TechTarget (TTGT) Earns Coverage Optimism Rating of 0.19

News articles about TechTarget (NASDAQ:TTGT) have been trending somewhat positive on Saturday, Accern reports. Accern ranks the sentiment of press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. TechTarget earned a daily sentiment score of 0.19 on Accern’s scale. Accern also gave media stories about the information services provider an impact score of 44.6017195468852 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Here are some of the news articles that may have effected Accern Sentiment’s analysis:

How to Become a New Pot Stock Millionaire

Shares of TTGT stock opened at $19.17 on Friday. The company has a market capitalization of $534.83, a P/E ratio of 79.88, a P/E/G ratio of 2.29 and a beta of 1.44. TechTarget has a 12-month low of $8.75 and a 12-month high of $19.92. The company has a current ratio of 2.82, a quick ratio of 2.82 and a debt-to-equity ratio of 0.18.

TechTarget (NASDAQ:TTGT) last announced its quarterly earnings data on Wednesday, February 7th. The information services provider reported $0.20 EPS for the quarter, beating the Zacks’ consensus estimate of $0.15 by $0.05. The firm had revenue of $30.30 million for the quarter, compared to analyst estimates of $30.05 million. TechTarget had a return on equity of 5.77% and a net margin of 6.27%. The business’s quarterly revenue was up 13.6% compared to the same quarter last year. During the same period last year, the company earned $0.10 EPS. analysts anticipate that TechTarget will post 0.43 earnings per share for the current year.

A number of equities research analysts recently commented on TTGT shares. ValuEngine upgraded TechTarget from a “hold” rating to a “buy” rating in a research report on Thursday, March 1st. Zacks Investment Research upgraded TechTarget from a “hold” rating to a “buy” rating and set a $18.00 price target on the stock in a research report on Tuesday, February 13th. Lake Street Capital restated a “buy” rating and set a $18.00 price target (up from $14.00) on shares of TechTarget in a research report on Thursday, February 8th. BidaskClub upgraded TechTarget from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd. Finally, Needham & Company LLC restated a “buy” rating and set a $17.00 price target (up from $14.00) on shares of TechTarget in a research report on Friday, January 12th. One investment analyst has rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. TechTarget has an average rating of “Buy” and a consensus price target of $16.50.

In other TechTarget news, insider Greg Strakosch sold 50,000 shares of the stock in a transaction on Monday, March 19th. The stock was sold at an average price of $18.93, for a total value of $946,500.00. Following the transaction, the insider now directly owns 895,521 shares in the company, valued at approximately $16,952,212.53. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Michael Cotoia sold 25,000 shares of the stock in a transaction on Thursday, March 15th. The shares were sold at an average price of $18.76, for a total value of $469,000.00. The disclosure for this sale can be found here. Insiders sold a total of 312,340 shares of company stock worth $5,030,984 over the last quarter. Corporate insiders own 30.19% of the company’s stock.

WARNING: This piece was posted by Ticker Report and is the property of of Ticker Report. If you are reading this piece on another website, it was illegally copied and republished in violation of US & international copyright laws. The original version of this piece can be read at https://www.tickerreport.com/banking-finance/3294799/techtarget-ttgt-earns-coverage-optimism-rating-of-0-19.html.

TechTarget Company Profile

TechTarget, Inc provides online content that helps buyers and sellers of corporate information technology (IT) products and services. The Company’s offerings enable IT vendors to identify, reach and influence corporate IT decision makers researching specific IT purchases through customized marketing programs that include data analytics-driven intelligence solutions, demand generation and brand advertising.

Insider Buying and Selling by Quarter for TechTarget (NASDAQ:TTGT)

Receive News & Ratings for TechTarget Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TechTarget and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Installed Building Prods  Upgraded at Jefferies Group
Installed Building Prods Upgraded at Jefferies Group
GVC  Earns Buy Rating from Peel Hunt
GVC Earns Buy Rating from Peel Hunt
Houston Lighting & Power’s  “Hold” Rating Reiterated at SunTrust Banks
Houston Lighting & Power’s “Hold” Rating Reiterated at SunTrust Banks
Morgan Stanley Cuts Stanley Black & Decker  Price Target to $162.00
Morgan Stanley Cuts Stanley Black & Decker Price Target to $162.00
$6.16 Billion in Sales Expected for CNH Industrial  This Quarter
$6.16 Billion in Sales Expected for CNH Industrial This Quarter
Scorpio Tankers  Expected to Post Quarterly Sales of $156.94 Million
Scorpio Tankers Expected to Post Quarterly Sales of $156.94 Million


© 2006-2018 Ticker Report. Google+.