eBay Inc. [NASDAQ: EBAY] stock went on an upward path that rose over 1.60% on Friday, amounting to a one-week price decrease of less than -5.99%. The company report on May 5, 2022 that The Chernin Group-Led Consortium to Acquire $263 Million in Funko, a Leading Pop Culture Lifestyle Brand.
Investor Consortium Includes eBay, Robert A. Iger and Rich Paul.
Mr. Iger and Peter Chernin to Serve as Advisors to the Funko Board of Directors.
Over the last 12 months, EBAY stock dropped by -18.35%. The one-year eBay Inc. stock forecast points to a potential upside of 19.61. The average equity rating for EBAY stock is currently 2.50, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $27.25 billion, with 607.00 million shares outstanding and 542.92 million shares in the current float. Compared to the average trading volume of 7.20M shares, EBAY stock reached a trading volume of 11273564 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on 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 $60.72 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.
Deutsche Bank have made an estimate for eBay Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on March 15, 2022. While these analysts kept the previous recommendation, Stifel dropped their target price from $80 to $70. The new note on the price target was released on February 24, 2022, representing the official price target for eBay Inc. stock. Previously, the target price had yet another drop from $85 to $73, while Piper Sandler kept a Overweight rating on EBAY stock. On February 24, 2022, analysts decreased their price target for EBAY shares from 65 to 60.
The Average True Range (ATR) for eBay Inc. is set at 2.06, with the Price to Sales ratio for EBAY stock in the period of the last 12 months amounting to 2.65. The Price to Book ratio for the last quarter was 3.03, with the Price to Cash per share for the same quarter was set at 13.08. Price to Free Cash Flow for EBAY in the course of the last twelve months was 12.71 with Quick ratio for the last quarter at 2.00.
EBAY Stock Performance Analysis:
eBay Inc. [EBAY] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -5.99. With this latest performance, EBAY shares dropped by -9.81% in over the last four-week period, additionally sinking by -36.01% over the last 6 months – not to mention a drop of -18.35% 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 35.38, with the RSI for the last a single of trading hit 32.73, and the three-weeks RSI is set at 37.46 for eBay Inc. [EBAY]. The present Moving Average for the last 50 days of trading for this stock 54.59, while it was recorded at 51.58 for the last single week of trading, and 65.37 for the last 200 days.
Insight into eBay Inc. Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and eBay Inc. [EBAY] shares currently have an operating margin of +28.85 and a Gross Margin at +74.66. eBay Inc.’s Net Margin is presently recorded at +2.40.
Return on Equity for this stock inclined to 3.78, with Return on Assets sitting at 1.10.
eBay Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.00 and a Current Ratio set at 2.00.
EBAY Stock EPS
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 9.73%.
eBay Inc. [EBAY] Insider Position Details
There are presently around $25,835 million, or 96.20% of EBAY stock, in the hands of institutional investors. The top three institutional holders of EBAY stocks are: VANGUARD GROUP INC with ownership of 46,694,614, which is approximately -3.267% of the company’s market cap and around 0.10% of the total institutional ownership; BLACKROCK INC., holding 45,596,081 shares of the stock with an approximate value of $2.23 billion in EBAY stocks shares; and FMR LLC, currently with $1.63 billion in EBAY stock with ownership of nearly -20.235% of the company’s market capitalization.
Positions in eBay Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 498 institutional holders increased their position in eBay Inc. [NASDAQ:EBAY] by around 38,768,721 shares. Additionally, 521 investors decreased positions by around 63,499,427 shares, while 188 investors held positions by with 427,021,917 shares. The mentioned changes placed institutional holdings at 529,290,065 shares, according to the latest SEC report filing. EBAY stock had 127 new institutional investments in for a total of 8,957,787 shares, while 126 institutional investors sold positions of 12,195,622 shares during the same period.