eBay (NASDAQ:EBAY – Get Free Report) had its worth goal elevated by funding analysts at Citigroup from $65.00 to $68.00 in a analysis notice issued to buyers on Thursday, Benzinga reviews. The agency presently has a “purchase” ranking on the e-commerce firm’s inventory. Citigroup’s worth goal would point out a possible upside of 17.02% from the inventory’s earlier shut.
A number of different analysis corporations have additionally lately weighed in on EBAY. The Goldman Sachs Group lifted their worth goal on shares of eBay from $46.00 to $55.00 and gave the corporate a “promote” ranking in a report on Tuesday, October fifteenth. Wells Fargo & Firm lifted their worth goal on shares of eBay from $55.00 to $63.00 and gave the corporate an “equal weight” ranking in a report on Thursday, October third. Jefferies Monetary Group lifted their worth goal on shares of eBay from $58.00 to $65.00 and gave the corporate a “maintain” ranking in a report on Tuesday, October twenty second. Cantor Fitzgerald reiterated a “impartial” ranking and issued a $62.00 worth goal on shares of eBay in a report on Monday, October seventh. Lastly, Morgan Stanley boosted their goal worth on shares of eBay from $65.00 to $71.00 and gave the corporate an “obese” ranking in a report on Friday, October twenty fifth. One equities analysis analyst has rated the inventory with a promote ranking, fifteen have assigned a maintain ranking and 9 have given a purchase ranking to the corporate’s inventory. In response to information from MarketBeat, eBay has a consensus ranking of “Maintain” and a consensus goal worth of $61.86.
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eBay Worth Efficiency
EBAY inventory opened at $58.11 on Thursday. The agency has a 50 day transferring common of $62.99 and a 200-day transferring common of $56.72. The corporate has a present ratio of 1.25, a fast ratio of 1.25 and a debt-to-equity ratio of 1.12. eBay has a 12 month low of $37.17 and a 12 month excessive of $67.80. The agency has a market capitalization of $28.42 billion, a P/E ratio of 14.60, a price-to-earnings-growth ratio of 1.95 and a beta of 1.32.
eBay (NASDAQ:EBAY – Get Free Report) final introduced its earnings outcomes on Wednesday, July thirty first. The e-commerce firm reported $0.88 earnings per share for the quarter, assembly analysts’ consensus estimates of $0.88. The enterprise had income of $2.57 billion for the quarter, in comparison with the consensus estimate of $2.53 billion. eBay had a internet margin of 19.68% and a return on fairness of 30.15%. As a gaggle, sell-side analysts predict that eBay will put up 3.86 earnings per share for the present fiscal 12 months.
Insider Shopping for and Promoting
In associated information, CEO Jamie Iannone offered 5,625 shares of eBay inventory in a transaction that occurred on Friday, October 4th. The inventory was offered at a mean worth of $66.09, for a complete transaction of $371,756.25. Following the transaction, the chief government officer now owns 559,291 shares within the firm, valued at roughly $36,963,542.19. This commerce represents a 0.00 % lower of their possession of the inventory. The sale was disclosed in a submitting with the SEC, which will be accessed by this hyperlink. In different information, CEO Jamie Iannone offered 5,625 shares of eBay inventory in a transaction on Friday, October 4th. The inventory was offered at a mean worth of $66.09, for a complete worth of $371,756.25. Following the completion of the sale, the chief government officer now instantly owns 559,291 shares of the corporate’s inventory, valued at roughly $36,963,542.19. The commerce was a 0.00 % lower of their possession of the inventory. The sale was disclosed in a submitting with the SEC, which will be accessed by this hyperlink. Additionally, CFO Stephen J. Priest offered 1,167 shares of eBay inventory in a transaction on Wednesday, October sixteenth. The shares have been offered at a mean worth of $66.63, for a complete worth of $77,757.21. Following the completion of the sale, the chief monetary officer now instantly owns 65,079 shares of the corporate’s inventory, valued at $4,336,213.77. The commerce was a 0.00 % lower of their possession of the inventory. The disclosure for this sale will be discovered right here. Over the past 90 days, insiders have offered 41,391 shares of firm inventory price $2,678,424. 0.38% of the inventory is owned by company insiders.
Institutional Inflows and Outflows
Quite a lot of hedge funds and different institutional buyers have lately purchased and offered shares of EBAY. Vanguard Group Inc. lifted its holdings in shares of eBay by 7.7% within the 1st quarter. Vanguard Group Inc. now owns 62,929,188 shares of the e-commerce firm’s inventory valued at $3,321,403,000 after buying an extra 4,524,934 shares over the past quarter. Ameriprise Monetary Inc. lifted its holdings in shares of eBay by 17.6% within the 2nd quarter. Ameriprise Monetary Inc. now owns 25,964,196 shares of the e-commerce firm’s inventory valued at $1,394,797,000 after buying an extra 3,880,649 shares over the past quarter. M&G Plc bought a brand new stake in shares of eBay within the 1st quarter valued at about $97,557,000. Swedbank AB bought a brand new stake in shares of eBay within the 1st quarter valued at about $73,777,000. Lastly, Altshuler Shaham Ltd bought a brand new stake in shares of eBay within the 2nd quarter valued at about $71,593,000. 87.48% of the inventory is at present owned by hedge funds and different institutional buyers.
eBay Firm Profile
eBay Inc, along with its subsidiaries, operates market platforms that join consumers and sellers in the USA, the UK, China, Germany, and internationally. The corporate’s market platform consists of its on-line market at ebay.com, off-platform companies, and the eBay suite of cell apps.
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