Etsy Inc (NASDAQ: ETSY) is -19.22% lower on its value in year-to-date trading and has touched a low of $55.08 and a high of $102.81 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 $61.57 in the last trading session, with the day’s gains setting it 3.9%.
Currently trading at $65.47, the stock is 11.70% and 6.75% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.15 million and changing 6.33% at the moment leaves the stock -4.32% off its SMA200. ETSY registered -29.03% loss for a year compared to 6-month loss of -6.92%.
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The stock witnessed a 8.86% gain in the last 1 month and extending the period to 3 months gives it a -1.89%, and is 14.84% up 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 3.71% over the week and 3.19% over the month.
Etsy Inc (ETSY) has around 2420 employees, a market worth around $7.66B and $2.75B in sales. Current P/E ratio is 29.86 and Fwd P/E is 23.42. Profit margin for the company is 10.75%. Distance from 52-week low is 18.86% and -36.32% from its 52-week high. The company has generated returns on investments over the last 12 months (16.45%).
The EPS is expected to grow by 10.00% this year.
Etsy Inc (ETSY) Top Institutional Holders
The shares outstanding are 119.07M, and float is at 115.88M with Short Float at 12.48%.
Etsy Inc (ETSY) Insider Activity
The most recent transaction is an insider sale by Kumar Rachana,the company’sCHIEF TECHNOLOGY OFFICER. SEC filings show that Kumar Rachana sold 250 shares of the company’s common stock on Jul 12 ’24 at a price of $60.00 per share for a total of $15000.0. Following the sale, the insider now owns 21939.0 shares.
Etsy Inc disclosed in a document filed with the SEC on Jul 01 ’24 that Daniel Nicholas (CHIEF PRODUCT OFFICER) sold a total of 750 shares of the company’s common stock. The trade occurred on Jul 01 ’24 and was made at $57.42 per share for $43063.0. Following the transaction, the insider now directly holds 19583.0 shares of the ETSY stock.
Still, SEC filings show that on Jun 10 ’24, Nadal Toni Thompson (CHIEF HUMAN RESOURCES OFFICER) disposed off 1,444 shares at an average price of $65.68 for $94849.0. The insider now directly holds 592 shares of Etsy Inc (ETSY).
