Criteo Marktführer für PerformanceDisplay-Lösungen
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Criteo's 25-day quiet period for underwriter research reports was completed last month and the company's underwriters, including J.P. Morgan, Deutsche Bank and Jefferies & Co. are expected to release positive research reports that could, along with solid year end results, boost CRTO share price past the mid $30 range we've seen for the past month. In a recent interview with the Street.com, Jean-Baptiste Rudelle, CEO of Criteo, talked about the holiday season having a substantial impact on the company's upcoming numbers, stating, "During Cyber Monday, you know, we can grow by a factor of two or three for the amount of volume for a given client". Given Criteo's expanding client base, this is certainly a factor for investors to consider.....
http://seekingalpha.com/article/...y-stage-of-excitement?source=yahoo
We have increased our near-term opex assumptions for 2014 due to increased investments in new geographies, including Russia and China.
The broker has a $45 price target. Shares in Criteo last traded at $33.6.
http://blogs.barrons.com/emergingmarketsdaily/...ina-stifel-says-buy/
Read more: http://www.benzinga.com/analyst-ratings/...amp;Fid=CRTO#ixzz2orXEW3hW
In the report, J.P. Morgan noted, “We are initiating coverage of Criteo with an Overweight rating and $42 YE'14 price target. We believe Criteo is well positioned to benefit from the shift in display ads toward real-time bidding and programmatic buying as we believe the company has strong technology and scale advantages. Criteo solves a fundamental challenge for eCommerce, travel, and other transactional companies by finding, engaging, and converting customers cost-effectively, and making display perform like search.”
Criteo SA closed on Friday at $34.06.
Read more: http://www.benzinga.com/analyst-ratings/...amp;Fid=CRTO#ixzz2orXYq7Ws
die 7. Kaufempfehlung
http://seekingalpha.com/currents/post/1477131
Criteo moves up after Societe Generale initiates at Buy
Dec 20 2013, 10:34
Criteo (CRTO +3%) shares trade higher after Societe Generale initiates shares at Buy with a PT of $44. The rating is the 7th Buy out of 7 ratings.
The compatriot firm notes that Criteo is the market leader in the retargeting market (with FY2013 revenue seen at 2x peer Rocket Fuel's (FUEL +3.5%)) and possesses a strong management team.
Societe also observes that Criteo will expand its global penetration from the 42 countries covered at the end of Sept., with sales growth in 2014 impacting cash flow and the bottom line with leverage.
Revenue in the fourth quarter 2013 increased 57.0% (or 68.5% at constant currencies1) to €135.9 million, compared with €86.6 million in the fourth quarter 2012.
Revenue for fiscal year 2013 increased 63.3% (or 73.6% at constant currencies) to €444.0 million, compared with €271.9 million in fiscal year 2012.
Revenue excluding Traffic Acquisition Costs, or Revenue ex-TAC, in the fourth quarter 2013 grew 55.3% (or 66.2% at constant currencies) to €54.9million, or 40.4% of revenue, compared with €35.3 million, or 40.8% of revenue, in the fourth quarter 2012.
Revenue ex-TAC for fiscal year 2013 increased 56.8% (or 66.4% at constant currencies) to €179.0 million, or 40.3% of revenue, compared with €114.1 million, or 42.0% of revenue, in fiscal year 2012.
Net income in the fourth quarter 2013 increased by €8.0 million to €3.3 million compared with a €4.7 million net loss in the fourth quarter 2012.
Net income for fiscal year 2013 grew by 67.6% to €1.4 million, compared with €0.8 million in fiscal year 2012.
Adjusted EBITDA for the fourth quarter 2013 was €14.5 million, an increase of 227.3% (or 239.9% at constant currencies) compared with €4.4 million in the fourth quarter 2012.
Adjusted EBITDA for fiscal year 2013 was €31.3 million, an increase of 80.2% (or 84.4% at constant currencies), compared with €17.4 million in fiscal year 2012.
Cash flow from operating activities in the fourth quarter 2013 increased 62.1% to €12.3 million, compared with €7.6 million in the fourth quarter 2012.
Cash flow from operating activities for fiscal year 2013 increased 109.2% to €24.7 million, compared with €11.8 million in fiscal year 2012.
Free Cash Flow for the year 2013, defined as cash flow from operating activities less acquisition of intangibles assets, property, plant and equipment, net of proceeds from disposal, was €2.8 million. This marks a key milestone for the company as it was the first time in Criteo's history that free cash flow was positive on a full year basis.
http://ir.criteo.com/releasedetail.cfm?ReleaseID=824901
....not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.
These positive earnings estimate revisions suggest that analysts are becoming more optimistic on CRTO’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames, suggesting that Criteo could be a solid choice for investors.
In the past 30 days, 2 estimates have gone higher for Criteo. The trend has been pretty favorable too, with estimates increasing from 4 cents a share 30 days ago, to 7 cents per share today, a move of 75%.....
Marketers are increasingly looking for holistic performance marketing solutions that can target and deliver relevant ads to customers and generate measurable ROI across all devices and channels. With the addition of Tedemis, Criteo will offer advertisers a comprehensive multi-channel performance marketing solution that is customer centric and provides significant, measurable return on investment based on a cost per click (CPC) model....Tedemis, which launched in 2006, is headquartered in Paris, France. The total consideration for Tedemis is 17 million euro in cash .....
http://ir.criteo.com/releasedetail.cfm?ReleaseID=827019
This internet software services company has seen three positive estimate revisions over the last 30 days and its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for Criteo SA So make sure to keep an eye on this stock going forward to see if this recent move higher can turn into more strength down the road.
http://www.zacks.com/stock/news/123810/...ay?Fid=QIHU&Filter=QIHU
This internet software services company has seen three positive estimate revisions over the last 30 days and its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for Criteo SA So make sure to keep an eye on this stock going forward to see if this recent move higher can turn into more strength down the road.
http://www.nasdaq.com/article/...rge-higher-tale-of-the-tape-cm328589
As of late, it has definitely been a great time to be an investor in Criteo SA ( CRTO ) . The stock has moved higher by 8.5% in the past month, while it is also above its 20 Day SMA too. This combination of strong price performance and favorable technical, could suggest that the stock may be on the right path.
We certainly think that this might be the case, particularly if you consider CRTO's recent earnings estimate revision activity. From this look, the company's future is quite favorable; as CRTO has earned itself a Zacks Rank #2 (Buy), meaning that its recent run may continue for a bit longer, and that this isn't the top for the in-focus company.
Read more: http://www.nasdaq.com/article/...e-of-the-tape-cm328589#ixzz2tyoDX0xW
However, it is worth noting that earnings estimates have actually been moving higher for the company, despite the pessimism. Thanks to these rising estimates, we have a Zacks Rank #2 (Buy) on CRTO, so we clearly don’t believe in the negativity surrounding this firm, and are instead looking for shares of CRTO to move higher in the weeks ahead.
http://finance.yahoo.com/news/...eze-ahead-criteo-crto-141114977.html
http://translate.google.de/
...Huge market opportunity
Even with the stellar growth, Rocket Fuel is only a tiny fish in the massive ocean of advertising. According to the slide below from the recent Rocket Fuel presentation, the advertising market now reaches $490 billion in annual spending, with digital advertising still less than 10% of the total ad market. Even more important, Rocket Fuel is only a tiny fraction of the digital ad market, leaving tons of room for growth...
Fellow global leader Criteo S.A. (NASDAQ: CRTO ) is using machine-learning algorithms to improve digital display advertisements. The France-based ad tech firm saw revenue surge 63% during 2013 to reach more than $600 million for the year. Unlike the other firms in the sector, Criteo is actually profitable and generated free cash flow last year....
Criteo surged to new highs recently, leaving hope that investors are becoming more comfortable with the stocks in the sector after some initial failures. Rocket Fuel could be the next to move higher......