A share price of Etsy Inc [ETSY] is currently trading at $55.79, up 4.38%. An important factor to consider is whether the stock is rising or falling in short-term value. The ETSY shares have gain 7.19% over the last week, with a monthly amount glided 1.20%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Etsy Inc [NASDAQ: ETSY] stock has seen the most recent analyst activity on January 13, 2025, when Jefferies upgraded its rating to a Hold and also boosted its price target to $55 from $45. On October 15, 2024, downgrade downgraded it’s rating to Sell and revised its price target to $45 on the stock. Cantor Fitzgerald started tracking the stock assigning a Neutral rating and suggested a price target of $50 on September 05, 2024. Oppenheimer downgraded its rating to Perform for this stock on August 01, 2024. In a note dated July 16, 2024, Wolfe Research initiated an Peer Perform rating.
Etsy Inc experienced fluctuations in its stock price throughout the past year between $47.10 and $80.30. Currently, Wall Street analysts expect the stock to reach $59.09 within the next 12 months. Etsy Inc [NASDAQ: ETSY] shares were valued at $55.79 at the most recent close of the market. An investor can expect a potential return of 5.92% based on the average ETSY price forecast.
Analyzing the ETSY fundamentals
Trailing Twelve Months sales for Etsy Inc [NASDAQ:ETSY] were 2.80B which represents 4.10% growth. Gross Profit Margin for this corporation currently stands at 0.71% with Operating Profit Margin at 0.12%, Pretax Profit Margin comes in at 0.12%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.11, Equity is -0.43 and Total Capital is 0.18. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -3.83.
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 54.03 points at the first support level, and at 52.27 for the second support level. However, for the 1st resistance point, the stock is sitting at 57.15, and for the 2nd resistance point, it is at 58.51.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Etsy Inc [NASDAQ:ETSY] is 2.39. On the other hand, the Quick Ratio is 2.39, and the Cash Ratio is 1.48. Considering the valuation of this stock, the price to sales ratio is 2.24 and price to earnings (TTM) ratio is 28.47.
Transactions by insiders
Recent insider trading involved Buckley Merilee, CHIEF ACCOUNTING OFFICER, that happened on Jan 03 ’25 when 425.0 shares were sold. CHIEF PRODUCT OFFICER, Daniel Nicholas completed a deal on Jan 02 ’25 to sell 1500.0 shares. Meanwhile, Officer Buckley Merilee bought 425.0 shares on Jan 03 ’25.
