Stocks of Etsy Inc (NASDAQ:ETSY) traded higher last session on Wall Street, up 3.89% to $50.42.
ETSY stock price is now -0.36% away from the 50-day moving average and -6.68% away from the 200-day moving average. The market capitalization of the company currently stands at $5.40B.
With the price target of $50, JP Morgan recently initiated with Neutral rating for Etsy Inc (NASDAQ: ETSY). On January 13, 2025, Jefferies Upgraded its previous ‘Underperform’ rating to ‘Hold’ on the stock increasing its target price from $45 to quote $55, while ‘Needham’ rates the stock as ‘Buy’
In other news, Daniel Nicholas, Officer bought 1,500 shares of the company’s stock on Apr 01 ’25. The stock was bought for $70,665 at an average price of $47.11. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 01 ’25, Officer Silverman Josh bought 21,666 shares of the business’s stock. A total of $1,020,685 was incurred on buying the stock at an average price of $47.11. A total of 1.10% of the company’s stock is owned by insiders.
During the past 12 months, Etsy Inc has had a low of $43.43 and a high of $71.72. According to the stock market information, the enterprise value for the company is $6590882816, which is based on a 21.26 price-to-earnings ratio, a 1.65 price-to-earnings-growth ratio, and a beta of 1.77. The fifty day moving average price for ETSY is $50.6002 and a two-hundred day moving average price translates $54.030827 for the stock.
The latest earnings results from Etsy Inc (NASDAQ: ETSY) was released for 2024-12-31. The company reported revenue of $852.16 million for the quarter, compared to $842.32 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 1.17 percent.
