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In other words, the price has increased by $0.00 from its previous closing price. On the day, 1.34 million shares were traded. EB stock price reached its highest trading level at $5.5 during the session, while it also had its lowest trading level at $5.24.
Ratios:
To gain a deeper understanding of EB’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.79 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 33.14. For the most recent quarter (mrq), Quick Ratio is recorded 1.99 and its Current Ratio is at 1.99. In the meantime, Its Debt-to-Equity ratio is 1.88 whereas as Long-Term Debt/Eq ratio is at 1.87.
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 this company, B. Riley Securities on December 08, 2023, initiated with a Buy rating and assigned the stock a target price of $13.
On November 27, 2023, BWS Financial started tracking the stock assigning a Buy rating and target price of $12.
KeyBanc Capital Markets Upgraded its Sector Weight to Overweight on July 27, 2023, while the target price for the stock was maintained at $14.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 15 ’24 when Baker Charles sold 20,000 shares for $5.52 per share. The transaction valued at 110,496 led to the insider holds 357,839 shares of the business.
Baker Charles sold 20,000 shares of EB for $166,846 on Dec 15 ’23. The Chief Financial Officer now owns 361,319 shares after completing the transaction at $8.34 per share. On Aug 08 ’23, another insider, Sagi Vivek, who serves as the Chief Technology Officer of the company, sold 100,568 shares for $11.24 each. As a result, the insider received 1,130,606 and left with 181,721 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EB now has a Market Capitalization of 548049856 and an Enterprise Value of 266064432. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.68 while its Price-to-Book (P/B) ratio in mrq is 2.84. Its current Enterprise Value per Revenue stands at 0.816 whereas that against EBITDA is -17.79.
Stock Price History:
The Beta on a monthly basis for EB is 2.45, which has changed by -0.2270115 over the last 52 weeks, in comparison to a change of 0.24191546 over the same period for the S&P500. Over the past 52 weeks, EB has reached a high of $11.90, while it has fallen to a 52-week low of $5.00. The 50-Day Moving Average of the stock is -9.47%, while the 200-Day Moving Average is calculated to be -34.32%.
Shares Statistics:
It appears that EB traded 1.89M shares on average per day over the past three months and 1531590 shares per day over the past ten days. A total of 85.61M shares are outstanding, with a floating share count of 78.09M. Insiders hold about 23.34% of the company’s shares, while institutions hold 75.78% stake in the company. Shares short for EB as of 1713139200 were 10811296 with a Short Ratio of 5.72, compared to 1710460800 on 9321221. Therefore, it implies a Short% of Shares Outstanding of 10811296 and a Short% of Float of 12.67.
Earnings Estimates
The stock of Eventbrite Inc (EB) is currently drawing attention from 4.0 analysts actively involved in the ongoing evaluation and rating process.On average, analysts expect EPS of -$0.04 for the current quarter, with a high estimate of -$0.03 and a low estimate of -$0.08, while EPS last year was -$0.13. The consensus estimate for the next quarter is -$0.03, with high estimates of $0.0 and low estimates of -$0.07.
Analysts are recommending an EPS of between -$0.01 and -$0.28 for the fiscal current year, implying an average EPS of -$0.13. EPS for the following year is -$0.02, with 4.0 analysts recommending between $0.14 and -$0.16.
Revenue Estimates
In the current quarter, 5 analysts expect revenue to total $85.2M. It ranges from a high estimate of $86M to a low estimate of $84.6M. As of the current estimate, Eventbrite Inc’s year-ago sales were $77.91MFor the next quarter, 5 analysts are estimating revenue of $88.91M. There is a high estimate of $89.87M for the next quarter, whereas the lowest estimate is $88M.
A total of 6 analysts have provided revenue estimates for EB’s current fiscal year. The highest revenue estimate was $368M, while the lowest revenue estimate was $365.38M, resulting in an average revenue estimate of $366.73M. In the same quarter a year ago, actual revenue was $326.13MBased on 5 analysts’ estimates, the company’s revenue will be $419.7M in the next fiscal year. The high estimate is $435.48M and the low estimate is $411.34M.
