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

Taboola.com (NASDAQ:TBLA - Get Free Report) is expected to be posting its quarterly earnings results 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. Individual interested in registering for the company's earnings conference call can do so using this link.

Taboola.com Trading Down 0.8 %

Shares of NASDAQ TBLA traded down $0.03 during midday trading on Friday, hitting $3.71. The company's stock had a trading volume of 764,359 shares, compared to its average volume of 659,761. 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 $3.77 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 firm has a market cap of $1.08 billion, a P/E ratio of -37.10 and a beta of 1.27.

Wall Street Analyst Weigh In

Several research firms have commented on TBLA. JMP Securities reduced their price objective on Taboola.com from $6.00 to $5.00 and set a "market outperform" rating on the stock in a report on Monday, January 27th. Needham & Company LLC restated a "buy" rating and set a $5.00 price objective on shares of Taboola.com in a report on Friday, January 17th. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company currently has a consensus 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.