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 Trading Up 2.4 %

Shares of NASDAQ:EBAY traded up $1.17 during midday trading on Tuesday, reaching $49.85. The company's stock had a trading volume of 179,341 shares, compared to its average volume of 5,150,286. The firm has a market capitalization of $27.39 billion, a price-to-earnings ratio of 118.22, a PEG ratio of 2.02 and a beta of 1.22. The company has a debt-to-equity ratio of 1.25, a quick ratio of 1.28 and a current ratio of 1.28. The firm has a 50 day moving average price of $45.18 and a two-hundred day moving average price of $50.55. eBay has a fifty-two week low of $40.52 and a fifty-two week high of $81.19.

eBay (NASDAQ:EBAY - Get Rating) last posted its quarterly earnings results on Wednesday, August 3rd. The e-commerce company reported $0.99 earnings per share for the quarter, topping analysts' consensus estimates 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 prior year, the company posted $0.82 EPS. As a group, analysts forecast that eBay will post 3.24 earnings per share for the current year.

eBay Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 16th. Shareholders of record on Thursday, September 1st will be issued a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 1.77%. The ex-dividend date is Wednesday, August 31st. eBay's dividend payout ratio is currently 209.53%.

Wall Street Analyst Weigh In

Several analysts recently weighed in on EBAY shares. JPMorgan Chase & Co. dropped their price target on eBay from $54.00 to $46.00 and set a "neutral" rating for the company in a report on Wednesday, June 29th. Sanford C. Bernstein initiated coverage on eBay in a research note on Monday, May 23rd. They set a "market perform" rating and a $50.00 price objective on the stock. Cowen lowered their price objective on eBay to $52.00 in a research note on Tuesday, August 9th. Mizuho lowered their price objective on eBay from $50.00 to $45.00 and set a "neutral" rating on the stock in a research note on Thursday, August 4th. Finally, UBS Group lifted their price target on eBay from $48.00 to $52.00 and gave the company a "neutral" rating in a research note on Thursday, August 4th. Two research analysts have rated the stock with a sell rating, eighteen have given a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $60.24.

Insiders Place Their Bets

In other eBay news, CAO Brian J. Doerger sold 3,633 shares of the business's stock in a transaction that occurred 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 sale, the chief accounting officer now directly owns 14,929 shares of the company's stock, valued at approximately $715,845.55. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, CAO Brian J. Doerger sold 3,633 shares of the company's stock in a transaction that occurred 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 completion of the transaction, the chief accounting officer now directly owns 14,929 shares of the company's stock, valued at $715,845.55. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CAO Brian J. Doerger sold 7,942 shares of the company's stock in a transaction that occurred 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 directly owns 18,562 shares of the company's stock, valued at $838,259.92. The disclosure for this sale can be found here. Corporate insiders own 0.17% of the company's stock.