Eventbrite Inc (NYSE:EB)’s traded shares stood at 1.44 million during the last session, with the company’s beta value hitting 2.32. At the close of trading, the stock’s price was $3.00, to imply an increase of 3.81% or $0.11 in intraday trading. The EB share’s 52-week high remains $9.20, putting it -206.67% down since that peak but still an impressive 16.33% since price per share fell to its 52-week low of $2.51. The company has a valuation of $288.30M, with an average of 1.02 million shares in intraday trading volume over the past 10 days and average of 1.75 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Eventbrite Inc (EB), translating to a mean rating of 2.57. Of 2 analyst(s) looking at the stock, 0 analyst(s) give EB a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 2 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.13.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Eventbrite Inc (NYSE:EB) trade information
After registering a 3.81% upside in the last session, Eventbrite Inc (EB) has traded red over the past five days. The 5-day price performance for the stock is 0.67%, and 7.91% over 30 days. With these gigs, the year-to-date price performance is -64.11%. Short interest in Eventbrite Inc (NYSE:EB) saw shorts transact 7.29 million shares and set a 5.27 days time to cover.
The extremes give us $8 and $23 for target low and target high price respectively. As such, EB has been trading -666.67% off suggested target high and -166.67% from its likely low.
Eventbrite Inc (EB) estimates and forecasts
Looking at statistics comparing Eventbrite Inc share performance against respective industry, we note that the company has outperformed competitors. Eventbrite Inc (EB) shares are -44.24% down over the last 6 months, with its year-to-date growth rate higher than industry average at 7.69% against 5.70%. Revenue is forecast to shrink -30.00% this quarter before falling -600.00% for the next one. The rating firms project that company’s revenue will shrink -1.30% compared to the previous financial year.
Revenue forecast for the current quarter as set by 6 analysts is 75.83M. Meanwhile, for the current quarter, a total of 6 analyst(s) estimate revenue growth to 75.47M.Earnings reports from the last fiscal year show that sales brought in 81.12M and 87.76M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -6.50% before dropping -14.00% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 31.15% for the past 5-year period. While 2024 is set for a 12.88% return in earnings, projections for the next 5 years are at 46.40% annually.
EB Dividends
Eventbrite Inc has its next earnings report out on 2024-Nov-07. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Eventbrite Inc (NYSE:EB)’s Major holders
Eventbrite Inc insiders hold 4.22% of total outstanding shares, with institutional holders owning 94.40% of the shares at 98.56% float percentage. In total, 94.40% institutions holds shares in the company, led by BLACKROCK INC.. As of 2024-06-30, the company held over 6.75 million shares (or 6.8088% of shares), all amounting to roughly $32.66 million.
The next major institution holding the largest number of shares is EDMOND DE ROTHSCHILD HOLDING S.A. with 6.42 million shares, or about 6.4761% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $31.06 million.
