Criteo SA (CRTO) Stock

Criteo S.A. offers a promising entry into digital advertising growth, despite challenges, with strategic partnerships and expanding retail media presence. The stock is undervalued with a forward P/E ratio of 28.34 and EV/EBITDA of 6.18, suggesting potential upside. I rate CRTO as a soft buy, recommending close monitoring of Q4 and FY24 reports for revenue growth and financial improvements.

This bull market has been running rampant for more than two years, but it's an unusual one. Most bull runs don't have to share time with inflation crises, and the monetary pressure that started to build in 2021 is finally easing.

Criteo S.A. (NASDAQ:CRTO ) Q3 2024 Earnings Conference Call October 30, 2024 8:00 AM ET Company Participants Melanie Dambre – Vice President-Investor Relations Megan Clarken – Chief Executive Officer Sarah Glickman – Chief Financial Officer Todd Parsons – Chief Product Officer Conference Call Participants Mark Zgutowicz – Benchmark Company Mark Kelley – Stifel Ygal Arounian – Citigroup Bryan Smilek – JPMorgan Alec Brondolo – Wells Fargo Brian Pitz – BMO Capital Markets Tim Nollen – Macquarie Tom White – D.A.

Although the revenue and EPS for Criteo (CRTO) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Expects to Return a Record $180 Million of Capital to Shareholders in 2024 Hosting Retail Media Investor Update on November 18, 2024 NEW YORK , Oct. 30, 2024 /PRNewswire/ -- Criteo S.A. (NASDAQ: CRTO) ("Criteo" or the "Company"), the commerce media company, today announced financial results for the third quarter ended September 30, 2024.

Integrations with Order Management System companies ADvendio, Boostr, Placements.io, and Vantage, as well as Salesforce Media Cloud, will help retailers scale their media businesses with simplicity and agility                           NEW YORK , Oct. 29, 2024 /PRNewswire/ -- Criteo (Nasdaq: CRTO), the commerce media company, today announced collaborations with leading Order Management System (OMS) companies, ADvendio, Boostr, Placements.io, and Vantage, as well as Salesforce Media Cloud, on new integrations that aim to provide Criteo retailer clients with increased flexibility when building, managing, and scaling their retail media networks. OMS platforms help retailers by simplifying and automating processes like customer management, sales, inventory, and invoicing.

CRTO's third-quarter 2024 performance is likely to have reflected benefits from expanding portfolio and clientele.

Recognition supports Criteo's work to simplify and accelerate the global retail media ecosystem NEW YORK , Oct. 23, 2024 /PRNewswire/ -- Criteo (Nasdaq: CRTO), the commerce media company, today announced that it has been named a Leader in the IDC MarketScape: Worldwide Retail Media Network Service Providers 2024 Vendor Assessment [doc # US52574122, September 2024]. Criteo was named a Leader among 13 service providers that enable the creation and management of retail media networks.

CRTO and Belk partner to launch Belk Media Network to enhance target marketing and drive sales.