eToro Group Ltd. (NASDAQ:ETOR) Receives Consensus Recommendation of "Moderate Buy" from Analysts

Key Points

• Seventeen analysts give eToro a consensus rating of "Moderate Buy" (10 Buy, 7 Hold) with an average 1‑year price target of $58.44.
• eToro beat estimates in its latest quarter, reporting EPS of $0.71 vs. $0.60 expected and revenue of $3.87 billion, with a return on equity of 21.35%.
• The stock trades near $31 with a market cap of about $2.54 billion and a P/E of 13.97, a 52‑week range of $24.74–$79.96, strong liquidity (current/quick ratios 4.89) and very low leverage (debt/equity 0.03).

eToro Group Ltd. (NASDAQ:ETOR - Get Free Report) has been given a consensus rating of "Moderate Buy" by the seventeen research firms that are presently covering the firm, Marketbeat reports. Seven equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $58.4375.

A number of research firms have recently commented on ETOR. Deutsche Bank Aktiengesellschaft upgraded eToro Group from a "hold" rating to a "buy" rating and set a $45.00 price objective on the stock in a research note on Tuesday, November 11th. TD Cowen decreased their target price on eToro Group from $54.00 to $50.00 and set a "buy" rating for the company in a research note on Wednesday, January 14th. Bank of America reaffirmed a "neutral" rating on shares of eToro Group in a report on Wednesday, February 18th. Susquehanna upgraded eToro Group from a "neutral" rating to a "positive" rating and upped their price target for the stock from $50.00 to $55.00 in a report on Wednesday, November 12th. Finally, Needham & Company LLC reissued a "buy" rating and issued a $58.00 price objective on shares of eToro Group in a research report on Wednesday, February 18th.

Institutional Trading of eToro Group

A number of hedge funds have recently bought and sold shares of ETOR. Caitong International Asset Management Co. Ltd acquired a new stake in eToro Group in the 4th quarter worth $25,000. Blue Trust Inc. acquired a new position in shares of eToro Group during the fourth quarter valued at about $42,000. Newbridge Financial Services Group Inc. bought a new stake in shares of eToro Group in the second quarter valued at about $82,000. SBI Securities Co. Ltd. bought a new stake in shares of eToro Group in the second quarter valued at about $128,000. Finally, Jones Financial Companies Lllp grew its position in eToro Group by 194.9% during the third quarter. Jones Financial Companies Lllp now owns 2,468 shares of the company's stock worth $101,000 after buying an additional 1,631 shares in the last quarter.

eToro Group Stock Performance

NASDAQ:ETOR opened at $31.02 on Wednesday. The firm has a market capitalization of $2.54 billion and a PE ratio of 13.97. eToro Group has a 1 year low of $24.74 and a 1 year high of $79.96. The company has a current ratio of 4.89, a quick ratio of 4.89 and a debt-to-equity ratio of 0.03. The firm's fifty day simple moving average is $30.91 and its 200 day simple moving average is $36.98.

eToro Group (NASDAQ:ETOR - Get Free Report) last released its earnings results on Tuesday, February 17th. The company reported $0.71 earnings per share for the quarter, topping analysts' consensus estimates of $0.60 by $0.11. eToro Group had a net margin of 1.56% and a return on equity of 21.35%. The firm had revenue of $3.87 billion during the quarter.

About eToro Group

eToro Group Ltd. NASDAQ: ETOR is a global multi-asset brokerage company known for its social trading platform. The company enables individual and institutional investors to trade and invest in a broad range of financial instruments, including stocks, exchange-traded funds (ETFs), commodities, indices, forex, and cryptocurrencies. eToro’s platform integrates a user-friendly interface with advanced trading tools, catering to both novice and experienced market participants.

A distinguishing feature of eToro’s offering is its CopyTrader™ functionality, which allows users to replicate the trades of selected investors on the platform.

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