eBay Inc. (NASDAQ:EBAY) Receives Average Recommendation of “Hold” from Brokerages
by Teresa Graham · The Cerbat GemeBay Inc. (NASDAQ:EBAY – Get Free Report) has been assigned an average rating of “Hold” from the thirty-seven ratings firms that are presently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a sell recommendation, twenty have assigned a hold recommendation, fourteen have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $94.6875.
A number of research analysts have recently weighed in on EBAY shares. BMO Capital Markets increased their price target on eBay from $102.00 to $107.00 and gave the company an “outperform” rating in a research note on Thursday, October 30th. BNP Paribas started coverage on eBay in a research note on Monday, November 24th. They issued a “hold” rating on the stock. Weiss Ratings reaffirmed a “buy (b)” rating on shares of eBay in a research note on Monday. Truist Financial boosted their price objective on shares of eBay from $86.00 to $92.00 and gave the stock a “hold” rating in a research report on Monday, November 3rd. Finally, Citigroup reiterated a “market outperform” rating on shares of eBay in a research note on Thursday, October 30th.
Check Out Our Latest Stock Analysis on EBAY
eBay Price Performance
eBay stock opened at $83.89 on Wednesday. The business’s 50-day simple moving average is $87.11 and its 200 day simple moving average is $85.60. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 1.06. The stock has a market cap of $37.92 billion, a price-to-earnings ratio of 18.24, a P/E/G ratio of 2.11 and a beta of 1.35. eBay has a 12-month low of $58.71 and a 12-month high of $101.15.
eBay (NASDAQ:EBAY – Get Free Report) last released its earnings results on Wednesday, October 29th. The e-commerce company reported $1.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.33 by $0.03. eBay had a net margin of 20.37% and a return on equity of 41.94%. The company had revenue of $2.82 billion for the quarter, compared to the consensus estimate of $2.73 billion. During the same period in the prior year, the company posted $1.19 EPS. The company’s revenue was up 9.5% compared to the same quarter last year. eBay has set its FY 2025 guidance at 4.090-4.140 EPS and its Q4 2025 guidance at 1.310-1.360 EPS. As a group, research analysts anticipate that eBay will post 3.86 earnings per share for the current year.
eBay Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, December 12th. Stockholders of record on Friday, November 28th will be paid a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Friday, November 28th. eBay’s dividend payout ratio (DPR) is currently 25.22%.
Insider Activity at eBay
In other eBay news, SVP Mazen Rawashdeh sold 1,910 shares of the firm’s stock in a transaction that occurred on Wednesday, September 17th. The shares were sold at an average price of $89.31, for a total transaction of $170,582.10. Following the completion of the sale, the senior vice president directly owned 3,824 shares in the company, valued at $341,521.44. This trade represents a 33.31% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Jamie Iannone sold 7,221 shares of the company’s stock in a transaction on Wednesday, November 5th. The shares were sold at an average price of $81.08, for a total value of $585,478.68. Following the completion of the transaction, the chief executive officer directly owned 235,781 shares in the company, valued at approximately $19,117,123.48. This represents a 2.97% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 57,102 shares of company stock valued at $4,777,385 in the last 90 days. Insiders own 0.64% of the company’s stock.
Institutional Investors Weigh In On eBay
Hedge funds and other institutional investors have recently made changes to their positions in the business. Financial Consulate Inc. acquired a new position in eBay in the 3rd quarter valued at $27,000. Steigerwald Gordon & Koch Inc. bought a new stake in eBay during the third quarter worth about $28,000. JPL Wealth Management LLC bought a new position in eBay in the 3rd quarter valued at about $28,000. Princeton Global Asset Management LLC raised its position in shares of eBay by 433.9% in the 2nd quarter. Princeton Global Asset Management LLC now owns 331 shares of the e-commerce company’s stock valued at $25,000 after buying an additional 269 shares in the last quarter. Finally, Salomon & Ludwin LLC bought a new stake in shares of eBay during the 3rd quarter worth approximately $32,000. 87.48% of the stock is currently owned by institutional investors and hedge funds.
About eBay
eBay Inc, together with its subsidiaries, operates marketplace platforms that connect buyers and sellers in the United States, the United Kingdom, China, Germany, and internationally. The company’s marketplace platform includes its online marketplace at ebay.com, off-platform businesses, and the eBay suite of mobile apps.
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