eBay Inc. (NASDAQ:EBAY) saw a downside of -2.04% to close Tuesday at $46.69 after subtracting -$0.97 on the day. The 5-day average trading volume is 4,119,440 shares of the company’s common stock. It has gained $47.83 in the past week and touched a new high 2 times within the past 5 days. An average of 4,387,970 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 5,085,712.
EBAY’s 1-month performance is 13.11% or $6.52 on its low of $39.70 reached on 12/27/22. The company’s shares have touched a 52-week low of $35.92 and high of $60.65, with the stock’s rally to the 52-week high happening on 01/23/23. YTD, EBAY has achieved 12.59% or $5.22 and has reached a new high 9 times. However, the current price is down -23.02% from the 52-week high price.
EBAY stock investors last saw insider trading activity on Nov 10.Doerger Brian J. (VP, Chief Accounting Officer) most recently sold 9,542 shares at $44.12 per share on Nov 10. This transaction cost the insider $420,983. VP, Chief Accounting Officer, Doerger Brian J., sold 4,311 shares at a price of $41.89 on Nov 08. Then, on Oct 26, Director SWAN ROBERT HOLMES sold 25,000 shares at a price of $40.00 per share. This transaction amounted to $1,000,000.
EBAY stock has a beta of 1.30. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 2.50 while the price-to-book (PB) in the most recent quarter is 5.27, with the price to cash flow ratio at 25.05.
eBay Inc.’s quick ratio for the period ended September 29 was 1.30, with the current ratio over the same period at 1.30. As well, the company’s long term debt to equity for the quarter ending September 29 was 1.36, while the total debt to equity was 1.59.. In terms of profitability, the gross margin trailing 12 months is 72.80%. The firm’s gross profit as reported stood at $7.77 billion against revenue of $10.42 billion.
For the quarterly period ending September 29 this year, Net income and sales went down compared to those figures reported in the previous quarter. Net income grew 15656.52% to -$69.0 million, while revenue of -$531.0 million was -669.57% off the previous quarter. Analysts expected EBAY to announce $0.93 per share in earnings in its latest quarter, but it posted $1, representing a 7.50% surprise. EBITDA for the quarter stood at more than $672.0 million. EBAY stock balance sheet for the quarter ending September 29 shows that total liabilities totaled 14.24 billion, with total debt at $8.3 billion. Shareholders hold equity totaling $542.66 million.
Let’s look briefly at eBay Inc. (EBAY) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 24 January was 60.83% to suggest the stock is trending Neutral, with historical volatility in this time period at 28.61%.
The stock’s 5-day moving average is $46.51, reflecting a -0.17% or -$0.08 change from its current price. EBAY is currently trading +16.38% above its 20-day SMA, +5.04% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +15.09% and SMA200 by-13.73%.
Stochastic %K and %D was 88.38% and 85.59% and the average true range (ATR) pointed at 1.26. The RSI (14) points at 60.32%, while the 14-day stochastic is at 79.39% with the period’s ATR at 1.27. The stock’s 9-day MACD Oscillator is pointing at 0.49 and 1.40 on the 14-day charts.
In the most recent analyst report for eBay Inc. (NASDAQ: EBAY), Citigroup launched coverage with a Neutral rating. Analysts offering their rating for EBAY stock have a consensus rating for the stock as Hold. Currently, 2 brokerage advisors rate EBAY as a “sell,”, while 21 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 3 rates the stock as overweight while 6 have offered a “buy” rating.
What is EBAY’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $32.00 and a high of $62.00, with their median price target at $46.00. Looking at these predictions, the average price target given by analysts is for eBay Inc. (EBAY) stock is $46.70.