Taboola.com (NASDAQ:TBLA – Get Free Report) announced its quarterly earnings data on Wednesday. The company reported $0.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.01), Zacks reports. Taboola.com had a negative net margin of 1.96% and a negative return on equity of 1.68%. Taboola.com updated its FY 2025 guidance to EPS and its Q1 2025 guidance to EPS.
Taboola.com Trading Down 16.4 %
Shares of TBLA traded down $0.61 during trading hours on Wednesday, hitting $3.10. The stock had a trading volume of 7,806,378 shares, compared to its average volume of 934,509. 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 firm has a market cap of $903.73 million, a P/E ratio of -30.95 and a beta of 1.27. The company’s fifty day simple moving average is $3.75 and its 200 day simple moving average is $3.55. Taboola.com has a 12-month low of $2.87 and a 12-month high of $4.96.
Wall Street Analysts Forecast Growth
Several equities research analysts recently commented on TBLA shares. Oppenheimer reiterated a “market perform” rating on shares of Taboola.com in a report on Wednesday. Needham & Company LLC reissued a “buy” rating and set a $5.00 price objective on shares of Taboola.com in a research note on Friday, January 17th. JMP Securities decreased their price objective on shares of Taboola.com from $6.00 to $5.00 and set a “market outperform” rating for the company in a report on Monday, January 27th. Finally, Benchmark restated a “buy” rating and set a $5.00 price objective on shares of Taboola.com in a research note on Tuesday. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, Taboola.com has a consensus rating of “Moderate Buy” and an average 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.
Further Reading
- Five stocks we like better than Taboola.com
- Investing in Construction Stocks
- Buffett’s on the Sidelines – Should You Follow?
- Procter & Gamble (NYSE:PG) Pulls Back After Shaky Guidance
- AST SpaceMobile Stock Surges 17% After Analyst Upgrade
- How is Compound Interest Calculated?
- 3 Stocks With Triple-Digit PEs That Are Still Worth a Look
Receive News & Ratings for Taboola.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Taboola.com and related companies with MarketBeat.com's FREE daily email newsletter.