eBay Inc. [NASDAQ: EBAY] loss -3.62% or -2.04 points to close at $54.27 with a heavy trading volume of 12401730 shares. The company report on August 24, 2020 that Together with eBay, Renowned Street Artist Buff Monster Releases Exclusive Melty Misfits Card Pack.
Plus, in eBay’s latest “Uncommon” video, Buff shares a first look at his rare Garbage Pail Kids collection and how it has inspired his artistic creations.
It opened the trading session at $56.26, the shares rose to $56.26 and dropped to $54.05, the range by which the price of stock traded the whole day. The daily chart for EBAY points out that the company has recorded 50.92% gains over the past six months. However, it is still -108.57% lower than its most recent low trading price.
If we look at the average trading volume of 10.46M shares, EBAY reached to a volume of 12401730 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about eBay Inc. [EBAY]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for EBAY shares is $61.75 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on EBAY stock is a recommendation set at 2.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
CFRA have made an estimate for eBay Inc. shares, keeping their opinion on the stock as Hold, with their previous recommendation back on August 20, 2020. The new note on the price target was released on June 26, 2020, representing the official price target for eBay Inc. stock. Previously, the target price had yet another raise from $30 to $52, while Jefferies kept a Hold rating on EBAY stock.
The Average True Range (ATR) for eBay Inc. is set at 1.53, with the Price to Sales ratio for EBAY stock in the period of the last 12 months amounting to 3.68. The Price to Book ratio for the last quarter was 13.14, with the Price to Cash per share for the same quarter was set at 7.28. Price to Free Cash Flow for EBAY in the course of the last twelve months was 15.82 with Quick ratio for the last quarter at 1.60.
Trading performance analysis for EBAY stock
eBay Inc. [EBAY] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -6.76. With this latest performance, EBAY shares dropped by -0.82% in over the last four-week period, additionally plugging by 50.92% over the last 6 months – not to mention a rise of 33.90% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for EBAY stock in for the last two-week period is set at 41.70, with the RSI for the last a single of trading hit 33.51, and the three-weeks RSI is set at 46.19 for eBay Inc. [EBAY]. The present Moving Average for the last 50 days of trading for this stock 55.60, while it was recorded at 57.20 for the last single week of trading, and 41.85 for the last 200 days.
eBay Inc. [EBAY]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and eBay Inc. [EBAY] shares currently have an operating margin of +21.62 and a Gross Margin at +76.15. eBay Inc.’s Net Margin is presently recorded at +16.72.
Return on Total Capital for EBAY is now 17.29, given the latest momentum, and Return on Invested Capital for the company is 14.89. Return on Equity for this stock inclined to 39.17, with Return on Assets sitting at 8.74. When it comes to the capital structure of this company, eBay Inc. [EBAY] has a Total Debt to Total Equity ratio set at 293.45. Additionally, EBAY Total Debt to Total Capital is recorded at 74.58, with Total Debt to Total Assets ending up at 46.34. Long-Term Debt to Equity for the company is recorded at 251.92, with the Long-Term Debt to Total Capital now at 64.03.
Reflecting on the efficiency of the workforce at the company, eBay Inc. [EBAY] managed to generate an average of $134,737 per employee. Receivables Turnover for the company is 7.90 with a Total Asset Turnover recorded at a value of 0.52.eBay Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.60 and a Current Ratio set at 1.60.
eBay Inc. [EBAY]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, eBay Inc. posted 0.67/share EPS, while the average EPS was predicted by analysts to be reported at 0.64/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 4.70%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for EBAY. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for eBay Inc. go to 15.92%.
An analysis of insider ownership at eBay Inc. [EBAY]
There are presently around $36,162 million, or 94.40% of EBAY stock, in the hands of institutional investors. The top three institutional holders of EBAY stocks are: VANGUARD GROUP INC with ownership of 52,599,487, which is approximately -13.904% of the company’s market cap and around 0.20% of the total institutional ownership; BLACKROCK INC., holding 46,137,823 shares of the stock with an approximate value of $2.5 billion in EBAY stocks shares; and COMPREHENSIVE FINANCIAL MANAGEMENT LLC, currently with $1.79 billion in EBAY stock with ownership of nearly 0% of the company’s market capitalization.
Positions in eBay Inc. stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 447 institutional holders increased their position in eBay Inc. [NASDAQ:EBAY] by around 85,208,018 shares. Additionally, 455 investors decreased positions by around 93,041,320 shares, while 134 investors held positions by with 488,078,569 shares. The mentioned changes placed institutional holdings at 666,327,907 shares, according to the latest SEC report filing. EBAY stock had 187 new institutional investments in for a total of 17,017,394 shares, while 74 institutional investors sold positions of 9,438,868 shares during the same period.