Weekly Investment Analysts’ Ratings Changes for TechTarget (TTGT)

Several analysts have recently updated their ratings and price targets for TechTarget (NASDAQ: TTGT):

• 1/9/2025 – TechTarget is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
• 1/1/2025 – TechTarget is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
• 12/30/2024 – TechTarget had its price target lowered by analysts at Lake Street Capital from $36.00 to $24.00. They now have a “buy” rating on the stock.
• 12/24/2024 – TechTarget is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
• 12/5/2024 – TechTarget is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
• 11/27/2024 – TechTarget is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
• 11/14/2024 – TechTarget had its price target lowered by analysts at KeyCorp from $38.00 to $37.00. They now have an “overweight” rating on the stock.
• 11/13/2024 – TechTarget had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $40.00 price target on the stock.
• 11/13/2024 – TechTarget had its price target raised by analysts at Craig Hallum from $36.00 to $40.00. They now have a “buy” rating on the stock.

TechTarget Stock Down 1.0 %

TTGT stock opened at $18.74 on Friday. The company has a debt-to-equity ratio of 1.65, a quick ratio of 10.49 and a current ratio of 10.49. TechTarget, Inc. has a fifty-two week low of $18.26 and a fifty-two week high of $33.08. The stock’s 50 day simple moving average is $25.16 and its 200 day simple moving average is $26.98. The company has a market cap of $547.86 million, a P/E ratio of -44.62, a price-to-earnings-growth ratio of 12.04 and a beta of 1.04.

TechTarget (NASDAQ:TTGT) last issued its earnings results on Tuesday, November 12th. The information services provider reported $0.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.37 by $0.05. TechTarget had a positive return on equity of 5.44% and a negative net margin of 5.34%. The company had revenue of $58.47 million for the quarter, compared to analysts’ expectations of $58.14 million. During the same period last year, the business earned $0.13 EPS. TechTarget’s quarterly revenue was up 2.4% compared to the same quarter last year. On average, research analysts expect that TechTarget, Inc. will post 0.55 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of TTGT. The Manufacturers Life Insurance Company increased its stake in TechTarget by 4.5% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 9,993 shares of the information services provider’s stock valued at $311,000 after buying an additional 430 shares during the last quarter. Inspire Investing LLC increased its position in shares of TechTarget by 4.3% during the second quarter. Inspire Investing LLC now owns 11,379 shares of the information services provider’s stock valued at $355,000 after acquiring an additional 469 shares during the last quarter. Geode Capital Management LLC lifted its holdings in TechTarget by 0.3% during the third quarter. Geode Capital Management LLC now owns 611,513 shares of the information services provider’s stock worth $14,955,000 after acquiring an additional 1,602 shares during the period. Sei Investments Co. boosted its position in TechTarget by 5.1% in the second quarter. Sei Investments Co. now owns 34,543 shares of the information services provider’s stock worth $1,077,000 after purchasing an additional 1,690 shares during the last quarter. Finally, Texas Permanent School Fund Corp grew its stake in TechTarget by 10.0% in the 2nd quarter. Texas Permanent School Fund Corp now owns 24,884 shares of the information services provider’s stock valued at $776,000 after purchasing an additional 2,254 shares during the period. Hedge funds and other institutional investors own 93.52% of the company’s stock.

TechTarget, Inc, together with its subsidiaries, provides marketing and sales services that deliver business impact for business-to-business technology companies in North America and internationally. The company's service enables technology vendors to identify, reach, and influence corporate information technology (IT) decision-makers actively researching specific IT purchases; and customized marketing programs that integrate demand generation, brand advertising techniques, and content curation and creation.