Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
In the latest session, Eventbrite Inc (NYSE: EB) closed at $2.25 down -2.60% from its previous closing price of $2.31. In other words, the price has decreased by -$2.60 from its previous closing price. On the day, 1.2 million shares were traded.
Ratios:
For a deeper understanding of Eventbrite Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.40 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.72. For the most recent quarter (mrq), Quick Ratio is recorded 1.50 and its Current Ratio is at 1.50. In the meantime, Its Debt-to-Equity ratio is 1.43 whereas as Long-Term Debt/Eq ratio is at 1.24.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, B. Riley Securities on February 28, 2025, Downgraded its rating to Neutral and sets its target price to $3.50 from $5 previously.
Piper Sandler Downgraded its Overweight to Neutral on August 09, 2024, whereas the target price for the stock was revised from $9 to $4.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 13 ’24 when Baker Charles sold 20,000 shares for $3.55 per share. The transaction valued at 71,050 led to the insider holds 617,487 shares of the business.
CHARLES C BAKER bought 20,000 shares of EB for $71,048 on Dec 13 ’24. On Nov 13 ’24, another insider, August-deWilde Katherine, who serves as the Director of the company, sold 91,887 shares for $3.49 each. As a result, the insider received 320,548 and left with 206,590 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.65 while its Price-to-Book (P/B) ratio in mrq is 1.25.
Stock Price History:
Over the past 52 weeks, EB has reached a high of $6.01, while it has fallen to a 52-week low of $2.22. The 50-Day Moving Average of the stock is -30.61%, while the 200-Day Moving Average is calculated to be -38.64%.
Shares Statistics:
A total of 78.64M shares are outstanding, with a floating share count of 73.70M. Insiders hold about 22.12% of the company’s shares, while institutions hold 64.82% stake in the company.
Earnings Estimates
Eventbrite Inc (EB) is currently under the scrutiny of 2.0 analysts, each contributing to the ongoing evaluation of its stock.The consensus estimate for the next quarter is -$0.07, with high estimates of -$0.03 and low estimates of -$0.11.
Analysts are recommending an EPS of between -$0.14 and -$0.44 for the fiscal current year, implying an average EPS of -$0.29. EPS for the following year is -$0.19, with 2.0 analysts recommending between $0.02 and -$0.39.
Revenue Estimates
A total of 4 analysts believe the company’s revenue will be $72.88M this quarter.It ranges from a high estimate of $74M to a low estimate of $72.2M. As of the current estimate, Eventbrite Inc’s year-ago sales were $86.25MFor the next quarter, 4 analysts are estimating revenue of $74.5M. There is a high estimate of $75.1M for the next quarter, whereas the lowest estimate is $73.6M.
A total of 5 analysts have provided revenue estimates for EB’s current fiscal year. The highest revenue estimate was $305.23M, while the lowest revenue estimate was $301.68M, resulting in an average revenue estimate of $302.95M. In the same quarter a year ago, actual revenue was $325.07MBased on 4 analysts’ estimates, the company’s revenue will be $338.18M in the next fiscal year. The high estimate is $350.56M and the low estimate is $323.8M.
