$Criteo (CRTO.US)$Support and Resistance Levels Support Level@$39.83, established through clear consolidation after the last breakout. Resistance Level@ 52-week High at $45, representing a significant psychological barrier for investors. These levels are instrumental in identifying potential entry and exit points for trades, highlighting areas of buyer and seller equilibrium.
Despite strong share performance, the market may not be judging the company on earnings growth due to decreased earnings per share. Revenue and earnings trends could have influenced share price. The gain surpassed the average annual return of 7% over five years, suggesting the company may be attracting new investors.
Petrus Advisers views Criteo as an 'attractive investment opportunity' that could be strengthened by requested actions. Ocular Therapeutix's leadership changes are seen as a positive step towards becoming a leader in retina care. Starboard previously labeled Fortrea shares as 'undervalued' and an 'attractive investment opportunity'.
The CEO & Director's recent share selling, even at below current price, may indicate insiders see the shares as fully valued. Despite significant insider ownership, the long-term outlook lacks positivity.
Petrus Advisers urges Criteo for a strategic review and an investor day to explain the Retail Media strategy and a new mid-term plan, believing the current stock fluctuation is not rewarding.
The weak ROE concerns as it could contribute to declining net income. Analysts anticipate improved earnings growth but the absence of dividends, despite high profit retention, casts doubt on the company's growth strategies.
Analysts from Citi and DA Davidson alike see potential value in Criteo, even considering its Retail Media growth headwinds. They perceive the company as a potential acquisition target and highlight its technology's value.
DA Davidson analyst sees Criteo as a promising acquisition target with up to 40% upside, given it's scale and influence in high-growth areas like digital advertising.
DA Davidson analysts believe Criteo's growth and strong free cash flow make it a potential acquisition target that may offer significant upside. They predict prices could reach $36-$46 per share in a potential takeout.
Criteo Stock Forum
Support Level@$39.83, established through clear consolidation after the last breakout.
Resistance Level@ 52-week High at $45, representing a significant psychological barrier for investors. These levels are instrumental in identifying potential entry and exit points for trades, highlighting areas of buyer and seller equilibrium.
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