EBay Inc. [NASDAQ: EBAY] price plunged by -0.54 percent to reach at -$0.27.
The one-year EBAY stock forecast points to a potential upside of 4.65. The average equity rating for EBAY stock is currently 2.67, trading closer to a bullish pattern in the stock market.
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 $51.79 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 2.67. 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.
Morgan Stanley have made an estimate for EBay Inc. shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on April 18, 2024. While these analysts kept the previous recommendation, Morgan Stanley raised their target price from $35 to $62. The new note on the price target was released on April 18, 2024, representing the official price target for EBay Inc. stock. Previously, the target price had yet another drop from $42 to $40, while Mizuho kept a Neutral rating on EBAY stock.
The Average True Range (ATR) for EBay Inc. is set at 1.12, with the Price to Sales ratio for EBAY stock in the period of the last 12 months amounting to 2.46. The Price to Book ratio for the last quarter was 4.01, with the Price to Cash per share for the same quarter was set at 16.19. Price to Free Cash Flow for EBAY in the course of the last twelve months was 14.42 with Quick ratio for the last quarter at 1.99.
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 -6.39. With this latest performance, EBAY shares dropped by -5.15% in over the last four-week period, additionally plugging by 26.65% over the last 6 months – not to mention a rise of 11.27% 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 41.04, with the RSI for the last a single of trading hit 35.37, and the three-weeks RSI is set at 45.74 for EBay Inc. [EBAY]. The present Moving Average for the last 50 days of trading for this stock 50.74, while it was recorded at 50.20 for the last single week of trading, and 44.58 for the last 200 days.
Insight into EBay Inc. Fundamentals:
EBay Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.99 and a Current Ratio set at 1.99.
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 7.04%.
EBay Inc. [EBAY] Institutonal Ownership Details
The top three institutional holders of EBAY stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in EBAY stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in EBAY stock with ownership which is approximately 5.8386%.
