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How Much Is The Trade Desk Inc. (NASDAQ: TTD) Worth And How Can It Be Managed

The Trade Desk Inc. (NASDAQ:TTD)’s traded shares stood at 4.16 million during the last session, with the company’s beta value hitting 1.80. At the close of trading, the stock’s price was $58.88, to imply an increase of 6.88% or $3.79 in intraday trading. The TTD share’s 52-week high remains $76.75, putting it -30.35% down since that peak but still an impressive 33.76% since price per share fell to its 52-week low of $39.00. The company has a valuation of $30.20B, with an average of 3.98 million shares in intraday trading volume over the past 10 days and average of 4.76 million shares over the past 3 months.

The Trade Desk Inc. (NASDAQ:TTD) trade information

After registering a 6.88% upside in the last session, The Trade Desk Inc. (TTD) has traded red over the past five days. The stock hit a weekly high of 59.13 this Thursday, 03/16/23, jumping 6.88% in its intraday price action. The 5-day price performance for the stock is 5.60%, and 17.95% over 30 days. With these gigs, the year-to-date price performance is 31.34%. Short interest in The Trade Desk Inc. (NASDAQ:TTD) saw shorts transact 15.33 million shares and set a 3.8 days time to cover.

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The Trade Desk Inc. (TTD) estimates and forecasts

Looking at statistics comparing The Trade Desk Inc. share performance against respective industry, we note that the company has underperformed competitors. The Trade Desk Inc. (TTD) shares are -7.44% down over the last 6 months, with its year-to-date growth rate lower than industry average at 11.54% against 18.40%. Revenue is forecast to shrink -14.30% this quarter before falling -42.90% for the next one. The rating firms project that company’s revenue will grow 32.00% compared to the previous financial year.

Revenue forecast for the current quarter as set by 19 analysts is $490.49 million. Meanwhile, for the quarter ending Mar 2023, a total of 14 analyst(s) estimate revenue growth to $362.04 million.Earnings reports from the last fiscal year show that sales brought in $395.6 million and $315.32 million respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 24.00% before jumping 14.80% in the following quarter.

An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -1.80% for the past 5-year period. While 2023 is set for a -61.40% return in earnings, projections for the next 5 years are at 24.00% annually.

TTD Dividends

The Trade Desk Inc. has its next earnings report out between May 08 and May 12. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. The Trade Desk Inc. has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.

The Trade Desk Inc. (NASDAQ:TTD)’s Major holders

The Trade Desk Inc. insiders hold 0.90% of total outstanding shares, with institutional holders owning 78.99% of the shares at 79.71% float percentage. In total, 78.99% institutions holds shares in the company, led by Baillie Gifford and Company. As of Dec 30, 2022, the company held over 47.18 million shares (or 10.59% of shares), all amounting to roughly $2.11 billion.

The next major institution holding the largest number of shares is Vanguard Group, Inc. (The) with 39.42 million shares, or about 8.85% of shares outstanding. As of the market price on Sep 29, 2022, these shares were worth $2.36 billion.

We also have Vanguard Total Stock Market Index Fund and Vanguard U.S. Growth Fund as the top two Mutual Funds with the largest holdings of the The Trade Desk Inc. (TTD) shares. Going by data provided on Sep 29, 2022, Vanguard Total Stock Market Index Fund holds roughly 13.24 million shares. This is just over 2.97% of the total shares, with a market valuation of $791.12 million. Data from the same date shows that the other fund manager holds a little less at 10.37 million, or 2.33% of the shares, all valued at about 540.47 million.

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