eBay Company Profile (NASDAQ:EBAY)

eBay trades on the NASDAQ under the ticker symbol "EBAY."

eBay announced that its board has initiated a share buyback plan on Friday, July 21st 2017, which permits the company to buyback $3,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 7.5% of its stock through open market purchases. Stock buyback plans are often an indication that the company's leadership believes its stock is undervalued.

eBay Inc. (NASDAQ:EBAY) released its quarterly earnings data on Thursday, July, 20th. The company reported $0.45 earnings per share (EPS) for the quarter, meeting the Zacks' consensus estimate of $0.45. The business had revenue of $2.33 billion for the quarter, compared to analysts' expectations of $2.31 billion. eBay had a net margin of 80.93% and a return on equity of 17.50%. The company's quarterly revenue was up 4.4% on a year-over-year basis. During the same period in the prior year, the firm posted $0.43 earnings per share. View eBay's Earnings History.

eBay is scheduled to release their next quarterly earnings announcement on Wednesday, October, 18th 2017. View Earnings Estimates for eBay.

eBay updated its FY17 earnings guidance on Thursday, July, 20th. The company provided earnings per share guidance of $1.98-2.03 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.01. The company issued revenue guidance of $9.3-9.5 billion, compared to the consensus revenue estimate of $9.42 billion.eBay also updated its Q3 guidance to $0.46-0.48 EPS.

36 brokerages have issued 1 year target prices for eBay's stock. Their predictions range from $28.00 to $45.00. On average, they expect eBay's share price to reach $37.59 in the next year. View Analyst Ratings for eBay.

Here are some recent quotes from research analysts about eBay stock:

• 1. Benchmark Co. analysts commented, "We are raising our 2018 projections, resulting in our incremental price target increase from $40 to $45 per share. While we believe the general benefits from the SD initiative are broadly appreciated, we think the migration to SEM remains largely under-discussed, likely because of its longer-tailed, less immediate beneficial nature. While the SEO benefits are largely apparent, as well as the site optimization efforts via increases in quality landing page traffic, increases in conversion and wallet share remain a key missing ingredient that we suspect will also have a further fly wheel effect on users, traffic and leverage via word-of-mouth marketing." (9/22/2017)
• 2. Stifel Nicolaus analysts commented, "Wednesday, April 19, after the market close. We expect 1Q results generally in line with our consensus-matching estimates of revenue of $2.20B reflecting 5.4% y/y FX adj. revenue growth (in line with guidance of 4%-6%) and non-GAAP EPS of $0.48 (at the high end of $0.46-$0.48 guidance). Focus will be on 1Q:17 execution and updated thoughts on 2017 guidance. We remain Hold rated as eBay progresses on its structured data and product improvement initiatives in an effort to support higher levels of sustainable growth which likely would be realized over time." (4/14/2017)
• 3. Maxim Group analysts commented, "eBay is expected to report 1Q17 earnings after market close on Wednesday, April 19, and host a call with investors at 5pm ET." (4/12/2017)
• 4. SunTrust Banks, Inc. analysts commented, "Bob" Peck sees results largely in line with the Street while expressing confidence in the turnaround of the company.Following are Peck's key estimates for the third quarter:"GMV at $20.4 billion, up ~4 percent YoY and versus the Street at $20.3 billion."Revenue of $2.185 billion, in line with consensus, and versus guidance of $2.16–$2.19 billion."Non-GAAP EPS of $0.44, versus guidance of $0.42–$0.44 and Street at $0.44."The analyst pointed out a recent data of ChannelAdvisor, suggesting U.S. GMV growth in the third quarter may have picked up modestly both sequentially and versus the year ago quarter.The fixed price business, which represents more than 80 percent of the retail marketplaces GMV, increased on a year-over-year basis for ChannelAdvisor's clients, reversing the declining trend during the past four months.Related Link: EBay Acquires Search Tech Company Corrigon Ltd"We are optimistic on the turnaround given the large base of buyers and sellers, and eBay's dominance within the long-tail, but acknowledge that much remains to be done even as competition is increasing," Peck wrote in a note.The analyst noted that close to 50 percent of unit sales on Amazon.com, Inc. (NASDAQ: AMZN) are by third party (3P) sellers, who also benefit from about 50 percent of U.S. households being Prime members and the "Fulfilled by Amazon" program.In addition, Wal-Mart Stores, Inc. (NYSE: WMT) recently acquired Jet.com to bolster its online efforts, and Facebook Inc (NASDAQ: FB) launched Marketplace, which can all support 3P sellers.According to Peck, eBay still needs to reposition the brand, reignite the buyer acquisition flywheel and arrest the decline in the C2C platform, which, according to management, "will take time to yield material results."On the positive note, Peck sees scope for rerating once visibility improves, given: "1) a leveraged equity shrink can create significant shareholder value, 2) disciplined M&A, and 3) shareholder-friendly management."That said, the company has to deal with modest growth in core business, stiff competition and tough from StubHub."While much remains to be done, we remain cautiously optimistic that growth could reaccelerate in the near-to-mid term," (10/10/2016)

eBay saw a increase in short interest in August. As of August 31st, there was short interest totalling 21,887,047 shares, an increase of 9.5% from the August 15th total of 19,989,248 shares. Based on an average daily volume of 6,827,381 shares, the days-to-cover ratio is currently 3.2 days. Currently, 2.2% of the company's shares are short sold.

Some companies that are related to eBay include JD.com (JD), MercadoLibre (MELI), Shopify (SHOP), Boohoo.Com PLC (BOO), The Trade Desk (TTD), Overstock.com (OSTK), AO World PLC (AO), Jumei International Holding Limited (JMEI), Mysale Group PLC (MYSL), Points International (PCOM), eve Sleep plc (EVE), CafePress (PRSS), Borderfree (BRDR), Cnova NV (CNV), E Commerce China Dangdang (DANG) and Geeknet (GKNT).

eBay's management team includes the folowing people:

• Thomas J. Tierney, Independent Chairman of the Board
• Devin Norse Wenig, President, Chief Executive Officer, Director
• Scott F. Schenkel, Chief Financial Officer, Senior Vice President - Finance
• Stephen Fisher, Senior Vice President, Chief Technology Officer
• Marie Oh Huber, Senior Vice President - Legal Affairs, General Counsel and Secretary
• Scott Cutler, Senior Vice President - Americas
• Jae Hyun Lee, Senior Vice President, Asia Pacific
• Jay Lee, Senior Vice President - EMEA
• Jooman Park, Senior Vice President - APAC
• Raymond J. Pittman, Senior Vice President, Chief Product Officer

eBay's stock is owned by a number of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (6.36%), BlackRock Inc. (5.84%), State Street Corp (3.87%), Magellan Asset Management Ltd (3.38%), Boston Partners (2.44%) and Jackson Square Partners LLC (1.96%). Company insiders that own eBay stock include Brian J Doerger, Harry A Lawton III, Jae Hyun Lee, Kathleen C Mitic, Kristin A Yetto, Logan Green, Paul S Pressler, Raymond J Pittman, Robert Holmes Swan, Stephen Fisher and Thomas J Tierney. View Institutional Ownership Trends for eBay.

eBay's stock was sold by a variety of institutional investors in the last quarter, including AJO LP, Boston Partners, Coatue Management LLC, M&T Bank Corp, FMR LLC, State Street Corp, Numeric Investors LLC and Investec Asset Management LTD. Company insiders that have sold eBay stock in the last year include Brian J Doerger, Harry A Lawton III, Jae Hyun Lee, Kathleen C Mitic, Raymond J Pittman, Robert Holmes Swan, Stephen Fisher and Thomas J Tierney. View Insider Buying and Selling for eBay.

eBay's stock was bought by a variety of institutional investors in the last quarter, including Glenview Capital Management LLC, Harding Loevner LP, Arrowstreet Capital Limited Partnership, Janus Henderson Group PLC, Independent Franchise Partners LLP, TIAA CREF Investment Management LLC, Teachers Advisors LLC and Parametric Portfolio Associates LLC. Company insiders that have bought eBay stock in the last two years include Logan Green and Paul S Pressler. View Insider Buying and Selling for eBay.

Shares of eBay can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of eBay stock can currently be purchased for approximately $38.29.