STUB (NYSE:STUB) Shares Down 5.1% – Time to Sell?

STUB (NYSE:STUB)’s share price dropped 5.1% on Monday. The company traded as low as $5.83 and last traded at $5.8250. Approximately 1,694,671 shares traded hands during mid-day trading, a decline of 69% from the average session volume of 5,520,945 shares. The stock had previously closed at $6.14.

Trending Headlines about STUB

Here are the key news stories impacting STUB this week:

• Positive Sentiment: StubHub raised its full-year gross merchandise sales growth forecast to 11%–13%. Third-quarter sales and marketing costs also fell by 9 percentage points as a share of revenue, to 45%, signaling improved expense discipline. StubHub: 3 Key Takeaways for Long-Term Investors
• Neutral Sentiment: The company announced a CFO transition, with the succession effective January 2027. StubHub Announces Chief Financial Officer Transition
• Negative Sentiment: Third-quarter adjusted earnings were $0.05 per share, below the $0.11 analyst consensus. Revenue of $501.95 million also missed estimates of about $524 million, despite growing 7.2% year over year. The earnings shortfall is weighing on the shares even as the company raised its GMS outlook. StubHub falls on earnings miss despite raising GMS outlook

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. Evercore set a $14.00 target price on STUB in a research report on Thursday, August 13th. UBS Group set a $7.50 price target on STUB in a report on Thursday, August 13th. Weiss Ratings lowered STUB from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Friday, October 2nd. Mizuho set a $11.00 price target on STUB in a research note on Friday, August 14th. Finally, Oppenheimer dropped their price objective on STUB from $12.00 to $11.00 and set an “outperform” rating for the company in a report on Thursday, August 13th. Six analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $10.17.

STUB Stock Down 3.3%

The business’s fifty day moving average is $5.87 and its two-hundred day moving average is $8.25. The company has a market cap of $2.09 billion, a P/E ratio of -0.96, a price-to-earnings-growth ratio of 0.61 and a beta of 3.44. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.04 and a current ratio of 1.04.

STUB (NYSE:STUB) last released its quarterly earnings data on Tuesday, November 10th. The company reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by ($0.06). The company had revenue of $501.95 million during the quarter. STUB had a negative net margin of 93.54% and a negative return on equity of 9.50%. STUB’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same period last year, the business posted ($4.27) earnings per share. Equities analysts predict that STUB will post 0.35 EPS for the current year.

Insider Activity at STUB

In related news, insider Nayaab Islam sold 14,306 shares of the stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $6.20, for a total value of $88,697.20. Following the transaction, the insider owned 7,996,986 shares of the company’s stock, valued at $49,581,313.20. This represents a 0.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Mark Streams sold 135,589 shares of the stock in a transaction on Thursday, September 3rd. The stock was sold at an average price of $6.39, for a total value of $866,413.71. Following the transaction, the insider directly owned 1,225,976 shares in the company, valued at $7,833,986.64. The trade was a 9.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 991,338 shares of company stock valued at $6,692,030 in the last ninety days. Insiders own 30.97% of the company’s stock.

Hedge Funds Weigh In On STUB

A number of large investors have recently bought and sold shares of STUB. Meeder Asset Management Inc. bought a new position in shares of STUB in the 3rd quarter worth $33,000. Royce & Associates LP bought a new stake in STUB during the third quarter valued at about $144,000. Russell Investments Group Ltd. boosted its position in STUB by 80.1% during the third quarter. Russell Investments Group Ltd. now owns 32,163 shares of the company’s stock valued at $179,000 after purchasing an additional 14,301 shares in the last quarter. Joel Isaacson & Co. LLC boosted its position in STUB by 9.3% during the third quarter. Joel Isaacson & Co. LLC now owns 58,500 shares of the company’s stock valued at $326,000 after purchasing an additional 5,000 shares in the last quarter. Finally, Jefferies Financial Group Inc. purchased a new position in STUB in the third quarter valued at about $1,672,000.

STUB Company Profile

StubHub Holdings, Inc. operates online marketplaces that connect buyers and sellers of tickets to live events, including sports, concerts, theater productions and other entertainment. Its platforms allow customers to browse listings, compare ticket options and complete purchases, while sellers can list tickets for sale. The company operates StubHub and viagogo, serving customers in the United States and international markets. Its business grew from StubHub, founded in 2000, and viagogo, which acquired StubHub from eBay in 2020.