Is TechTarget Stock a Good Investment?
TechTarget Investment Advice | TTGT |
- Examine TechTarget's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research TechTarget's leadership team and their track record. Good management can help TechTarget navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Advertising space and any emerging trends that could impact TechTarget's business and its evolving consumer preferences.
- Compare TechTarget's performance and market position to its competitors. Analyze how TechTarget is positioned in terms of product offerings, innovation, and market share.
- Check if TechTarget pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about TechTarget's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in TechTarget stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if TechTarget is a good investment.
Sell | Buy |
Cautious Hold
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine TechTarget Stock
Researching TechTarget's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 91.0% of the company shares are owned by institutional investors. The book value of TechTarget was at this time reported as 8.53. The company has Price/Earnings To Growth (PEG) ratio of 1.59. TechTarget recorded a loss per share of 0.42. The entity had not issued any dividends in recent years.
To determine if TechTarget is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding TechTarget's research are outlined below:
| TechTarget has a poor financial position based on the latest SEC disclosures | |
| Over 91.0% of the company shares are owned by institutional investors | |
| Latest headline from businesswire.com: TechTarget Editor-in-Chief Bryan Glick Awarded Editor of the Year by The British Society of Magazine Editors |
TechTarget Quarterly Cost Of Revenue |
|
TechTarget uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in TechTarget. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to TechTarget's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 7th of February 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 7th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact TechTarget's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises TechTarget's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2017-11-08 | 2017-09-30 | 0.1 | 0.11 | 0.01 | 10 | ||
2016-11-09 | 2016-09-30 | 0.05 | 0.06 | 0.01 | 20 | ||
2015-11-09 | 2015-09-30 | 0.1 | 0.11 | 0.01 | 10 | ||
2015-05-05 | 2015-03-31 | 0.04 | 0.03 | -0.01 | 25 | ||
2015-02-11 | 2014-12-31 | 0.09 | 0.1 | 0.01 | 11 | ||
2014-11-04 | 2014-09-30 | 0.06 | 0.07 | 0.01 | 16 | ||
2014-08-05 | 2014-06-30 | 0.08 | 0.07 | -0.01 | 12 | ||
2014-02-12 | 2013-12-31 | 0.05 | 0.04 | -0.01 | 20 |
Know TechTarget's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as TechTarget is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading TechTarget backward and forwards among themselves. TechTarget's institutional investor refers to the entity that pools money to purchase TechTarget's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Geode Capital Management, Llc | 2024-09-30 | 611.5 K | Renaissance Technologies Corp | 2024-09-30 | 539.2 K | Earnest Partners Llc | 2024-06-30 | 495.7 K | Eagle Asset Management, Inc. | 2024-06-30 | 471.7 K | Rockefeller Capital Management L.p. | 2024-06-30 | 430.4 K | Punch & Associates Inv Mgmt Inc | 2024-09-30 | 382.5 K | Envestnet Asset Management Inc | 2024-09-30 | 297 K | Impax Asset Management Group Plc | 2024-06-30 | 281.4 K | Arrowmark Colorado Holdings, Llc (arrowmark Partners) | 2024-09-30 | 277.3 K | Blackrock Inc | 2024-06-30 | 3.9 M | Trigran Investments Inc | 2024-09-30 | 3.8 M |
TechTarget's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 938.74 M.Market Cap |
|
TechTarget's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.01 | 0.01 | |
| Return On Assets | 0.01 | 0.01 | |
| Return On Equity | 0.02 | 0.02 |
Determining TechTarget's profitability involves analyzing its financial statements and using various financial metrics to determine if TechTarget is a good buy. For example, gross profit margin measures TechTarget's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of TechTarget's profitability and make more informed investment decisions.
TechTarget's Earnings Breakdown by Geography
Please note, the imprecision that can be found in TechTarget's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of TechTarget. Check TechTarget's Beneish M Score to see the likelihood of TechTarget's management manipulating its earnings.
Evaluate TechTarget's management efficiency
Return On Tangible Assets is likely to drop to 0.01 in 2024. Return On Capital Employed is likely to gain to -0.0033 in 2024. At this time, TechTarget's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Non Current Liabilities Total is likely to gain to about 462 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 25.9 M in 2024. TechTarget's management efficiency ratios could be used to measure how well TechTarget manages its routine affairs as well as how well it operates its assets and liabilities.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 7.87 | 8.26 | |
| Tangible Book Value Per Share | (2.13) | (2.24) | |
| Enterprise Value Over EBITDA | 63.19 | 66.35 | |
| Price Book Value Ratio | 4.43 | 4.65 | |
| Enterprise Value Multiple | 63.19 | 66.35 | |
| Price Fair Value | 4.43 | 4.65 | |
| Enterprise Value | 1.1 B | 1.1 B |
At TechTarget, effective management practices are pivotal to sustaining long-term profitability. We delve into financial metrics and market conditions to provide a comprehensive analysis of the stock's prospects.
Beta 1.035 |
Basic technical analysis of TechTarget Stock
As of the 30th of November, TechTarget has the Semi Deviation of 2.4, coefficient of variation of 950.21, and Risk Adjusted Performance of 0.0879. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of TechTarget, as well as the relationship between them.TechTarget's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific TechTarget insiders, such as employees or executives, is commonly permitted as long as it does not rely on TechTarget's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases TechTarget insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
TechTarget's Outstanding Corporate Bonds
TechTarget issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. TechTarget uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most TechTarget bonds can be classified according to their maturity, which is the date when TechTarget has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| TCKBCN 39 15 JUL 30 Corp BondUS878742BG94 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| Teck Resources 6125 Corp BondUS878742AE55 | View | |
| Teck Resources 6 Corp BondUS878742AS42 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View |
Understand TechTarget's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing TechTarget's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0879 | |||
| Market Risk Adjusted Performance | 0.2576 | |||
| Mean Deviation | 2.19 | |||
| Semi Deviation | 2.4 | |||
| Downside Deviation | 2.53 | |||
| Coefficient Of Variation | 950.21 | |||
| Standard Deviation | 2.94 | |||
| Variance | 8.67 | |||
| Information Ratio | 0.0585 | |||
| Jensen Alpha | 0.1453 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | 0.068 | |||
| Treynor Ratio | 0.2476 | |||
| Maximum Drawdown | 19.93 | |||
| Value At Risk | (2.86) | |||
| Potential Upside | 4.81 | |||
| Downside Variance | 6.42 | |||
| Semi Variance | 5.74 | |||
| Expected Short fall | (2.64) | |||
| Skewness | 0.3104 | |||
| Kurtosis | 2.59 |
| Risk Adjusted Performance | 0.0879 | |||
| Market Risk Adjusted Performance | 0.2576 | |||
| Mean Deviation | 2.19 | |||
| Semi Deviation | 2.4 | |||
| Downside Deviation | 2.53 | |||
| Coefficient Of Variation | 950.21 | |||
| Standard Deviation | 2.94 | |||
| Variance | 8.67 | |||
| Information Ratio | 0.0585 | |||
| Jensen Alpha | 0.1453 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | 0.068 | |||
| Treynor Ratio | 0.2476 | |||
| Maximum Drawdown | 19.93 | |||
| Value At Risk | (2.86) | |||
| Potential Upside | 4.81 | |||
| Downside Variance | 6.42 | |||
| Semi Variance | 5.74 | |||
| Expected Short fall | (2.64) | |||
| Skewness | 0.3104 | |||
| Kurtosis | 2.59 |
Consider TechTarget's intraday indicators
TechTarget intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of TechTarget stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
TechTarget Corporate Filings
8K | 26th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 20th of November 2024 Other Reports | ViewVerify | |
| 28th of October 2024 Other Reports | ViewVerify | |
13A | 23rd of October 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
TechTarget Stock media impact
Far too much social signal, news, headlines, and media speculation about TechTarget that are available to investors today. That information is available publicly through TechTarget media outlets and privately through word of mouth or via TechTarget internal channels. However, regardless of the origin, that massive amount of TechTarget data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of TechTarget news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of TechTarget relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to TechTarget's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive TechTarget alpha.
TechTarget Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards TechTarget can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
TechTarget Historical Investor Sentiment
Investor biases related to TechTarget's public news can be used to forecast risks associated with an investment in TechTarget. The trend in average sentiment can be used to explain how an investor holding TechTarget can time the market purely based on public headlines and social activities around TechTarget. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
TechTarget's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for TechTarget and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average TechTarget news discussions. The higher the estimate score, the more favorable the investor's outlook on TechTarget.
TechTarget Corporate Management
| Gabrielle DeRussy | Senior Operations | Profile | |
| John Steinert | Chief Officer | Profile | |
| Daniel CPA | CFO Treasurer | Profile | |
| Mark Schlack | VP Editorial | Profile |
Additional Tools for TechTarget Stock Analysis
When running TechTarget's price analysis, check to measure TechTarget's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TechTarget is operating at the current time. Most of TechTarget's value examination focuses on studying past and present price action to predict the probability of TechTarget's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TechTarget's price. Additionally, you may evaluate how the addition of TechTarget to your portfolios can decrease your overall portfolio volatility.