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After finishing at $5.19 in the prior trading day, Eventbrite Inc (NYSE: EB) closed at $5.33, up 2.70%. In other words, the price has increased by $2.70 from its previous closing price. On the day, 1.3 million shares were traded. EB stock price reached its highest trading level at $5.435 during the session, while it also had its lowest trading level at $5.16.
Ratios:
Our goal is to gain a better understanding of EB by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.71 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 63.05. For the most recent quarter (mrq), Quick Ratio is recorded 1.86 and its Current Ratio is at 1.86. In the meantime, Its Debt-to-Equity ratio is 1.97 whereas as Long-Term Debt/Eq ratio is at 1.96.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 14 ’24 when Baker Charles sold 20,000 shares for $4.93 per share. The transaction valued at 98,618 led to the insider holds 636,167 shares of the business.
Baker Charles sold 20,000 shares of EB for $110,496 on Mar 15 ’24. The CFO now owns 357,839 shares after completing the transaction at $5.52 per share. On Dec 15 ’23, another insider, Baker Charles, who serves as the Chief Financial Officer of the company, sold 20,000 shares for $8.34 each. As a result, the insider received 166,846 and left with 361,319 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 504028256 and an Enterprise Value of 186034416. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.55 while its Price-to-Book (P/B) ratio in mrq is 2.87. Its current Enterprise Value per Revenue stands at 0.556 whereas that against EBITDA is -20.719.
Stock Price History:
The Beta on a monthly basis for EB is 2.35, which has changed by -0.45667684 over the last 52 weeks, in comparison to a change of 0.21656322 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 $4.46. The 50-Day Moving Average of the stock is 6.44%, while the 200-Day Moving Average is calculated to be -20.13%.
Shares Statistics:
The stock has traded on average 1.81M shares per day over the past 3-months and 2941670 shares per day over the last 10 days, according to various share statistics. A total of 85.61M shares are outstanding, with a floating share count of 72.91M. Insiders hold about 24.92% of the company’s shares, while institutions hold 80.45% stake in the company. Shares short for EB as of 1719532800 were 9113574 with a Short Ratio of 5.04, compared to 1717113600 on 9736584. Therefore, it implies a Short% of Shares Outstanding of 9113574 and a Short% of Float of 11.44.
