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The closing price of Etsy Inc (NASDAQ: ETSY) was $51.04 for the day, down -4.47% from the previous closing price of $53.43. In other words, the price has decreased by -$4.47 from its previous closing price. On the day, 3.25 million shares were traded. ETSY stock price reached its highest trading level at $53.5 during the session, while it also had its lowest trading level at $50.64.
Ratios:
Our analysis of ETSY’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.49 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.36. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 01 ’24 when Daniel Nicholas sold 750 shares for $52.50 per share. The transaction valued at 39,371 led to the insider holds 24,371 shares of the business.
Daniel Nicholas bought 750 shares of ETSY for $38,235 on Nov 01 ’24. On Oct 03 ’24, another insider, Nadal Toni Thompson, who serves as the CHIEF HUMAN RESOURCES OFFICER of the company, sold 1,443 shares for $51.11 each. As a result, the insider received 73,752 and left with 592 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 5741591552 and an Enterprise Value of 7084796416. As of this moment, Etsy’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.05, and their Forward P/E ratio for the next fiscal year is 19.67. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 8.68. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.05. Its current Enterprise Value per Revenue stands at 2.532 whereas that against EBITDA is 16.149.
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 $47.10. The 50-Day Moving Average of the stock is -2.22%, while the 200-Day Moving Average is calculated to be -16.41%.
Shares Statistics:
ETSY traded an average of 4.09M shares per day over the past three months and 4564920 shares per day over the past ten days. A total of 119.07M shares are outstanding, with a floating share count of 111.42M. Insiders hold about 0.95% of the company’s shares, while institutions hold 106.15% stake in the company. Shares short for ETSY as of 1730332800 were 17694106 with a Short Ratio of 4.32, compared to 1727654400 on 16988997. Therefore, it implies a Short% of Shares Outstanding of 17694106 and a Short% of Float of 18.040001.
Earnings Estimates
The firm’s stock currently is rated by 22.0 analysts. The consensus estimate for the next quarter is $0.49, with high estimates of $0.6 and low estimates of $0.38.
Analysts are recommending an EPS of between $2.54 and $2.08 for the fiscal current year, implying an average EPS of $2.27. EPS for the following year is $2.62, with 26.0 analysts recommending between $3.27 and $2.18.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 24 analysts. It ranges from a high estimate of $875.2M to a low estimate of $856.6M. As of the current estimate, Etsy Inc’s year-ago sales were $842.32MFor the next quarter, 24 analysts are estimating revenue of $661.81M. There is a high estimate of $683M for the next quarter, whereas the lowest estimate is $644.9M.
A total of 29 analysts have provided revenue estimates for ETSY’s current fiscal year. The highest revenue estimate was $2.83B, while the lowest revenue estimate was $2.81B, resulting in an average revenue estimate of $2.82B. In the same quarter a year ago, actual revenue was $2.75BBased on 31 analysts’ estimates, the company’s revenue will be $2.9B in the next fiscal year. The high estimate is $3B and the low estimate is $2.82B.
