The Trade Desk (TTD) Declines More Than Market: Some Information for Investors

Core Viewpoint - The Trade Desk is set to report earnings, with expectations of significant growth in both EPS and revenue compared to the previous year [2][8]. Company Performance - The Trade Desk's stock closed at $121.39, down 1.68% from the previous session, underperforming the S&P 500's loss of 1.11% [1]. - Over the past month, shares have decreased by 3.66%, while the Computer and Technology sector gained 5.27% and the S&P 500 gained 0.4% [7]. Earnings Estimates - The expected EPS for the upcoming earnings report is$ 0.58, reflecting a growth of 41.46% year-over-year [2]. - The Zacks Consensus Estimate for revenue is projected at $758.05 million, which is a 25.13% increase from the same quarter last year [2]. - Full-year estimates predict earnings of$ 1.65 per share and revenue of $2.46 billion, indicating year-over-year changes of +30.95% and +26.51%, respectively [8]. Analyst Sentiment - Recent modifications to analyst estimates are crucial, as upward revisions indicate positive sentiment regarding the company's business operations [3]. - The Zacks Rank for The Trade Desk is currently 3 (Hold), with the EPS estimate remaining unchanged over the last 30 days [4]. Valuation Metrics - The Trade Desk has a PEG ratio of 2.96, compared to the industry average of 2.06 [5]. - The Forward P/E ratio stands at 74.96, significantly higher than the industry's Forward P/E of 24.48 [10]. Industry Context - The Internet - Services industry, which includes The Trade Desk, has a Zacks Industry Rank of 40, placing it in the top 16% of over 250 industries [11].