Teads (NASDAQ:TEAD) Earns Market Perform Rating from Citizens Jmp

Teads (NASDAQ:TEAD)‘s stock had its “market perform” rating reaffirmed by investment analysts at Citizens Jmp in a research report issued to clients and investors on Friday, Marketbeat Ratings reports.

Other equities research analysts also recently issued reports about the stock. Wall Street Zen upgraded shares of Teads from a “sell” rating to a “hold” rating in a research note on Saturday, August 2nd. Citigroup reduced their target price on Teads from $3.90 to $3.40 and set a “neutral” rating for the company in a research note on Tuesday, July 29th. Weiss Ratings restated a “sell (d-)” rating on shares of Teads in a research note on Wednesday, October 8th. Needham & Company LLC reduced their price objective on shares of Teads from $3.50 to $1.00 and set a “buy” rating for the company in a research report on Friday. Finally, JMP Securities cut their target price on shares of Teads from $10.00 to $5.00 and set a “market outperform” rating for the company in a research note on Friday, August 8th. Two investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Teads presently has an average rating of “Hold” and a consensus target price of $3.13.

Teads Stock Performance

TEAD traded down $0.02 on Friday, hitting $0.77. 346,504 shares of the company were exchanged, compared to its average volume of 442,239. The company has a fifty day moving average price of $1.59. Teads has a 12 month low of $0.72 and a 12 month high of $7.87. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 1.13. The company has a market cap of $73.41 million, a P/E ratio of -0.92 and a beta of 1.28.

Teads (NASDAQ:TEAD) last announced its quarterly earnings data on Thursday, November 6th. The company reported ($0.17) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.15) by ($0.02). Teads had a negative return on equity of 4.37% and a negative net margin of 5.76%.The company had revenue of $318.77 million for the quarter.

Teads Company Profile

Outbrain Inc, together with its subsidiaries, operates an online content recommendation platform worldwide. It offers Outbrain Engage, a product suite for media partners that provides personalized feeds and data-driven recommendations, as well as a solution to maximize user engagement. The company’s Outbrain Engage solution also includes a web-based dashboard to manage and control various aspects of the platform, including content, formats, sources, frequency, and categories of ads delivered on their properties, as well as monetizes the content through customized data-driven advertising.