Eventbrite Inc. (NYSE:EB) went up by 6.41% from its latest closing price compared to the recent 1-year high of $22.42. The company’s stock price has collected 6.47% of gains in the last five trading sessions. Press Release reported on 03/02/21 that Eventbrite to Participate in the Truist Securities Technology, Internet & Services Conference
Is It Worth Investing in Eventbrite Inc. (NYSE :EB) Right Now?
Opinions of the stock are interesting as 2 analysts out of 4 who provided ratings for Eventbrite Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 2 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $20.67, which is -$8.23 below the current price. EB currently public float of 66.31M and currently shorts hold a 12.35% ratio of that float. Today, the average trading volume of EB was 1.13M shares.
EB’s Market Performance
EB stocks went up by 6.47% for the week, with a monthly jump of 20.23% and a quarterly performance of 32.56%, while its annual performance rate touched 62.62%. The volatility ratio for the week stands at 11.87% while the volatility levels for the past 30 days are set at 7.18% for Eventbrite Inc.. The simple moving average for the period of the last 20 days is 17.66% for EB stocks with a simple moving average of 72.84% for the last 200 days.
Analysts’ Opinion of EB
Many brokerage firms have already submitted their reports for EB stocks, with SunTrust repeating the rating for EB by listing it as a “Buy.” The predicted price for EB in the upcoming period, according to SunTrust is $12 based on the research report published on May 18th of the previous year 2020.
RBC Capital Mkts, on the other hand, stated in their research note that they expect to see EB reach a price target of $17, previously predicting the price at $23. The rating they have provided for EB stocks is “Sector Perform” according to the report published on February 28th, 2020.
EB Trading at 19.93% from the 50-Day Moving Average
After a stumble in the market that brought EB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -0.85% of loss for the given period.
Volatility was left at 7.18%, however, over the last 30 days, the volatility rate increased by 11.87%, as shares surge +21.14% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +19.90% upper at present.
During the last 5 trading sessions, EB rose by +6.47%, which changed the moving average for the period of 200-days by +245.72% in comparison to the 20-day moving average, which settled at $19.09. In addition, Eventbrite Inc. saw 22.82% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at EB starting from Harnett Samantha, who sale 2,168 shares at the price of $8.38 back on Apr 13. After this action, Harnett Samantha now owns 13,019 shares of Eventbrite Inc., valued at $18,174 using the latest closing price.
Stock Fundamentals for EB
Current profitability levels for the company are sitting at:
- -20.72 for the present operating margin
- +55.46 for the gross margin
The net margin for Eventbrite Inc. stands at -20.36. The total capital return value is set at -14.45, while invested capital returns managed to touch -14.43. Equity return is now at value -63.70, with -27.40 for asset returns.
Based on Eventbrite Inc. (EB), the company’s capital structure generated 6.10 points at debt to equity in total, while total debt to capital is 5.75. Total debt to assets is 3.21, with long-term debt to equity ratio resting at 3.87. Finally, the long-term debt to capital ratio is 3.64.
When we switch over and look at the enterprise to sales, we see a ratio of 3.57, with the company’s debt to enterprise value settled at 0.02. The receivables turnover for the company is 13.36 and the total asset turnover is 0.41. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.47.