Taboola.com (TBLA) Expected to Announce Earnings on Wednesday

Taboola.com (NASDAQ:TBLA) is projected to post its quarterly earnings results before the market opens on Wednesday, February 26th. Analysts expect Taboola.com to post earnings of $0.11 per share and revenue of $476.82 million for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

Taboola.com Stock Down 0.8 %

Taboola.com stock opened at $3.71 on Monday. The firm has a market cap of $1.08 billion, a price-to-earnings ratio of -37.10 and a beta of 1.27. Taboola.com has a 52 week low of $2.87 and a 52 week high of $4.96. The business’s 50-day moving average price is $3.77 and its 200 day moving average price is $3.54. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 0.14.

Analysts Set New Price Targets

Several analysts recently commented on the company. JMP Securities dropped their target price on Taboola.com from $6.00 to $5.00 and set a “market outperform” rating on the stock in a report on Monday, January 27th. Needham & Company LLC reiterated a “buy” rating and set a $5.00 price target on shares of Taboola.com in a research report on Friday, January 17th. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $5.25.

About Taboola.com

Taboola.com Ltd., together with its subsidiaries, operates an artificial intelligence-based algorithmic engine platform in Israel, the United States, the United Kingdom, Germany, and internationally. It offers Taboola, a platform that partners with websites, devices, and mobile apps to recommend editorial content and advertisements on the open web to users.