Etsy Inc [NASDAQ: ETSY] plunged by -$3.05 during the normal trading session on while it closed the day at $46.95.
Etsy Inc stock has also loss -8.28% of its value over the past 7 days. However, ETSY stock has declined by -15.34% in the 3 months of the year. Over the past six months meanwhile, it has lost -14.26% and lost -11.23% year-on date.
The market cap for ETSY stock reached $5.03 billion, with 108.54 million shares outstanding and 105.96 million shares in the current float. Compared to the average trading volume of 3.66M shares, ETSY reached a trading volume of 5653341 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 $54.12 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 2.69. 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.
Jefferies have made an estimate for Etsy Inc shares, keeping their opinion on the stock as Hold, with their previous recommendation back on January 13, 2025. While these analysts kept the previous recommendation, Needham raised their target price to Buy. The new note on the price target was released on October 23, 2024, representing the official price target for Etsy Inc stock. Previously, the target price had yet another drop from $70 to $45, while Goldman kept a Sell rating on ETSY stock.
The Average True Range (ATR) for Etsy Inc is set at 2.45, with the Price to Sales ratio for ETSY stock in the period of the last 12 months amounting to 1.79. Price to Free Cash Flow for ETSY in the course of the last twelve months was 7.09 with Quick ratio for the last quarter at 2.00.
ETSY stock trade performance evaluation
Etsy Inc [ETSY] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -8.28. With this latest performance, ETSY shares dropped by -12.99% in over the last four-week period, additionally sinking by -14.26% over the last 6 months – not to mention a drop of -30.66% 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 32.50, with the RSI for the last a single of trading hit 27.07, and the three-weeks RSI is set at 36.33 for Etsy Inc [ETSY]. The present Moving Average for the last 50 days of trading for this stock 53.38, while it was recorded at 49.33 for the last single week of trading, and 55.65 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 2.00 and a Current Ratio set at 2.00.
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 13.95%.
Etsy Inc [ETSY]: Institutional Ownership
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 $$598.0 million in ETSY stocks shares; and BLACKROCK INC., currently with $$339.96 million in ETSY stock with ownership which is approximately 4.9506%.
