13 analysts have shared their evaluations of eBay EBAY during the recent three months, expressing a mix of bullish and bearish perspectives.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 3 | 5 | 5 | 0 | 0 |
| Last 30D | 1 | 1 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 1 | 0 | 0 |
| 2M Ago | 1 | 4 | 3 | 0 | 0 |
| 3M Ago | 1 | 0 | 1 | 0 | 0 |
The 12-month price targets, analyzed by analysts, offer insights with an average target of $55.62, a high estimate of $65.00, and a low estimate of $45.00. This current average reflects an increase of 8.74% from the previous average price target of $51.15.
Investigating Analyst Ratings: An Elaborate Study
The standing of eBay among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Daniel Kurnos | Benchmark | Maintains | Buy | $58.00 | $58.00 |
| Colin Sebastian | Baird | Raises | Outperform | $58.00 | $57.00 |
| John Colantuoni | Jefferies | Raises | Hold | $55.00 | $50.00 |
| Youssef Squali | Truist Securities | Raises | Hold | $50.00 | $48.00 |
| Daniel Kurnos | Benchmark | Maintains | Buy | $58.00 | $58.00 |
| John Blackledge | TD Cowen | Raises | Hold | $45.00 | $42.00 |
| Lauren Schenk | Morgan Stanley | Lowers | Overweight | $61.00 | $62.00 |
| Ross Sandler | Barclays | Raises | Overweight | $65.00 | $61.00 |
| James Lee | Mizuho | Raises | Neutral | $49.00 | $44.00 |
| Colin Sebastian | Baird | Raises | Outperform | $57.00 | $50.00 |
| Lauren Schenk | Morgan Stanley | Raises | Overweight | $62.00 | $35.00 |
| Lee Horowitz | Deutsche Bank | Raises | Buy | $58.00 | $55.00 |
| Ken Gawrelski | Wells Fargo | Raises | Equal-Weight | $47.00 | $45.00 |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to eBay. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of eBay compared to the broader market.
- Price Targets: Analysts predict movements in price targets, offering estimates for eBay's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.
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.
Get to Know eBay Better
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 UK, Germany, and Australia.
Unraveling the Financial Story of eBay
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Growth: eBay's remarkable performance in 3 months is evident. As of 31 March, 2024, the company achieved an impressive revenue growth rate of 1.83%. This signifies a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the 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 17.14%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): eBay's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 6.91%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): eBay's ROA stands out, surpassing industry averages. With an impressive ROA of 2.04%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: eBay's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 1.31.
The Significance of Analyst Ratings Explained
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
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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