Taboola.com (TBLA) to Release Quarterly Earnings on Wednesday

Taboola.com (NASDAQ:TBLA) is projected 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 Down 1.9 %

Shares of TBLA stock opened at $3.64 on Tuesday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.31 and a current ratio of 1.31. The stock’s 50 day simple moving average is $3.76 and its 200 day simple moving average is $3.55. The company has a market capitalization of $1.06 billion, a price-to-earnings ratio of -36.40 and a beta of 1.27. Taboola.com has a twelve month low of $2.87 and a twelve month high of $4.96.

Wall Street Analysts Forecast Growth

Several research analysts have commented on TBLA shares. Needham & Company LLC reaffirmed a “buy” rating and issued a $5.00 price target on shares of Taboola.com in a research report on Friday, January 17th. JMP Securities dropped their price target 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 research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company presently 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.