Market cap of eBay Inc. [EBAY] reaches 37.64B – now what?

eBay Inc. [NASDAQ: EBAY] plunged by -$0.12 during the normal trading session on Tuesday and reaching a high of $55.13 during the day while it closed the day at $54.20. The company report on October 19, 2020 that eBay Canada announces its Hall of Fame to celebrate 25 years of eBay and 25 Canadian entrepreneurs.

The program shines a spotlight on passionate and resilient entrepreneurs from coast-to-coast that exemplify the spirit of eBay since its launch 25 years ago.

TORONTO, Oct. 19, 2020 /CNW/ – Online marketplace leader, eBay Canada, has launched the eBay Hall of Fame to showcase 25 sellers as part of marking eBay’s 25th anniversary milestone. The program recognizes the entrepreneurial spirit of 25 unique eBay sellers from across Canada, featuring the compelling personal and business stories that led them to the platform.

eBay Inc. stock has also loss -5.89% of its value over the past 7 days. However, EBAY stock has declined by -3.80% in the 3 months of the year. Over the past six months meanwhile, it has gained 41.70% and gained 50.10% year-on date.

The market cap for EBAY stock reached $37.64 billion, with 703.00 million shares outstanding and 674.52 million shares in the current float. Compared to the average trading volume of 8.27M shares, EBAY reached a trading volume of 6340644 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say 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 $62.03 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.

Piper Sandler have made an estimate for eBay Inc. shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on September 25, 2020. The new note on the price target was released on August 20, 2020, representing the official price target for eBay Inc. stock. Previously, the target price had yet another raise to $57, while Deutsche Bank analysts kept a Buy rating on EBAY stock. On June 10, 2020, analysts increased their price target for EBAY shares from 30 to 52.

The Average True Range (ATR) for eBay Inc. is set at 1.78, with the Price to Sales ratio for EBAY stock in the period of the last 12 months amounting to 3.51. The Price to Book ratio for the last quarter was 13.12, with the Price to Cash per share for the same quarter was set at 7.61. Price to Free Cash Flow for EBAY in the course of the last twelve months was 15.11 with Quick ratio for the last quarter at 1.60.

EBAY stock trade performance evaluation

eBay Inc. [EBAY] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -5.89. With this latest performance, EBAY shares gained by 8.10% in over the last four-week period, additionally plugging by 41.70% over the last 6 months – not to mention a rise of 38.05% 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 50.32, with the RSI for the last a single of trading hit 51.19, and the three-weeks RSI is set at 51.57 for eBay Inc. [EBAY]. The present Moving Average for the last 50 days of trading for this stock 53.90, while it was recorded at 55.24 for the last single week of trading, and 44.97 for the last 200 days.

eBay Inc. [EBAY]: An insightful look at the core fundamentals

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.

Earnings per share (EPS) analysis for eBay Inc. [EBAY] stock

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%.

eBay Inc. [EBAY]: Insider Ownership positions

There are presently around $35,940 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 3.50% 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 439 institutional holders increased their position in eBay Inc. [NASDAQ:EBAY] by around 83,287,901 shares. Additionally, 458 investors decreased positions by around 91,682,965 shares, while 133 investors held positions by with 488,135,275 shares. The mentioned changes placed institutional holdings at 663,106,141 shares, according to the latest SEC report filing. EBAY stock had 183 new institutional investments in for a total of 15,421,034 shares, while 71 institutional investors sold positions of 8,034,862 shares during the same period.

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