EBay Inc. (EBAY) stock expected to gain 12.26% in the coming months

At the time of writing, EBay Inc. [EBAY] stock is trading at $51.40, down -0.87%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The EBAY shares have lost -1.00% over the last week, with a monthly amount glided 2.62%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

EBay Inc. [NASDAQ: EBAY] stock has seen the most recent analyst activity on January 17, 2024, when Mizuho reiterated its Neutral rating and also revised its price target to $40 from $42. On January 09, 2024, BMO Capital Markets initiated with a Market Perform rating and assigned a price target of $49 on the stock. Stifel started tracking the stock assigning a Hold rating and suggested a price target of $46 on October 17, 2023. Credit Suisse reiterated its recommendation of a Outperform and raised its price target to $57 on July 24, 2023. Wells Fargo started tracking with a Equal Weight rating for this stock on June 08, 2023, and assigned it a price target of $45. In a note dated April 27, 2023, UBS reiterated an Neutral rating on this stock and boosted its target price from $47 to $49.

For the past year, the stock price of EBay Inc. fluctuated between $37.17 and $52.93. Currently, Wall Street analysts expect the stock to reach $57.7 within the next 12 months. EBay Inc. [NASDAQ: EBAY] shares were valued at $51.40 at the most recent close of the market. An investor can expect a potential return of 12.26% based on the average EBAY price forecast.

Analyzing the EBAY fundamentals

According to EBay Inc. [NASDAQ:EBAY], the company’s sales were 10.06B for trailing twelve months, which represents an 5.37% jump. Gross Profit Margin for this corporation currently stands at 0.72% with Operating Profit Margin at 0.2%, Pretax Profit Margin comes in at 0.37%, and Net Profit Margin reading is 0.27%. To continue investigating profitability, this company’s Return on Assets is posted at 0.13, Equity is 0.48 and Total Capital is 0.12. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.23.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 50.88 points at the first support level, and at 50.36 for the second support level. However, for the 1st resistance point, the stock is sitting at 52.37, and for the 2nd resistance point, it is at 53.34.

Ratios To Look Out For

It is important to note that EBay Inc. [NASDAQ:EBAY] has a current ratio of 2.44. As well, the Quick Ratio is 2.44, while the Cash Ratio is 0.44. Considering the valuation of this stock, the price to sales ratio is 2.65, the price to book ratio is 4.15 and price to earnings (TTM) ratio is 9.87.

Transactions by insiders

Recent insider trading involved SPENCER REBECCA, VP, Chief Accounting Officer, that happened on Mar 01 ’24 when 2278.0 shares were sold. SVP, Chief Product Officer, Garcia Edward O completed a deal on Feb 20 ’24 to sell 1165.0 shares. Meanwhile, SVP, Chief People Officer Boone Cornelius sold 4930.0 shares on Dec 19 ’23.

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