Eventbrite (EB) to Release Earnings on Thursday

Eventbrite (NYSE:EB) will likely be releasing its earnings data after the market closes on Thursday, February 27th. Analysts expect Eventbrite to post earnings of ($0.06) per share and revenue of $76.18 million for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Eventbrite Trading Up 0.5 %

EB opened at $3.27 on Tuesday. Eventbrite has a 52 week low of $2.51 and a 52 week high of $8.46. The business has a fifty day simple moving average of $3.42 and a 200-day simple moving average of $3.28. The firm has a market cap of $316.32 million, a P/E ratio of -36.28 and a beta of 2.27. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 1.34.

Insider Activity at Eventbrite

In related news, COO Charles Baker sold 20,000 shares of Eventbrite stock in a transaction on Friday, December 13th. The stock was sold at an average price of $3.55, for a total value of $71,000.00. Following the completion of the transaction, the chief operating officer now directly owns 617,487 shares in the company, valued at approximately $2,192,078.85. This trade represents a 3.14 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 21.46% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Separately, BWS Financial restated a “buy” rating and set a $7.00 price target on shares of Eventbrite in a research report on Wednesday, November 13th. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, Eventbrite has a consensus rating of “Hold” and a consensus price target of $6.58.

About Eventbrite

Eventbrite, Inc operates a two-sided marketplace that provides self-service ticketing and marketing tools for event creators in the United States and internationally. Its platform integrates components needed to plan, promote, and produce live events that allow creators to reduce friction and costs, enhance reach, and drive ticket sales.