Taboola.com (TBLA) to Release Earnings on Wednesday

Taboola.com (NASDAQ:TBLA) is expected to issue its quarterly earnings data before the market opens on Wednesday, February 26th. Analysts expect the company to announce earnings of $0.11 per share and revenue of $476.82 million for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Taboola.com Stock Performance

NASDAQ TBLA opened at $3.90 on Wednesday. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 0.14. The business’s 50 day moving average is $3.79 and its two-hundred day moving average is $3.53. Taboola.com has a 12-month low of $2.87 and a 12-month high of $4.96. The stock has a market capitalization of $1.14 billion, a price-to-earnings ratio of -39.00 and a beta of 1.27.

Analyst Upgrades and Downgrades

TBLA has been the topic of several recent analyst reports. Needham & Company LLC reiterated a “buy” rating and set a $5.00 target price on shares of Taboola.com in a research report on Friday, January 17th. 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 research report on Monday, January 27th. Five investment analysts have rated the stock with a buy rating, According to MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $5.25.

Taboola.com Company Profile

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.