Criteo S.A. (CRTO) Forms $25.65 Double Bottom; 0 Analysts Bullish Convergys (CVG)

April 4, 2018 - By Danny Collins

Convergys Corporation (NYSE:CVG) Logo

Among 8 analysts covering Convergys Corp (NYSE:CVG), 0 have Buy rating, 0 Sell and 8 Hold. Therefore 0 are positive. Convergys Corp had 17 analyst reports since August 14, 2015 according to SRatingsIntel. SunTrust maintained it with “Hold” rating and $26.0 target in Monday, October 9 report. The stock has “Neutral” rating by Sidoti on Wednesday, October 21. As per Friday, August 14, the company rating was upgraded by Zacks. On Wednesday, February 15 the stock rating was downgraded by SunTrust to “Hold”. The stock has “Neutral” rating by Citigroup on Friday, November 10. The firm has “Sell” rating by Zacks given on Wednesday, August 26. As per Thursday, January 25, the company rating was maintained by Robert W. Baird. Citigroup maintained the shares of CVG in report on Wednesday, August 10 with “Neutral” rating. The firm earned “Neutral” rating on Monday, April 4 by Sidoti. Zacks upgraded the shares of CVG in report on Friday, September 4 to “Hold” rating. See Convergys Corporation (NYSE:CVG) latest ratings:

23/02/2018 Broker: Barrington Rating: Hold
22/02/2018 Broker: Robert W. Baird Rating: Hold New Target: $22.0 Maintain
25/01/2018 Broker: Robert W. Baird Rating: Hold New Target: $23.0 Maintain
10/11/2017 Broker: Citigroup Rating: Neutral Old Target: $25 New Target: $24 Maintain
20/10/2017 Broker: Robert W. Baird Rating: Hold New Target: $24.0 Maintain
17/10/2017 Broker: Barrington Research Rating: Market Perform Initiates Coverage On
09/10/2017 Broker: SunTrust Rating: Hold New Target: $26.0 Maintain

Criteo S.A. (CRTO) formed double bottom with $23.85 target or 7.00% below today’s $25.65 share price. Criteo S.A. (CRTO) has $1.70B valuation. The stock increased 1.30% or $0.33 during the last trading session, reaching $25.65. About 952,264 shares traded or 8.43% up from the average. Criteo S.A. (NASDAQ:CRTO) has declined 47.34% since April 4, 2017 and is downtrending. It has underperformed by 58.89% the S&P500.

Among 23 analysts covering Criteo SA (NASDAQ:CRTO), 12 have Buy rating, 0 Sell and 11 Hold. Therefore 52% are positive. Criteo SA has $70 highest and $10 lowest target. $42.15’s average target is 64.33% above currents $25.65 stock price. Criteo SA had 62 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by JP Morgan on Thursday, February 15 with “Overweight”. Morgan Stanley maintained Criteo S.A. (NASDAQ:CRTO) on Wednesday, February 21 with “Equal-Weight” rating. On Tuesday, February 13 the stock rating was maintained by Susquehanna with “Hold”. The firm earned “Market Perform” rating on Tuesday, January 23 by BMO Capital Markets. The stock of Criteo S.A. (NASDAQ:CRTO) has “Sector Weight” rating given on Tuesday, October 24 by KeyBanc Capital Markets. The rating was initiated by Boenning & Scattergood with “Outperform” on Friday, February 5. The stock of Criteo S.A. (NASDAQ:CRTO) earned “Neutral” rating by Citigroup on Wednesday, February 21. The firm has “Buy” rating by Jefferies given on Wednesday, September 6. The rating was maintained by RBC Capital Markets with “Buy” on Wednesday, June 7. On Sunday, December 17 the stock rating was maintained by BMO Capital Markets with “Buy”.

Investors sentiment decreased to 0.76 in 2017 Q4. Its down 0.25, from 1.01 in 2017Q3. It worsened, as 53 investors sold Criteo S.A. shares while 35 reduced holdings. 25 funds opened positions while 42 raised stakes. 40.54 million shares or 18.35% less from 49.65 million shares in 2017Q3 were reported. 162,178 were accumulated by Kbc Group Nv. Bnp Paribas Arbitrage Sa holds 0.01% of its portfolio in Criteo S.A. (NASDAQ:CRTO) for 116,259 shares. Credit Suisse Ag holds 36,909 shares or 0% of its portfolio. Gam Ag reported 0.2% stake. Pictet Cie (Europe) Sa accumulated 0.04% or 11,310 shares. Citigroup holds 0% or 5,531 shares. Torray Lc has invested 0.04% of its portfolio in Criteo S.A. (NASDAQ:CRTO). Jpmorgan Chase And invested in 0% or 8 shares. Cubist Systematic Strategies Ltd Liability, Connecticut-based fund reported 103,500 shares. Barclays Public Limited has invested 0% in Criteo S.A. (NASDAQ:CRTO). 74,710 are held by California Public Employees Retirement System. Blair William Il invested 0.01% in Criteo S.A. (NASDAQ:CRTO). 4,625 are owned by Wells Fargo And Com Mn. Group One Trading L P holds 0% in Criteo S.A. (NASDAQ:CRTO) or 4,321 shares. First Republic Inv Mngmt has 11,646 shares.

Analysts await Criteo S.A. (NASDAQ:CRTO) to report earnings on May, 2. They expect $0.26 earnings per share, down 7.14% or $0.02 from last year’s $0.28 per share. CRTO’s profit will be $17.19 million for 24.66 P/E if the $0.26 EPS becomes a reality. After $0.91 actual earnings per share reported by Criteo S.A. for the previous quarter, Wall Street now forecasts -71.43% negative EPS growth.

Convergys Corporation provides customer management services to communications and media, technology, financial services, retail, and healthcare industries in North America and internationally. The company has market cap of $2.07 billion. The firm offers solutions across the customer lifecycle, including sales, customer service, technical support, customer retention, and collection services; and solutions in contact center technology comprising multichannel interaction, cross-channel integration framework, real-time decisioning engine, robotic process automation, intelligent notification, campaign management, personalized care, personalized selling, agent productivity, and retention solutions. It has a 18.52 P/E ratio. It also provides analytics and consulting, and software solutions, including integrated customer experience analytics, post-contact surveys, relational loyalty research, customer segmentation and profiling, call elimination analysis, analysis of customer effort, digital channel optimization, and integrated contact center analytics solutions, as well as voice of customer SaaS software for measuring customer satisfaction.

Investors sentiment decreased to 1 in 2017 Q4. Its down 0.09, from 1.09 in 2017Q3. It is negative, as 18 investors sold Convergys Corporation shares while 84 reduced holdings. 38 funds opened positions while 64 raised stakes. 88.84 million shares or 5.72% less from 94.23 million shares in 2017Q3 were reported. Gam Ag has 69,709 shares for 0.05% of their portfolio. Piedmont Advsrs Limited Liability Corporation owns 58,414 shares. California Pub Employees Retirement Sys stated it has 0.01% in Convergys Corporation (NYSE:CVG). Assetmark holds 0% in Convergys Corporation (NYSE:CVG) or 1,124 shares. Riverhead Management Limited Liability Corp holds 10,607 shares or 0.01% of its portfolio. Deutsche Bank & Trust Ag has invested 0.01% in Convergys Corporation (NYSE:CVG). Stoneridge Investment Ptnrs Limited Liability has invested 0.05% in Convergys Corporation (NYSE:CVG). Us Fincl Bank De reported 0.01% of its portfolio in Convergys Corporation (NYSE:CVG). Wright Invsts Serv, a Connecticut-based fund reported 9,946 shares. Citadel Ltd Liability owns 32,528 shares. Gargoyle Advisor Ltd Co reported 0.43% in Convergys Corporation (NYSE:CVG). Metropolitan Life Ins Ny invested in 0.02% or 54,123 shares. 23,841 are held by Pnc Financial Service Grp. Victory Capital Mngmt owns 10,432 shares. Quantbot Technologies Lp reported 26,247 shares stake.

The stock increased 2.36% or $0.52 during the last trading session, reaching $22.59. About 1.53 million shares traded or 42.89% up from the average. Convergys Corporation (NYSE:CVG) has risen 7.77% since April 4, 2017 and is uptrending. It has underperformed by 3.78% the S&P500.

Convergys Corporation (NYSE:CVG) Institutional Positions Chart