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After finishing at $51.92 in the prior trading day, Etsy Inc (NASDAQ: ETSY) closed at $51.74, down -0.35%. In other words, the price has decreased by -$0.35 from its previous closing price. On the day, 3.03 million shares were traded. ETSY stock price reached its highest trading level at $52.4 during the session, while it also had its lowest trading level at $50.7.
Ratios:
Our goal is to gain a better understanding of ETSY 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 5.94 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.60. For the most recent quarter (mrq), Quick Ratio is recorded 2.41 and its Current Ratio is at 2.41.
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 this company, Cantor Fitzgerald on September 05, 2024, initiated with a Neutral rating and assigned the stock a target price of $50.
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 Sep 03 ’24 when Daniel Nicholas sold 750 shares for $55.40 per share. The transaction valued at 41,550 led to the insider holds 18,083 shares of the business.
Daniel Nicholas bought 750 shares of ETSY for $41,302 on Sep 03 ’24. On Aug 20 ’24, another insider, BALLARD ANDY, who serves as the Director of the company, sold 1,860 shares for $53.84 each. As a result, the insider received 100,148 and left with 3,318 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, ETSY now has a Market Capitalization of 5937268736 and an Enterprise Value of 7325965824. As of this moment, Etsy’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.04, and their Forward P/E ratio for the next fiscal year is 19.33. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.58. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.14. Its current Enterprise Value per Revenue stands at 2.642 whereas that against EBITDA is 16.846.
Stock Price History:
Over the past 52 weeks, ETSY has reached a high of $89.58, while it has fallen to a 52-week low of $50.63. The 50-Day Moving Average of the stock is -9.69%, while the 200-Day Moving Average is calculated to be -22.54%.
Shares Statistics:
The stock has traded on average 3.45M shares per day over the past 3-months and 4052640 shares per day over the last 10 days, according to various share statistics. A total of 119.07M shares are outstanding, with a floating share count of 113.70M. Insiders hold about 0.91% of the company’s shares, while institutions hold 105.17% stake in the company. Shares short for ETSY as of 1723680000 were 14769877 with a Short Ratio of 4.66, compared to 1721001600 on 14947773. Therefore, it implies a Short% of Shares Outstanding of 14769877 and a Short% of Float of 14.719999999999999.
