Wells Fargo & Mn owns 4,625 shares for 0% of their portfolio. Glg Partners L P invested in 465,980 shares or 0.57% of the stock. Alliancebernstein L P reported 26,405 shares. Nomura Hldgs Incorporated has 501,407 shares for 0.02% of their portfolio. Natl Bank Of Montreal Can holds 35,275 shares or 0% of its portfolio. Synovus Fincl Corporation, a Georgia-based fund reported 16,637 shares. Us Bancorp De, Minnesota-based fund reported 2,311 shares. Sylebra Hk reported 1.13 million shares.

Criteo SA (NASDAQ:CRTO) Stock Upgrade

Macquarie has increased shares of Criteo SA (NASDAQ:CRTO) to a solid Buy in an analyst report issued on today.

Investors sentiment decreased to 0.76 in 2017 Q4. Its down 0.25, from 1.01 in 2017Q3. It worsened, as 53 investors sold Criteo S.A. shares while 35 reduced holdings. 25 funds opened positions while 42 raised stakes. 40.54 million shares or 18.35% less from 49.65 million shares in 2017Q3 were reported.

Moreover, Axa has 0% invested in Criteo S.A. (NASDAQ:CRTO). Moreover, Stratos Wealth Prns Limited has 0% invested in Criteo S.A. (NASDAQ:CRTO) for 100 shares. Comgest Global Investors Sas owns 1.70M shares for 0.96% of their portfolio. Legal General Public Limited Co holds 0% of its portfolio in Criteo S.A. (NASDAQ:CRTO) for 265,190 shares. Credit Suisse Ag invested in 0% or 36,909 shares. Blair William And Il holds 55,827 shares or 0.01% of its portfolio. Bnp Paribas Arbitrage has invested 0.01% of its portfolio in Criteo S.A. (NASDAQ:CRTO). Wells Fargo & Mn owns 4,625 shares for 0% of their portfolio. Glg Partners L P invested in 465,980 shares or 0.57% of the stock. Alliancebernstein L P reported 26,405 shares. Nomura Hldgs Incorporated has 501,407 shares for 0.02% of their portfolio. Natl Bank Of Montreal Can holds 35,275 shares or 0% of its portfolio. Synovus Fincl Corporation, a Georgia-based fund reported 16,637 shares. Us Bancorp De, Minnesota-based fund reported 2,311 shares. Sylebra Hk reported 1.13 million shares.

Criteo S.A. (NASDAQ:CRTO) Ratings Coverage

Among 14 analysts covering Criteo SA (NASDAQ:CRTO), 5 have Buy rating, 0 Sell and 9 Hold. Therefore 36% are positive. Criteo SA has $60 highest and $22.0 lowest target. $36’s average target is 30.67% above currents $27.55 stock price. Criteo SA had 26 analyst reports since October 24, 2017 according to SRatingsIntel. The stock of Criteo S.A. (NASDAQ:CRTO) earned “Market Perform” rating by BMO Capital Markets on Tuesday, January 23. As per Thursday, November 2, the company rating was downgraded by Cowen & Co. The stock of Criteo S.A. (NASDAQ:CRTO) has “Equal-Weight” rating given on Wednesday, February 21 by Morgan Stanley. The firm has “Neutral” rating by Citigroup given on Friday, December 15. The firm has “Hold” rating given on Thursday, February 15 by Stifel Nicolaus. The company was downgraded on Thursday, November 2 by Jefferies. The firm earned “Overweight” rating on Thursday, February 15 by JP Morgan. The firm earned “Hold” rating on Wednesday, February 14 by BMO Capital Markets. The stock of Criteo S.A. (NASDAQ:CRTO) has “Hold” rating given on Wednesday, February 14 by Jefferies. On Wednesday, February 14 the stock rating was upgraded by KeyBanc Capital Markets to “Buy”.

The stock decreased 1.18% or $0.33 during the last trading session, reaching $27.55. About 643,287 shares traded. Criteo S.A. (NASDAQ:CRTO) has declined 47.34% since April 22, 2017 and is downtrending. It has underperformed by 58.89% the S&P500.

Analysts await Criteo S.A. (NASDAQ:CRTO) to report earnings on May, 2. They expect $0.26 EPS, down 7.14 % or $0.02 from last year’s $0.28 per share. CRTO’s profit will be $17.19 million for 26.49 P/E if the $0.26 EPS becomes a reality. After $0.91 actual EPS reported by Criteo S.A. for the previous quarter, Wall Street now forecasts -71.43 % negative EPS growth.

Criteo S.A., a technology company, engages in digital performance marketing in France and internationally. The company has market cap of $1.82 billion. The companyÂ’s Criteo Engine solution includes recommendation algorithms that create and tailor advertisements to specific user interest by determining the specific services and products to include in the advertisement; prediction and predictive bidding algorithms that predict the probability and nature of a userÂ’s engagement with a given advertisement; and bidding engine for executing campaigns based on objectives set by the clients. It has a 20.56 P/E ratio. The Company’s Criteo Engine solution also consists of dynamic creative optimization; software systems and processes that enable data synchronization, storage, and analysis of distributed computing infrastructure in multiple geographies; and experimentation platform, an offline/online platform to enhance the prediction abilities of its models.

Criteo S.A. (NASDAQ:CRTO) Ratings Chart

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