Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
After finishing at $49.65 in the prior trading day, EBay Inc. (NASDAQ: EBAY) closed at $49.38, down -0.54%. In other words, the price has decreased by -$0.54 from its previous closing price. On the day, 5.81 million shares were traded. EBAY stock price reached its highest trading level at $50.16 during the session, while it also had its lowest trading level at $49.245.
Ratios:
Our goal is to gain a better understanding of EBAY by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.05 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.42. For the most recent quarter (mrq), Quick Ratio is recorded 1.99 and its Current Ratio is at 1.99. In the meantime, Its Debt-to-Equity ratio is 1.31 whereas as Long-Term Debt/Eq ratio is at 1.04.
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, Morgan Stanley on April 18, 2024, Upgraded its rating to Overweight and sets its target price to $962 from $35 previously.
On April 18, 2024, Morgan Stanley Upgraded its rating to Overweight which previously was Underweight and also upped its target price recommendation from $35 to $62.
Mizuho reiterated its Neutral rating for the stock on January 17, 2024, while the target price for the stock was revised from $42 to $40.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 01 ’24 when SPENCER REBECCA sold 2,278 shares for $47.20 per share. The transaction valued at 107,522 led to the insider holds 3,815 shares of the business.
Garcia Edward O sold 1,165 shares of EBAY for $50,130 on Feb 20 ’24. The SVP, Chief Product Officer now owns 31,888 shares after completing the transaction at $43.03 per share. On Dec 19 ’23, another insider, Boone Cornelius, who serves as the SVP, Chief People Officer of the company, sold 4,930 shares for $42.66 each. As a result, the insider received 210,314 and left with 49,897 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EBAY now has a Market Capitalization of 25144938496 and an Enterprise Value of 25081280512. As of this moment, EBay’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.87, and their Forward P/E ratio for the next fiscal year is 9.85. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.40. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.46 while its Price-to-Book (P/B) ratio in mrq is 4.01. Its current Enterprise Value per Revenue stands at 2.469 whereas that against EBITDA is 9.706.
Stock Price History:
Over the past 52 weeks, EBAY has reached a high of $52.93, while it has fallen to a 52-week low of $37.17. The 50-Day Moving Average of the stock is -2.48%, while the 200-Day Moving Average is calculated to be 10.77%.
Shares Statistics:
The stock has traded on average 6.83M shares per day over the past 3-months and 6194310 shares per day over the last 10 days, according to various share statistics. A total of 517.00M shares are outstanding, with a floating share count of 504.44M. Insiders hold about 0.31% of the company’s shares, while institutions hold 93.92% stake in the company. Shares short for EBAY as of 1713139200 were 16610170 with a Short Ratio of 2.43, compared to 1710460800 on 19313872. Therefore, it implies a Short% of Shares Outstanding of 16610170 and a Short% of Float of 3.7100002.
Dividends & Splits
In the trailing 12 months, EBAY’s forward annual dividend rate was 1.02, compared to 1.02 this year. Against a Trailing Annual Dividend Yield of 0.020543806The stock’s 5-year Average Dividend Yield is 1.55.
