TubeMogul (TUBE) Posts Quarterly Results
TubeMogul (NASDAQ:TUBE) released its earnings data on Tuesday. The company reported $0.01 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.15) by $0.16, Analyst Ratings.Net reports. The company had revenue of $28.70 million for the quarter, compared to the consensus estimate of $24.68 million. The company’s revenue for the quarter was up 133.3% on a year-over-year basis.
A number of analysts have recently weighed in on TUBE shares. Analysts at Bank of America initiated coverage on shares of TubeMogul in a research note on Tuesday, August 12th. They set a “buy” rating on the stock. On a related note, analysts at Citigroup Inc. initiated coverage on shares of TubeMogul in a research note on Tuesday, August 12th. They set a “buy” rating on the stock. Finally, analysts at BMO Capital Markets initiated coverage on shares of TubeMogul in a research note on Tuesday, August 12th. They set a “market perform” rating and a $10.00 price target on the stock. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $11.67.
Shares of TubeMogul (NASDAQ:TUBE) traded down 0.22% during mid-day trading on Tuesday, hitting $9.22. 168,124 shares of the company’s stock traded hands. TubeMogul has a 52 week low of $8.15 and a 52 week high of $11.94. The stock’s 50-day moving average is $9.51 and its 200-day moving average is $9.51. The company’s market cap is $264.5 million.
TubeMogul, Inc is an enterprise software company for digital branding. The Company customers primarily include brands, which generally refer to companies, or product lines within companies, that control advertising budgets for a single marketing brand or a group of marketing brands, and the advertising agencies that serve the Company.
Receive News & Ratings for TubeMogul Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TubeMogul Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.