Eventbrite Inc. (EB) Upgraded Issued by Wall Street Gurus

Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp

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

Get the hottest stocks to trade every day before the market opens 100% free. Click here now.

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 2021 Backdoor Crypto Portfolio (free)

Even if you’re not actively in crypto, you deserve to know what’s actually going on...

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.

Sponsored



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.

Insider Trading

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.

Get the hottest stocks to trade every day before the market opens 100% free. Click here now.

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.

Sign up for our FREE Newsletter and get:

Leave a Comment

Your email address will not be published. Required fields are marked *

Sign up for our FREE Newsletter and get:

Is Stereotaxis Inc. (STXS) a Keeper?

Stereotaxis Inc. (AMEX:STXS) went up by 0.36% from its latest closing price compared to the recent 1-year high of $8.57. The company’s stock price has

Get The Best Stocks To Trade Every Day!...100% Free

We do not sell or share your information with anyone.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

We do not sell or share your information with anyone.

Get Best Morning Financial Newsletter... 100% Free

Best stocks ideas

Analysts’ Upgrades & Downgrades

Important Earnings

Insider Watchlist

We do not sell or share your information with anyone.