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

Taboola.com (NASDAQ:TBLA) is expected to be releasing its earnings data 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. Persons interested in participating in the company’s earnings conference call can do so using this link.

Taboola.com Stock Performance

NASDAQ TBLA opened at $3.71 on Monday. Taboola.com has a 1-year low of $2.87 and a 1-year high of $4.96. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 1.31. The company has a market cap of $1.08 billion, a PE ratio of -37.10 and a beta of 1.27. The stock’s 50 day simple moving average is $3.77 and its 200-day simple moving average is $3.54.

Analyst Upgrades and Downgrades

Several research firms recently commented on TBLA. JMP Securities cut their price target on Taboola.com from $6.00 to $5.00 and set a “market outperform” rating for the company in a report on Monday, January 27th. Needham & Company LLC reaffirmed a “buy” rating and issued a $5.00 price target on shares of Taboola.com in a report on Friday, January 17th. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat, Taboola.com presently 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.