Etsy Inc (ETSY) concluded trading on Thursday at a closing price of $49.65, with 2.66 million shares of worth about $131.85 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -27.42% during that period and on October 10, 2024 the price saw a loss of about -2.19%. Currently the company’s common shares owned by public are about 119.07M shares, out of which, 113.66M shares are available for trading.
Stock saw a price change of -2.84% in past 5 days and over the past one month there was a price change of -4.37%. Year-to-date (YTD), ETSY shares are showing a performance of -38.74% which decreased to -22.07% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $50.34 but also hit the highest price of $89.58 during that period. The average intraday trading volume for Etsy Inc shares is 4.03 million. The stock is currently trading -7.11% below its 20-day simple moving average (SMA20), while that difference is down -8.19% for SMA50 and it goes to -22.28% lower than SMA200.
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Etsy Inc (NASDAQ: ETSY) currently have 119.07M outstanding shares and institutions hold larger chunk of about 104.91% of that.
The stock has a current market capitalization of $5.70B and its 3Y-monthly beta is at 1.99. PE ratio of stock for trailing 12 months is 23.07, while it has posted earnings per share of $2.15 in the same period. Its PEG reads 6.53 and has Quick Ratio of 2.41. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ETSY, volatility over the week remained 2.46% while standing at 3.11% over the month.
Stock’s fiscal year EPS is expected to rise by 4.49% while it is estimated to increase by 14.08% in next year. EPS is likely to shrink at an annualized rate of 3.53% for next 5-years, compared to annual growth of 29.72% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Cantor Fitzgerald on September 05, 2024 offering a Neutral rating for the stock and assigned a target price of $50 to it. Coverage by Piper Sandler stated Etsy Inc (ETSY) stock as a Neutral in their note to investors on August 23, 2024, suggesting a price target of $56 for the stock. Stock get a Sell rating from Loop Capital on May 02, 2024.
