1 time Within The Past Five Days, eBay Inc. (EBAY) Hit A New High


eBay Inc. (NASDAQ:EBAY) finished Thursday with a subtraction of -$0.63 to close at $38.30, a downside of -1.62 percent. An average of 7,091,040 shares of common stock have been traded in the last five days. There was a fall of -$4.36 in the past week, and it reached a new high 5 times over the past 12 months. The last 20 days have seen an average of 5,696,730 shares traded, while the 50-day average volume stands at 5,211,636.

EBAY stock has decreased by -15.69% in the last month. The company shares reached their 1-month lowest point of $38.01 on 09/22/22. With the stock rallying to its 52-week high on 01/06/22, shares of the company touched a low of $38.80 and a high of $81.19 in 52 weeks. It has reached a new high 3 times so far this year and lost -42.41% or -$28.20 in price. In spite of this, the price is down -52.83% from the 52-week high.

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Insider Transactions

44 days have passed since eBay Inc. (EBAY) last reported insider trading activity. Doerger Brian J., who is VP, Chief Accounting Officer, most recently acquired $12,107 shares at $49.13 per share on Aug 10. In this transaction, the insider spent $594,768. VP, Chief Accounting Officer, Doerger Brian J., disposed of 3,633 shares at a price of $47.95 on Jun 06. The insider now owns more than $174,217 worth of shares. Prior to that, VP, Chief Accounting Officer Doerger Brian J. went on to Sale 7,942 shares at $45.16 each on May 23. An amount of $358,669 was transacted.

Valuation Metrics

eBay Inc. (EBAY) stock’s beta is 1.23. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 2.13, the price-to-book (PB) ratio at 4.06, and the price-to-cash flow ratio at 46.46.

The company has a payout ratio of 194.00%. The company’s most recent quarterly dividend payment was $0.22 a share, without any change from last year. Its latest increase dividend $0.04 reported on Wednesday February 23 2022.

Financial Health

The quick ratio of eBay Inc. for the three months ended March 30 was 1.30, and the current ratio was 1.30, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 1.25 and a total debt to equity ratio of 1.47 for the quarter ending March 30. Its gross profit as reported stood at $7.77 billion compared to revenue of $10.42 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, eBay Inc.’s return on assets was 1.50%.

Earnings Surprise

For the three-month period that ended March 30, eBay Inc. had $6.58 billion in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of -$531.0 million in the quarter, while revenues of -$1.34 billion were grew 220.72%. The analyst consensus anticipated eBay Inc.’s latest quarter earnings to come in at $1.03 per share, but it turned out to be $1.05, a 1.90% surprise. For the quarter, EBITDA amounted to $638.0 million. Shareholders own equity worth $549.37 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at eBay Inc. (EBAY) price momentum. RSI 9-day as of the close on 22 September was 18.80%, suggesting the stock is oversold, with historical volatility in this time frame at 28.09%.

As of today, EBAY’s price is $40.10 -10.22% or -$4.36 from its 5-day moving average. EBAY is currently trading -15.88% lower than its 20-day SMA and -26.23% lower than its 100-day SMA. However, the stock’s current price level is -9.86% below the SMA50 and -42.03% below the SMA200.

The stochastic %K and %D were 2.90% and 5.17%, respectively, and the average true range (ATR) was 1.35. With the 14-day stochastic at 3.76% and the average true range at 1.38, the RSI (14) stands at 25.69%. The stock has reached -2.51 on the 9-day MACD Oscillator while the 14-day reading was at -3.47.

Analyst Ratings

Needham launched coverage on eBay Inc. (NASDAQ: EBAY) in its analyst report released on August 01, 2022. The firm assigned the stock a Hold rating. The consensus rating for eBay Inc. (EBAY) among analysts is Hold. According to current brokerage recommendations, 2 brokerage firms advise that investors sell EBAY, while 19 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 4 analysts, while 5 others rate it as a “buy”.

What is EBAY’s price target for the next 12 months?

Analysts predict a range of price targets between $37.00 and $66.00, with a median target of $52.00. Taking a look at these predictions, the average price target given by analysts for eBay Inc. (EBAY) stock is $53.26.


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