eBay Inc (NASDAQ:EBAY)‘s stock had its “buy” rating reissued by stock analysts at Hilliard Lyons in a research report issued on Thursday.
EBAY has been the topic of several other research reports. Monness Crespi & Hardt restated a “buy” rating and issued a $35.00 price target on shares of eBay in a research report on Saturday, January 28th. Jefferies Group LLC set a $32.00 price target on shares of eBay and gave the stock a “neutral” rating in a research report on Tuesday, January 24th. Robert W. Baird reaffirmed an “outperform” rating and issued a $35.00 price objective on shares of eBay in a research note on Wednesday, December 21st. Maxim Group reaffirmed a “buy” rating and issued a $36.00 price objective on shares of eBay in a research note on Wednesday, April 12th. Finally, Vetr lowered shares of eBay from a “strong-buy” rating to a “buy” rating and set a $35.89 price objective for the company. in a research note on Monday, January 30th. Two investment analysts have rated the stock with a sell rating, twenty have issued a hold rating, seventeen have issued a buy rating and one has assigned a strong buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $34.90.
eBay (NASDAQ:EBAY) traded down 1.368% during trading on Thursday, reaching $32.085. The company’s stock had a trading volume of 11,561,220 shares. The firm has a 50 day moving average of $33.61 and a 200 day moving average of $31.29. eBay has a 52 week low of $22.30 and a 52 week high of $34.74. The stock has a market capitalization of $34.88 billion, a price-to-earnings ratio of 5.050 and a beta of 1.31. eBay also was the recipient of unusually large options trading activity on Thursday. Traders purchased 32,552 put options on the stock. This represents an increase of approximately 505% compared to the average volume of 5,383 put options.
eBay (NASDAQ:EBAY) last posted its quarterly earnings results on Wednesday, April 19th. The e-commerce company reported $0.49 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.48 by $0.01. The firm had revenue of $2.22 billion for the quarter, compared to analyst estimates of $2.21 billion. eBay had a net margin of 80.92% and a return on equity of 24.13%. The firm’s quarterly revenue was up 3.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.47 earnings per share. Analysts expect that eBay will post $2.02 EPS for the current year.
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In related news, VP Brian J. Doerger sold 6,660 shares of the company’s stock in a transaction dated Thursday, February 9th. The shares were sold at an average price of $33.25, for a total value of $221,445.00. Following the sale, the vice president now owns 29,006 shares of the company’s stock, valued at $964,449.50. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Stephen Fisher sold 16,601 shares of the company’s stock in a transaction dated Wednesday, February 22nd. The shares were sold at an average price of $33.77, for a total transaction of $560,615.77. Following the completion of the sale, the senior vice president now directly owns 97,023 shares in the company, valued at approximately $3,276,466.71. The disclosure for this sale can be found here. In the last three months, insiders sold 313,020 shares of company stock worth $10,153,302. 7.40% of the stock is currently owned by insiders.
Hedge funds have recently bought and sold shares of the stock. Parallel Advisors LLC acquired a new stake in eBay during the fourth quarter worth $100,000. Physicians Financial Services Inc. boosted its stake in eBay by 10.0% in the third quarter. Physicians Financial Services Inc. now owns 3,300 shares of the e-commerce company’s stock worth $108,000 after buying an additional 300 shares during the last quarter. Hartford Financial Management Inc. boosted its stake in eBay by 2.9% in the third quarter. Hartford Financial Management Inc. now owns 3,570 shares of the e-commerce company’s stock worth $117,000 after buying an additional 100 shares during the last quarter. SRS Capital Advisors Inc. acquired a new stake in eBay during the fourth quarter worth $149,000. Finally, Capital Guardian Trust Co. boosted its stake in eBay by 62.9% in the fourth quarter. Capital Guardian Trust Co. now owns 5,475 shares of the e-commerce company’s stock worth $163,000 after buying an additional 2,114 shares during the last quarter. 85.86% of the stock is currently owned by institutional investors and hedge funds.
eBay Company Profile
eBay Inc (eBay) is a commerce company, which operates through its Marketplace, StubHub and Classifieds platforms. The Company connects buyers and sellers around the world. Its platforms enable sellers around the world to organize and offer their inventory for sale, and buyers to find and purchase it.
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