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

Taboola.com (NASDAQ:TBLA) is projected to release 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 that wish to listen to the company’s earnings conference call can do so using this link.

Taboola.com Trading Down 1.9 %

Shares of TBLA opened at $3.64 on Tuesday. The stock has a fifty day moving average price of $3.76 and a two-hundred day moving average price of $3.55. 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 52-week low of $2.87 and a 52-week high of $4.96. The company has a market cap of $1.06 billion, a price-to-earnings ratio of -36.40 and a beta of 1.27.

Wall Street Analyst Weigh In

TBLA has been the subject of several research analyst reports. Needham & Company LLC reiterated a “buy” rating and issued a $5.00 price objective 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 for the company in a research report on Monday, January 27th. Five analysts have rated the stock with a buy rating, According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price 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.