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In the latest session, Etsy Inc (NASDAQ: ETSY) closed at $52.71 down -2.10% from its previous closing price of $53.84. In other words, the price has decreased by -$2.10 from its previous closing price. On the day, 2.57 million shares were traded. ETSY stock price reached its highest trading level at $53.88 during the session, while it also had its lowest trading level at $52.355.
Ratios:
For a deeper understanding of Etsy Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.56 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.45. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 5929453056 and an Enterprise Value of 7272658944. As of this moment, Etsy’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.90, and their Forward P/E ratio for the next fiscal year is 20.36. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 8.97. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.07. Its current Enterprise Value per Revenue stands at 2.599 whereas that against EBITDA is 16.577.
Stock Price History:
Over the past 52 weeks, ETSY has reached a high of $83.31, while it has fallen to a 52-week low of $47.10. The 50-Day Moving Average of the stock is -2.10%, while the 200-Day Moving Average is calculated to be -9.95%.
Shares Statistics:
For the past three months, ETSY has traded an average of 3.72M shares per day and 4834040 over the past ten days. 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 1734048000 were 19365247 with a Short Ratio of 5.20, compared to 1731628800 on 19417428. Therefore, it implies a Short% of Shares Outstanding of 19365247 and a Short% of Float of 19.75.
