Criteo S.A. (CRTO) Just Recorded A Sigfniciant Decline

December 14, 2017 - By Hazel Jackson

Investors sentiment decreased to 1.16 in Q2 2017. Its down 0.35, from 1.51 in 2017Q1. It dived, as 19 investors sold Criteo S.A. shares while 55 reduced holdings. 22 funds opened positions while 64 raised stakes. 48.36 million shares or 3.14% more from 46.89 million shares in 2017Q1 were reported.
Natixis reported 42,126 shares. Janney Capital Lc holds 0.01% or 6,046 shares. Torray Llc reported 11,941 shares. Origin Asset Mgmt Ltd Liability Partnership stated it has 0.77% of its portfolio in Criteo S.A. (NASDAQ:CRTO). New York State Common Retirement Fund holds 46,275 shares. Victory Management owns 0.06% invested in Criteo S.A. (NASDAQ:CRTO) for 480,934 shares. British Columbia Invest Corp has 0.06% invested in Criteo S.A. (NASDAQ:CRTO) for 145,000 shares. Bessemer Grp Inc owns 61 shares. Citadel Advsrs Ltd Company has invested 0.02% of its portfolio in Criteo S.A. (NASDAQ:CRTO). Bbt Mgmt Limited Liability has 0.55% invested in Criteo S.A. (NASDAQ:CRTO). Moreover, Fil Ltd has 0.06% invested in Criteo S.A. (NASDAQ:CRTO). Synovus owns 14,588 shares for 0.01% of their portfolio. Weiss Multi holds 0.13% or 65,000 shares in its portfolio. Pioneer Investment Management Inc reported 155,967 shares. Bank & Trust Of Mellon Corporation reported 0% stake.

The stock of Criteo S.A. (NASDAQ:CRTO) is a huge mover today! The stock decreased 22.75% or $7.19 during the last trading session, reaching $24.42. About 16.49M shares traded or 1383.32% up from the average. Criteo S.A. (NASDAQ:CRTO) has risen 11.11% since December 14, 2016 and is uptrending. It has underperformed by 5.59% the S&P500.
The move comes after 6 months negative chart setup for the $1.61 billion company. It was reported on Dec, 14 by Barchart.com. We have $22.22 PT which if reached, will make NASDAQ:CRTO worth $145.08M less.

Analysts await Criteo S.A. (NASDAQ:CRTO) to report earnings on February, 28. They expect $0.73 earnings per share, up 14.06 % or $0.09 from last year’s $0.64 per share. CRTO’s profit will be $48.19 million for 8.36 P/E if the $0.73 EPS becomes a reality. After $0.38 actual earnings per share reported by Criteo S.A. for the previous quarter, Wall Street now forecasts 92.11 % EPS growth.

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

Among 21 analysts covering Criteo SA (NASDAQ:CRTO), 12 have Buy rating, 0 Sell and 9 Hold. Therefore 57% are positive. Criteo SA had 43 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Thursday, September 14 by Stifel Nicolaus. The stock of Criteo S.A. (NASDAQ:CRTO) earned “Equal-Weight” rating by Morgan Stanley on Tuesday, January 26. Susquehanna downgraded Criteo S.A. (NASDAQ:CRTO) on Tuesday, September 6 to “Neutral” rating. The firm has “Buy” rating given on Friday, November 25 by Berenberg. The stock has “Hold” rating by Stifel Nicolaus on Wednesday, August 2. On Tuesday, December 22 the stock rating was initiated by Suntrust Robinson with “Buy”. As per Wednesday, March 29, the company rating was downgraded by Goldman Sachs. Jefferies maintained the shares of CRTO in report on Thursday, August 4 with “Buy” rating. The firm earned “Buy” rating on Thursday, August 4 by Citigroup. The company was maintained on Wednesday, June 7 by RBC Capital Markets.

More important recent Criteo S.A. (NASDAQ:CRTO) news were published by: Fool.com which released: “Criteo SA Sustains Its Momentum” on May 04, 2017, also Fool.com published article titled: “Criteo SA Beats Expectations Again on Innovation, New Customer Growth”, Fool.com published: “Criteo SA Is Feeling the Burn of Apple’s Innovation” on November 01, 2017. More interesting news about Criteo S.A. (NASDAQ:CRTO) was released by: Benzinga.com and their article: “Analysts Diverge On Their View Of Criteo; Did The Market Side With The Bull Or …” with publication date: September 18, 2017.

Criteo S.A., a technology company, engages in digital performance marketing in France and internationally. The company has market cap of $1.61 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 21.44 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.

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