During the last session, Techtarget Inc (NASDAQ:TTGT)’s traded shares were 0.49 million. At the end of the trading day, the stock’s price was $6.80, reflecting an intraday gain of 1.95% or $0.13. The 52-week high for the TTGT share is $33.08, that puts it down -386.47 from that peak though still a striking 2.35% gain since the share price plummeted to a 52-week low of $6.64. The company’s market capitalization is $486.12M, and the average trade volume was 382.32K shares over the past three months.
Techtarget Inc (TTGT) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.00. TTGT has a Sell rating from 0 analyst(s) out of 6 analysts who have looked at this stock. 2 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 4 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.12.
Techtarget Inc (NASDAQ:TTGT) trade information
Techtarget Inc (TTGT) registered a 1.95% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 1.95% in intraday trading to $6.80, hitting a weekly high. The stock’s 5-day price performance is -7.36%, and it has moved by -16.87% in 30 days.
The consensus price target of analysts on Wall Street is $25, which implies an increase of 72.8% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $25 and $25 respectively. As a result, TTGT is trading at a discount of -267.65% off the target high and -267.65% off the low.
Techtarget Inc (TTGT) estimates and forecasts
In the rating firms’ projections, revenue will increase 70.54% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 106.19M as predicted by 4 analyst(s). Meanwhile, a consensus of 4 analyst(s) estimates revenue growth to 117M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 51.64M and 58.91M respectively. In this case, analysts expect current quarter sales to grow by 105.66% and then jump by 98.59% in the coming quarter.
While earnings are projected to return 103.15% in 2025.
TTGT Dividends
Techtarget Inc is due to release its next quarterly earnings on 2024-Nov-12. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
The next largest institutional holding, with 3.03 million shares, is of TRIGRAN INVESTMENTS, INC.’s that is approximately 10.6209% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $94.55 million.
