During the last three months, 15 analysts shared their evaluations of eBay EBAY, revealing diverse outlooks from bullish to bearish.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 3 | 3 | 8 | 0 | 1 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 0 | 1 | 0 | 0 |
| 2M Ago | 3 | 2 | 6 | 0 | 1 |
| 3M Ago | 0 | 1 | 0 | 0 | 0 |
Insights from analysts' 12-month price targets are revealed, presenting an average target of $59.73, a high estimate of $65.00, and a low estimate of $46.00. This current average has increased by 8.46% from the previous average price target of $55.07.
Deciphering Analyst Ratings: An In-Depth Analysis
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 |
|---|---|---|---|---|---|
| Deepak Mathivanan | Cantor Fitzgerald | Maintains | Neutral | $62.00 | $62.00 |
| Deepak Mathivanan | Cantor Fitzgerald | Announces | Neutral | $62.00 | - |
| Youssef Squali | Truist Securities | Raises | Hold | $58.00 | $50.00 |
| Eric Sheridan | Goldman Sachs | Raises | Sell | $46.00 | $38.00 |
| Shyam Patil | Susquehanna | Raises | Neutral | $60.00 | $52.00 |
| Ygal Arounian | Citigroup | Raises | Buy | $65.00 | $64.00 |
| Lee Horowitz | Deutsche Bank | Raises | Buy | $64.00 | $60.00 |
| Daniel Kurnos | Benchmark | Raises | Buy | $65.00 | $58.00 |
| Mark Mahaney | Evercore ISI Group | Raises | In-Line | $53.00 | $47.00 |
| Brian Pitz | BMO Capital | Raises | Market Perform | $59.00 | $53.00 |
| Thomas Champion | Piper Sandler | Raises | Overweight | $64.00 | $58.00 |
| Ken Gawrelski | Wells Fargo | Lowers | Equal-Weight | $55.00 | $57.00 |
| Colin Sebastian | Baird | Raises | Outperform | $62.00 | $58.00 |
| Justin Post | B of A Securities | Raises | Neutral | $57.00 | $53.00 |
| Nathan Feather | Morgan Stanley | Raises | Overweight | $64.00 | $61.00 |
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: Gaining insights, analysts provide 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 set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.
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.
About eBay
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.
Key Indicators: eBay's Financial Health
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.
Positive Revenue Trend: Examining eBay's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 1.26% as of 30 June, 2024, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Consumer Discretionary sector.
Net Margin: eBay's net margin excels beyond industry benchmarks, reaching 8.71%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): eBay's ROE stands out, surpassing industry averages. With an impressive ROE of 3.8%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): eBay's ROA excels beyond industry benchmarks, reaching 1.07%. This signifies efficient management of assets and strong financial health.
Debt Management: eBay's debt-to-equity ratio is below the industry average at 1.48, reflecting a lower dependency on debt financing and a more conservative financial approach.
The Core of Analyst Ratings: What Every Investor Should Know
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
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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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