Stock To Watch: TechTarget, Inc. (NASDAQ:TTGT)


The leading market experts have placed a mean price target of $10.70 on TechTarget, Inc. (NASDAQ:TTGT) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.12 a share for the upcoming quarter and $0.40 for the current fiscal. Technical View The technical analysis of TechTarget, Inc. plainly substantiates that the 50-day moving average of TechTarget, Inc. is $8.12, and stock is hovering 0.01 or +0.15% distant from $8.12. It is noted that the 200-day MA is $7.69, and TechTarget, Inc. stock is $0.44 or +5.71% off from this point. TechTarget, Inc. (NASDAQ:TTGT) 52-week high is $10.94 and the 52-week low is $5.98. This explains if the stock moves $-2.81, it will post a 52-week high. In event of $+35.95% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of TechTarget, Inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, TechTarget, Inc. (NASDAQ:TTGT) ratio came in at 40.25. The stock last ended the trading session at $8.13 and registered a market cap of $262.25M. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. TechTarget, Inc. (NASDAQ:TTGT) PEG ratio is at 0.82.

1 Chart Pattern Every Investor Should Know

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