Vivid Seats (SEAT) to Release Quarterly Earnings on Wednesday

Vivid Seats (NASDAQ:SEAT) is anticipated to announce its earnings results before the market opens on Wednesday, March 12th. Analysts expect the company to announce earnings of $0.06 per share and revenue of $194.19 million for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

Vivid Seats Stock Down 3.0 %

Vivid Seats stock opened at $3.86 on Tuesday. Vivid Seats has a 52-week low of $3.24 and a 52-week high of $6.09. The company has a current ratio of 0.79, a quick ratio of 0.74 and a debt-to-equity ratio of 1.17. The company’s 50 day moving average is $4.41 and its two-hundred day moving average is $4.05.

Analyst Ratings Changes

A number of equities research analysts have issued reports on SEAT shares. Bank of America reiterated a “buy” rating and set a $6.25 target price on shares of Vivid Seats in a report on Tuesday, December 31st. Royal Bank of Canada reduced their target price on shares of Vivid Seats from $7.00 to $6.00 and set a “sector perform” rating on the stock in a report on Monday, November 11th. Three investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $6.63.

Vivid Seats Company Profile

Vivid Seats Inc operates an online ticket marketplace in the United States, Canada, and Japan. The company operates in two segments, Marketplace and Resale. The Marketplace segment acts as an intermediary between event ticket buyers and sellers; processes ticket sales on its website and mobile applications through its distribution partners; and sells tickets for sports, concerts, theater events, and other live events.