Etsy Inc (NASDAQ: ETSY) Stock In Prove Me State

Etsy Inc (ETSY) concluded trading on Wednesday at a closing price of $51.53, with 13.3 million shares of worth about $685.22 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -4.41% during that period and on February 19, 2025 the price saw a loss of about -10.05%. Currently the company’s common shares owned by public are about 112.85M shares, out of which, 111.28M shares are available for trading.

Stock saw a price change of -3.30% in past 5 days and over the past one month there was a price change of -2.99%. Year-to-date (YTD), ETSY shares are showing a performance of -2.57% which decreased to -33.73% 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 $78.65 during that period. The average intraday trading volume for Etsy Inc shares is 3.36 million. The stock is currently trading -5.30% below its 20-day simple moving average (SMA20), while that difference is down -6.50% for SMA50 and it goes to -8.46% lower than SMA200.

Etsy Inc (NASDAQ: ETSY) currently have 112.85M outstanding shares and institutions hold larger chunk of about 111.38% of that.

The stock has a current market capitalization of $5.80B and its 3Y-monthly beta is at 2.23. PE ratio of stock for trailing 12 months is 26.30, while it has posted earnings per share of $1.96 in the same period. Its PEG reads 2.35 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 4.82% while standing at 3.96% over the month.

Stock’s fiscal year EPS is expected to rise by 8.26% while it is estimated to increase by 11.93% in next year. EPS is likely to shrink at an annualized rate of 11.17% 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 Jefferies on January 13, 2025 offering a Hold rating for the stock and assigned a target price range of between $45 and $55 to it. Coverage by Needham stated Etsy Inc (ETSY) stock as a Buy in their note to investors on October 23, 2024, suggesting a price target of $60 for the stock. On October 15, 2024, Goldman Downgrade their recommendations, while on September 05, 2024, Cantor Fitzgerald Initiated their ratings for the stock with a price target of $50. Stock get a Neutral rating from Piper Sandler on August 23, 2024.

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