Ratings for eBay EBAY were provided by 19 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 3 | 4 | 11 | 0 | 1 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 4 | 0 | 0 |
| 2M Ago | 0 | 0 | 1 | 0 | 0 |
| 3M Ago | 3 | 3 | 6 | 0 | 1 |
Insights from analysts' 12-month price targets are revealed, presenting an average target of $60.84, a high estimate of $70.00, and a low estimate of $46.00. Surpassing the previous average price target of $55.94, the current average has increased by 8.76%.
Analyzing Analyst Ratings: A Detailed Breakdown
A comprehensive examination of how financial experts perceive eBay is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Colin Sebastian | Baird | Raises | Outperform | $70.00 | $62.00 |
| Ken Gawrelski | Wells Fargo | Raises | Equal-Weight | $63.00 | $55.00 |
| Deepak Mathivanan | Cantor Fitzgerald | Maintains | Neutral | $62.00 | $62.00 |
| Justin Post | B of A Securities | Raises | Neutral | $65.00 | $57.00 |
| 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: 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: 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.
For valuable insights into eBay's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using 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 UK, Germany, and Australia.
Key Indicators: eBay's Financial Health
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: eBay displayed positive results in 3 months. As of 30 June, 2024, the company achieved a solid revenue growth rate of approximately 1.26%. This indicates a notable 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: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 8.71%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): eBay's ROE excels beyond industry benchmarks, reaching 3.8%. 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 1.07%, the company showcases effective utilization of assets.
Debt Management: eBay's debt-to-equity ratio is below the industry average. With a ratio of 1.48, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
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.
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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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