Several other analysts also recently issued reports on the stock. Truist Financial upped their price objective on shares of eBay from $62.00 to $68.00 and gave the stock a “hold” rating in a report on Thursday, May 1st. Citigroup decreased their price objective on shares of eBay from $80.00 to $79.00 and set a “buy” rating for the company in a report on Friday, April 25th. Wall Street Zen raised shares of eBay from a “hold” rating to a “buy” rating in a report on Saturday, April 26th. Bank of America cut their target price on shares of eBay from $72.00 to $71.00 and set a “neutral” rating for the company in a research note on Thursday, February 27th. Finally, Sanford C. Bernstein cut shares of eBay from an “outperform” rating to a “market perform” rating and cut their target price for the company from $70.00 to $65.00 in a research note on Tuesday, April 22nd. Two analysts have rated the stock with a sell rating, seventeen have given a hold rating, ten have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $67.65.

View Our Latest Stock Analysis on EBAY

EBAY stock opened at $78.61 on Thursday. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 1.14. The company has a market capitalization of $36.24 billion, a price-to-earnings ratio of 19.75, a P/E/G ratio of 2.22 and a beta of 1.27. eBay has a 12 month low of $51.72 and a 12 month high of $79.50. The firm has a 50 day moving average of $68.74 and a two-hundred day moving average of $66.78.

eBay (NASDAQ:EBAY – Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The e-commerce company reported $1.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.34 by $0.04. The business had revenue of $2.59 billion during the quarter, compared to the consensus estimate of $2.55 billion. eBay had a net margin of 19.68% and a return on equity of 30.97%. eBay’s quarterly revenue was up 1.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.25 EPS. As a group, equities analysts anticipate that eBay will post 3.86 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, June 13th. Investors of record on Friday, May 30th will be given a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.48%. The ex-dividend date of this dividend is Friday, May 30th. eBay’s dividend payout ratio (DPR) is currently 27.62%.

In other eBay news, CFO Stephen J. Priest sold 28,060 shares of the firm’s stock in a transaction dated Tuesday, April 1st. The shares were sold at an average price of $67.82, for a total value of $1,903,029.20. Following the completion of the sale, the chief financial officer now owns 65,080 shares in the company, valued at approximately $4,413,725.60. This trade represents a 30.13% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, SVP Cornelius Boone sold 3,958 shares of the firm’s stock in a transaction dated Tuesday, March 18th. The shares were sold at an average price of $67.06, for a total transaction of $265,423.48. Following the completion of the sale, the senior vice president now owns 94,392 shares of the company’s stock, valued at $6,329,927.52. The trade was a 4.02% decrease in their position. The disclosure for this sale can be found here. Insiders sold 280,650 shares of company stock worth $19,637,729 in the last quarter. 0.64% of the stock is owned by corporate insiders.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Wealth Preservation Advisors LLC bought a new position in shares of eBay in the 1st quarter valued at about $26,000. Golden State Wealth Management LLC bought a new position in shares of eBay in the 4th quarter valued at about $27,000. Orion Capital Management LLC bought a new position in shares of eBay in the 4th quarter valued at about $27,000. Abound Financial LLC bought a new position in shares of eBay in the 1st quarter valued at about $29,000. Finally, Pinney & Scofield Inc. bought a new position in shares of eBay in the 4th quarter valued at about $31,000. Institutional investors and hedge funds own 87.48% of the company’s stock.

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eBay Inc, together with its subsidiaries, operates marketplace platforms that connect buyers and sellers in the United States, the United Kingdom, China, Germany, and internationally. The company’s marketplace platform includes its online marketplace at ebay.com, off-platform businesses, and the eBay suite of mobile apps.

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