TTGT Stock Overview
TechTarget, Inc., together with its subsidiaries, provides marketing and sales services that deliver business impact for enterprise technology companies in North America and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$96.72|
|52 Week High||US$111.44|
|52 Week Low||US$49.58|
|1 Month Change||5.38%|
|3 Month Change||18.10%|
|1 Year Change||84.02%|
|3 Year Change||572.13%|
|5 Year Change||1,085.29%|
|Change since IPO||553.96%|
Recent News & Updates
Calculating The Intrinsic Value Of TechTarget, Inc. (NASDAQ:TTGT)
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At US$88.41, Is TechTarget, Inc. (NASDAQ:TTGT) Worth Looking At Closely?
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|TTGT||US Media||US Market|
Return vs Industry: TTGT exceeded the US Media industry which returned 4.7% over the past year.
Return vs Market: TTGT exceeded the US Market which returned 21.3% over the past year.
|TTGT Average Weekly Movement||6.6%|
|Media Industry Average Movement||6.9%|
|Market Average Movement||6.0%|
|10% most volatile stocks in US Market||15.0%|
|10% least volatile stocks in US Market||2.3%|
Stable Share Price: TTGT is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: TTGT's weekly volatility (7%) has been stable over the past year.
About the Company
TechTarget, Inc., together with its subsidiaries, provides marketing and sales services that deliver business impact for enterprise technology companies in North America and internationally. It also provides purchase-intent marketing and sales services for enterprise technology vendors; and customized marketing programs that integrate demand generation and brand advertising techniques. The company offers online services, including IT Deal Alert, including priority engine, qualified sales opportunities, deal data services; demand solutions, such as white papers, webcasts, podcasts, videocasts, virtual trade shows, and content sponsorships; brand solutions comprise on-network, off-network, and microsites and related formats branding; and custom content creation.
TechTarget Fundamentals Summary
|TTGT fundamental statistics|
Is TTGT overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|TTGT income statement (TTM)|
|Cost of Revenue||US$60.28m|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.70|
|Net Profit Margin||8.70%|
How did TTGT perform over the long term?See historical performance and comparison
Is TechTarget undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TTGT ($96.72) is trading below our estimate of fair value ($122.37)
Significantly Below Fair Value: TTGT is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TTGT is poor value based on its PE Ratio (137.9x) compared to the US Media industry average (14.7x).
PE vs Market: TTGT is poor value based on its PE Ratio (137.9x) compared to the US market (17.2x).
Price to Earnings Growth Ratio
PEG Ratio: TTGT is poor value based on its PEG Ratio (2.8x)
Price to Book Ratio
PB vs Industry: TTGT is overvalued based on its PB Ratio (13.4x) compared to the US Media industry average (2.2x).
How is TechTarget forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TTGT's forecast earnings growth (49.2% per year) is above the savings rate (2%).
Earnings vs Market: TTGT's earnings (49.2% per year) are forecast to grow faster than the US market (14.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: TTGT's revenue (15.5% per year) is forecast to grow faster than the US market (10.1% per year).
High Growth Revenue: TTGT's revenue (15.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TTGT's Return on Equity is forecast to be high in 3 years time (20.5%)
How has TechTarget performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TTGT has high quality earnings.
Growing Profit Margin: TTGT's current net profit margins (8.7%) are lower than last year (12.9%).
Past Earnings Growth Analysis
Earnings Trend: TTGT's earnings have grown significantly by 30.3% per year over the past 5 years.
Accelerating Growth: TTGT's earnings growth over the past year (13.3%) is below its 5-year average (30.3% per year).
Earnings vs Industry: TTGT earnings growth over the past year (13.3%) underperformed the Media industry 63.1%.
Return on Equity
High ROE: TTGT's Return on Equity (9.7%) is considered low.
How is TechTarget's financial position?
Financial Position Analysis
Short Term Liabilities: TTGT's short term assets ($159.3M) exceed its short term liabilities ($63.3M).
Long Term Liabilities: TTGT's short term assets ($159.3M) do not cover its long term liabilities ($237.6M).
Debt to Equity History and Analysis
Debt Level: TTGT's net debt to equity ratio (43.7%) is considered high.
Reducing Debt: TTGT's debt to equity ratio has increased from 41.4% to 93.8% over the past 5 years.
Debt Coverage: TTGT's debt is well covered by operating cash flow (38.9%).
Interest Coverage: TTGT's interest payments on its debt are well covered by EBIT (18.5x coverage).
What is TechTarget current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TTGT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TTGT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TTGT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TTGT's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TTGT's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mike Cotoia (49 yo)
Mr. Michael Cotoia, also known as Mike, has been the Chief Executive Officer of TechTarget, Inc. since May 2016 and served as its Chief Operating Officer since January 10, 2012 until May 2016. Mr. Cotoia s...
CEO Compensation Analysis
Compensation vs Market: Mike's total compensation ($USD6.49M) is about average for companies of similar size in the US market ($USD5.20M).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
Experienced Management: TTGT's management team is seasoned and experienced (5.8 years average tenure).
Experienced Board: TTGT's board of directors are considered experienced (7.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: TTGT insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.6%.
TechTarget, Inc.'s employee growth, exchange listings and data sources
- Name: TechTarget, Inc.
- Ticker: TTGT
- Exchange: NasdaqGM
- Founded: 1999
- Industry: Advertising
- Sector: Media
- Market Cap: US$2.787b
- Shares outstanding: 28.82m
- Website: https://www.techtarget.com
Number of Employees
- TechTarget, Inc.
- 275 Grove Street
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/11/27 23:28|
|End of Day Share Price||2021/11/26 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.