Vivid Seats (SEAT) Scheduled to Post Quarterly Earnings on Tuesday

Vivid Seats (NASDAQ:SEAT) is scheduled to release its earnings data before the market opens on Tuesday, May 7th. Analysts expect Vivid Seats to post earnings of $0.05 per share for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

Vivid Seats Stock Performance

SEAT opened at $5.49 on Friday. The firm has a market cap of $1.15 billion, a P/E ratio of 9.98, a price-to-earnings-growth ratio of 2.63 and a beta of 1.23. The business’s fifty day moving average is $5.72 and its 200-day moving average is $6.24. Vivid Seats has a 52-week low of $5.11 and a 52-week high of $9.89. The company has a debt-to-equity ratio of 2.52, a quick ratio of 0.46 and a current ratio of 0.50.

Analyst Ratings Changes

SEAT has been the topic of several recent analyst reports. Benchmark reissued a “buy” rating and issued a $15.00 target price on shares of Vivid Seats in a report on Wednesday. Royal Bank of Canada lowered their price objective on shares of Vivid Seats from $10.00 to $8.00 and set a “sector perform” rating for the company in a research report on Wednesday, March 6th. Craig Hallum started coverage on Vivid Seats in a report on Friday, February 9th. They issued a “buy” rating and a $10.00 target price on the stock. Finally, Maxim Group began coverage on Vivid Seats in a report on Wednesday, April 17th. They set a “buy” rating and a $7.00 price target for the company. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, Vivid Seats has a consensus rating of “Moderate Buy” and a consensus price target of $9.94.

About Vivid Seats

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.