Taboola.com Ltd. (TBLA) Stock Declines While Market Improves: Some Information for Investors

From Nasdaq:

Taboola.com Ltd. (TBLA) closed at $4.16, a -1.42% move from the prior day. The stock climbed by 10.76% in the past month, exceeding the Computer and Technology sector’s gain of 2.68% and the S&P 500’s gain of 3.52%. On that day, TBLA is projected to report earnings of $0.02 per share, which would represent a year-over-year decline of 87.5%.

Zacks Consensus EPS estimate remained unchanged in the past month. The company boasts a Zacks Rank of #3 (Hold), and a Forward P/E ratio of 12.79, indicating a discount compared to the average Forward P/E of 26.65 for its industry.

The Computers – IT Services industry carries a Zacks Industry Rank of 49, placing it within the top 20% of over 250 industries. The Zacks Industry Rank gauges industry groups’ strength by measuring the average Zacks Rank of individual stocks within the groups.

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