Shares of Telaria Inc (NYSE:TLRA) have been assigned a consensus rating of “Buy” from the seven ratings firms that are covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and four have given a buy recommendation to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $7.81.
TLRA has been the topic of several research analyst reports. Zacks Investment Research lowered shares of Telaria from a “hold” rating to a “sell” rating in a research report on Friday, October 4th. ValuEngine lowered shares of Telaria from a “buy” rating to a “hold” rating in a research report on Wednesday, October 2nd.
Shares of NYSE TLRA traded up $0.12 during trading on Wednesday, hitting $7.39. The company had a trading volume of 520,371 shares, compared to its average volume of 834,395. The stock has a fifty day simple moving average of $8.57 and a two-hundred day simple moving average of $7.77. Telaria has a fifty-two week low of $2.19 and a fifty-two week high of $10.66. The firm has a market capitalization of $335.25 million, a price-to-earnings ratio of -41.06 and a beta of 1.61. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.48.
Telaria (NYSE:TLRA) last announced its earnings results on Tuesday, August 6th. The software maker reported ($0.03) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.02) by ($0.01). Telaria had a negative net margin of 9.18% and a negative return on equity of 9.98%. The company had revenue of $18.20 million during the quarter, compared to analyst estimates of $15.98 million. During the same quarter last year, the business earned ($0.06) EPS. The firm’s revenue for the quarter was up 46.8% compared to the same quarter last year. On average, analysts anticipate that Telaria will post -0.11 earnings per share for the current year.
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. BlackRock Inc. boosted its position in Telaria by 5.1% during the second quarter. BlackRock Inc. now owns 2,702,498 shares of the software maker’s stock worth $20,322,000 after acquiring an additional 129,997 shares during the last quarter. Vanguard Group Inc. boosted its position in Telaria by 4.4% during the second quarter. Vanguard Group Inc. now owns 1,788,856 shares of the software maker’s stock worth $13,452,000 after acquiring an additional 75,950 shares during the last quarter. Acadian Asset Management LLC boosted its position in Telaria by 45.7% during the second quarter. Acadian Asset Management LLC now owns 534,667 shares of the software maker’s stock worth $4,021,000 after acquiring an additional 167,645 shares during the last quarter. Invesco Ltd. boosted its position in Telaria by 147.3% during the second quarter. Invesco Ltd. now owns 492,953 shares of the software maker’s stock worth $3,707,000 after acquiring an additional 293,627 shares during the last quarter. Finally, Northern Trust Corp boosted its position in Telaria by 0.3% during the second quarter. Northern Trust Corp now owns 466,900 shares of the software maker’s stock worth $3,512,000 after acquiring an additional 1,534 shares during the last quarter. Hedge funds and other institutional investors own 59.48% of the company’s stock.
Telaria, Inc provides a software platform for publishers to manage and monetize video advertising in the United States. The company offers publishers with real-time analytics, data, and decisioning tools to control their video advertising business, as well as a monetization solution to optimize yield across a publisher's supply of digital video inventory.
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