STUB (NYSE:STUB) Hits New 12-Month Low on Disappointing Earnings

STUB (NYSE:STUB) reached a new 52-week low on Thursday following a weaker than expected earnings announcement. The stock traded as low as $8.06 and last traded at $8.88, with a volume of 5977318 shares trading hands. The stock had previously closed at $10.17.

The company reported ($1.56) EPS for the quarter, missing analysts’ consensus estimates of ($0.01) by ($1.55). The business had revenue of $449.17 million for the quarter. The company’s quarterly revenue was down 15.8% compared to the same quarter last year.

Key STUB News

Here are the key news stories impacting STUB this week:

• Positive Sentiment: Balance-sheet and institutional support: cash & equivalents rose to about $1.24B (up ~24% YoY) and several large institutional investors added shares in Q4 — positives for liquidity and potential long-term holder support. Quiver Quant: STUB Q4 coverage
• Neutral Sentiment: Analyst ratings held but targets cut: Wedbush and JPMorgan reaffirmed neutral/overweight-style stances but trimmed price targets to $10 (from $18 and $22), which reduces upside expectations even as coverage remains. Benzinga: Analysts cut forecasts
• Negative Sentiment: Big Q4 miss and GAAP loss: reported EPS of -$1.56 vs. consensus around -$0.01 and revenue $449.2M (down ~15.8% YoY and below estimates). The quarter included a roughly $493M nonrecurring tax provision that drove a large headline loss, damaging near‑term sentiment. MarketBeat: STUB earnings report
• Negative Sentiment: Analysts and forecasts turned more cautious: several firms trimmed estimates and targets after the Q4 results, amplifying downside pressure as sell‑side expectations fall. Benzinga: Analysts cut forecasts
• Negative Sentiment: Market reaction and technical pressure: heavy put buying was observed and the stock extended to record lows as sellers dominated after the print. Schaeffers: STUB hits record lows
• Negative Sentiment: Operating cash flow and profitability signals weakened: cash from operations fell sharply year-over-year and operating loss widened, raising concerns about near-term free cash flow generation. Quiver Quant: Financials detail

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on STUB. Citigroup upgraded STUB from a “sell” rating to a “neutral” rating in a report on Wednesday, February 18th. Guggenheim reaffirmed a “buy” rating on shares of STUB in a research report on Tuesday, February 24th. Wedbush reiterated a “neutral” rating and set a $10.00 target price (down from $18.00) on shares of STUB in a research report on Thursday. JPMorgan Chase & Co. restated a “neutral” rating and issued a $10.00 price target (down from $22.00) on shares of STUB in a report on Thursday. Finally, Craig Hallum began coverage on shares of STUB in a research report on Thursday, January 29th. They set a “hold” rating and a $12.00 price objective on the stock. One analyst has rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $11.25.

Institutional Trading of STUB

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in STUB. Index Venture Associates III Ltd bought a new stake in STUB during the fourth quarter worth $85,192,000. Norges Bank bought a new stake in shares of STUB in the 4th quarter worth $23,678,000. Capital Research Global Investors bought a new stake in shares of STUB in the 4th quarter worth $106,887,000. Capital International Investors purchased a new stake in shares of STUB in the fourth quarter valued at about $55,235,000. Finally, Intellectus Partners LLC bought a new position in shares of STUB during the fourth quarter valued at about $467,000.

STUB Trading Down 12.9%

The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.14 and a current ratio of 1.14. The firm has a market capitalization of $3.26 billion and a price-to-earnings ratio of -14.77.

About STUB

Stubhub Holdings Inc, through its subsidiaries, provides an online marketplace to buy and sell tickets for sports, concerts, theater, festivals and other live events. Stubhub Holdings Inc is based in NEW YORK.