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As of close of business last night, Etsy Inc’s stock clocked out at $49.33, down -4.71% from its previous closing price of $51.77. In other words, the price has decreased by -$4.71 from its previous closing price. On the day, 2.94 million shares were traded. ETSY stock price reached its highest trading level at $51.54 during the session, while it also had its lowest trading level at $49.27.
Ratios:
To gain a deeper understanding of ETSY’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.66 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.20. 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 the company, Goldman on October 15, 2024, Downgraded its rating to Sell and sets its target price to $45 from $70 previously.
On September 05, 2024, Cantor Fitzgerald started tracking the stock assigning a Neutral rating and target price of $50.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Oct 03 ’24 when Nadal Toni Thompson sold 1,443 shares for $51.11 per share. The transaction valued at 73,752 led to the insider holds 592 shares of the business.
Daniel Nicholas sold 750 shares of ETSY for $39,864 on Oct 01 ’24. The CHIEF PRODUCT OFFICER now owns 25,121 shares after completing the transaction at $53.15 per share. On Oct 03 ’24, another insider, Buckley Merilee, who serves as the CHIEF ACCOUNTING OFFICER of the company, sold 1,676 shares for $51.11 each. As a result, the insider received 85,660 and left with 0 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 5660716544 and an Enterprise Value of 7329408512. As of this moment, Etsy’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.92, and their Forward P/E ratio for the next fiscal year is 18.49. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 6.49. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.04. Its current Enterprise Value per Revenue stands at 2.644 whereas that against EBITDA is 16.854.
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 $48.07. The 50-Day Moving Average of the stock is -7.47%, while the 200-Day Moving Average is calculated to be -21.35%.
Shares Statistics:
It appears that ETSY traded 4.02M shares on average per day over the past three months and 3018200 shares per day over the past ten days. A total of 119.07M shares are outstanding, with a floating share count of 113.66M. Insiders hold about 0.95% of the company’s shares, while institutions hold 104.84% stake in the company. Shares short for ETSY as of 1727654400 were 16988997 with a Short Ratio of 4.23, compared to 1724976000 on 16061166. Therefore, it implies a Short% of Shares Outstanding of 16988997 and a Short% of Float of 16.939999999999998.
