Etsy Inc [NASDAQ: ETSY] closed the trading session at $53.43.
The stocks have a year to date performance of -34.08 percent and weekly performance of 0.66 percent. The stock has been moved at -17.25 percent over the last six months. The stock has performed 4.13 percent around the most recent 30 days and changed -0.56 percent over the most recent 3-months.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
If compared to the average trading volume of 4.08M shares, ETSY reached to a volume of 3993380 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 Etsy Inc [ETSY]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ETSY shares is $59.48 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ETSY stock is a recommendation set at 2.83. 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 Etsy Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on October 23, 2024. While these analysts kept the previous recommendation, Goldman dropped their target price from $70 to $45. The new note on the price target was released on October 15, 2024, representing the official price target for Etsy Inc stock. Previously, the target price had yet another raise to $50, while Cantor Fitzgerald analysts kept a Neutral rating on ETSY stock.
The Average True Range (ATR) for Etsy Inc is set at 2.09, with the Price to Sales ratio for ETSY stock in the period of the last 12 months amounting to 2.15. Price to Free Cash Flow for ETSY in the course of the last twelve months was 8.75 with Quick ratio for the last quarter at 2.39.
ETSY stock trade performance evaluation
Etsy Inc [ETSY] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.66. With this latest performance, ETSY shares gained by 4.13% in over the last four-week period, additionally sinking by -17.25% over the last 6 months – not to mention a drop of -15.47% 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 ETSY stock in for the last two-week period is set at 56.94, with the RSI for the last a single of trading hit 61.22, and the three-weeks RSI is set at 53.61 for Etsy Inc [ETSY]. The present Moving Average for the last 50 days of trading for this stock 52.29, while it was recorded at 53.63 for the last single week of trading, and 61.14 for the last 200 days.
Etsy Inc [ETSY]: An insightful look at the core fundamentals
Etsy Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.39 and a Current Ratio set at 2.39.
Earnings per share (EPS) analysis for Etsy Inc [ETSY] stock
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 ETSY. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Etsy Inc go to 3.00%.
Etsy Inc [ETSY]: Institutional Ownership
There are presently around $103.93%, or 104.91%% of ETSY stock, in the hands of institutional investors. The top three institutional holders of ETSY stocks are: VANGUARD GROUP INC with ownership of 13.44 million shares, which is approximately 11.3502%. BLACKROCK INC., holding 10.14 million shares of the stock with an approximate value of $$598.0 million in ETSY stocks shares; and BLACKROCK INC., currently with $$344.86 million in ETSY stock with ownership which is approximately 4.9367%.
