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After finishing at $56.81 in the prior trading day, Etsy Inc (NASDAQ: ETSY) closed at $55.44, down -2.41%. In other words, the price has decreased by -$2.41 from its previous closing price. On the day, 2.97 million shares were traded. ETSY stock price reached its highest trading level at $57.66 during the session, while it also had its lowest trading level at $55.11.
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 5.93 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.03. For the most recent quarter (mrq), Quick Ratio is recorded 2.39 and its Current Ratio is at 2.39.
On October 15, 2024, Goldman Downgraded its rating to Sell which previously was Neutral and also lowered its target price recommendation from $70 to $45.
On September 05, 2024, Cantor Fitzgerald started tracking the stock assigning a Neutral rating and target price of $50.Cantor Fitzgerald initiated its Neutral rating on September 05, 2024, with a $50 target price.
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 Dec 05 ’24 when Buckley Merilee sold 908 shares for $60.00 per share. The transaction valued at 54,480 led to the insider holds 0 shares of the business.
Kumar Rachana sold 1,000 shares of ETSY for $60,000 on Dec 05 ’24. The CHIEF TECHNOLOGY OFFICER now owns 26,660 shares after completing the transaction at $60.00 per share. On Dec 05 ’24, another insider, Buckley Merilee, who serves as the Officer of the company, bought 908 shares for $60.00 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 6236556288 and an Enterprise Value of 7733878272. As of this moment, Etsy’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.29, and their Forward P/E ratio for the next fiscal year is 21.42. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 9.43. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.22. Its current Enterprise Value per Revenue stands at 2.764 whereas that against EBITDA is 17.628.
Stock Price History:
Over the past 52 weeks, ETSY has reached a high of $86.29, while it has fallen to a 52-week low of $47.10. The 50-Day Moving Average of the stock is 3.29%, while the 200-Day Moving Average is calculated to be -5.70%.
Shares Statistics:
The stock has traded on average 3.78M shares per day over the past 3-months and 5007990 shares per day over the last 10 days, according to various share statistics. A total of 112.85M shares are outstanding, with a floating share count of 111.41M. Insiders hold about 0.97% of the company’s shares, while institutions hold 108.12% stake in the company. Shares short for ETSY as of 1732838400 were 19224001 with a Short Ratio of 5.09, compared to 1730332800 on 17694106. Therefore, it implies a Short% of Shares Outstanding of 19224001 and a Short% of Float of 19.610001.
