Wall Street predicts EBay Inc. (EBAY) stock to surge by 6.75%

EBay Inc. [EBAY] stock prices are up 3.03% to $54.41 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The EBAY shares have gain 5.69% over the last week, with a monthly amount glided 5.98%, and seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

EBay Inc. [NASDAQ: EBAY] stock has seen the most recent analyst activity on April 18, 2024, when Morgan Stanley upgraded its rating to a Overweight and also boosted its price target to $962 from $35. Previously, Morgan Stanley upgraded its rating to Overweight on April 18, 2024, and elevated its price target to $62. On January 17, 2024, Mizuho reiterated its Neutral rating and revised its price target to $40 on the stock. BMO Capital Markets initiated its recommendation with a Market Perform and recommended $49 as its price target on January 09, 2024. Stifel started tracking with a Hold rating for this stock on October 17, 2023, and assigned it a price target of $46. In a note dated July 24, 2023, Credit Suisse reiterated an Outperform rating on this stock and boosted its target price from $56 to $57.

The stock price of EBay Inc. [EBAY] has been fluctuating between $37.17 and $53.03 over the past year. Currently, Wall Street analysts expect the stock to reach $58.08 within the next 12 months. EBay Inc. [NASDAQ: EBAY] shares were valued at $54.41 at the most recent close of the market. An investor can expect a potential return of 6.75% based on the average EBAY price forecast.

Analyzing the EBAY fundamentals

The EBay Inc. [NASDAQ:EBAY] reported sales of 10.14B for trailing twelve months, representing a surge of 3.43%. Gross Profit Margin for this corporation currently stands at 0.72% with Operating Profit Margin at 0.22%, Pretax Profit Margin comes in at 0.35%, and Net Profit Margin reading is 0.26%. To continue investigating profitability, this company’s Return on Assets is posted at 0.12, Equity is 0.44 and Total Capital is 0.14. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.25.

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 53.41 points at the first support level, and at 52.41 for the second support level. However, for the 1st resistance point, the stock is sitting at 55.00, and for the 2nd resistance point, it is at 55.59.

Ratios To Look Out For

It’s worth pointing out that EBay Inc. [NASDAQ:EBAY]’s Current Ratio is 1.99. In addition, the Quick Ratio stands at 1.99 and the Cash Ratio stands at 0.42. Considering the valuation of this stock, the price to sales ratio is 2.71, the price to book ratio is 4.41 and price to earnings (TTM) ratio is 10.87.

Transactions by insiders

Recent insider trading involved Huber Marie Oh, SVP, General Counsel & Sec., that happened on May 03 ’24 when 49070.0 shares were sold. VP, Chief Accounting Officer, SPENCER REBECCA completed a deal on Mar 01 ’24 to sell 2278.0 shares. Meanwhile, SVP, Chief Product Officer Garcia Edward O sold 1165.0 shares on Feb 20 ’24.

Related Posts