eBay Inc. (NASDAQ: EBAY) is -0.05% lower on its value in year-to-date trading and has touched a low of $35.92 and a high of $60.38 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The EBAY stock was last observed hovering at around $40.81 in the last trading session, with the day’s gains setting it 0.64% off its average median price target of $48.00 for the next 12 months. It is also 28.53% off the consensus price target high of $58.00 offered by 33 analysts, but current levels are -25.61% lower than the price target low of $33.00 for the same period.
Currently trading at $41.45, the stock is -8.18% and -10.87% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.02 million and changing 1.57% at the moment leaves the stock -5.98% off its SMA200. EBAY registered -23.16% loss for a year compared to 6-month gain of -2.63%.
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The stock witnessed a -15.06% loss in the last 1 month and extending the period to 3 months gives it a -5.19%, and is -3.49% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.74% over the week and 2.43% over the month.
eBay Inc. (EBAY) has around 11600 employees, a market worth around $22.74B and $9.79B in sales. Fwd P/E is 9.15. Profit margin for the company is -13.00%. Distance from 52-week low is 15.40% and -31.36% from its 52-week high. The company has generated returns on investments over the last 12 months (19.10%).
eBay Inc. (EBAY) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for eBay Inc. (EBAY) is a “Hold”. 33 analysts offering their recommendations for the stock have an average rating of 2.70, where 22 rate it as a Hold and 3 think it is a “Overweight”. 6 of the analysts rate the stock as a “Buy”. 2 analysts have rated the stock as a Sell or Underperform.
eBay Inc. is expected to release its quarterly report on 05/03/2023.The EPS is expected to shrink by -700.70% this year
eBay Inc. (EBAY) Top Institutional Holders
The shares outstanding are 543.00M, and float is at 533.61M with Short Float at 2.42%.
eBay Inc. (EBAY) Insider Activity
A total of 60 insider transactions have happened at eBay Inc. (EBAY) in the last six months, with sales accounting for 29 and purchases happening 31 times. The most recent transaction is an insider sale by SWAN ROBERT HOLMES, the company’s Director. SEC filings show that SWAN ROBERT HOLMES sold 20,000 shares of the company’s common stock on Feb 01 at a price of $50.00 per share for a total of $1.0 million. Following the sale, the insider now owns 0.14 million shares.
eBay Inc. disclosed in a document filed with the SEC on Nov 10 that Doerger Brian J. (VP, Chief Accounting Officer) sold a total of 9,542 shares of the company’s common stock. The trade occurred on Nov 10 and was made at $44.12 per share for $0.42 million. Following the transaction, the insider now directly holds 0.0 shares of the EBAY stock.
Still, SEC filings show that on Nov 08, Doerger Brian J. (VP, Chief Accounting Officer) disposed off 4,311 shares at an average price of $41.89 for $0.18 million. The insider now directly holds 9,542 shares of eBay Inc. (EBAY).
eBay Inc. (EBAY): Who are the competitors?
The company’s main competitors (and peers) include Amazon.com Inc. (AMZN) that is trading -32.11% down over the past 12 months and Walmart Inc. (WMT) that is -5.14% lower over the same period.