eBay EBAY has been analyzed by 20 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 3 | 3 | 12 | 0 | 2 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 1 | 4 | 0 | 1 |
| 2M Ago | 0 | 0 | 1 | 0 | 0 |
| 3M Ago | 3 | 2 | 6 | 0 | 1 |
Insights from analysts' 12-month price targets are revealed, presenting an average target of $60.6, a high estimate of $70.00, and a low estimate of $46.00. This upward trend is evident, with the current average reflecting a 9.66% increase from the previous average price target of $55.26.
Deciphering Analyst Ratings: An In-Depth Analysis
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 |
|---|---|---|---|---|---|
| John Colantuoni | Jefferies | Raises | Hold | $65.00 | $58.00 |
| Eric Sheridan | Goldman Sachs | Raises | Sell | $55.00 | $46.00 |
| 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 |
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: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of eBay compared to the broader market.
- Price Targets: Analysts provide insights into price targets, offering estimates for the future value of eBay's stock. This comparison reveals trends in analysts' expectations over time.
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of eBay's market position. Stay informed and make well-informed decisions with 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.
Breaking Down eBay's Financial Performance
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
Revenue Growth: Over the 3 months period, eBay showcased positive performance, achieving a revenue growth rate of 1.26% as of 30 June, 2024. 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 8.71%, 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 3.8%, the company showcases efficient use of equity capital and strong financial health.
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.
What Are Analyst Ratings?
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.
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.
Breaking: Wall Street's Next Big Mover
Benzinga's #1 analyst just identified a stock poised for explosive growth. This under-the-radar company could surge 200%+ as major market shifts unfold. Click here for urgent details.
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.
Comments
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
