Market Summary
USD35.75+1.35
Market Closed3.92%
TTGT Stock Price
TTGT RSI Chart
TTGT Valuation
TTGT Price/Sales (Trailing)
TTGT Profitability
TTGT Fundamentals
TTGT Revenue
TTGT Earnings
Price Action
52 Week Range
28.2574.61
(Low)(High)
Last 7 days
0.2%
Last 30 days
7.2%
Last 90 days
-10.1%
Trailing 12 Months
-51.2%
TTGT Financial Health
TTGT Investor Care
Peers (Alternatives to TechTarget)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
CHTR | 49.9B | 54.5B | -7.73% | -33.90% | 9.76 | 0.92 | 4.04% | -1.50% |
OMC | 18.5B | 14.3B | 4.92% | 25.88% | 13.48 | 1.29 | 0.35% | 5.91% |
IPG | 14.9B | 10.9B | 11.57% | 22.30% | 16.49 | 1.37 | 3.11% | -11.36% |
SIRI | 13.9B | 9.0B | -2.34% | -42.64% | 12.21 | 1.55 | 1.54% | -19.02% |
| MID-CAP | ||||||||
NXST | 5.7B | 5.3B | -4.56% | -2.26% | 6.83 | 1.08 | 10.82% | -6.18% |
DISH | 4.3B | 16.3B | 4.43% | -67.35% | 1.82 | 0.26 | -7.95% | -3.38% |
| SMALL-CAP | ||||||||
CRTO | 2.1B | 2.0B | 4.88% | 27.65% | -94.22 | 1.1 | -12.24% | -117.07% |
TTGT | 1.0B | 286.4M | 7.23% | -51.23% | 28.27 | 3.56 | 2.80% | 472.58% |
CCO | 738.0M | 2.5B | 3.03% | -14.47% | -5.57 | 0.29 | 4.38% | 78.23% |
IHRT | 464.8M | 3.9B | -11.36% | -73.87% | -1.06 | 0.12 | 5.00% | -1391.44% |
EEX | 238.8M | 349.7M | 8.88% | 10.47% | 1.83 | 0.68 | 51.32% | 264.12% |
CDLX | 220.1M | 294.9M | -29.94% | -80.31% | -0.47 | 0.74 | 4.66% | -586.22% |
SCOR | 81.3M | 374.0M | -3.40% | -59.82% | -1.23 | 0.22 | 0.91% | -187.29% |
SGRP | 29.1M | 266.7M | 17.92% | -4.58% | -398.43 | 0.11 | 5.14% | 88.28% |
CREX | 19.8M | 42.5M | 6.77% | 287.51% | -12.19 | 0.47 | 75.85% | -211.22% |
Financials for TechTarget
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Revenue | -3.7% | 286 | 297 | 301 | 294 | 279 |
| Gross Profit | -4.8% | 209 | 219 | 223 | 217 | 205 |
| Operating Expenses | -0.1% | 162 | 162 | 163 | 168 | 163 |
| S&GA Expenses | 0.5% | 101 | 101 | 102 | 101 | 98.00 |
| R&D Expenses | -4.1% | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 |
| EBITDA | 203.3% | 68.00 | 23.00 | 11.00 | 4.00 | - |
| EBITDA Margin | 207.3% | 0.23* | 0.07* | 0.04* | 0.01* | - |
| Earnings Before Taxes | -12.2% | 51.00 | 58.00 | 37.00 | 25.00 | 19.00 |
| EBT Margin | 58.9% | 0.19* | 0.12* | 0.09* | 0.07* | - |
| Interest Expenses | 103.7% | 1.00 | -23.55 | -23.64 | -23.14 | - |
| Net Income | -13.3% | 36.00 | 42.00 | 18.00 | 14.00 | 6.00 |
| Net Income Margin | 128.5% | 0.14* | 0.06* | 0.05* | 0.02* | - |
| Free Cahsflow | -5.7% | 77.00 | 81.00 | 83.00 | 80.00 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Assets | -2.3% | 747 | 765 | 779 | 800 | 799 |
| Current Assets | -4.4% | 412 | 431 | 450 | 460 | 452 |
| Cash Equivalents | -10.9% | 307 | 345 | 364 | 374 | 375 |
| Net PPE | 3.4% | 23.00 | 23.00 | 22.00 | 21.00 | 20.00 |
| Goodwill | 0.4% | 193 | 192 | 190 | 193 | 196 |
| Liabilities | -1.9% | 537 | 547 | 550 | 561 | 558 |
| Current Liabilities | -18.1% | 47.00 | 58.00 | 60.00 | 70.00 | 65.00 |
| Shareholder's Equity | -3.4% | 210 | 217 | 230 | 238 | 241 |
| Retained Earnings | 2.0% | 82.00 | 80.00 | 73.00 | 58.00 | 46.00 |
| Additional Paid-In Capital | 3.2% | 439 | 425 | 418 | 407 | 398 |
| Shares Outstanding | -1.7% | 29.00 | 29.00 | 30.00 | 30.00 | 30.00 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Cashflow From Operations | -10.3% | 81.00 | 91.00 | 96.00 | 96.00 | 94.00 |
| Share Based Compensation | 6.0% | 46.00 | 44.00 | 41.00 | 45.00 | 42.00 |
| Cashflow From Investing | -174.6% | -39.69 | -14.45 | -29.46 | -57.84 | -57.46 |
| Cashflow From Financing | -18.8% | -110 | -92.96 | 201 | 229 | 246 |
| Buy Backs | 31.2% | 104 | 79.00 | 45.00 | 17.00 | 0.00 |
Risks for TTGT
What is the probability of a big loss on TTGT?
90.8%
Probability that TechTarget stock will be more than 20% underwater in next one year
86.2%
Probability that TechTarget stock will be more than 30% underwater in next one year.
43.9%
Probability that TechTarget stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does TTGT drawdown profile look like?
Y-axis is the maximum loss one would have experienced if TechTarget was unfortunately bought at previous high price.
Drawdowns
Returns for TTGT
Cumulative Returns on TTGT
23.6%
10-Year Cumulative Returns
23.2%
7-Year Cumulative Returns
6.3%
5-Year Cumulative Returns
9.3%
3-Year Cumulative Returns
What are the long-term rolling returns for TTGT?
FIve years rolling returns for TechTarget.
Annualized Returns
Which funds bought or sold TTGT recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-05-23 | ROYCE & ASSOCIATES LP | reduced | -9.03 | -3,553,500 | 10,421,500 | 0.10% |
2023-05-22 | PUTNAM INVESTMENTS LLC | new | - | 4,130,200 | 4,130,200 | 0.01% |
2023-05-22 | PUTNAM INVESTMENTS LLC | sold off | -100 | -8,599,100 | - | -% |
2023-05-22 | AMERIPRISE FINANCIAL INC | reduced | -19.72 | -9,149,640 | 17,615,400 | 0.01% |
2023-05-18 | JPMORGAN CHASE & CO | added | 85.88 | 647,000 | 1,884,000 | -% |
2023-05-18 | NEW YORK STATE COMMON RETIREMENT FUND | reduced | -32.04 | -402,000 | 506,000 | -% |
2023-05-17 | Advisory Services Network, LLC | added | 8,946 | 560,899 | 568,565 | 0.02% |
2023-05-17 | KB FINANCIAL PARTNERS, LLC | unchanged | - | - | 4,000 | -% |
2023-05-17 | Thrivent Financial for Lutherans | added | 76.41 | 544,000 | 1,763,000 | -% |
2023-05-16 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | added | 660 | 1,515,520 | 1,804,990 | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
TechTarget News
Schedule 13G FIlings of TechTarget
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 10, 2023 | neuberger berman group llc | 6.95% | 2,037,976 | SC 13G/A | |
| Feb 09, 2023 | vanguard group inc | 6.76% | 1,981,138 | SC 13G/A | |
| Feb 09, 2023 | fmr llc | - | 0 | SC 13G/A | |
| Jan 23, 2023 | blackrock inc. | 14.6% | 4,293,287 | SC 13G/A | |
| Feb 14, 2022 | neuberger berman group llc | 6.24% | 1,797,967 | SC 13G/A | |
| Feb 09, 2022 | fmr llc | - | 0 | SC 13G/A | |
| Feb 07, 2022 | roger m. marino 2010 revocable trust | 4.1% | 1,174,222 | SC 13G/A | |
| Jan 28, 2022 | blackrock inc. | 13.5% | 3,904,005 | SC 13G/A | |
| Mar 10, 2021 | fmr llc | - | 0 | SC 13G | |
| Feb 12, 2021 | neuberger berman group llc | 6.39% | 1,796,503 | SC 13G |
Recent SEC filings of TechTarget
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| May 09, 2023 | 8-K | Current Report | |
| May 09, 2023 | 10-Q | Quarterly Report | |
| Apr 19, 2023 | DEFA14A | DEFA14A | |
| Apr 19, 2023 | DEF 14A | DEF 14A | |
| Apr 19, 2023 | ARS | ARS | |
| Feb 28, 2023 | 4 | Insider Trading | |
| Feb 28, 2023 | 4 | Insider Trading | |
| Feb 28, 2023 | 4 | Insider Trading | |
| Feb 28, 2023 | 4 | Insider Trading | |
| Feb 28, 2023 | 10-K | Annual Report |
Latest Insider Trading transactions for TTGT
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-02-24 | Hawk Don | sold (taxes) | -13,696 | 37.73 | -363 | executive director |
2023-02-24 | Strakosch Greg | acquired | - | - | 1,682 | executive chairman |
2023-02-24 | Noreck Daniel T | acquired | - | - | 580 | chief financial officer |
2023-02-24 | Hawk Don | acquired | - | - | 812 | executive director |
2023-02-24 | Cotoia Michael | acquired | - | - | 1,682 | chief executive officer |
2023-02-24 | Noreck Daniel T | sold (taxes) | -10,866 | 37.73 | -288 | chief financial officer |
2023-02-24 | Strakosch Greg | sold (taxes) | -20,110 | 37.73 | -533 | executive chairman |
2023-02-24 | Cotoia Michael | sold (taxes) | -31,542 | 37.73 | -836 | chief executive officer |
2023-02-21 | Kitchens Rebecca | sold | -29,625 | 39.5 | -750 | president |
2023-02-16 | BURKE ROBERT D | acquired | 17,575 | 7.03 | 2,500 | - |
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. It also provides purchase-intent marketing and sales services for enterprise technology vendors; and customized marketing programs that integrate demand generation, brand advertising techniques, and content curation and creation. 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; custom content creation services; and BrightTALK platform that allows customers to create, host and promote webinars, virtual events, and video content. It also operates an integrated content platform that consists of a network of approximately 150 websites, and 1,080 webinars and virtual event channels that focus on a specific IT sector, such as storage, security, or networking. In addition, the company enables registered members to conduct their pre-purchase research by accessing vendor supplied content through its virtual event and webinar channels, and website networks. TechTarget, Inc. was incorporated in 1999 and is headquartered in Newton, Massachusetts.
TTGT Income Statement
2023-03-31Condensed Consolidated Statements of Income and Comprehensive Income - USD ($) $ in Thousands | 3 Months Ended | |||||
|---|---|---|---|---|---|---|
Mar. 31, 2023 | Mar. 31, 2022 | |||||
| Income Statement [Abstract] | ||||||
| Revenue | $ 57,114 | $ 68,165 | ||||
| Cost of revenue | [1] | 17,350 | 17,846 | |||
| Amortization of acquired technology | 673 | 745 | ||||
| Gross profit | 39,091 | 49,574 | ||||
| Operating expenses: | ||||||
| Selling and marketing | [1] | 24,756 | 24,255 | |||
| Product development | [1] | 2,609 | 3,118 | |||
| General and administrative | [1] | 7,918 | 7,842 | |||
| Depreciation, excluding depreciation of $845 and $622, respectively, included in cost of revenue | 2,000 | 1,665 | ||||
| Amortization | 1,493 | 2,012 | ||||
| Total operating expenses | 38,776 | 38,892 | ||||
| Operating income | 315 | 10,682 | ||||
| Interest and other income (expense), net | 2,757 | (560) | ||||
| Income before provision for income taxes | 3,072 | 10,122 | ||||
| Provision for income taxes | 1,427 | 2,958 | ||||
| Net income | 1,645 | 7,164 | ||||
| Other comprehensive income (loss), net of tax: | ||||||
| Unrealized income (loss) on investments (net of tax provision effect of $18 and $(20), respectively) | 63 | (69) | ||||
| Foreign currency translation gain (loss) | 2,029 | (2,695) | ||||
| Other comprehensive income (loss) | 2,092 | (2,764) | ||||
| Comprehensive income | $ 3,737 | $ 4,400 | ||||
| Net income per common share: | ||||||
| Basic | $ 0.06 | $ 0.24 | ||||
| Diluted | [2] | $ 0.06 | $ 0.23 | |||
| Weighted average common shares outstanding: | ||||||
| Basic | 28,757,000 | 29,708,000 | ||||
| Diluted weighted average shares | 28,953,106 | 34,414,257 | ||||
| ||||||
TTGT Balance Sheet
2023-03-31Condensed Consolidated Balance Sheets - USD ($) $ in Thousands | Mar. 31, 2023 | Dec. 31, 2022 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $ 307,089 | $ 344,523 |
| Short-term investments | 45,590 | 20,210 |
| Accounts receivable, net of allowance for doubtful accounts of $4,778 and $4,494 respectively | 51,375 | 60,359 |
| Prepaid expenses and other current assets | 7,787 | 5,745 |
| Total current assets | 411,841 | 430,837 |
| Property and equipment, net | 23,271 | 22,507 |
| Goodwill | 193,009 | 192,227 |
| Intangible assets, net | 94,386 | 95,517 |
| Operating lease assets with right-of-use | 19,510 | 20,039 |
| Deferred tax assets | 4,136 | 2,945 |
| Other assets | 649 | 645 |
| Total assets | 746,802 | 764,717 |
| Current liabilities: | ||
| Accounts payable | 3,052 | 3,298 |
| Current operating lease liabilities | 3,896 | 4,099 |
| Accrued expenses and other current liabilities | 6,580 | 10,935 |
| Accrued compensation expenses | 1,550 | 4,643 |
| Income taxes payable | 9,974 | 7,827 |
| Contract liabilities | 22,350 | 27,086 |
| Total current liabilities | 47,402 | 57,888 |
| Non-current operating lease liabilities | 19,609 | 20,371 |
| Convertible senior notes | 456,321 | 455,694 |
| Deferred tax liabilities | 13,448 | 13,290 |
| Total liabilities | 536,780 | 547,243 |
| Leases and contingencies (see Note 9) | ||
| Stockholders’ equity: | ||
| Preferred stock, $0.001 par value; 5,000,000 shares authorized; no shares issued or outstanding | 0 | 0 |
| Common stock, $0.001 par value; 100,000,000 shares authorized; 58,014,065 and 57,919,501 shares issued, respectively 28,535,450 and 29,023,093 shares outstanding respectively | 58 | 58 |
| Treasury stock, at cost; 29,478,615 and 28,896,408 shares, respectively | (303,876) | (278,876) |
| Additional paid-in capital | 439,269 | 425,458 |
| Accumulated other comprehensive loss | (7,445) | (9,537) |
| Retained earnings | 82,016 | 80,371 |
| Total stockholders’ equity | 210,022 | 217,474 |
| Total liabilities and stockholders’ equity | $ 746,802 | $ 764,717 |