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The price of Etsy Inc (NASDAQ: ETSY) closed at $56.06 in the last session, up 1.83% from day before closing price of $55.05. In other words, the price has increased by $1.83 from its previous closing price. On the day, 1.92 million shares were traded. ETSY stock price reached its highest trading level at $56.36 during the session, while it also had its lowest trading level at $55.385.
Ratios:
We take a closer look at ETSY’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.03 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.18. For the most recent quarter (mrq), Quick Ratio is recorded 2.39 and its Current Ratio is at 2.39.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Jefferies on January 13, 2025, Upgraded its rating to Hold and sets its target price to $55 from $45 previously.
Goldman Downgraded its Neutral to Sell on October 15, 2024, whereas the target price for the stock was revised from $70 to $45.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jan 03 ’25 when Buckley Merilee sold 425 shares for $53.39 per share. The transaction valued at 22,692 led to the insider holds 0 shares of the business.
Daniel Nicholas sold 1,500 shares of ETSY for $80,358 on Jan 02 ’25. The CHIEF PRODUCT OFFICER now owns 23,698 shares after completing the transaction at $53.57 per share. On Jan 03 ’25, another insider, Buckley Merilee, who serves as the Officer of the company, bought 425 shares for $53.25 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ETSY now has a Market Capitalization of 6306301440 and an Enterprise Value of 7535891456. As of this moment, Etsy’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.61, and their Forward P/E ratio for the next fiscal year is 21.76. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.96. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.25. Its current Enterprise Value per Revenue stands at 2.693 whereas that against EBITDA is 17.177.
Stock Price History:
The Beta on a monthly basis for ETSY is 2.00, which has changed by -0.27278733 over the last 52 weeks, in comparison to a change of 0.21794415 over the same period for the S&P500. Over the past 52 weeks, ETSY has reached a high of $80.30, while it has fallen to a 52-week low of $47.10. The 50-Day Moving Average of the stock is 2.22%, while the 200-Day Moving Average is calculated to be -1.90%.
Shares Statistics:
According to the various share statistics, ETSY traded on average about 3.67M shares per day over the past 3-months and 2831750 shares per day over the past 10 days. A total of 112.85M shares are outstanding, with a floating share count of 111.32M. Insiders hold about 1.04% of the company’s shares, while institutions hold 108.73% stake in the company. Shares short for ETSY as of 1736899200 were 18930335 with a Short Ratio of 5.16, compared to 1734048000 on 19365247. Therefore, it implies a Short% of Shares Outstanding of 18930335 and a Short% of Float of 19.309999.
