Taboola.com Ltd. (NASDAQ:TBLA) Receives Consensus Recommendation of "Moderate Buy" from Analysts

Key Points

• Analysts give Taboola.com a consensus rating of "Moderate Buy" from seven brokerages (1 strong buy, 4 buy, 2 hold) with an average 12‑month price target of $5.00.
• The most recent quarter missed expectations: EPS $0.17 vs. $0.18 consensus and revenue $522.31M vs. $537.80M consensus, although revenue was up 6.4% year‑over‑year.
• Shares trade around $3.85 with a 52‑week range of $2.84–$4.65, a market capitalization of about $940.67M, a P/E of 25.67, and roughly 42.9% institutional ownership after several funds increased positions.

Shares of Taboola.com Ltd. (NASDAQ:TBLA - Get Free Report) have been given an average rating of "Moderate Buy" by the seven brokerages that are currently covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a hold recommendation, four have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $5.00.

A number of equities analysts have commented on the company. Wall Street Zen lowered Taboola.com from a "strong-buy" rating to a "buy" rating in a research note on Saturday, February 28th. Rosenblatt Securities upped their price target on Taboola.com from $6.00 to $7.00 and gave the company a "buy" rating in a research note on Thursday, February 26th. Weiss Ratings reissued a "hold (c)" rating on shares of Taboola.com in a research note on Tuesday, April 21st. Zacks Research raised Taboola.com from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, March 3rd. Finally, Needham & Company LLC restated a "buy" rating and issued a $4.50 price target on shares of Taboola.com in a report on Wednesday, February 25th.

Taboola.com Stock Performance

Shares of NASDAQ:TBLA opened at $3.85 on Tuesday. The business's fifty day moving average price is $3.30 and its two-hundred day moving average price is $3.69. Taboola.com has a fifty-two week low of $2.84 and a fifty-two week high of $4.65. The stock has a market capitalization of $940.67 million, a price-to-earnings ratio of 25.67 and a beta of 1.34. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.07 and a quick ratio of 1.07.

Taboola.com (NASDAQ:TBLA - Get Free Report) last announced its quarterly earnings results on Thursday, February 26th. The company reported $0.17 earnings per share for the quarter, missing analysts' consensus estimates of $0.18 by ($0.01). Taboola.com had a net margin of 2.21% and a return on equity of 11.97%. The company had revenue of $522.31 million during the quarter, compared to the consensus estimate of $537.80 million. During the same quarter last year, the company earned $0.10 earnings per share. The business's revenue was up 6.4% on a year-over-year basis. As a group, analysts predict that Taboola.com will post 0.34 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. LSV Asset Management grew its holdings in shares of Taboola.com by 31.5% during the fourth quarter. LSV Asset Management now owns 2,608,389 shares of the company's stock worth $12,025,000 after buying an additional 624,831 shares in the last quarter. Bridgeway Capital Management LLC boosted its stake in shares of Taboola.com by 6.9% during the 3rd quarter. Bridgeway Capital Management LLC now owns 2,289,068 shares of the company's stock worth $7,806,000 after acquiring an additional 147,920 shares during the period. Bank of America Corp DE boosted its stake in shares of Taboola.com by 8.2% during the 3rd quarter. Bank of America Corp DE now owns 2,149,621 shares of the company's stock worth $7,330,000 after acquiring an additional 163,605 shares during the period. Two Sigma Investments LP boosted its stake in shares of Taboola.com by 114.6% during the 3rd quarter. Two Sigma Investments LP now owns 2,005,558 shares of the company's stock worth $6,839,000 after acquiring an additional 1,070,864 shares during the period. Finally, Globeflex Capital L P boosted its stake in shares of Taboola.com by 65.0% during the 4th quarter. Globeflex Capital L P now owns 1,638,910 shares of the company's stock worth $7,555,000 after acquiring an additional 645,755 shares during the period. 42.89% of the stock is currently owned by institutional investors.

Taboola.com Company Profile

Taboola.com NASDAQ: TBLA operates a leading content discovery platform that connects advertisers with premium publishers through native advertising and personalized recommendations. The company’s technology analyzes user behavior and contextual information to deliver promoted content, video, and product recommendations to audiences across a network of thousands of websites and mobile apps. By leveraging machine learning and big data, Taboola helps publishers generate incremental revenue while enabling advertisers to reach engaged users at scale.

Taboola’s suite of products includes feed placements, video recommendations, and sponsored content units designed to blend seamlessly with editorial pages.

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