Providing a diverse range of perspectives from bullish to bearish, 16 analysts have published ratings on eBay EBAY in the last three months.
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 | 6 | 7 | 0 | 0 |
| Last 30D | 1 | 3 | 1 | 0 | 0 |
| 1M Ago | 1 | 1 | 1 | 0 | 0 |
| 2M Ago | 1 | 0 | 0 | 0 | 0 |
| 3M Ago | 0 | 2 | 5 | 0 | 0 |
Analysts have recently evaluated eBay and provided 12-month price targets. The average target is $54.5, accompanied by a high estimate of $65.00 and a low estimate of $44.00. Observing a 11.22% increase, the current average has risen from the previous average price target of $49.00.
Understanding Analyst Ratings: A Comprehensive 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 |
|---|---|---|---|---|---|
| Lauren Schenk | Morgan Stanley | Lowers | Overweight | $61.00 | $62.00 |
| Ross Sandler | Barclays | Raises | Overweight | $65.00 | $61.00 |
| Daniel Kurnos | Benchmark | Maintains | Buy | $58.00 | - |
| James Lee | Mizuho | Raises | Neutral | $49.00 | $44.00 |
| Colin Sebastian | Baird | Raises | Outperform | $57.00 | $50.00 |
| Lauren Schenk | Morgan Stanley | Raises | Overweight | $62.00 | $35.00 |
| Lee Horowitz | Deutsche Bank | Raises | Buy | $58.00 | $55.00 |
| Ken Gawrelski | Wells Fargo | Raises | Equal-Weight | $47.00 | $45.00 |
| Joseph Bonner | Argus Research | Raises | Buy | $58.00 | $53.00 |
| Youssef Squali | Truist Securities | Raises | Hold | $48.00 | $47.00 |
| Shyam Patil | Susquehanna | Raises | Neutral | $52.00 | $43.00 |
| Kunal Madhukar | UBS | Raises | Neutral | $47.00 | $46.00 |
| Ross Sandler | Barclays | Raises | Overweight | $61.00 | $55.00 |
| Brian Pitz | BMO Capital | Raises | Market Perform | $53.00 | $49.00 |
| Thomas Champion | Piper Sandler | Raises | Overweight | $52.00 | $50.00 |
| James Lee | Mizuho | Raises | Neutral | $44.00 | $40.00 |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction 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: Delving into movements, analysts provide estimates for the future value of eBay's stock. This analysis reveals shifts in analysts' expectations over time.
To gain a panoramic view of eBay's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using 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 U.K., Germany, and Australia.
Key Indicators: eBay's Financial Health
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Revenue Growth: eBay's remarkable performance in 3 months is evident. As of 31 December, 2023, the company achieved an impressive revenue growth rate of 2.07%. This signifies a substantial increase in the company's 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 is impressive, surpassing industry averages. With a net margin of 28.26%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): eBay's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 11.78% ROE, the company effectively utilizes 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 3.38%, the company showcases efficient use of assets and strong financial health.
Debt Management: With a below-average debt-to-equity ratio of 1.29, eBay adopts a prudent financial strategy, indicating a balanced approach to debt management.
Analyst Ratings: What Are They?
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
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.
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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