Long-Term Investors Should Consider Buying the Dips in eBay Inc. [EBAY] Stock

eBay Inc. [EBAY] shares are up more than 47.77% this year and recently increased 0.02% or $0.83 to settle at $51.35. Analysts expect EBAY to grow earnings at a 18.07% annual rate over the next 5 years. EBAY has a short ratio of 2.75. This implies that the market is currently less bullish on the outlook for EBAY.

On 1, December 2020, eBay Names Julie Loeger Global Chief Growth Officer. According to news published on Yahoo Finance, Company brings together Global Marketing and Global Customer Experience to focus on customer acquisition, retention and service.

Analyst Birdseye View:

The most recent analyst activity for eBay Inc. [NASDAQ:EBAY] stock was on August 20, 2020, when it was Upgrade with a Hold rating from CFRA. Before that, on September 25, 2020, Piper Sandler Recapitulated an Overweight rating and elevated its amount target to $65. On June 26, 2020, Deutsche Bank Upgrade a Buy rating and boosted its price target on this stock to $57. On June 10, 2020, Jefferies Upgrade a Hold rating and increased its price target from $30 to $52. On June 09, 2020, Wells Fargo Upgrade an Equal weight rating and increased its price target to $50. On June 05, 2020, BMO Capital Markets Downgrade a Market perform rating and boosted its amount target on this stock to $52. On May 11, 2020, CFRA Downgrade a Sell rating. On April 27, 2020, Mizuho Upgrade a Neutral rating and improved its amount target to $42.

In the past 52 weeks of trading, this stock has oscillated between a low of $26.02 and a peak of $61.06. Right now, according to Wall Street analyst the average 12-month amount target is $62.25. At the most recent market close, shares of eBay Inc. [NASDAQ:EBAY] were valued at $51.35. According to the average price forecast, investors can expect a potential return of -3.55%.

FUNDAMENTAL ANALYSIS

eBay Inc. [NASDAQ:EBAY] most recently reported quarterly sales of 2.6 billion, which represented growth of 25.10%. This publicly-traded organization’s revenue is $805,940 per employee, while its income is $134,737 per employee. This company’s Gross Margin is currently 76.70%, its Operating Margin is 26.00%, its Pretax Margin is +20.59, and its Net Margin is +16.72. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 8.74, 39.17, 17.29 and 14.89 respectively.

The Principal structure of this organization shows its whole liability to whole principal at 74.58 and the whole liability to whole assets at 46.34. It shows enduring liability to the whole principal at 64.03 and enduring liability to assets at 0.40 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 50.63 points at 1st support level, the second support level is making up to 49.90. But as of 1st resistance point, this stock is sitting at 51.81 and at 52.26 for 2nd resistance point.

eBay Inc. [EBAY] reported its earnings at $0.85 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.77/share signifying the difference of 0.08 and 10.40% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were $1.02 calling estimates for $1.06/share with the difference of -0.04 depicting the surprise of -3.80%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for eBay Inc. [NASDAQ:EBAY] is 1.80. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.69. Now if looking for a valuation of this stock’s amount to sales ratio it’s 2.88, it’s amount to book ratio is 10.02 and showing 16.28 of P/E (TTM) ratio.

Insider Stories

The most recent insider trade was by Doerger Brian J., VP, Chief Accounting Officer, and it was the sale of 4670.0 shares on Nov 24. Thompson Pete, the SVP, Chief Product Officer, completed a sale of 2094.0 shares on Nov 19. On Nov 09, Huber Marie Oh, SVP, General Counsel & Sec., completed a sale of 8452.0 shares.