TechTarget allows technology sales and marketing teams to leverage real-time purchase intent data to more intelligently engage technology buyers and prioritize follow-up based on active projects, technical priorities and business needs. The company was founded in 1999 and is based in Newton, Massachusetts.
TTGT Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for TTGT, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that TechTarget Inc ranked in the 29th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. In terms of the factors that were most noteworthy in this DCF analysis for TTGT, they are:
The business' balance sheet reveals debt to be 3% of the company's capital (with equity being the remaining amount). Approximately merely 12.35% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
The company's cost of debt, derived from its interest coverage, tax rate, and market capitalization, is greater than only 0% of stocks in its sector (Technology).
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
FICO, NVDA, NXPI, SVMK, and ENV can be thought of as valuation peers to TTGT, in the sense that they are in the Technology sector and have a similar price forecast based on DCF valuation.
TechTarget, Inc. (TTGT) Q2 2020 Earnings Conference Call August 5, 2020 05:00 p.m. ET Company Representatives Greg Strakosch - Executive Chairman Mike Cotoia - Chief Executive Officer Dan Noreck - Chief Financial Officer Charles Rennick - General Counsel Conference Call Participants Jason Kreyer - Craig-Hallum Aaron Kessler - Raymond James...