Throughout the last three months, 13 analysts have evaluated eBay EBAY, offering a diverse set of opinions from bullish to bearish.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 2 | 5 | 6 | 0 | 0 |
Last 30D | 0 | 1 | 0 | 0 | 0 |
1M Ago | 0 | 0 | 2 | 0 | 0 |
2M Ago | 1 | 1 | 1 | 0 | 0 |
3M Ago | 1 | 3 | 3 | 0 | 0 |
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $56.69, a high estimate of $65.00, and a low estimate of $45.00. Marking an increase of 6.62%, the current average surpasses the previous average price target of $53.17.
Interpreting Analyst Ratings: A Closer Look
The analysis of recent analyst actions sheds light on the perception of eBay by financial experts. 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 |
---|---|---|---|---|---|
Nathan Feather | Morgan Stanley | Raises | Overweight | $64.00 | $61.00 |
Doug Anmuth | JP Morgan | Announces | Neutral | $60.00 | - |
Ken Gawrelski | Wells Fargo | Raises | Equal-Weight | $57.00 | $47.00 |
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 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to eBay. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate 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.
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of eBay's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
Stay up to date on eBay analyst ratings.
Delving into eBay's Background
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.
A Deep Dive into eBay's Financials
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
Positive Revenue Trend: Examining eBay's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 1.83% as of 31 March, 2024, showcasing a substantial increase in top-line earnings. When compared to others in the Consumer Discretionary sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: eBay's net margin is impressive, surpassing industry averages. With a net margin of 17.14%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): eBay's ROE excels beyond industry benchmarks, reaching 6.91%. 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 2.04%, the company showcases effective utilization of assets.
Debt Management: With a below-average debt-to-equity ratio of 1.31, eBay adopts a prudent financial strategy, indicating a balanced approach to debt management.
Analyst Ratings: Simplified
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.
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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