Taboola.com (TBLA) Scheduled to Post Quarterly Earnings on Thursday

Taboola.com (NASDAQ:TBLA) will issue its quarterly earnings data before the market opens on Thursday, November 7th. Analysts expect the company to announce earnings of $0.02 per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Taboola.com (NASDAQ:TBLA) last announced its quarterly earnings data on Wednesday, August 7th. The company reported ($0.01) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.04. The firm had revenue of $428.00 million during the quarter, compared to analyst estimates of $428.67 million. Taboola.com had a negative net margin of 3.07% and a negative return on equity of 1.57%. The business’s quarterly revenue was up 28.9% on a year-over-year basis. During the same period in the previous year, the business posted ($0.05) EPS. On average, analysts expect Taboola.com to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Taboola.com Trading Up 0.3 %

Shares of TBLA opened at $3.28 on Wednesday. The firm has a market cap of $956.02 million, a price-to-earnings ratio of -21.87 and a beta of 1.28. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.31 and a current ratio of 1.31. Taboola.com has a fifty-two week low of $2.87 and a fifty-two week high of $5.00. The firm has a 50 day moving average price of $3.37 and a 200-day moving average price of $3.57.

Insider Activity at Taboola.com

In related news, Director Lynda M. Clarizio sold 29,606 shares of the company’s stock in a transaction on Thursday, August 29th. The shares were sold at an average price of $3.61, for a total transaction of $106,877.66. Following the completion of the sale, the director now directly owns 176,158 shares in the company, valued at $635,930.38. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 22.40% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the stock. Benchmark restated a “buy” rating and issued a $5.00 price objective on shares of Taboola.com in a report on Monday, October 7th. Needham & Company LLC restated a “buy” rating and issued a $5.00 price objective on shares of Taboola.com in a report on Wednesday, October 16th. Four research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Taboola.com currently has a consensus rating of “Buy” and an average target price of $5.31.

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.