Trade Report: The Trade Desk Inc (TTD) Forecasted to Post FY2016 Earnings of $0.93 Per Share

The Trade Desk Inc (TTD) Forecasted to Post FY2016 Earnings of $0.93 Per Share

Trade Desk Inc (NYSE:TTD) – Equities research analysts at Cantor Fitzgerald issued their FY2016 earnings per share (EPS) estimates for Trade Desk in a research report issued to clients and investors on Monday. Cantor Fitzgerald analyst Y. Squali forecasts that the firm will earn $0.93 per share for the year. Cantor Fitzgerald currently has a “Buy” rating and a $30.00 target price on the stock. Cantor Fitzgerald also issued estimates for Trade Desk’s FY2017 earnings at $1.20 EPS.

Separately, Susquehanna started coverage on shares of Trade Desk in a research note on Friday, September 23rd. They issued a “positive” rating and a $40.00 price objective for the company.

Shares of Trade Desk (NYSE:TTD) opened at 25.97 on Wednesday. Trade Desk has a 1-year low of $23.50 and a 1-year high of $33.40. The stock’s 50 day moving average is $27.47 and its 200-day moving average is $27.47. The firm’s market cap is $286.58 million.

In other news, Director Eric B. Paley sold 299,979 shares of Trade Desk stock in a transaction on Monday, September 26th. The shares were sold at an average price of $18.00, for a total value of $5,399,622.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

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