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.

Analyst Upgrades and Downgrades

A number of brokerages have commented on EBAY. Credit Suisse Group lifted their target price on shares of eBay from $59.00 to $60.00 and gave the stock an "outperform" rating in a research note on Thursday, August 4th. Evercore ISI boosted their price target on shares of eBay to $52.00 in a research note on Tuesday, August 9th. UBS Group boosted their price target on shares of eBay from $48.00 to $52.00 and gave the company a "neutral" rating in a research note on Thursday, August 4th. JPMorgan Chase & Co. reduced their price target on shares of eBay from $54.00 to $46.00 and set a "neutral" rating on the stock in a research note on Wednesday, June 29th. Finally, The Goldman Sachs Group downgraded shares of eBay from a "neutral" rating to a "sell" rating and reduced their price target for the company from $52.00 to $42.00 in a research note on Thursday, June 9th. Two research analysts have rated the stock with a sell rating, eighteen have issued a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat, eBay currently has an average rating of "Hold" and an average price target of $60.24.

eBay Trading Down 1.9 %

NASDAQ:EBAY opened at $48.57 on Thursday. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 1.25. eBay has a 52 week low of $40.52 and a 52 week high of $81.19. The stock has a market capitalization of $26.68 billion, a PE ratio of 115.65, a price-to-earnings-growth ratio of 2.02 and a beta of 1.22. The firm has a 50 day moving average of $45.24 and a two-hundred day moving average of $50.53.

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

eBay Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, September 16th. Stockholders of record on Thursday, September 1st will be issued a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 1.81%. The ex-dividend date is Wednesday, August 31st. eBay's payout ratio is 209.53%.

Insider Activity

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