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 Price Performance

EBAY Stock traded up $0.87 during midday trading on Friday, hitting $49.44. 2,885,801 shares of the stock were exchanged, compared to its average volume of 5,326,359. The stock's 50-day moving average price is $45.16 and its 200-day moving average price is $50.70. The stock has a market cap of $27.16 billion, a price-to-earnings ratio of 117.72, a PEG ratio of 1.98 and a beta of 1.22. eBay has a fifty-two week low of $40.52 and a fifty-two week high of $81.19. The company has a debt-to-equity ratio of 1.25, a quick ratio of 1.28 and a current ratio of 1.28.

eBay (NASDAQ:EBAY - Get Rating) last issued its quarterly earnings data on Wednesday, August 3rd. The e-commerce company reported $0.99 earnings per share (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 quarter in the previous year, the firm earned $0.82 earnings per share. Research analysts predict that eBay will post 3.24 earnings per share for the current year.

eBay Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 16th. Shareholders of record on Thursday, September 1st will be given a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 1.78%. The ex-dividend date of this dividend is Wednesday, August 31st. eBay's payout ratio is 209.53%.

Wall Street Analyst Weigh In

A number of research firms have recently commented on EBAY. Needham & Company LLC began coverage on eBay in a report on Monday, August 1st. They issued a "hold" rating on the stock. Barclays dropped their price objective on eBay from $60.00 to $59.00 and set an "overweight" rating on the stock in a report on Thursday, August 4th. Deutsche Bank Aktiengesellschaft dropped their price target on eBay from $60.00 to $50.00 in a research note on Thursday, July 21st. UBS Group raised their price target on eBay from $48.00 to $52.00 and gave the stock a "neutral" rating in a research note on Thursday, August 4th. Finally, Piper Sandler dropped their price target on eBay from $63.00 to $59.00 and set an "overweight" rating on the stock in a research note on Thursday, August 4th. Two equities research analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat.com, eBay has an average rating of "Hold" and an average target price of $60.24.

Insiders Place Their Bets

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