Additionally, the 36-month beta value for EB is 2.27. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 1 rating it as “overweight,” 4 rating it as “hold,” and 0 rating it as “sell.”
The public float for EB is 75.77M and currently, short sellers hold a 5.90% ratio of that float. The average trading volume of EB on December 19, 2024 was 1.55M shares.
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EB) stock’s latest price update
Eventbrite Inc (NYSE: EB)’s stock price has gone rise by 0.88 in comparison to its previous close of 3.41, however, the company has experienced a -5.23% decrease in its stock price over the last five trading days. zacks.com reported 2024-12-16 that Eventbrite’s free-tier model boosts creator acquisition, while its expanding consumer reach signals growth potential despite ticket volume declines.
EB’s Market Performance
Eventbrite Inc (EB) has seen a -5.23% fall in stock performance for the week, with a -2.55% decline in the past month and a 18.62% surge in the past quarter. The volatility ratio for the week is 5.87%, and the volatility levels for the past 30 days are at 5.57% for EB. The simple moving average for the last 20 days is -6.28% for EB’s stock, with a simple moving average of -18.95% for the last 200 days.
Analysts’ Opinion of EB
Piper Sandler, on the other hand, stated in their research note that they expect to see EB reach a price target of $4, previously predicting the price at $9. The rating they have provided for EB stocks is “Neutral” according to the report published on August 09th, 2024.
EB Trading at 1.65% 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 -62.61% of loss for the given period.
Volatility was left at 5.57%, however, over the last 30 days, the volatility rate increased by 5.87%, as shares sank -0.72% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +23.12% upper at present.
During the last 5 trading sessions, EB fell by -5.37%, which changed the moving average for the period of 200-days by -34.82% in comparison to the 20-day moving average, which settled at $3.67. In addition, Eventbrite Inc saw -58.85% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at EB starting from Baker Charles, who sale 20,000 shares at the price of $3.55 back on Dec 13 ’24. After this action, Baker Charles now owns 617,487 shares of Eventbrite Inc, valued at $71,050 using the latest closing price.
CHARLES C BAKER, the Officer of Eventbrite Inc, proposed sale 20,000 shares at $3.55 during a trade that took place back on Dec 13 ’24, which means that CHARLES C BAKER is holding shares at $71,048 based on the most recent closing price.
Stock Fundamentals for EB
Current profitability levels for the company are sitting at:
- -0.09 for the present operating margin
- 0.69 for the gross margin
The net margin for Eventbrite Inc stands at -0.02. The total capital return value is set at -0.07. Equity return is now at value -4.53, with -0.91 for asset returns.
Based on Eventbrite Inc (EB), the company’s capital structure generated 0.57 points at debt to capital in total, while cash flow to debt ratio is standing at -0.01. The debt to equity ratio resting at 1.34. The interest coverage ratio of the stock is -2.92.
Currently, EBITDA for the company is 1.44 million with net debt to EBITDA at -14.78. When we switch over and look at the enterprise to sales, we see a ratio of 0.14. The receivables turnover for the company is 11.14for trailing twelve months and the total asset turnover is 0.41. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.55.
Conclusion
In conclusion, Eventbrite Inc (EB) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
