11 analysts have shared their evaluations of eBay EBAY during the recent three months, expressing a mix of bullish and bearish perspectives.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 1 | 2 | 8 | 0 | 0 |
Last 30D | 0 | 0 | 1 | 0 | 0 |
1M Ago | 1 | 0 | 0 | 0 | 0 |
2M Ago | 0 | 2 | 5 | 0 | 0 |
3M Ago | 0 | 0 | 2 | 0 | 0 |
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $50.55, a high estimate of $61.00, and a low estimate of $44.00. This current average reflects an increase of 6.65% from the previous average price target of $47.40.
Breaking Down Analyst Ratings: A Detailed Examination
The perception of eBay by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Ken Gawrelski | Wells Fargo | Raises | Equal-Weight | $47.00 | $45.00 |
Joseph Bonner | Argus Research | Raises | Buy | $58.00 | $53.00 |
Youssef Squali | Truist Securities | Raises | Hold | $48.00 | $47.00 |
Shyam Patil | Susquehanna | Raises | Neutral | $52.00 | $43.00 |
Kunal Madhukar | UBS | Raises | Neutral | $47.00 | $46.00 |
Ross Sandler | Barclays | Raises | Overweight | $61.00 | $55.00 |
Brian Pitz | BMO Capital | Raises | Market Perform | $53.00 | $49.00 |
Thomas Champion | Piper Sandler | Raises | Overweight | $52.00 | $50.00 |
James Lee | Mizuho | Raises | Neutral | $44.00 | $40.00 |
Ken Gawrelski | Wells Fargo | Lowers | Equal-Weight | $45.00 | $46.00 |
Brian Pitz | BMO Capital | Announces | Market Perform | $49.00 | - |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to eBay. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of eBay compared to the broader market.
- Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of eBay's stock. This comparison reveals trends in analysts' expectations over time.
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of eBay's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
Stay up to date on eBay analyst ratings.
Discovering eBay: A Closer Look
EBay operates one of the largest e-commerce marketplaces in the world, with $73 billion in 2023 gross merchandise volume, or GMV, rendering the firm a top 10 global e-commerce company. The company generates revenue from listing fees, advertising, revenue-sharing arrangements with service providers, and managed payments, with its platform connecting more than 130 million buyers and roughly 20 million sellers across almost 190 global markets at the end of 2023. eBay generates just north of 50% of its GMV in international markets, with a large presence in the U.K., Germany, and Australia.
eBay: A Financial Overview
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
Revenue Growth: Over the 3 months period, eBay showcased positive performance, achieving a revenue growth rate of 2.07% as of 31 December, 2023. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Consumer Discretionary sector.
Net Margin: eBay's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 28.26%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): eBay's ROE excels beyond industry benchmarks, reaching 11.78%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 3.38%, the company showcases effective utilization of assets.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 1.29.
The Significance of Analyst Ratings Explained
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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