eBay Inc. (NASDAQ:EBAY) has received a consensus rating of â€œHoldâ€ from the twenty-nine ratings firms that are covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, fifteen have issued a hold recommendation and ten have given a buy recommendation to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $60.46.
Several equities analysts have recently weighed in on the stock. Mizuho lifted their target price on shares of eBay from $52.00 to $55.00 and gave the company a â€œneutralâ€ rating in a report on Friday, October 9th. BMO Capital Markets upped their target price on shares of eBay from $59.00 to $61.00 and gave the stock a â€œmarket performâ€ rating in a report on Wednesday, October 21st. Benchmark boosted their price target on shares of eBay from $70.00 to $75.00 and gave the company a â€œbuyâ€ rating in a research report on Thursday, October 29th. ValuEngine lowered shares of eBay from a â€œholdâ€ rating to a â€œsellâ€ rating in a research note on Thursday, November 5th. Finally, Morgan Stanley cut their price target on shares of eBay from $62.00 to $57.00 and set an â€œequal weightâ€ rating on the stock in a research note on Thursday, October 29th.
Shares of eBay stock traded up $0.53 on Tuesday, reaching $52.03. 9,999,793 shares of the company were exchanged, compared to its average volume of 8,921,646. eBay has a 1-year low of $26.02 and a 1-year high of $61.06. The company has a market cap of $35.87 billion, a P/E ratio of 7.20, a price-to-earnings-growth ratio of 1.33 and a beta of 1.26. The company has a debt-to-equity ratio of 2.65, a current ratio of 1.75 and a quick ratio of 1.75. The stockâ€™s 50 day moving average price is $50.37 and its 200-day moving average price is $52.75.
eBay (NASDAQ:EBAY) last announced its quarterly earnings results on Wednesday, October 28th. The e-commerce company reported $0.85 earnings per share (EPS) for the quarter, beating the Zacksâ€™ consensus estimate of $0.72 by $0.13. eBay had a return on equity of 82.73% and a net margin of 50.42%. The firm had revenue of $2.61 billion during the quarter, compared to the consensus estimate of $2.48 billion. During the same period in the prior year, the company posted $0.67 earnings per share. On average, research analysts predict that eBay will post 2.89 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Friday, December 18th. Investors of record on Tuesday, December 1st were given a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a yield of 1.23%. The ex-dividend date was Monday, November 30th. eBayâ€™s dividend payout ratio (DPR) is presently 27.59%.
In other eBay news, SVP Wendy Elizabeth Jones sold 5,435 shares of the stock in a transaction on Thursday, October 29th. The stock was sold at an average price of $49.08, for a total value of $266,749.80. Following the transaction, the senior vice president now directly owns 1,191 shares in the company, valued at approximately $58,454.28. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Pete Thompson sold 853 shares of the stock in a transaction on Thursday, December 17th. The shares were sold at an average price of $53.63, for a total value of $45,746.39. Following the completion of the transaction, the senior vice president now owns 14,801 shares in the company, valued at $793,777.63. The disclosure for this sale can be found here. Insiders have sold a total of 13,052 shares of company stock worth $654,339 over the last three months. 5.02% of the stock is currently owned by corporate insiders.
A number of institutional investors and hedge funds have recently made changes to their positions in the business. Commonwealth Equity Services LLC increased its stake in shares of eBay by 11.1% in the 2nd quarter. Commonwealth Equity Services LLC now owns 81,085 shares of the e-commerce companyâ€™s stock valued at $4,252,000 after buying an additional 8,126 shares during the period. Blair William & Co. IL increased its position in eBay by 0.6% during the 2nd quarter. Blair William & Co. IL now owns 37,422 shares of the e-commerce companyâ€™s stock worth $1,963,000 after purchasing an additional 234 shares in the last quarter. Kentucky Retirement Systems purchased a new stake in eBay during the 2nd quarter worth about $1,929,000. Kentucky Retirement Systems Insurance Trust Fund purchased a new stake in eBay in the 2nd quarter valued at about $852,000. Finally, Private Capital Group LLC grew its holdings in eBay by 17.0% in the 2nd quarter. Private Capital Group LLC now owns 3,919 shares of the e-commerce companyâ€™s stock valued at $206,000 after buying an additional 570 shares during the period. Hedge funds and other institutional investors own 85.31% of the companyâ€™s stock.
eBay Inc operates the marketplace and classifieds platforms that connect buyers and sellers worldwide. Its Marketplace platform includes its online marketplace at ebay.com and the eBay suite of mobile apps; and Classifieds platform comprises a collection of brands, such as Mobile.de, Kijiji, Gumtree, Marktplaats, eBay Kleinanzeigen, and others that offer online classifieds to help people find what they are looking for in their local communities.
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