Growth Story Still Intact For EBay Inc (EBAY)

EBay Inc (EBAY) concluded trading on Thursday at a closing price of $64.75, with 5.67 million shares of worth about $367.4 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 21.62% during that period and on January 23, 2025 the price saw a gain of about 1.36%. Currently the company’s common shares owned by public are about 482.00M shares, out of which, 477.47M shares are available for trading.

Stock saw a price change of -0.55% in past 5 days and over the past one month there was a price change of 1.25%. Year-to-date (YTD), EBAY shares are showing a performance of 4.52% which increased to 57.70% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $40.74 but also hit the highest price of $71.52 during that period. The average intraday trading volume for EBay Inc shares is 4.71 million. The stock is currently trading 0.93% above its 20-day simple moving average (SMA20), while that difference is up 1.90% for SMA50 and it goes to 10.88% higher than SMA200.

EBay Inc (NASDAQ: EBAY) currently have 482.00M outstanding shares and institutions hold larger chunk of about 94.38% of that.

The stock has a current market capitalization of $31.02B and its 3Y-monthly beta is at 1.34. PE ratio of stock for trailing 12 months is 16.35, while it has posted earnings per share of $3.96 in the same period. Its PEG reads 1.65 and has Quick Ratio of 1.25 while making debt-to-equity ratio of 1.45. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for EBAY, volatility over the week remained 2.37% while standing at 2.67% over the month.

Analysts are in expectations that EBay Inc (EBAY) stock would likely to be making an EPS of 1.2 in the current quarter, while forecast for next quarter EPS is 1.33 and it is 5.22 for next year. For the current quarter EPS, analysts have given the company a lowest target 1.14 which is 1.23 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of 1.07 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 13.91% while it is estimated to increase by 8.41% in next year. EPS is likely to shrink at an annualized rate of 9.91% for next 5-years, compared to annual growth of 15.28% 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 Jefferies on December 10, 2024 offering an Underperform rating for the stock and assigned a target price range of between $60 and $52 to it. Coverage by Wedbush stated EBay Inc (EBAY) stock as a Neutral in their note to investors on December 09, 2024, suggesting a price target of $70 for the stock. On November 05, 2024, Bernstein Upgrade their recommendations, while on October 23, 2024, Needham Resumed their ratings for the stock with a price target of $72. Stock get a Neutral rating from Cantor Fitzgerald on September 05, 2024.

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