TechTarget, Inc. (NASDAQ:TTGT) anticipates an earnings per share of $0.02 and revenue of $62 million for its upcoming quarterly earnings.
The company is under investigation by Pomerantz LLP for potential securities fraud, leading to a 12.75% drop in its stock price.
TechTarget, Inc. (NASDAQ:TTGT) is a company that specializes in purchase intent-driven marketing and sales services, aiming to connect technology companies with their target audiences through various digital channels. As the company prepares for its quarterly earnings release on May 22, 2025, Wall Street sets its expectations with an earnings per share forecast of $0.02 and projected revenue of $62 million.
However, TTGT is currently navigating through turbulent waters. Pomerantz LLP has initiated an investigation into potential securities fraud following TTGT’s disclosure of a deficiency notification from Nasdaq, which was due to the company’s failure to file its Annual Report on time. This disclosure has significantly impacted investor confidence, resulting in a 12.75% decline in TTGT’s stock price, which closed at $7.12 on April 21, 2025.
Examining TTGT’s financial health reveals several challenges. The company’s price-to-sales ratio of 2.53 suggests that investors still hold some level of confidence in its revenue-generating capabilities. The enterprise value to sales ratio of 3.20 and the enterprise value to operating cash flow ratio of 12.13 further highlight the valuation challenges faced by TTGT. The company’s debt-to-equity ratio of 1.72 indicates a higher reliance on debt financing, whereas a current ratio of 10.49 points to strong liquidity.