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.

Wall Street Analysts Forecast Growth

EBAY has been the subject of several research analyst reports. UBS Group lifted their target price on eBay from $48.00 to $52.00 and gave the stock a "neutral" rating in a research report on Thursday, August 4th. Wells Fargo & Company decreased their price objective on eBay from $65.00 to $58.00 in a report on Friday, May 6th. Credit Suisse Group lifted their price objective on eBay from $59.00 to $60.00 and gave the company an "outperform" rating in a report on Thursday, August 4th. JPMorgan Chase & Co. decreased their price objective on eBay from $54.00 to $46.00 and set a "neutral" rating for the company in a report on Wednesday, June 29th. Finally, Sanford C. Bernstein started coverage on eBay in a report on Monday, May 23rd. They issued a "market perform" rating and a $50.00 price objective for the company. Two analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and ten have assigned a buy rating to the company's stock. According to data from MarketBeat.com, eBay presently has a consensus rating of "Hold" and an average target price of $60.24.

eBay Stock Performance

NASDAQ:EBAY traded down $1.07 during trading hours on Wednesday, reaching $48.43. The stock had a trading volume of 104,355 shares, compared to its average volume of 5,108,577. 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 has a 52-week low of $40.52 and a 52-week high of $81.19. The stock has a fifty day moving average of $45.22 and a 200 day moving average of $50.54. The stock has a market cap of $26.61 billion, a P/E ratio of 117.86, a price-to-earnings-growth ratio of 1.99 and a beta of 1.22.

eBay (NASDAQ:EBAY - Get Rating) last released its quarterly earnings data 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 firm posted $0.82 EPS. Sell-side analysts predict 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 given a $0.22 dividend. The ex-dividend date is Wednesday, August 31st. This represents a $0.88 annualized dividend and a yield of 1.82%. eBay's dividend payout ratio is presently 209.53%.

Insiders Place Their Bets

In other news, CAO Brian J. Doerger sold 7,942 shares of the company's stock in a transaction that occurred on Monday, May 23rd. The stock was sold at an average price of $45.16, for a total transaction 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 approximately $838,259.92. The sale was disclosed in a filing with the SEC, which is available at this link. 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 transaction 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 approximately $715,845.55. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CAO Brian J. Doerger sold 7,942 shares of the company's stock in a transaction that occurred 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 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. Insiders own 0.17% of the company's stock.