The stock of EBay Inc. (NASDAQ:EBAY) last traded at $41.43, down -0.50% from the previous session.
Data from the available sources indicates that EBay Inc. (NASDAQ:EBAY) is covered by 29 analysts. The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $56.00 and a low of $32.00, we find $45.00. Given the previous closing price of $41.64, this indicates a potential upside of 8.07 percent. EBAY stock price is now -0.32% away from the 50-day moving average and -5.60% away from the 200-day moving average. The market capitalization of the company currently stands at $21.50B.
In total, 18 analysts have assigned it a hold rating, and 5 have given it a buy rating. Brokers who have rated the stock have averaged $45.15 as their price target over the next twelve months.
With the price target of $46, Stifel recently initiated with Hold rating for EBay Inc. (NASDAQ: EBAY).
In other news, Garcia Edward O, SVP, Chief Product Officer sold 1,191 shares of the company’s stock on Nov 17. The stock was sold for $48,236 at an average price of $40.50. Upon completion of the transaction, the SVP, Chief Product Officer now directly owns 26,842 shares in the company, valued at $1.11 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 19, SVP, Chief People Officer Boone Cornelius sold 4,891 shares of the business’s stock. A total of $213,394 was realized by selling the stock at an average price of $43.63. This leaves the insider owning 49,845 shares of the company worth $2.07 million. Insiders disposed of 497,960 shares of company stock worth roughly $20.63 million over the past 1 year. A total of 0.29% of the company’s stock is owned by insiders.
With an opening price of $41.67 on Friday morning, EBay Inc. (NASDAQ: EBAY) set off the trading day. During the past 12 months, EBay Inc. has had a low of $37.17 and a high of $52.23. As of last week, the company has a debt-to-equity ratio of 1.39, a current ratio of 2.16, and a quick ratio of 2.16. According to the stock market information, the enterprise value for the company is $21.03B, which is based on a 8.20 price-to-earnings ratio, a 1.18 price-to-earnings-growth ratio, and a beta of 1.31. The fifty day moving average price for EBAY is $41.51 and a two-hundred day moving average price translates $43.85 for the stock.
The latest earnings results from EBay Inc. (NASDAQ: EBAY) was released for Sep, 2023. The net profit margin was 27.35% and return on equity was 50.56% for EBAY. The company reported revenue of $2.5 billion for the quarter, compared to $2.38 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 5.04 percent.
