Stocks of EBay Inc. (NASDAQ:EBAY) traded higher last session on Wall Street, down -0.02% to $41.47.
According to the data, EBay Inc. (NASDAQ:EBAY) has 29 analysts covering its stock. 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 $41.48, this indicates a potential upside of 8.49 percent. EBAY stock price is now 0.77% away from the 50-day moving average and -4.87% away from the 200-day moving average. The market capitalization of the company currently stands at $21.52B.
A total of 18 analysts have issued 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 508,205 shares of company stock worth roughly $21.08 million over the past 1 year. A total of 0.29% of the company’s stock is owned by insiders.
Wednesday’s opening bell rang with an opening price of $41.72 for EBay Inc. (NASDAQ: EBAY). 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 1.34. The fifty day moving average price for EBAY is $41.15 and a two-hundred day moving average price translates $43.59 for the stock.
The latest earnings results from EBay Inc. (NASDAQ: EBAY) was released for Sep, 2023. According to the Internet Retail Company, earnings per share came in at $0.95, beating analysts’ expectations of $0.92 by 0.03. This compares to -$0.13 EPS in the same period last year. 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. For the current quarter, analysts expect EBAY to generate $2.51B in revenue.
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, and sell various products. The company was founded in 1995 and is headquartered in San Jose, California.
