Eventbrite Class A Stock Buy Hold or Sell Recommendation
| EB Stock | USD 3.61 0.03 0.84% |
Allowing for the 90-day total investment horizon and your above-average risk tolerance, our recommendation regarding Eventbrite Class A is 'Hold'. Macroaxis provides Eventbrite buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding EB positions.
Check out Eventbrite Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as Eventbrite and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Eventbrite Class A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Eventbrite |
Execute Eventbrite Buy or Sell Advice
The Eventbrite recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Eventbrite Class A. Macroaxis does not own or have any residual interests in Eventbrite Class A or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Eventbrite's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Insignificant | Details | |
Volatility | Slightly risky | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | About Average | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Eventbrite Trading Alerts and Improvement Suggestions
| The company generated the yearly revenue of 326.13 M. Annual Net Loss to common stockholders was (26.48 M) with gross profit of 170.18 M. | |
| Over 84.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from finance.yahoo.com: Coupas new CFO eyes AIs market tailwinds |
Eventbrite Returns Distribution Density
The distribution of Eventbrite's historical returns is an attempt to chart the uncertainty of Eventbrite's future price movements. The chart of the probability distribution of Eventbrite daily returns describes the distribution of returns around its average expected value. We use Eventbrite Class A price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Eventbrite returns is essential to provide solid investment advice for Eventbrite.
| Mean Return | 0.15 | Value At Risk | -3.55 | Potential Upside | 4.74 | Standard Deviation | 2.93 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Eventbrite historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Eventbrite Stock Institutional Investors
| Shares | State Street Corp | 2024-06-30 | 1.7 M | D. E. Shaw & Co Lp | 2024-09-30 | 1.6 M | Millennium Management Llc | 2024-06-30 | 1.4 M | Whetstone Capital Advisors, Llc | 2024-09-30 | 1.4 M | Bank Of America Corp | 2024-06-30 | 1.1 M | Goldman Sachs Group Inc | 2024-06-30 | 1.1 M | Palogic Value Management Lp | 2024-09-30 | 1.1 M | Kent Lake Capital Llc | 2024-06-30 | 1000 K | Two Sigma Advisers, Llc | 2024-06-30 | 931.5 K | Edmond De Rothschild Holding S.a. | 2024-09-30 | 7.1 M | Blackrock Inc | 2024-06-30 | 6.7 M |
Eventbrite Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (8.4M) | (9.7M) | 30.9M | 4.5M | 5.2M | 5.5M | |
| Investments | (13.6M) | (12.7M) | (2.5M) | (89.5M) | (153.3M) | (145.7M) | |
| Change In Cash | (16.5M) | 85.5M | 127.7M | (96.0M) | (51.0M) | (48.4M) | |
| Net Borrowings | 704K | (74.1M) | 255.6M | 69.5M | 79.9M | 50.0M | |
| Free Cash Flow | 15.1M | (163.2M) | 76.5M | 4.2M | 11.8M | 12.4M | |
| Depreciation | 24.3M | 22.6M | 18.7M | 14.9M | 13.8M | 15.6M | |
| Other Non Cash Items | 29.3M | 129.0M | 5.3M | 18.6M | 10.4M | 9.9M | |
| Capital Expenditures | 13.6M | 6.3M | 2.5M | 4.5M | 7.2M | 6.4M | |
| Net Income | (68.8M) | (224.7M) | (139.1M) | (55.4M) | (26.5M) | (27.8M) | |
| End Period Cash Flow | 422.9M | 508.4M | 636.2M | 540.2M | 489.2M | 463.7M | |
| Change To Netincome | 47.1M | 80.4M | 105.4M | 68.7M | 79.0M | 58.6M |
Eventbrite Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Eventbrite or Interactive Media & Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Eventbrite's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Eventbrite stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | 0.97 | |
σ | Overall volatility | 2.93 | |
Ir | Information ratio | 0.01 |
Eventbrite Volatility Alert
Eventbrite Class A currently demonstrates below-average downside deviation. It has Information Ratio of 0.01 and Jensen Alpha of 0.02. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Eventbrite's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Eventbrite's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Eventbrite Fundamentals Vs Peers
Comparing Eventbrite's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Eventbrite's direct or indirect competition across all of the common fundamentals between Eventbrite and the related equities. This way, we can detect undervalued stocks with similar characteristics as Eventbrite or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Eventbrite's fundamental indicators could also be used in its relative valuation, which is a method of valuing Eventbrite by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Eventbrite to competition |
| Fundamentals | Eventbrite | Peer Average |
| Return On Equity | -0.0453 | -0.31 |
| Return On Asset | -0.0209 | -0.14 |
| Profit Margin | (0.02) % | (1.27) % |
| Operating Margin | (0.05) % | (5.51) % |
| Current Valuation | 37.48 M | 16.62 B |
| Shares Outstanding | 81.23 M | 571.82 M |
| Shares Owned By Insiders | 4.00 % | 10.09 % |
| Shares Owned By Institutions | 83.93 % | 39.21 % |
| Number Of Shares Shorted | 5.78 M | 4.71 M |
| Price To Earning | (14.55) X | 28.72 X |
| Price To Book | 1.94 X | 9.51 X |
| Price To Sales | 1.04 X | 11.42 X |
| Revenue | 326.13 M | 9.43 B |
| Gross Profit | 170.18 M | 27.38 B |
| EBITDA | 1.44 M | 3.9 B |
| Net Income | (26.48 M) | 570.98 M |
| Cash And Equivalents | 539.3 M | 2.7 B |
| Cash Per Share | 6.85 X | 5.01 X |
| Total Debt | 360.96 M | 5.32 B |
| Debt To Equity | 2.41 % | 48.70 % |
| Current Ratio | 1.73 X | 2.16 X |
| Book Value Per Share | 1.87 X | 1.93 K |
| Cash Flow From Operations | 19.02 M | 971.22 M |
| Short Ratio | 5.16 X | 4.00 X |
| Earnings Per Share | (0.08) X | 3.12 X |
| Price To Earnings To Growth | (0.21) X | 4.89 X |
| Target Price | 5.3 | |
| Number Of Employees | 866 | 18.84 K |
| Beta | 2.29 | -0.15 |
| Market Capitalization | 349.74 M | 19.03 B |
| Total Asset | 913.33 M | 29.47 B |
| Retained Earnings | (815.43 M) | 9.33 B |
| Working Capital | 354.24 M | 1.48 B |
Note: Insider Trading [view details]
Eventbrite Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Eventbrite . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Eventbrite Buy or Sell Advice
When is the right time to buy or sell Eventbrite Class A? Buying financial instruments such as Eventbrite Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Eventbrite in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Eventbrite Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is Interactive Media & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eventbrite. If investors know Eventbrite will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eventbrite listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.08) | Revenue Per Share 3.469 | Quarterly Revenue Growth (0.05) | Return On Assets (0.02) | Return On Equity (0.05) |
The market value of Eventbrite Class A is measured differently than its book value, which is the value of Eventbrite that is recorded on the company's balance sheet. Investors also form their own opinion of Eventbrite's value that differs from its market value or its book value, called intrinsic value, which is Eventbrite's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eventbrite's market value can be influenced by many factors that don't directly affect Eventbrite's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Eventbrite's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eventbrite is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eventbrite's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.