eBay Inc. [EBAY] Revenue clocked in at $10.02 billion, down -33.14% YTD: What’s Next?

eBay Inc. [NASDAQ: EBAY] loss -0.16% or -0.07 points to close at $44.46 with a heavy trading volume of 4531648 shares. The company report on August 24, 2022 that eBay Inc. Announces Changes to its Board of Directors.


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New Independent Director, Aparna Chennapragada, brings significant technology expertise.

Katie Mitic, Founder & CEO of SomethingElse, to step down from eBay Board of Directors.

It opened the trading session at $44.26, the shares rose to $44.85 and dropped to $43.90, the range by which the price of stock traded the whole day. The daily chart for EBAY points out that the company has recorded -18.56% loss over the past six months. However, it is still -9.72% lower than its most recent low trading price.

If we look at the average trading volume of 6.12M shares, EBAY reached to a volume of 4531648 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 $54.63 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 2.60. 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.

Needham have made an estimate for eBay Inc. shares, keeping their opinion on the stock as Hold, with their previous recommendation back on August 01, 2022. While these analysts kept the previous recommendation, UBS dropped their target price from $60 to $48. The new note on the price target was released on June 28, 2022, representing the official price target for eBay Inc. stock. Previously, the target price had yet another raise to $36, while Morgan Stanley analysts kept a Underweight rating on EBAY stock. On June 10, 2022, analysts decreased their price target for EBAY shares from 52 to 42.

The Average True Range (ATR) for eBay Inc. is set at 1.47, with the Price to Sales ratio for EBAY stock in the period of the last 12 months amounting to 2.55. The Price to Book ratio for the last quarter was 4.71, with the Price to Cash per share for the same quarter was set at 5.57. Price to Free Cash Flow for EBAY in the course of the last twelve months was 55.55 with Quick ratio for the last quarter at 1.30.

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 -2.05. With this latest performance, EBAY shares dropped by -8.57% in over the last four-week period, additionally sinking by -18.56% over the last 6 months – not to mention a drop of -41.81% 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 39.44, with the RSI for the last a single of trading hit 33.35, and the three-weeks RSI is set at 43.00 for eBay Inc. [EBAY]. The present Moving Average for the last 50 days of trading for this stock 45.67, while it was recorded at 45.31 for the last single week of trading, and 54.64 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 +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 1.30 and a Current Ratio set at 1.30.

eBay Inc. [EBAY]: An earnings per share (EPS) analysis

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 8.92%.

An analysis of insider ownership at eBay Inc. [EBAY]

There are presently around $21,448 million, or 89.90% of EBAY stock, in the hands of institutional investors. The top three institutional holders of EBAY stocks are: VANGUARD GROUP INC with ownership of 53,238,065, which is approximately 15.333% of the company’s market cap and around 0.20% of the total institutional ownership; BLACKROCK INC., holding 44,222,134 shares of the stock with an approximate value of $1.97 billion in EBAY stocks shares; and STATE STREET CORP, currently with $1.09 billion in EBAY stock with ownership of nearly -11.535% of the company’s market capitalization.

Positions in eBay Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 342 institutional holders increased their position in eBay Inc. [NASDAQ:EBAY] by around 32,402,803 shares. Additionally, 561 investors decreased positions by around 54,145,703 shares, while 178 investors held positions by with 395,868,687 shares. The mentioned changes placed institutional holdings at 482,417,193 shares, according to the latest SEC report filing. EBAY stock had 70 new institutional investments in for a total of 5,419,862 shares, while 146 institutional investors sold positions of 7,759,007 shares during the same period.

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