Trade Desk Inc

Company Profile

Trade Desk Inc had its IPO on 2016-09-21 under the ticker symbol TTD.

The company operates in the Technology sector and Software-Application industry. Trade Desk Inc has a staff strength of 2,770 employees.

Stock update

Shares of Trade Desk Inc opened at $85.58 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $85.5 - $87.74, and closed at $85.8.

This is a -0.84% slip from the previous day's closing price.

A total volume of 2,813,038 shares were traded at the close of the day’s session.

In the last one week, shares of Trade Desk Inc have increased by +7.34%.

Trade Desk Inc's Key Ratios

Trade Desk Inc has a market cap of $42.42 billion, indicating a price to book ratio of 13.0261 and a price to sales ratio of 15.1757.

In the last 12-months Trade Desk Inc’s revenue was $1.73 billion with a gross profit of $1.30 billion and an EBITDA of $209.49 million. The EBITDA ratio measures Trade Desk Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Trade Desk Inc’s operating margin was 8.5% while its return on assets stood at 2.3% with a return of equity of 6.72%.

In Q2, Trade Desk Inc’s quarterly earnings growth was a positive 770.4% while revenue growth was a positive 23.2%.

Trade Desk Inc’s PE and PEG Ratio

Forward PE

43.8596

Trailing PE

332.8077

PEG

1.8297

Its diluted EPS in the last 12-months stands at $0.26 per share while it has a forward price to earnings multiple of 43.8596 and a PEG multiple of 1.8297. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Trade Desk Inc’s profitability.

Trade Desk Inc stock is trading at a EV to sales ratio of 16.1069 and a EV to EBITDA ratio of 629.0446. Its price to sales ratio in the trailing 12-months stood at 15.1757.

Trade Desk Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$4.35 billion

Total Liabilities

$2.05 billion

Operating Cash Flow

$-33264000.00

Capital Expenditure

$9.35 million

Dividend Payout Ratio

0%

Trade Desk Inc ended 2024 with $4.35 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $4.35 billion while shareholder equity stood at $2.07 billion.

Trade Desk Inc ended 2024 with $0 in deferred long-term liabilities, $2.05 billion in other current liabilities, in common stock, $370.91 million in retained earnings and $0 in goodwill. Its cash balance stood at $965.83 million and cash and short-term investments were $1.43 billion. The company’s total short-term debt was $54,793,000 while long-term debt stood at $0.

Trade Desk Inc’s total current assets stands at $3.83 billion while long-term investments were $0 and short-term investments were $465.11 million. Its net receivables were $2.35 billion compared to accounts payable of $1.89 billion and inventory worth $0.

In 2024, Trade Desk Inc's operating cash flow was $-33264000.00 while its capital expenditure stood at $9.35 million.

Comparatively, Trade Desk Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$85.8

52-Week High

$91.85

52-Week Low

$39.43

Analyst Target Price

$78.18

Trade Desk Inc stock is currently trading at $85.8 per share. It touched a 52-week high of $91.85 and a 52-week low of $91.85. Analysts tracking the stock have a 12-month average target price of $78.18.

Its 50-day moving average was $81.37 and 200-day moving average was $64.06 The short ratio stood at 2.51 indicating a short percent outstanding of 0%.

Around 113.5% of the company’s stock are held by insiders while 7813% are held by institutions.