Etsy Inc (NASDAQ: ETSY) is -15.66% lower on its value in year-to-date trading and has touched a low of $58.20 and a high of $104.93 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 ETSY stock was last observed hovering at around $66.73 in the last trading session, with the day’s gains setting it 1.63%.
Currently trading at $68.36, the stock is 2.26% and -2.88% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.6 million and changing 2.44% at the moment leaves the stock -7.34% off its SMA200. ETSY registered -33.33% loss for a year compared to 6-month gain of 8.22%.
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The stock witnessed a 3.17% loss in the last 1 month and extending the period to 3 months gives it a 0.74%, and is -0.45% 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 3.40% over the week and 3.41% over the month.
Etsy Inc (ETSY) has around 2420 employees, a market worth around $8.10B and $2.75B in sales. Current P/E ratio is 30.41 and Fwd P/E is 22.76. Profit margin for the company is 11.19%. Distance from 52-week low is 17.46% and -34.85% from its 52-week high. The company has generated returns on investments over the last 12 months (16.35%).
The EPS is expected to grow by 15.63% this year.
Etsy Inc (ETSY) Top Institutional Holders
The shares outstanding are 119.07M, and float is at 117.41M with Short Float at 13.01%.
Etsy Inc (ETSY) Insider Activity
The most recent transaction is an insider sale by Buckley Merilee,the company’sCHIEF ACCOUNTING OFFICER. SEC filings show that Buckley Merilee sold 1,671 shares of the company’s common stock on Apr 03 ’24 at a price of $65.04 per share for a total of $0.11 million. Following the sale, the insider now owns 2827.0 shares.
Etsy Inc disclosed in a document filed with the SEC on Apr 01 ’24 that Daniel Nicholas (CHIEF PRODUCT OFFICER) sold a total of 750 shares of the company’s common stock. The trade occurred on Apr 01 ’24 and was made at $66.01 per share for $49504.0. Following the transaction, the insider now directly holds 19682.0 shares of the ETSY stock.
Still, SEC filings show that on Feb 27 ’24, Silverman Josh (PRESIDENT & CEO) disposed off 63,047 shares at an average price of $72.50 for $4.57 million. The insider now directly holds 23,140 shares of Etsy Inc (ETSY).
