Trade Desk Stock Today

TTD Stock  USD 81.07  3.23  4.15%   

Performance

5 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Less than 5

 
High
 
Low
Very Low
Trade Desk is trading at 81.07 as of the 23rd of April 2024, a 4.15 percent increase since the beginning of the trading day. The stock's lowest day price was 77.91. Trade Desk has under 5 % chance of experiencing financial distress over the next 2 years but had a somewhat modest performance during the last 90 days. Equity ratings for Trade Desk are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of February 2024 and ending today, the 23rd of April 2024. Click here to learn more.
Business Domain
Software & Services
IPO Date
21st of September 2016
Category
Technology
Classification
Information Technology
Trade Desk, Inc. operates as a technology company in the United States and internationally. The Trade Desk, Inc. was incorporated in 2009 and is headquartered in Ventura, California. Trade Desk operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. The company has 444.81 M outstanding shares of which 9.14 M shares are at this time shorted by investors with about 2.42 days to cover. More on Trade Desk

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Trade Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Trade Desk's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Trade Desk or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO, Founder and Board MemberJeff Green
Old Names[Tinkerine Studios Ltd, Tam Duc Cardiology Hospital JSC]
Business ConcentrationApplication Software, Software - Application, Information Technology, NASDAQ 100 Pre, Nasdaq 100, NASDAQ Composite, ISE Cloud Computing, Information Technology, Software, Software—Application, Technology (View all Sectors)
Average Analyst Recommendation
Analysts covering Trade Desk report their recommendations after researching Trade Desk's financial statements, talking to executives and customers, or listening in on Trade Desk's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Trade Desk. The Trade consensus assessment is calculated by taking the average forecast from all of the analysts covering Trade Desk.
Financial Strength
Based on the analysis of Trade Desk's profitability, liquidity, and operating efficiency, Trade Desk may be sliding down financialy. It has an above-average chance of going through some form of financial crunch next quarter. Financial strength of Trade Desk is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.05430.0366
Way Up
Slightly volatile
Asset Turnover0.430.3981
Significantly Up
Slightly volatile
Gross Profit Margin0.630.8121
Significantly Down
Pretty Stable
Total Current Liabilities2.6 B2.5 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total141.9 M213.6 M
Way Down
Slightly volatile
Total Assets5.1 B4.9 B
Sufficiently Up
Slightly volatile
Total Current Assets4.5 B4.3 B
Sufficiently Up
Slightly volatile
Trade Desk's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Trade Desk's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Trade Desk's financial leverage. It provides some insight into what part of Trade Desk's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Trade Desk's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Trade Desk deploys its capital and how much of that capital is borrowed.
Liquidity
Trade Desk cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 235.89 M in debt with debt to equity (D/E) ratio of 0.15, which may show that the company is not taking advantage of profits from borrowing. Trade Desk has a current ratio of 1.88, which is typical for the industry and considered as normal. Debt can assist Trade Desk until it has trouble settling it off, either with new capital or with free cash flow. So, Trade Desk's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Trade Desk sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Trade to invest in growth at high rates of return. When we think about Trade Desk's use of debt, we should always consider it together with cash and equity.

Change To Inventory

(287.1 Million)
Trade Desk (TTD) is traded on NASDAQ Exchange in USA. It is located in 42 North Chestnut Street, Ventura, CA, United States, 93001 and employs 3,115 people. Trade Desk is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 38.04 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Trade Desk's market, we take the total number of its shares issued and multiply it by Trade Desk's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Trade Desk runs under Software sector within Information Technology industry. The entity has 444.81 M outstanding shares of which 9.14 M shares are at this time shorted by investors with about 2.42 days to cover. Trade Desk has about 1.21 B in cash with 598.32 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.48.
Check Trade Desk Probability Of Bankruptcy
Ownership Allocation
Trade Desk maintains a total of 444.81 Million outstanding shares. The majority of Trade Desk outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Trade Desk to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Trade Desk. Please pay attention to any change in the institutional holdings of Trade Desk as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Trade Ownership Details

Trade Stock Price Odds Analysis

What are Trade Desk's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Trade Desk jumping above the current price in 90 days from now is about 39.06%. The Trade Desk probability density function shows the probability of Trade Desk stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.2968. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Trade Desk will likely underperform. Additionally, trade Desk has an alpha of 0.2071, implying that it can generate a 0.21 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 81.07HorizonTargetOdds Above 81.07
60.79%90 days
 81.07 
39.06%
Based on a normal probability distribution, the odds of Trade Desk to move above the current price in 90 days from now is about 39.06 (This Trade Desk probability density function shows the probability of Trade Stock to fall within a particular range of prices over 90 days) .

Trade Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Trade Desk that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Trade Desk's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Trade Desk's value.
InstituionRecorded OnShares
Goldman Sachs Group Inc2023-12-31
4.4 M
Norges Bank2023-12-31
3.5 M
Millennium Management Llc2023-12-31
3.3 M
Citadel Advisors Llc2023-09-30
3.2 M
Macquarie Group Ltd2023-12-31
2.9 M
Northern Trust Corp2023-12-31
2.8 M
Ing Investment Management Llc2023-12-31
2.7 M
D. E. Shaw & Co Lp2023-09-30
2.6 M
Legal & General Group Plc2023-12-31
2.5 M
Vanguard Group Inc2023-12-31
41.7 M
Baillie Gifford & Co Limited.2023-12-31
41 M
View Trade Desk Diagnostics

Trade Desk Historical Income Statement

Trade Desk Income Statement is one of the three primary financial statements used for reporting Trade's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Trade Desk revenue and expense. Trade Desk Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Trade Desk's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 546.3 M, whereas Net Income From Continuing Ops is forecasted to decline to about 97.4 M. View More Fundamentals

Trade Stock Against Markets

Picking the right benchmark for Trade Desk stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Trade Desk stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Trade Desk is critical whether you are bullish or bearish towards Trade Desk at a given time. Please also check how Trade Desk's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Trade Desk without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Trade Desk Corporate Directors

Trade Desk corporate directors refer to members of a Trade Desk board of directors. The board of directors generally takes responsibility for the Trade Desk's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Trade Desk's board members must vote for the resolution. The Trade Desk board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Robert PerdueCOO, DirectorProfile
David WellsIndependent DirectorProfile
Rob PerdueCOO, DirectorProfile
Juan VillalongaIndependent DirectorProfile

How to buy Trade Stock?

Before investing in Trade Desk, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Trade Desk. To buy Trade Desk stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Trade Desk. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Trade Desk stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Trade Desk stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Trade Desk stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Trade Desk, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Trade Stock please use our How to Invest in Trade Desk guide.

Already Invested in Trade Desk?

The danger of trading Trade Desk is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Trade Desk is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Trade Desk. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Trade Desk is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Trade Desk is a strong investment it is important to analyze Trade Desk's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Trade Desk's future performance. For an informed investment choice regarding Trade Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trade Desk. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade Trade Stock refer to our How to Trade Trade Stock guide.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Complementary Tools for Trade Stock analysis

When running Trade Desk's price analysis, check to measure Trade Desk's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Trade Desk is operating at the current time. Most of Trade Desk's value examination focuses on studying past and present price action to predict the probability of Trade Desk's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trade Desk's price. Additionally, you may evaluate how the addition of Trade Desk to your portfolios can decrease your overall portfolio volatility.
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Is Trade Desk's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Trade Desk. If investors know Trade will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Trade Desk listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.366
Earnings Share
0.36
Revenue Per Share
3.978
Quarterly Revenue Growth
0.234
Return On Assets
0.027
The market value of Trade Desk is measured differently than its book value, which is the value of Trade that is recorded on the company's balance sheet. Investors also form their own opinion of Trade Desk's value that differs from its market value or its book value, called intrinsic value, which is Trade Desk's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Trade Desk's market value can be influenced by many factors that don't directly affect Trade Desk's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Trade Desk's value and its price as these two are different measures arrived at by different means. Investors typically determine if Trade Desk is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trade Desk's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.