Is Trade Desk Stock a Good Investment?
Trade Desk Investment Advice | TTD |
- Examine Trade Desk's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Trade Desk's leadership team and their track record. Good management can help Trade Desk navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Application Software space and any emerging trends that could impact Trade Desk's business and its evolving consumer preferences.
- Compare Trade Desk's performance and market position to its competitors. Analyze how Trade Desk is positioned in terms of product offerings, innovation, and market share.
- Check if Trade Desk pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Trade Desk's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Trade Desk stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Trade Desk is a good investment.
Sell | Buy |
Strong Hold
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Trade Desk Stock
Researching Trade Desk's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 81.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 2.44. Trade Desk had not issued any dividends in recent years. The entity had 10:1 split on the 17th of June 2021.
To determine if Trade Desk is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Trade Desk's research are outlined below:
| Over 81.0% of the company shares are owned by institutional investors | |
| Latest headline from thelincolnianonline.com: Baron Wealth Management LLC Sells 352 Shares of The Trade Desk, Inc. |
Trade Desk uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Trade Desk. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Trade Desk's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 15th of February 2024 Upcoming Quarterly Report | View | |
| 8th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 15th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Trade Desk's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Trade Desk's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2019-11-07 | 2019-09-30 | 0.07 | 0.08 | 0.01 | 14 | ||
2018-02-22 | 2017-12-31 | 0.04 | 0.05 | 0.01 | 25 | ||
2017-11-09 | 2017-09-30 | 0.03 | 0.04 | 0.01 | 33 | ||
2017-02-16 | 2016-12-31 | 0.02 | 0.03 | 0.01 | 50 | ||
2017-05-11 | 2017-03-31 | 0.0014 | 0.02 | 0.0186 | 1328 | ||
2018-11-08 | 2018-09-30 | 0.05 | 0.07 | 0.02 | 40 | ||
2018-08-09 | 2018-06-30 | 0.04 | 0.06 | 0.02 | 50 | ||
2018-05-10 | 2018-03-31 | 0.01 | 0.03 | 0.02 | 200 |
Know Trade Desk's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Trade Desk is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Trade Desk backward and forwards among themselves. Trade Desk's institutional investor refers to the entity that pools money to purchase Trade Desk's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Norges Bank | 2024-06-30 | 4.8 M | T. Rowe Price Associates, Inc. | 2024-06-30 | 3.2 M | D. E. Shaw & Co Lp | 2024-06-30 | 3.1 M | Millennium Management Llc | 2024-06-30 | 2.8 M | Bank Of America Corp | 2024-06-30 | 2.7 M | Northern Trust Corp | 2024-09-30 | 2.7 M | Fmr Inc | 2024-09-30 | 2.6 M | Macquarie Group Ltd | 2024-06-30 | 2.5 M | Legal & General Group Plc | 2024-06-30 | 2.5 M | Vanguard Group Inc | 2024-09-30 | 42.4 M | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 39.4 M |
Trade Desk's market capitalization trends
The company currently falls under 'Large-Cap' category with a total capitalization of 61.15 B.Market Cap |
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Trade Desk's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.04 | 0.05 | |
| Return On Capital Employed | 0.08 | 0.08 | |
| Return On Assets | 0.04 | 0.05 | |
| Return On Equity | 0.08 | 0.08 |
Determining Trade Desk's profitability involves analyzing its financial statements and using various financial metrics to determine if Trade Desk is a good buy. For example, gross profit margin measures Trade Desk's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Trade Desk's profitability and make more informed investment decisions.
Please note, the presentation of Trade Desk's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Trade Desk's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Trade Desk's management manipulating its earnings.
Evaluate Trade Desk's management efficiency
Trade Desk has Return on Asset of 0.0469 % which means that on every $100 spent on assets, it made $0.0469 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1289 %, implying that it generated $0.1289 on every 100 dollars invested. Trade Desk's management efficiency ratios could be used to measure how well Trade Desk manages its routine affairs as well as how well it operates its assets and liabilities. At present, Trade Desk's Return On Assets are projected to increase slightly based on the last few years of reporting. At present, Trade Desk's Net Tangible Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 603.5 M, whereas Intangible Assets are forecasted to decline to about 9.7 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 4.42 | 4.64 | |
| Tangible Book Value Per Share | 4.39 | 4.61 | |
| Enterprise Value Over EBITDA | 122.99 | 116.84 | |
| Price Book Value Ratio | 16.27 | 26.06 | |
| Enterprise Value Multiple | 122.99 | 116.84 | |
| Price Fair Value | 16.27 | 26.06 |
Understanding the operational decisions made by Trade Desk management offers insights into its financial robustness. This evaluation is crucial for assessing the stock's investment potential.
Beta 1.47 |
Basic technical analysis of Trade Stock
As of the 21st of November, Trade Desk has the Coefficient Of Variation of 648.2, semi deviation of 1.78, and Risk Adjusted Performance of 0.1225. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Trade Desk, as well as the relationship between them. Please validate Trade Desk variance, as well as the relationship between the value at risk and skewness to decide if Trade Desk is priced more or less accurately, providing market reflects its prevalent price of 127.35 per share. Given that Trade Desk has jensen alpha of 0.2155, we advise you to double-check Trade Desk's current market performance to make sure the company can sustain itself at a future point.Trade Desk's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Trade Desk insiders, such as employees or executives, is commonly permitted as long as it does not rely on Trade Desk's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Trade Desk insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Laura Schenkein 3 days ago Disposition of 3131 shares by Laura Schenkein of Trade Desk at 117.97 subject to Rule 16b-3 | ||
Laura Schenkein over three weeks ago Disposition of 25000 shares by Laura Schenkein of Trade Desk at 5.413 subject to Rule 16b-3 | ||
Laura Schenkein over three months ago Disposition of 122 shares by Laura Schenkein of Trade Desk at 100.5 subject to Rule 16b-3 | ||
Samantha Jacobson over three months ago Disposition of 4872 shares by Samantha Jacobson of Trade Desk at 99.5 subject to Rule 16b-3 | ||
Jay Grant over three months ago Disposition of 23565 shares by Jay Grant of Trade Desk at 57.391 subject to Rule 16b-3 | ||
Jeff Green over six months ago Disposition of 633 shares by Jeff Green of Trade Desk at 87.97 subject to Rule 16b-3 | ||
Vivian Yang over a year ago Exercise or conversion by Vivian Yang of 875 shares of Trade Desk subject to Rule 16b-3 |
Trade Desk's Outstanding Corporate Bonds
Trade Desk issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Trade Desk uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Trade bonds can be classified according to their maturity, which is the date when Trade Desk has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| WMB 35 15 OCT 51 Corp BondUS88339WAA45 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View |
Understand Trade Desk's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Trade Desk's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1225 | |||
| Market Risk Adjusted Performance | 0.3046 | |||
| Mean Deviation | 1.49 | |||
| Semi Deviation | 1.78 | |||
| Downside Deviation | 2.09 | |||
| Coefficient Of Variation | 648.2 | |||
| Standard Deviation | 2.03 | |||
| Variance | 4.13 | |||
| Information Ratio | 0.1073 | |||
| Jensen Alpha | 0.2155 | |||
| Total Risk Alpha | 0.0731 | |||
| Sortino Ratio | 0.1042 | |||
| Treynor Ratio | 0.2946 | |||
| Maximum Drawdown | 12.33 | |||
| Value At Risk | (3.12) | |||
| Potential Upside | 3.36 | |||
| Downside Variance | 4.37 | |||
| Semi Variance | 3.16 | |||
| Expected Short fall | (1.62) | |||
| Skewness | (0.44) | |||
| Kurtosis | 2.06 |
| Risk Adjusted Performance | 0.1225 | |||
| Market Risk Adjusted Performance | 0.3046 | |||
| Mean Deviation | 1.49 | |||
| Semi Deviation | 1.78 | |||
| Downside Deviation | 2.09 | |||
| Coefficient Of Variation | 648.2 | |||
| Standard Deviation | 2.03 | |||
| Variance | 4.13 | |||
| Information Ratio | 0.1073 | |||
| Jensen Alpha | 0.2155 | |||
| Total Risk Alpha | 0.0731 | |||
| Sortino Ratio | 0.1042 | |||
| Treynor Ratio | 0.2946 | |||
| Maximum Drawdown | 12.33 | |||
| Value At Risk | (3.12) | |||
| Potential Upside | 3.36 | |||
| Downside Variance | 4.37 | |||
| Semi Variance | 3.16 | |||
| Expected Short fall | (1.62) | |||
| Skewness | (0.44) | |||
| Kurtosis | 2.06 |
Consider Trade Desk's intraday indicators
Trade Desk intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Trade Desk stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 212429.0 | |||
| Daily Balance Of Power | 0.5529 | |||
| Rate Of Daily Change | 1.03 | |||
| Day Median Price | 125.43 | |||
| Day Typical Price | 126.07 | |||
| Price Action Indicator | 3.64 | |||
| Period Momentum Indicator | 3.45 | |||
| Relative Strength Index | 79.45 |
Trade Desk Corporate Filings
F4 | 19th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 18th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 14th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
| 3rd of October 2024 Other Reports | ViewVerify |
Trade Stock media impact
Far too much social signal, news, headlines, and media speculation about Trade Desk that are available to investors today. That information is available publicly through Trade media outlets and privately through word of mouth or via Trade internal channels. However, regardless of the origin, that massive amount of Trade data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Trade Desk news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Trade Desk relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Trade Desk's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Trade Desk alpha.
Trade Desk Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Trade Desk can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Trade Desk Historical Investor Sentiment
Investor biases related to Trade Desk's public news can be used to forecast risks associated with an investment in Trade. The trend in average sentiment can be used to explain how an investor holding Trade can time the market purely based on public headlines and social activities around Trade Desk. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Trade Desk's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Trade Desk and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Trade Desk news discussions. The higher the estimate score, the more favorable the investor's outlook on Trade Desk.
Trade Desk Corporate Management
| Samantha Jacobson | Chief VP | Profile | |
| Ian Colley | Executive Officer | Profile | |
| Naseem Tuffaha | Chief Officer | Profile | |
| Robyn Perry | Senior Operations | Profile | |
| Laura Schenkein | Chief Officer | Profile | |
| Brian Stempeck | Chief Client Officer | Profile |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trade Desk. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For information on how to trade Trade Stock refer to our How to Trade Trade Stock guide.You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Trade Desk. If investors know Trade will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Trade Desk listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.375 | Earnings Share 0.62 | Revenue Per Share 4.716 | Quarterly Revenue Growth 0.273 | Return On Assets 0.0469 |
The market value of Trade Desk is measured differently than its book value, which is the value of Trade that is recorded on the company's balance sheet. Investors also form their own opinion of Trade Desk's value that differs from its market value or its book value, called intrinsic value, which is Trade Desk's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Trade Desk's market value can be influenced by many factors that don't directly affect Trade Desk's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Trade Desk's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Trade Desk is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trade Desk's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.