eBay EBAY underwent analysis by 27 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 5 | 6 | 14 | 1 | 1 |
| Last 30D | 0 | 0 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 1 | 0 |
| 2M Ago | 5 | 5 | 10 | 0 | 0 |
| 3M Ago | 0 | 1 | 4 | 0 | 1 |
The 12-month price targets, analyzed by analysts, offer insights with an average target of $64.3, a high estimate of $72.00, and a low estimate of $52.00. This upward trend is evident, with the current average reflecting a 4.86% increase from the previous average price target of $61.32.
Understanding Analyst Ratings: A Comprehensive Breakdown
The perception of eBay by financial experts is analyzed through recent analyst actions. 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 |
|---|---|---|---|---|---|
| John Colantuoni | Jefferies | Lowers | Underperform | $52.00 | $60.00 |
| James Lee | Mizuho | Raises | Neutral | $60.00 | $55.00 |
| Youssef Squali | Truist Securities | Raises | Hold | $62.00 | $58.00 |
| Nikhil Devnani | Bernstein | Announces | Outperform | $70.00 | - |
| Ken Gawrelski | Wells Fargo | Lowers | Equal-Weight | $62.00 | $63.00 |
| Lee Horowitz | Deutsche Bank | Lowers | Buy | $63.00 | $70.00 |
| Doug Anmuth | JP Morgan | Lowers | Neutral | $58.00 | $60.00 |
| Ygal Arounian | Citigroup | Raises | Buy | $68.00 | $65.00 |
| Kunal Madhukar | UBS | Lowers | Neutral | $66.00 | $72.00 |
| Ross Sandler | Barclays | Lowers | Overweight | $64.00 | $65.00 |
| Justin Post | B of A Securities | Lowers | Neutral | $64.00 | $67.00 |
| Thomas Champion | Piper Sandler | Raises | Overweight | $67.00 | $64.00 |
| Colin Sebastian | Baird | Lowers | Outperform | $68.00 | $70.00 |
| Bernie McTernan | Needham | Maintains | Buy | $72.00 | $72.00 |
| Daniel Kurnos | Benchmark | Maintains | Buy | $65.00 | $65.00 |
| Mark Kelley | Stifel | Raises | Hold | $64.00 | $56.00 |
| John Blackledge | TD Cowen | Raises | Hold | $54.00 | $45.00 |
| Nathan Feather | Morgan Stanley | Raises | Overweight | $71.00 | $65.00 |
| Kunal Madhukar | UBS | Raises | Neutral | $72.00 | $59.00 |
| Bernie McTernan | Needham | Announces | Buy | $72.00 | - |
| 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 |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to eBay. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey 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.
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 rendering the firm a top 10 global e-commerce company. It 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: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
Positive Revenue Trend: Examining eBay's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 3.04% as of 30 September, 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 financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 24.61%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): eBay's ROE excels beyond industry benchmarks, reaching 11.59%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): eBay's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 3.15%, the company showcases efficient use of assets and strong financial health.
Debt Management: eBay's debt-to-equity ratio is below the industry average at 1.45, reflecting a lower dependency on debt financing and a more conservative financial approach.
Analyst Ratings: What Are They?
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
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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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