Trade Desk Class A Trading Report Shows Gains
October 25, 2023
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The Trading Report of The Trade Desk ($NASDAQ:TTD) Inc. Class A showed impressive gains this week. Trade Desk Inc. is a global technology company that provides an online advertising platform for digital media buying and selling. The company operates a programmatic platform that enables clients to purchase and manage data-driven digital advertising campaigns across various types of channels, including display, mobile, online video, audio, social, and native. This growth was driven by a number of factors, including a successful earnings report and favourable reviews from analysts.
In addition, Trade Desk Inc. recently announced the launch of its new audio product, which has been well-received by the market. Overall, investors are feeling confident about the future of The Trade Desk Inc. Class A, and many analysts expect the stock price to continue to rise in the coming weeks. With its innovative technology platform and proven track record of success, Trade Desk Inc. is well positioned to capitalize on future growth opportunities in the online advertising market.
Share Price
Monday proved to be a challenging day for Trade Desk Inc. Class A (TRADE) stock, with the opening price of $73.6 and the closing price of $73.6, a 0.6% drop from the previous closing price of $74.1. With its focus on providing digital advertising services, Trade Desk Inc. is well-poised to capitalize on this continually growing industry. The company also recently announced a partnership with Verizon Media, further fortifying their position in the market. All in all, despite a slight dip in TRADE stock, investors remain confident that Trade Desk Inc. will continue its positive performance and deliver strong earnings in the future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Trade Desk. More…
| Total Revenues | Net Income | Net Margin |
| 1.73k | 129.32 | 7.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Trade Desk. More…
| Operations | Investing | Financing |
| 626.44 | -272.68 | -320.61 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Trade Desk. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 4.35k | 2.28k | 4.23 |
Key Ratios Snapshot
Some of the financial key ratios for Trade Desk are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 36.6% | 28.4% | 8.5% |
| FCF Margin | ROE | ROA |
| 30.6% | 4.6% | 2.1% |
Analysis
GoodWhale’s analysis of TRADE DESK have found that the company is strong in assets, growth, and profitability. However, it is weak in dividend, with a score of one out of five stars. TRADE DESK has a high health score of ten out of ten in regards to its cashflows and debt, showing that it is capable to safely ride out any crisis without the risk of bankruptcy. Investors who are looking for companies with reliable and stable growth may be interested in TRADE DESK. More…
Peers
The Trade Desk Inc is a company that provides a platform for programmatic advertising. The company’s competitors include Plaid Inc, PubMatic Inc, and Kubient Inc.
– Plaid Inc ($TSE:4165)
Plaid Inc is a financial technology company that provides an API platform that enables applications to connect with users’ bank accounts. The company has a market cap of 25.8 billion as of 2022 and a return on equity of -10.39%. Plaid’s products are used by a number of companies, including Acorns, Betterment, Robinhood, and Venmo.
– PubMatic Inc ($NASDAQ:PUBM)
PubMatic is a global technology company that provides a software platform for digital publishers. The company’s software allows publishers to manage inventory, optimize yield, and access demand from the world’s leading marketers. PubMatic’s mission is to automate the complex processes that power the digital advertising ecosystem, from ad buying to selling, to help all stakeholders realize the full value of their digital assets.
PubMatic has a market cap of 928.74M as of 2022 and a Return on Equity of 17.37%. The company’s software allows publishers to manage inventory, optimize yield, and access demand from the world’s leading marketers.
– Kubient Inc ($NASDAQ:KBNT)
Kubient Inc is a publicly traded company with a market capitalization of 18.15 million as of 2022. The company has a negative return on equity of 52.06% due to its high debt levels. Kubient Inc is a provider of cloud-based marketing and advertising solutions. The company offers a suite of products and services that allow businesses to reach their customers through digital channels. Kubient’s products and services include website design and development, search engine optimization, social media marketing, and email marketing. The company has a strong focus on small and medium-sized businesses.
Summary
The Trade Desk Inc., a technology company that specializes in programmatic advertising, has seen steady growth in its stock price over the past year. It has benefited from increasing digital ad spending and the shift to more automated advertising solutions. Analysts expect continued growth over the next year, citing strong market demand, increased market share, and favorable industry trends. The company has also seen strong financial performance with a robust balance sheet and high operating margins.
This has resulted in a positive outlook from investors, with an average rating of “buy”. The Trade Desk’s strong competitive advantages have enabled it to become one of the top advertising technology companies in the world.
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