EBay Inc (EBAY) stock hits $63.90: Is it a good time to buy or wait for a dip?

EBay Inc [EBAY] stock is trading at $63.90, up 1.16%. An important factor to consider is whether the stock is rising or falling in short-term value. The EBAY shares have gain 0.44% over the last week, with a monthly amount glided 3.90%, 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 December 10, 2024, when Jefferies downgraded its rating to a Underperform and also revised its price target to $52 from $60. Previously, Wedbush started tracking the stock with Neutral rating on December 09, 2024, and set its price target to $70. On November 05, 2024, upgrade upgraded it’s rating to Outperform but maintained its price target of $70 on the stock. Cantor Fitzgerald initiated its recommendation with a Neutral and recommended $62 as its price target on September 05, 2024.

EBay Inc [EBAY] stock has fluctuated between $40.16 and $67.80 over the past year. Currently, Wall Street analysts expect the stock to reach $64.3 within the next 12 months. EBay Inc [NASDAQ: EBAY] shares were valued at $63.90 at the most recent close of the market. An investor can expect a potential return of 0.63% based on the average EBAY price forecast.

Analyzing the EBAY fundamentals

EBay Inc [NASDAQ:EBAY] reported sales of 10.29B for the trailing twelve months, which represents a growth of 3.56%. Gross Profit Margin for this corporation currently stands at 0.72% with Operating Profit Margin at 0.24%, Pretax Profit Margin comes in at 0.26%, and Net Profit Margin reading is 0.2%. To continue investigating profitability, this company’s Return on Assets is posted at 0.1, Equity is 0.34 and Total Capital is 0.18. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.37.

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 63.10 points at the first support level, and at 62.29 for the second support level. However, for the 1st resistance point, the stock is sitting at 64.64, and for the 2nd resistance point, it is at 65.37.

Ratios To Look Out For

For context, EBay Inc’s Current Ratio is 1.25. On the other hand, the Quick Ratio is 1.25, and the Cash Ratio is 0.28. Considering the valuation of this stock, the price to sales ratio is 2.98, the price to book ratio is 5.68 and price to earnings (TTM) ratio is 16.14.

Transactions by insiders

Recent insider trading involved IANNONE JAMIE, President and CEO, that happened on Dec 04 ’24 when 5625.0 shares were sold. President and CEO, IANNONE JAMIE completed a deal on Dec 03 ’24 to sell 5625.0 shares. Meanwhile, Officer James Joseph Iannone bought 11250.0 shares on Dec 03 ’24.

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