Could Criteo SA (ADR) Rise Even More? The Stock Had Bullish Options Activity

 Could Criteo SA (ADR) Rise Even More? The Stock Had Bullish Options Activity

In today’s session Criteo SA (ADR) (CRTO) registered an unusually high (551) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the December, 2016 call, expecting serious CRTO increase. With 551 contracts traded and 3274 open interest for the Dec, 16 contract, it seems this is a quite bullish bet. The option with symbol: CRTO161216C00042500 closed last at: $1.5 or 23.1% down. About 105,811 shares traded hands. Criteo SA (ADR) (NASDAQ:CRTO) has risen 0.48% since April 27, 2016 and is uptrending. It has underperformed by 4.75% the S&P500.

Analysts await Criteo SA (ADR) (NASDAQ:CRTO) to report earnings on February, 8. They expect $0.57 earnings per share, down 3.39% or $0.02 from last year’s $0.59 per share. CRTO’s profit will be $36.34 million for 18.30 P/E if the $0.57 EPS becomes a reality. After $0.27 actual earnings per share reported by Criteo SA (ADR) for the previous quarter, Wall Street now forecasts 111.11% EPS growth.

Criteo SA (ADR) (NASDAQ:CRTO) Ratings Coverage

Out of 13 analysts covering Criteo SA (NASDAQ:CRTO), 10 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 77% are positive. $63 is the highest target while $10 is the lowest. The $50.25 average target is 20.45% above today’s ($41.72) stock price. Criteo SA has been the topic of 15 analyst reports since July 21, 2015 according to StockzIntelligence Inc. Citigroup maintained Criteo SA (ADR) (NASDAQ:CRTO) on Thursday, August 4 with “Buy” rating. The firm earned “Equal-Weight” rating on Tuesday, January 26 by Morgan Stanley. The firm has “Outperform” rating by RBC Capital Markets given on Thursday, November 5. The stock of Criteo SA (ADR) (NASDAQ:CRTO) earned “Neutral” rating by Susquehanna on Tuesday, September 6. The company was maintained on Thursday, September 3 by Evercore. The firm earned “Positive” rating on Monday, August 10 by Susquehanna. Jefferies maintained Criteo SA (ADR) (NASDAQ:CRTO) on Thursday, August 4 with “Buy” rating. On Friday, November 25 the stock rating was maintained by Berenberg with “Buy”. As per Monday, September 21, the company rating was maintained by Cowen & Co. On Tuesday, October 18 the stock rating was initiated by Berenberg with “Buy”.

According to Zacks Investment Research, “Criteo SA is a global technology company that specializes in performance display advertising. The Company offers clients a range of solutions such as click per cost, online banner displays, user optimization, data security, and search management tools to control campaign costs. It serves companies in the online retail, classifieds, and travel segments. Criteo SA is headquartered in Paris, France.”

Insitutional Activity: The institutional sentiment decreased to 0.99 in Q2 2016. Its down 0.27, from 1.26 in 2016Q1. The ratio dived, as 15 funds sold all Criteo SA (ADR) shares owned while 46 reduced positions. 34 funds bought stakes while 43 increased positions. They now own 39.87 million shares or 12.70% more from 35.38 million shares in 2016Q1.
Zurcher Kantonalbank (Zurich Cantonalbank) last reported 0% of its portfolio in the stock. Blackrock Inv last reported 0% of its portfolio in the stock. First Mercantile accumulated 10,400 shares or 0.06% of the stock. Cornerstone Mgmt Ltd Limited Liability Company last reported 513,442 shares in the company. Moreover, State Bank Of Montreal Can has 0.01% invested in Criteo SA (ADR) (NASDAQ:CRTO) for 253,117 shares. Fifth Third Bank & Trust has 0% invested in the company for 57 shares. Clearbridge accumulated 0.16% or 172,664 shares. Northern has invested 0% of its portfolio in Criteo SA (ADR) (NASDAQ:CRTO). 1832 Asset Mngmt L P holds 0.16% of its portfolio in Criteo SA (ADR) (NASDAQ:CRTO) for 870,100 shares. Ameriprise Fincl holds 0.02% of its portfolio in Criteo SA (ADR) (NASDAQ:CRTO) for 890,735 shares. National Bank & Trust Of America De holds 80,407 shares or 0% of its portfolio. Putnam Invs Lc holds 0.04% or 383,737 shares in its portfolio. Moreover, Axa has 0.03% invested in Criteo SA (ADR) (NASDAQ:CRTO) for 145,519 shares. Btc Capital Management Incorporated reported 6,617 shares or 0.07% of all its holdings. Pictet Asset Ltd reported 340,962 shares or 0.06% of all its holdings.

Criteo SA is a France-based company specializing in digital performance marketing. The company has a market cap of $2.66 billion. The Company’s solution consists of the Criteo Engine, the Company’s data assets, access to inventory, and its advertiser and publisher platforms. It has a 34.73 P/E ratio. The Criteo Engine consists of various machine learning algorithms, such as prediction, recommendation, bidding and creative algorithms and the global hardware and software infrastructure.

CRTO Company Profile

Criteo S.A., incorporated on October 19, 2005, is a global technology firm specializing in digital performance marketing. The Company’s solution consists of the Criteo Engine, the Company’s data assets, access to inventory, and its advertiser and publisher platforms. The Criteo Engine consists of various machine learning algorithms, such as prediction, recommendation, bidding and creative algorithms and the global hardware and software infrastructure. The Firm operates in approximately 90 countries through a network of over 30 international offices located in Europe, the Americas and the Asia-Pacific region. The Criteo Engine delivers advertisements through multiple marketing channels and formats, including display advertising banners, native advertising banners and marketing messages delivered to opt-in e-mail addresses. Advertisements are delivered on all devices and screens, including Web browsers on desktops and laptops, mobile Web browsers on smartphones and tablets, as well as mobile applications.

More notable recent Criteo SA (ADR) (NASDAQ:CRTO) news were published by: Fool.com which released: “Criteo SA (ADR) Serves Up Another Quarterly Beat” on May 05, 2016, also Fool.com with their article: “Why Shares of Criteo SA (ADR) Jumped Today” published on February 10, 2016, Fool.com published: “Criteo SA (ADR) Crumbles Despite Another Solid Quarter” on November 05, 2015. More interesting news about Criteo SA (ADR) (NASDAQ:CRTO) were released by: Quotes.Wsj.com and their article: “DOW JONES, A NEWS CORP COMPANY” published on September 21, 2011 as well as Fool.com‘s news article titled: “Why Criteo SA (ADR) Stock Soared” with publication date: August 29, 2014.

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