Today’s Stock On Watch: Is Buying Stock Like Criteo SA (ADR) After Such Increase Winning Strategy?

Today's Stock On Watch: Is Buying Stock Like Criteo SA (ADR) After Such Increase Winning Strategy?

The stock of Criteo SA (ADR) (NASDAQ:CRTO) is a huge mover today! About 517,137 shares traded hands. Criteo SA (ADR) (NASDAQ:CRTO) has declined 12.70% since March 7, 2016 and is downtrending. It has underperformed by 20.29% the S&P500.
The move comes after 8 months positive chart setup for the $2.15 billion company. It was reported on Oct, 10 by We have $42.00 PT which if reached, will make NASDAQ:CRTO worth $494.50M more.

Analysts await Criteo SA (ADR) (NASDAQ:CRTO) to report earnings on November, 2. They expect $0.31 EPS, up 287.50% or $0.23 from last year’s $0.08 per share. CRTO’s profit will be $19.52M for 27.54 P/E if the $0.31 EPS becomes a reality. After $0.21 actual EPS reported by Criteo SA (ADR) for the previous quarter, Wall Street now forecasts 47.62% EPS growth.

Criteo SA (ADR) (NASDAQ:CRTO) Ratings Coverage

Out of 12 analysts covering Criteo SA (NASDAQ:CRTO), 9 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 75% are positive. Criteo SA has been the topic of 13 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The rating was initiated by Boenning & Scattergood with “Outperform” on Friday, February 5. The stock of Criteo SA (ADR) (NASDAQ:CRTO) earned “Hold” rating by Evercore on Thursday, September 3. The company was maintained on Thursday, August 4 by Citigroup. Susquehanna initiated the shares of CRTO in a report on Monday, August 10 with “Positive” rating. The stock has “Outperform” rating given by Cowen & Co on Monday, September 21. Morgan Stanley initiated it with “Equal-Weight” rating and $36 target price in Tuesday, January 26 report. RBC Capital Markets maintained Criteo SA (ADR) (NASDAQ:CRTO) rating on Thursday, November 5. RBC Capital Markets has “Outperform” rating and $59 price target. The firm has “Buy” rating given on Tuesday, December 22 by Suntrust Robinson. The firm has “Buy” rating given on Thursday, August 4 by Jefferies. The firm has “Neutral” rating by Susquehanna given on Tuesday, September 6.

According to Zacks Investment Research, “Criteo SA is a global technology company that specializes in performance display advertising. The Company offers clients a range of solutions such as click per cost, online banner displays, user optimization, data security, and search management tools to control campaign costs. It serves companies in the online retail, classifieds, and travel segments. Criteo SA is headquartered in Paris, France.”

Insitutional Activity: The institutional sentiment increased to 1.26 in 2016 Q2. Its up 0.37, from 0.89 in 2016Q1. The ratio is positive, as 15 funds sold all Criteo SA (ADR) shares owned while 46 reduced positions. 34 funds bought stakes while 43 increased positions. They now own 39.87 million shares or 12.70% more from 35.38 million shares in 2016Q1.
The Virginia-based Yorktown Mgmt Research Co has invested 0.07% in Criteo SA (ADR) (NASDAQ:CRTO). First Personal Financial holds 0% of its portfolio in Criteo SA (ADR) (NASDAQ:CRTO) for 79 shares. Moreover, Natixis has 0.01% invested in Criteo SA (ADR) (NASDAQ:CRTO) for 9,207 shares. Parallax Volatility Advisers L P holds 3,265 shares or 0% of its portfolio. Glg Prtn Lp last reported 0.01% of its portfolio in the stock. Barclays Public Ltd Company last reported 0% of its portfolio in the stock. The United Kingdom-based Henderson Public Limited has invested 0.43% in Criteo SA (ADR) (NASDAQ:CRTO). Jpmorgan Chase And Com has 5,476 shares for 0% of their US portfolio. Oppenheimer And has 44,068 shares for 0.06% of their US portfolio. Ameriprise Fin reported 890,735 shares or 0.02% of all its holdings. Mycio Wealth Partners Ltd Liability Com last reported 33 shares in the company. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% or 5,400 shares in its portfolio. Oak Ridge Invests Ltd Liability Corporation holds 0.93% of its portfolio in Criteo SA (ADR) (NASDAQ:CRTO) for 785,182 shares. Pictet Asset Management Ltd last reported 340,962 shares in the company. 1492 Cap Management Limited has invested 0.34% of its portfolio in Criteo SA (ADR) (NASDAQ:CRTO).

More notable recent Criteo SA (ADR) (NASDAQ:CRTO) news were published by: which released: “Criteo SA downgraded to neutral from positive at Susquehanna” on September 11, 2011, also with their article: “Criteo SA (ADR) Serves Up Another Quarterly Beat” published on May 05, 2016, published: “Why Shares of Criteo SA (ADR) Jumped Today” on February 10, 2016. More interesting news about Criteo SA (ADR) (NASDAQ:CRTO) were released by: and their article: “DOW JONES, A NEWS CORP COMPANY” published on September 21, 2011 as well as‘s news article titled: “Criteo SA (ADR) Crumbles Despite Another Solid Quarter” with publication date: November 05, 2015.

CRTO Company Profile

Criteo S.A., incorporated on October 19, 2005, is a global technology firm specializing in digital performance marketing. The Company’s solution consists of the Criteo Engine, the Company’s data assets, access to inventory, and its advertiser and publisher platforms. The Criteo Engine consists of various machine learning algorithms, such as prediction, recommendation, bidding and creative algorithms and the global hardware and software infrastructure. The Firm operates in approximately 90 countries through a network of over 30 international offices located in Europe, the Americas and the Asia-Pacific region. The Criteo Engine delivers advertisements through multiple marketing channels and formats, including display advertising banners, native advertising banners and marketing messages delivered to opt-in e-mail addresses. Advertisements are delivered on all devices and screens, including Web browsers on desktops and laptops, mobile Web browsers on smartphones and tablets, as well as mobile applications.

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