Hot Tech Stocks To Own Right Now

Criteo (NASDAQ:CRTO) is the French innovative advertising technology company or performance marketing company (as it prefers) we first introduced early January. The share price has performed pretty well since then, up by a good 20% since. This article tries to find out whether more gains are in store.

Criteo published Q1 figures that were quite well received. Some highlights (from the company PR and Q1CC):

Revenue excluding Traffic Acquisition Costs, or Revenue ex-TAC, grew 29% (or 30% at constant currency) to $210 million, or 41% of revenue. Adjusted EBITDA grew 16% (or 18% at constant currency) to $56 million, or 27% of Revenue ex-TAC. Cash flow from operating activities increased 134% to $44 million. Free Cash Flow increased 136% to $16 million. Net Income decreased 22% to $15 million, driven by the accounting impact of the HookLogic acquisition. Adjusted Net Income per diluted share increased 6% to $0.46. Same client revenue ex-TAC grew 15% at constant currency. Criteo added 950 net clients, a 25% increase from Q1 2016. The company now has over 15,000 e-commerce clients, retaining 90% of them. Average Revenue Per User (ARPU) was down 10%, but this is because of the strong growth (60%) of the mid-market segment (60%), which is somewhat less profitable.

Top line growth is still very good, but net income decreased considerably, although it still beat expectations by 3 cents. The reason for that is mostly the acquisition of HookLogic (a one-time equity grant, a $3.9 million intangible depreciation expense relating to the HookLogic acquisition).

Hot Tech Stocks To Own Right Now: Exa Corporation(EXA)

Advisors’ Opinion:

  • [By Monica Gerson]

    Exa Corp (NASDAQ: EXA) is projected to post a quarterly loss at $0.08 per share on revenue of $16.68 million.

    Thermon Group Holdings Inc (NYSE: THR) is estimated to report its quarterly earnings at $0.19 per share on revenue of $65.24 million.

  • [By Lisa Levin] Related CRMD Mid-Day Market Update: U.S. Stocks Turn Negative; AveXis Shares Spike Higher 12 Biggest Mid-Day Gainers For Tuesday CorMedix's (CRMD) CEO Khoso Baluch on Q4 2016 Results – Earnings Call Transcript (Seeking Alpha)
    Related BIOA Mid-Day Market Update: U.S. Stocks Turn Negative; AveXis Shares Spike Higher Mid-Morning Market Update: Markets Edge Higher; Tiffany Earnings Top Estimates BioAmber (BIOA) Q4 2016 Results – Earnings Call Transcript (Seeking Alpha)
    CorMedix Inc. (NYSE: CRMD) shares fell 27.5 percent to $1.50 after the company reported Q4 results and issued a business update.
    Bioamber Inc (NYSE: BIOA) shares tumbled 23.6 percent to $2.40. BioAmber reported FY16 adjusted loss of $1.07 per share on revenue of $8.3 million.
    The Medicines Company (NASDAQ: MDCO) shares dipped 20.9 percent to $41.62.
    Innocoll Holdings PLC (NASDAQ: INNL) shares fell 20.3 percent to $1.49. Innocoll posted a narrower-than-expected quarter loss, but revenue missed estimates. Stifel Nicolaus downgraded Innocoll from Buy to Hold.
    Rosetta Genomics Ltd. (USA) (NASDAQ: ROSG) shares declined 20.3 percent to $3.83. On Thursday, Rosetta Genomics disclosed a 1-for-12 reverse stock split.
    Esperion Therapeutics Inc (NASDAQ: ESPR) shares dropped 19.9 percent to $23.76. Esperion Therapeutics shares have jumped 106.19 percent over the past 52 weeks, while the S&P 500 index has gained 16.70 percent in the same period.
    AmTrust Financial Services Inc (NASDAQ: AFSI) tumbled 18.3 percent to $17.65. AmTrust Financial disclosed that it will delay its annual report filing for the fiscal year ended December 31, 2016.
    Qualstar Corporation (NASDAQ: QBAK) slipped 17.7 percent to $6.85. Qualstar reported a Q4 loss of $0.20 per share on revenue of $2.2 milli

Hot Tech Stocks To Own Right Now: Interpublic Group of Companies, Inc. (The)(IPG)

Advisors’ Opinion:

  • [By Laurie Kulikowski]

    Current return on equity exceeded its ROE from the same quarter one year prior. This is a clear sign of strength within the company. Compared to other companies in the Media industry and the overall market, INTERPUBLIC GROUP OF COS’s return on equity significantly exceeds that of both the industry average and the S&P 500.

     

  • [By Laurie Kulikowski]

    Net operating cash flow has significantly increased by 59.42% to $280.90 million when compared to the same quarter last year. In addition, INTERPUBLIC GROUP OF COS has also vastly surpassed the industry average cash flow growth rate of 8.14%.

     

  • [By Laurie Kulikowski]

    Despite its growing revenue, the company underperformed as compared with the industry average of 7.2%. Since the same quarter one year prior, revenues slightly increased by 1.3%. This growth in revenue does not appear to have trickled down to the company’s bottom line, displayed by a decline in earnings per share.

     

  • [By Laurie Kulikowski]

    Interpublic is our income play in our media universe. While other stocks we cover offer a higher yield than IPG’s 2.1%, the company’s double digit EPS growth projections for 2016 (following an estimated 18% in 2015) will also likely be a driver of outperformance for the year. While results can be somewhat volatile for IPG, we would point to record new business win backlog this year, which improves our conviction that the better than average recent organic revenue growth trends will continue next year. At 18x our 2016 EPS estimate, we find IPG shares attractive at current levels for another projected year of healthy double digit total returns. 

  • [By Paul Ausick]

    The Interpublic Group of Companies Inc. (NYSE: IPG) dropped about 4% Wednesday to post a new 52-week low of $21.28 after closing Tuesday at $22.16. The 52-week high is $25.71. Volume reached nearly 10 million shares traded, more than double the daily average of around 3.8 million. Tuesday’s weak earnings report continued to weigh on the share price.

Hot Tech Stocks To Own Right Now: P.T. Telekomunikasi Indonesia Tbk.(TLK)

Advisors’ Opinion:

  • [By Lisa Levin]

    In trading on Wednesday, telecommunications services shares fell 0.45 percent. Meanwhile, top losers in the sector included Telekomunikasi Indones (Prsr)Tbk PT-ADR (NYSE: TLK), down 4 percent, and China Telecom Corporation Limited (ADR) (NYSE: CHA) down 2 percent.

Hot Tech Stocks To Own Right Now: The Middleby Corporation(MIDD)

Advisors’ Opinion:

  • [By Monica Gerson]

    Middleby Corp (NASDAQ: MIDD) is expected to post its quarterly earnings at $0.84 per share on revenue of $515.56 million.

    Jack in the Box Inc. (NASDAQ: JACK) is estimated to post its quarterly earnings at $0.70 per share on revenue of $360.22 million.

Leave a Reply

Your email address will not be published. Required fields are marked *