On Monday, Eventbrite Inc (NYSE: EB) was -3.23% drop from the session before settling in for the closing price of $3.41. A 52-week range for EB has been $2.51 – $10.50.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 16.58%. When this article was written, the company’s average yearly earnings per share was at 14.17%. With a float of $75.06 million, this company’s outstanding shares have now reached $85.61 million.
Considering the fact that the conglomerate employs 866 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 68.51%, operating margin of -9.81%, and the pretax margin is -3.62%.
Eventbrite Inc (EB) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Eventbrite Inc stocks. The insider ownership of Eventbrite Inc is 21.90%, while institutional ownership is 77.75%. The most recent insider transaction that took place on Aug 23 ’24, was worth 262,500. Before that another transaction happened on Jun 14 ’24, when Company’s CFO sold 20,000 for $4.93, making the entire transaction worth $98,618. This insider now owns 636,167 shares in total.
Eventbrite Inc (EB) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted -0.1 earnings per share (EPS) during the time that was better than consensus figure (set at -0.11) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.07 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 14.17% 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 31.15% growth over the previous five years of trading.
Eventbrite Inc (NYSE: EB) Trading Performance Indicators
You can see what Eventbrite Inc (EB) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.94. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.93. Likewise, its price to free cash flow for the trailing twelve months is 196.98.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.14, a number that is poised to hit -0.13 in the next quarter and is forecasted to reach -0.10 in one year’s time.
Technical Analysis of Eventbrite Inc (EB)
Compared to the last year’s volume of 1.88 million, its volume of 1.61 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 81.24%. Additionally, its Average True Range was 0.27.
During the past 100 days, Eventbrite Inc’s (EB) raw stochastic average was set at 22.80%, which indicates a significant decrease from 49.07% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 96.46% in the past 14 days, which was higher than the 64.14% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.40, while its 200-day Moving Average is $6.09. Nevertheless, the first resistance level for the watch stands at $3.40 in the near term. At $3.49, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.55. If the price goes on to break the first support level at $3.25, it is likely to go to the next support level at $3.19. Should the price break the second support level, the third support level stands at $3.10.
Eventbrite Inc (NYSE: EB) Key Stats
There are 97,115K outstanding shares of the company, which has a market capitalization of 317.13 million. As of now, sales total 326,130 K while income totals -26,480 K. Its latest quarter income was 84,550 K while its last quarter net income were 1,060 K.
