EBAY has been the topic of several other research reports. Citigroup cut their price target on shares of eBay from $42.00 to $41.00 and set a buy rating on the stock in a report on Wednesday, January 30th. Aegis reaffirmed a buy rating and issued a $40.00 price objective (down previously from $44.00) on shares of eBay in a research report on Wednesday, January 2nd. TheStreet raised shares of eBay from a c+ rating to a b- rating in a research report on Wednesday, January 30th. ValuEngine downgraded shares of eBay from a hold rating to a sell rating in a research report on Friday, January 4th. Finally, Imperial Capital lowered their price objective on shares of eBay from $64.00 to $56.00 in a research report on Thursday, January 31st. One research analyst has rated the stock with a sell rating, eighteen have issued a hold rating and thirteen have issued a buy rating to the stock. The stock presently has a consensus rating of Hold and a consensus price target of $39.13.
NASDAQ EBAY opened at $36.39 on Friday. eBay has a one year low of $26.01 and a one year high of $43.00. The company has a debt-to-equity ratio of 1.22, a quick ratio of 1.60 and a current ratio of 1.60. The company has a market capitalization of $31.78 billion, a P/E ratio of 15.69, a price-to-earnings-growth ratio of 1.77 and a beta of 1.35.
eBay (NASDAQ:EBAY) last posted its quarterly earnings results on Tuesday, January 29th. The e-commerce company reported $0.71 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.68 by $0.03. eBay had a net margin of 23.54% and a return on equity of 27.40%. The firm had revenue of $2.88 billion for the quarter, compared to analyst estimates of $2.86 billion. Equities research analysts predict that eBay will post 2.15 EPS for the current year.
The business also recently declared a Not Available dividend, which was paid on Wednesday, March 20th. Stockholders of record on Friday, March 1st were given a dividend of $0.14 per share. The ex-dividend date of this dividend was Thursday, February 28th. eBay’s payout ratio is currently 24.14%.
In other news, VP Brian J. Doerger sold 10,185 shares of the firm’s stock in a transaction that occurred on Friday, February 1st. The shares were sold at an average price of $34.30, for a total transaction of $349,345.50. Following the completion of the sale, the vice president now owns 39,544 shares of the company’s stock, valued at $1,356,359.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 6.22% of the stock is currently owned by company insiders.
Several hedge funds have recently added to or reduced their stakes in EBAY. Bank of New York Mellon Corp grew its position in shares of eBay by 30,706.7% during the third quarter. Bank of New York Mellon Corp now owns 12,508,428 shares of the e-commerce company’s stock worth $413,028,000 after buying an additional 12,467,825 shares in the last quarter. First Republic Investment Management Inc. boosted its holdings in eBay by 13.4% in the third quarter. First Republic Investment Management Inc. now owns 89,220 shares of the e-commerce company’s stock worth $2,946,000 after purchasing an additional 10,567 shares during the period. National Pension Service boosted its holdings in eBay by 2.5% in the third quarter. National Pension Service now owns 1,035,400 shares of the e-commerce company’s stock worth $34,189,000 after purchasing an additional 25,579 shares during the period. Advisors Asset Management Inc. boosted its holdings in eBay by 6.4% in the third quarter. Advisors Asset Management Inc. now owns 474,798 shares of the e-commerce company’s stock worth $15,678,000 after purchasing an additional 28,677 shares during the period. Finally, Wunderlich Capital Managemnt boosted its holdings in eBay by 27.5% in the third quarter. Wunderlich Capital Managemnt now owns 35,693 shares of the e-commerce company’s stock worth $1,179,000 after purchasing an additional 7,705 shares during the period. 86.40% of the stock is owned by institutional investors and hedge funds.
eBay Company Profile
eBay Inc operates commerce platforms connecting various buyers and sellers worldwide. The company's Marketplace platforms include its online marketplace at ebay.com and the eBay suite of mobile apps; and StubHub platforms comprise its online ticket platform at stubhub.com, and the StubHub mobile apps that connect fans with their favorite sporting events, shows, and artists, as well as enables them to buy and sell tickets.
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