The stock of eBay Inc. (NASDAQ:EBAY) last traded at $43.04, up 2.33% from the previous session.
As we calculate the median target price by taking the range between a high of $58.00 and a low of $33.00, we find $48.00. Given the previous closing price of $42.06, this indicates a potential upside of 14.12 percent. EBAY stock price is now -7.38% away from the 50-day moving average and -2.21% away from the 200-day moving average. The market capitalization of the company currently stands at $22.77B.
25-cent Stock Takes $11T Commodities Sector Digital
One brilliantly-run technology firm has successfully partnered with some of the largest players in the industry to bring a first-of-its-kind digital solution to the global commodities supply chain sector. Best of all, this upstart technology firm is currently trading undiscovered — below 25-cents per share — so very, very few investors know about it yet! For investors… it's an early-stage opportunity in a company that's bringing the US$11T global commodities sector straight into the 21st century.
All the details are in the FREE online report you can get here.
Sponsored
Brokers who have rated the stock have averaged $47.96 as their price target over the next twelve months.
With the price target of $47, Citigroup recently initiated with Neutral rating for eBay Inc. (NASDAQ: EBAY). On November 15, 2022, MoffettNathanson recently initiated its ‘Market Perform’ rating on the stock quoting a target price of $44, while ‘Needham’ rates the stock as ‘Hold’.
In other news, SWAN ROBERT HOLMES, Director sold 20,000 shares of the company’s stock on Feb 01. The stock was sold for $1,000,000 at an average price of $50.00. Upon completion of the transaction, the Director now directly owns 136,632 shares in the company, valued at $5.88 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 10, VP, Chief Accounting Officer Doerger Brian J. sold 9,542 shares of the business’s stock. A total of $420,983 was realized by selling the stock at an average price of $44.12. Insiders disposed of 289,384 shares of company stock worth roughly $12.46 million over the past 1 year. A total of 0.10% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in EBAY stock. A new stake in eBay Inc. shares was purchased by WOODLINE PARTNERS LP during the first quarter worth $43,463,000. TWO SIGMA INVESTMENTS, LP invested $37,539,000 in shares of EBAY during the first quarter. In the first quarter, TRIODOS INVESTMENT MANAGEMENT BV acquired a new stake in eBay Inc. valued at approximately $21,219,000. KINNEY ASSET MANAGEMENT, LLC acquired a new stake in EBAY for approximately $16,269,000. HRT FINANCIAL LP purchased a new stake in EBAY valued at around $14,054,000 in the second quarter. In total, there are 1,339 active investors with 90.00% ownership of the company’s stock.
With an opening price of $42.10 on Monday morning, eBay Inc. (NASDAQ: EBAY) set off the trading day. During the past 12 months, eBay Inc. has had a low of $35.92 and a high of $60.38. As of last week, the company has a debt-to-equity ratio of 1.72, a current ratio of 2.20, and a quick ratio of 2.20. The fifty day moving average price for EBAY is $46.47 and a two-hundred day moving average price translates $43.99 for the stock.
The latest earnings results from eBay Inc. (NASDAQ: EBAY) was released for Sep, 2022. According to the Internet Retail Company, earnings per share came in at $1, beating analysts’ expectations of $0.93 by 0.07. This compares to $4.84 EPS in the same period last year. The net profit margin was -13.00% and return on equity was -22.80% for EBAY. The company reported revenue of $2.51 billion for the quarter, compared to $2.61 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -3.94 percent. For the current quarter, analysts expect EBAY to generate $2.46B in revenue.
Moreover, the firm recently paid out its quarterly dividend on 03/24/2023. Investors who held shares on 03/10/2023 were paid a $0.25 dividend. On an annualized basis, this represents a $1.00 dividend and a 2.32% percent yield. There was an ex-dividend date of 03/09/2023 for this dividend.
eBay Inc.(EBAY) Company Profile
eBay Inc. operates marketplace platforms that connect buyers and sellers in the United States and internationally. The company’s Marketplace platform includes its online marketplace at ebay.com and the eBay suite of mobile apps. Its platforms enable users to list, buy, sell, and pay for items through various online, mobile, and offline channels that include retailers, distributors, liquidators, import and export companies, auctioneers, catalog and mail-order companies, directories, search engines, commerce participants, shopping channels, and networks. The company was founded in 1995 and is headquartered in San Jose, California.
