STUB (NYSE:STUB) Sets New 1-Year Low on Disappointing Earnings

STUB (NYSE:STUB) shares hit a new 52-week low during trading on Thursday after the company announced weaker than expected quarterly earnings. The company 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) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($1.55). The company had revenue of $449.17 million for the quarter. The company’s revenue for the quarter was down 15.8% on a year-over-year basis.

Trending Headlines about STUB

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

Analysts Set New Price Targets

STUB has been the topic of several research analyst reports. Wall Street Zen lowered STUB from a “hold” rating to a “sell” rating in a research note on Saturday, February 21st. Craig Hallum started coverage on shares of STUB in a research report on Thursday, January 29th. They set a “hold” rating and a $12.00 price objective for the company. Citigroup upgraded shares of STUB from a “sell” rating to a “neutral” rating in a research report on Wednesday, February 18th. Weiss Ratings started coverage on shares of STUB in a research note on Wednesday, January 14th. They set a “sell (d-)” rating on the stock. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating and set a $10.00 price target (down from $22.00) on shares of STUB in a report on Thursday. One equities research analyst has rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $11.25.

Institutional Trading of STUB

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Garner Asset Management Corp bought a new position in STUB during the 4th quarter worth $92,000. The Manufacturers Life Insurance Company bought a new position in shares of STUB during the fourth quarter worth about $143,000. International Assets Investment Management LLC acquired a new position in shares of STUB in the fourth quarter worth approximately $149,000. Cerity Partners LLC bought a new stake in STUB in the fourth quarter valued at approximately $150,000. Finally, Engineers Gate Manager LP bought a new stake in STUB in the fourth quarter valued at approximately $161,000.

STUB Trading Down 12.9%

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

STUB Company Profile

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.