eBay - EBAY Stock Forecast, Price & News

eBay Inc. operates marketplace platforms that connect buyers and sellers in the United States and internationally. The company's Marketplace platform includes its online marketplace at ebay.com and the eBay suite of mobile apps. Its platforms enable users to list, buy, sell, and pay for items through various online, mobile, and offline channels that include retailers, distributors, liquidators, import and export companies, auctioneers, catalog and mail-order companies, directories, search engines, commerce participants, shopping channels, and networks. The company was founded in 1995 and is headquartered in San Jose, California.

eBay Stock Performance

Shares of EBAY Stock traded down $0.59 during trading hours on Friday, hitting $47.28. The stock had a trading volume of 5,487,413 shares, compared to its average volume of 5,163,324. The stock's 50 day moving average is $45.11 and its 200 day moving average is $50.96. The firm has a market capitalization of $26.47 billion, a PE ratio of 112.57, a PEG ratio of 1.99 and a beta of 1.22. The company has a debt-to-equity ratio of 1.25, a current ratio of 1.28 and a quick ratio of 1.48. eBay has a twelve month low of $40.52 and a twelve month high of $81.19.

eBay (NASDAQ:EBAY - Get Rating) last issued its earnings results on Wednesday, August 3rd. The e-commerce company reported $0.99 EPS for the quarter, topping the consensus estimate of $0.90 by $0.09. eBay had a return on equity of 24.42% and a net margin of 3.60%. During the same period last year, the business posted $0.82 earnings per share. As a group, research analysts forecast that eBay will post 3.24 earnings per share for the current fiscal year.

eBay Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 16th. Investors of record on Thursday, September 1st will be given a dividend of $0.22 per share. The ex-dividend date is Wednesday, August 31st. This represents a $0.88 dividend on an annualized basis and a yield of 1.86%. eBay's dividend payout ratio (DPR) is presently 209.53%.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on EBAY. The Goldman Sachs Group lowered eBay from a "neutral" rating to a "sell" rating and dropped their price target for the company from $52.00 to $42.00 in a research report on Thursday, June 9th. JMP Securities initiated coverage on eBay in a research report on Wednesday, June 1st. They issued a "market perform" rating for the company. Mizuho lowered their price objective on eBay from $50.00 to $45.00 and set a "neutral" rating for the company in a research report on Thursday. Evercore ISI lowered their price objective on eBay from $59.00 to $50.00 and set an "in-line" rating for the company in a research report on Thursday, July 7th. Finally, Deutsche Bank Aktiengesellschaft lowered their price target on eBay from $60.00 to $50.00 in a research report on Thursday, July 21st. Two analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and ten have issued a buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Hold" and an average price target of $60.89.

Insider Buying and Selling

In other news, CAO Brian J. Doerger sold 3,633 shares of the firm's stock in a transaction on Monday, June 6th. The stock was sold at an average price of $47.95, for a total value of $174,202.35. Following the transaction, the chief accounting officer now directly owns 14,929 shares in the company, valued at approximately $715,845.55. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, CAO Brian J. Doerger sold 3,633 shares of eBay stock in a transaction dated Monday, June 6th. The stock was sold at an average price of $47.95, for a total transaction of $174,202.35. Following the completion of the transaction, the chief accounting officer now owns 14,929 shares in the company, valued at $715,845.55. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Brian J. Doerger sold 7,942 shares of eBay stock in a transaction that occurred on Monday, May 23rd. The shares were sold at an average price of $45.16, for a total transaction of $358,660.72. Following the completion of the sale, the chief accounting officer now owns 18,562 shares of the company's stock, valued at $838,259.92. The disclosure for this sale can be found here. 0.17% of the stock is owned by corporate insiders.