On November 20, 2023, Eventbrite Inc (NYSE: EB) opened at $7.31, lower -3.84% from the last session. During the day, the shares moved up to $7.39 and dropped to $7.00 before settling in for the closing price of $7.29. Price fluctuations for EB have ranged from $5.30 to $11.90 over the past 52 weeks.
During the last 5-year period, the sales growth of Technology Sector giant was 21.25%. Company’s average yearly earnings per share was noted 50.89% at the time writing. With a float of $78.47 million, this company’s outstanding shares have now reached $81.53 million.
Let’s determine the extent of company efficiency that accounts for 881 employees. In terms of profitability, gross margin is +62.01, operating margin of -17.91, and the pretax margin is -21.18.
Eventbrite Inc (EB) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Software – Application industry is another important factor to consider. The insider ownership of Eventbrite Inc is 22.02%, while institutional ownership is 80.48%. The most recent insider transaction that took place on Aug 08, was worth 1,130,606. In this transaction Chief Technology Officer of this company sold 100,568 shares at a rate of $11.24, taking the stock ownership to the 181,721 shares. Before that another transaction happened on May 12, when Company’s General Counsel sold 36,187 for $7.00, making the entire transaction worth $253,128. This insider now owns 191,609 shares in total.
Eventbrite Inc (EB) Recent Fiscal highlights
If we go through the results of last quarter, which was made public on 9/29/2023, the company posted -$0.1 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -$0.11) by $0.01. This company achieved a net margin of -21.23 while generating a return on equity of -32.92. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 50.89% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 46.40% during the next five years compared to 22.20% growth over the previous five years of trading.
Eventbrite Inc (NYSE: EB) Trading Performance Indicators
Check out the current performance indicators for Eventbrite Inc (EB). In the past quarter, the stock posted a quick ratio of 1.80. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.28. Likewise, its price to free cash flow for the trailing twelve months is 19.18.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.21, a number that is poised to hit -0.06 in the next quarter and is forecasted to reach -0.13 in one year’s time.
Technical Analysis of Eventbrite Inc (EB)
Looking closely at Eventbrite Inc (NYSE: EB), its last 5-days average volume was 1.41 million, which is a jump from its year-to-date volume of 1.24 million. As of the previous 9 days, the stock’s Stochastic %D was 12.70%. Additionally, its Average True Range was 0.41.
During the past 100 days, Eventbrite Inc’s (EB) raw stochastic average was set at 0.20%, which indicates a significant decrease from 0.62% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 63.09% in the past 14 days, which was higher than the 46.63% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $8.78, while its 200-day Moving Average is $8.85. However, in the short run, Eventbrite Inc’s stock first resistance to watch stands at $7.27. Second resistance stands at $7.52. The third major resistance level sits at $7.66. If the price goes on to break the first support level at $6.88, it is likely to go to the next support level at $6.74. Now, if the price goes above the second support level, the third support stands at $6.49.
Eventbrite Inc (NYSE: EB) Key Stats
There are currently 100,623K shares outstanding in the company with a market cap of 705.35 million. Presently, the company’s annual sales total 260,930 K according to its annual income of -55,380 K. Last quarter, the company’s sales amounted to 81,540 K and its income totaled -9,940 K.