The stock of Rocket Fuel Inc (NASDAQ:FUEL) is a huge mover today! About 101,410 shares traded hands. Rocket Fuel Inc (NASDAQ:FUEL) has declined 36.08% since March 7, 2016 and is downtrending. It has underperformed by 43.67% the S&P500.
The move comes after 8 months positive chart setup for the $110.63 million company. It was reported on Oct, 10 by Barchart.com. We have $7.48 PT which if reached, will make NASDAQ:FUEL worth $212.41M more.
Analysts await Rocket Fuel Inc (NASDAQ:FUEL) to report earnings on November, 2. They expect $-0.22 earnings per share, up 29.03% or $0.09 from last year’s $-0.31 per share. After $-0.25 actual earnings per share reported by Rocket Fuel Inc for the previous quarter, Wall Street now forecasts -12.00% EPS growth.
Rocket Fuel Inc (NASDAQ:FUEL) Ratings Coverage
Out of 2 analysts covering Rocket Fuel (NASDAQ:FUEL), 0 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 0 are positive. Rocket Fuel has been the topic of 7 analyst reports since August 6, 2015 according to StockzIntelligence Inc. Evercore maintained the shares of FUEL in a report on Thursday, September 3 with “Hold” rating. The stock of Rocket Fuel Inc (NASDAQ:FUEL) has “Buy” rating given on Tuesday, August 11 by Zacks. The firm has “Neutral” rating by Citigroup given on Monday, September 28. Boenning & Scattergood initiated Rocket Fuel Inc (NASDAQ:FUEL) on Thursday, November 12 with “Neutral” rating.
According to Zacks Investment Research, “Rocket Fuel Inc. is a leading provider of artificial intelligence advertising solutions for digital marketers. They deliver a leading programmatic media-buying platform at Big Data scale that harnesses the power of artificial intelligence to improve marketing ROI in digital media across web, mobile, video, and social channels. Rocket Fuel powers digital advertising and marketing programs globally for customers in North America, Europe, and Japan. Customers trust Rocket Fuel’s Advertising That Learns platform to achieve brand and direct-response objectives in diverse industries from luxury cars to groceries to retail.”
Insitutional Activity: The institutional sentiment decreased to 0.52 in 2016 Q2. Its down 0.84, from 1.36 in 2016Q1. The ratio worsened, as 15 funds sold all Rocket Fuel Inc shares owned while 27 reduced positions. 8 funds bought stakes while 14 increased positions. They now own 12.64 million shares or 8.12% less from 13.75 million shares in 2016Q1.
Gmt Cap accumulated 0% or 44,616 shares. Jpmorgan Chase And last reported 0% of its portfolio in the stock. Renaissance Lc last reported 2.56 million shares in the company. Aqr Capital Lc accumulated 27,964 shares or 0% of the stock. Invesco has invested 0% of its portfolio in Rocket Fuel Inc (NASDAQ:FUEL). Barclays Public Ltd accumulated 158,485 shares or 0% of the stock. Blackrock Institutional Trust Communications Na accumulated 0% or 299,206 shares. Tower Cap Lc (Trc) accumulated 0% or 13,363 shares. Group One Trading Limited Partnership reported 19,213 shares or 0% of all its holdings. Susquehanna Gru Llp has invested 0% of its portfolio in Rocket Fuel Inc (NASDAQ:FUEL). Blackrock Llc has 0% invested in the company for 5,595 shares. Bridgeway Mngmt accumulated 172,912 shares or 0.01% of the stock. Kcg Holdg accumulated 11,206 shares or 0% of the stock. Royal Fincl Bank Of Canada holds 0% of its portfolio in Rocket Fuel Inc (NASDAQ:FUEL) for 8,118 shares. Moreover, Citigroup has 0% invested in Rocket Fuel Inc (NASDAQ:FUEL) for 2,072 shares.
More news for Rocket Fuel Inc (NASDAQ:FUEL) were recently published by: Profitconfidential.com, which released: “FUEL Stock: Has Rocket Fuel Inc Finally Bottomed?” on August 15, 2016. Benzinga.com‘s article titled: “Rocket Fuel Inc Blasts Away Q2 Estimates; Credit Suisse Maintains Outperform” and published on August 03, 2016 is yet another important article.
FUEL Company Profile
Rocket Fuel Inc., incorporated on March 25, 2008, is a technology company, which offers a Programmatic Marketing Platform that is designed for helping marketers and their agencies to connect with clients through digital media. The Company’s service offerings are organized around platforms, including Data Management Platform (DMP) and Demand Side Platform (DSP). DMP and DSP are used by clients themselves or integrating with other customer relationship management or marketing platforms, and together in various permutations as its Programmatic Marketing Platform. The integrated platform is designed to deliver and optimize media spend to engage, upsell and retarget clients across addressable channels, including display, mobile, video, social and television, and across addressable devices, including tablets, personal computers, set top boxes, television and mobile phones. The Firm offers Programmatic Marketing Platform as a managed service, which it operate on behalf of its customers, and as a self-service platform operated by its clients or their agencies directly. The Company’s Programmatic Marketing Platform uses a technology, Moment Scoring.
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