Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $50.63 on Criteo S.A. (NASDAQ:CRTO) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $1.80 for the next fiscal and $N/A for underway quarter.
Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of Criteo S.A. (NASDAQ:CRTO) stands at 31.69.
Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For Criteo S.A., the PEG ratio for coming 3-5 years is 1.03.
The technical analysis highlights that Criteo S.A. current is trading $-4.71 points away or -11.81% from its 50-day moving average of $39.85. Further it is trading $-6.26 or -15.12% away its 200-day moving average of $41.40.
The 52-week high of Criteo S.A. (NASDAQ:CRTO) was $47.81 while lowest point recorded in 52-week was $24.23. It implies if stock price makes a movement of over $-12.67, it will record a new 52-week high. In the case of +45.03% drop, it will touch a new 52-week low.
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