Eventbrite (EB) to Release Earnings on Thursday

Eventbrite (NYSE:EB) is anticipated to issue its quarterly earnings data after the market closes on Thursday, February 27th. Analysts expect the company to announce earnings of ($0.06) per share and revenue of $76.18 million for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

Eventbrite Stock Up 0.5 %

Eventbrite stock opened at $3.27 on Tuesday. Eventbrite has a 1-year low of $2.51 and a 1-year high of $8.46. The company has a debt-to-equity ratio of 1.34, a current ratio of 1.56 and a quick ratio of 1.56. The stock has a market cap of $316.32 million, a PE ratio of -36.28 and a beta of 2.27. The stock’s fifty day moving average is $3.42 and its two-hundred day moving average is $3.28.

Analyst Ratings Changes

Separately, BWS Financial restated a “buy” rating and issued a $7.00 price target on shares of Eventbrite in a research note on Wednesday, November 13th. Four research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $6.58.

Insider Transactions at Eventbrite

In other news, COO Charles Baker sold 20,000 shares of Eventbrite stock in a transaction dated Friday, December 13th. The stock was sold at an average price of $3.55, for a total transaction of $71,000.00. Following the sale, the chief operating officer now owns 617,487 shares in the company, valued at approximately $2,192,078.85. The trade was a 3.14 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 21.46% of the company’s stock.

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.