Etsy Inc (ETSY) concluded trading on Tuesday at a closing price of $52.89, with 3.91 million shares of worth about $206.79 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -9.22% during that period and on December 31, 2024 the price saw a loss of about -1.75%. Currently the company’s common shares owned by public are about 112.85M shares, out of which, 111.41M shares are available for trading.
Stock saw a price change of -4.60% in past 5 days and over the past one month there was a price change of -3.59%. Year-to-date (YTD), ETSY shares are showing a performance of -34.74% which decreased to -34.74% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $47.10 but also hit the highest price of $82.84 during that period. The average intraday trading volume for Etsy Inc shares is 3.68 million. The stock is currently trading -7.36% below its 20-day simple moving average (SMA20), while that difference is down -1.93% for SMA50 and it goes to -9.43% lower than SMA200.
Etsy Inc (NASDAQ: ETSY) currently have 112.85M outstanding shares and institutions hold larger chunk of about 108.12% of that.
The stock has a current market capitalization of $5.85B and its 3Y-monthly beta is at 1.99. PE ratio of stock for trailing 12 months is 26.99, while it has posted earnings per share of $1.96 in the same period. Its PEG reads 9.00 and has Quick Ratio of 2.39. 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 3.28% while standing at 4.14% over the month.
Stock’s fiscal year EPS is expected to rise by 0.66% while it is estimated to increase by 14.81% in next year. EPS is likely to shrink at an annualized rate of 3.00% 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 Needham on October 23, 2024 offering a Buy rating for the stock and assigned a target price of $60 to it. Coverage by Goldman stated Etsy Inc (ETSY) stock as a Sell in their note to investors on October 15, 2024, suggesting a price target of $45 for the stock. On September 05, 2024, Cantor Fitzgerald Initiated their recommendations, while on August 23, 2024, Piper Sandler Resumed their ratings for the stock with a price target of $56. Stock get a Perform rating from Oppenheimer on August 01, 2024.