eBay Inc. (NASDAQ:EBAY) Given Consensus Recommendation of "Hold" by Analysts

Shares of eBay Inc. (NASDAQ:EBAY - Get Free Report) have been given an average rating of "Hold" by the twenty-nine ratings firms that are currently covering the stock, MarketBeat reports. Two analysts have rated the stock with a sell recommendation, seventeen have given a hold recommendation, nine have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $67.42.

Several research analysts have recently weighed in on the company. TD Securities boosted their target price on eBay from $62.00 to $64.00 and gave the stock a "hold" rating in a report on Thursday, May 1st. JMP Securities reissued a "market perform" rating on shares of eBay in a report on Thursday, May 1st. Barclays upped their price objective on shares of eBay from $72.00 to $77.00 and gave the company an "overweight" rating in a research note on Thursday, May 1st. Sanford C. Bernstein downgraded shares of eBay from an "outperform" rating to a "market perform" rating and decreased their target price for the stock from $70.00 to $65.00 in a research note on Tuesday, April 22nd. Finally, StockNews.com upgraded shares of eBay from a "hold" rating to a "buy" rating in a research report on Saturday, April 26th.

eBay Stock Up 1.8%

Shares of NASDAQ EBAY opened at $71.84 on Friday. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 1.14. The stock has a market capitalization of $33.12 billion, a PE ratio of 18.05, a price-to-earnings-growth ratio of 2.22 and a beta of 1.30. eBay has a 12-month low of $51.02 and a 12-month high of $71.90. The stock's fifty day simple moving average is $66.49 and its two-hundred day simple moving average is $65.43.

eBay (NASDAQ:EBAY - Get Free Report) last issued its earnings results on Wednesday, April 30th. The e-commerce company reported $1.38 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.34 by $0.04. The company had revenue of $2.59 billion during the quarter, compared to analyst estimates of $2.55 billion. eBay had a return on equity of 30.97% and a net margin of 19.68%. The firm's quarterly revenue was up 1.1% on a year-over-year basis. During the same quarter last year, the business posted $1.25 EPS. As a group, analysts expect that eBay will post 3.86 EPS for the current fiscal year.

eBay Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 13th. Shareholders of record on Friday, May 30th will be paid a $0.29 dividend. The ex-dividend date of this dividend is Friday, May 30th. This represents a $1.16 annualized dividend and a yield of 1.61%. eBay's payout ratio is currently 27.62%.

Insider Buying and Selling at eBay

In other eBay news, SVP Cornelius Boone sold 3,958 shares of eBay stock in a transaction on Tuesday, March 18th. The shares were sold at an average price of $67.06, for a total value of $265,423.48. Following the transaction, the senior vice president now owns 94,392 shares in the company, valued at $6,329,927.52. This trade represents a 4.02% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Julie A. Loeger sold 127,070 shares of eBay stock in a transaction on Friday, May 9th. The shares were sold at an average price of $69.43, for a total transaction of $8,822,470.10. Following the transaction, the senior vice president now owns 123,282 shares in the company, valued at $8,559,469.26. The trade was a 50.76% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 187,755 shares of company stock worth $12,943,715 in the last quarter. 0.38% of the stock is owned by insiders.

Hedge Funds Weigh In On eBay

Institutional investors have recently added to or reduced their stakes in the company. Wealth Preservation Advisors LLC acquired a new position in eBay in the 1st quarter worth $26,000. Golden State Wealth Management LLC bought a new position in eBay in the 4th quarter worth about $27,000. Orion Capital Management LLC bought a new position in eBay in the 4th quarter worth about $27,000. Abound Financial LLC bought a new position in eBay in the 1st quarter worth about $29,000. Finally, Pinney & Scofield Inc. acquired a new stake in shares of eBay in the 4th quarter worth approximately $31,000. Institutional investors and hedge funds own 87.48% of the company's stock.

eBay Company Profile

eBay Inc, together with its subsidiaries, operates marketplace platforms that connect buyers and sellers in the United States, the United Kingdom, China, Germany, and internationally. The company's marketplace platform includes its online marketplace at ebay.com, off-platform businesses, and the eBay suite of mobile apps.

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