Vivid Seats (SEAT) to Release Quarterly Earnings on Wednesday

Vivid Seats (NASDAQ:SEAT) is expected to be announcing 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 that wish to listen to the company’s conference call can do so using this link.

Vivid Seats Stock Performance

Vivid Seats stock opened at $3.86 on Tuesday. The firm has a 50 day simple moving average of $4.41 and a 200-day simple moving average of $4.05. Vivid Seats has a 1-year low of $3.24 and a 1-year high of $6.09. The company has a debt-to-equity ratio of 1.17, a current ratio of 0.79 and a quick ratio of 0.74.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on SEAT shares. Royal Bank of Canada dropped their price target on shares of Vivid Seats from $7.00 to $6.00 and set a “sector perform” rating for the company in a research note on Monday, November 11th. Bank of America reissued a “buy” rating and issued a $6.25 price target on shares of Vivid Seats in a research note on Tuesday, December 31st. Three research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target 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.