eBay (NASDAQ:EBAY) Price Target Lowered to $90.00 at Rothschild & Co Redburn

eBay (NASDAQ:EBAY) had its price objective decreased by Rothschild & Co Redburn from $95.00 to $90.00 in a research note released on Friday,MarketScreener reports.

Other analysts also recently issued research reports about the company. Deutsche Bank Aktiengesellschaft lifted their price target on eBay from $96.00 to $100.00 in a research note on Thursday, October 30th. Cowen reiterated a “hold” rating on shares of eBay in a report on Monday, October 20th. The Goldman Sachs Group boosted their target price on eBay from $72.00 to $78.00 and gave the company a “sell” rating in a research note on Thursday, October 30th. Citigroup reaffirmed a “market outperform” rating on shares of eBay in a research report on Thursday, October 30th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of eBay from $66.00 to $68.00 and gave the company a “neutral” rating in a report on Friday, July 11th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eighteen have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $94.38.

eBay Trading Up 3.6%

Shares of EBAY stock traded up $2.95 during trading hours on Friday, reaching $83.80. The company had a trading volume of 5,570,538 shares, compared to its average volume of 5,697,107. The company has a 50 day moving average of $90.74 and a 200 day moving average of $83.31. eBay has a 1-year low of $58.71 and a 1-year high of $101.15. The firm has a market cap of $37.88 billion, a price-to-earnings ratio of 18.22, a P/E/G ratio of 2.39 and a beta of 1.29. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.00 and a quick ratio of 1.00.

eBay (NASDAQ:EBAY) last issued its quarterly earnings data on Wednesday, October 29th. The e-commerce company reported $1.36 EPS for the quarter, topping the consensus estimate of $1.33 by $0.03. eBay had a return on equity of 41.45% and a net margin of 20.37%.The business had revenue of $2.82 billion for the quarter, compared to the consensus estimate of $2.73 billion. During the same quarter last year, the business posted $1.19 EPS. The firm’s revenue was up 9.5% compared to the same quarter last year. eBay has set its FY 2025 guidance at 4.090-4.140 EPS. Q4 2025 guidance at 1.310-1.360 EPS. On average, equities research analysts anticipate that eBay will post 3.86 EPS for the current year.

eBay Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 12th. Investors of record on Friday, November 28th will be paid a $0.29 dividend. The ex-dividend date of this dividend is Friday, November 28th. This represents a $1.16 annualized dividend and a dividend yield of 1.4%. eBay’s dividend payout ratio (DPR) is currently 25.22%.

Insider Activity

In other news, SVP Jordan Douglas Bradle Sweetnam sold 35,305 shares of the company’s stock in a transaction dated Tuesday, November 4th. The shares were sold at an average price of $81.54, for a total value of $2,878,769.70. Following the sale, the senior vice president directly owned 2,862 shares of the company’s stock, valued at approximately $233,367.48. This represents a 92.50% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Mazen Rawashdeh sold 1,910 shares of the company’s stock in a transaction that occurred on Wednesday, September 17th. The shares were sold at an average price of $89.31, for a total value of $170,582.10. Following the completion of the sale, the senior vice president owned 3,824 shares in the company, valued at $341,521.44. This represents a 33.31% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 63,317 shares of company stock valued at $5,361,568. 0.64% of the stock is owned by insiders.

Institutional Investors Weigh In On eBay

Several hedge funds have recently added to or reduced their stakes in the business. Miracle Mile Advisors LLC lifted its stake in shares of eBay by 0.4% during the 3rd quarter. Miracle Mile Advisors LLC now owns 29,151 shares of the e-commerce company’s stock worth $2,651,000 after buying an additional 118 shares during the last quarter. Garrett Wealth Advisory Group LLC raised its holdings in eBay by 3.8% in the 2nd quarter. Garrett Wealth Advisory Group LLC now owns 3,278 shares of the e-commerce company’s stock valued at $244,000 after acquiring an additional 119 shares during the period. Groupe la Francaise lifted its position in eBay by 8.2% during the second quarter. Groupe la Francaise now owns 1,621 shares of the e-commerce company’s stock worth $121,000 after acquiring an additional 123 shares during the last quarter. Hemington Wealth Management boosted its holdings in shares of eBay by 7.7% during the second quarter. Hemington Wealth Management now owns 1,742 shares of the e-commerce company’s stock worth $129,000 after acquiring an additional 124 shares during the period. Finally, Parkside Financial Bank & Trust grew its position in shares of eBay by 9.0% in the second quarter. Parkside Financial Bank & Trust now owns 1,666 shares of the e-commerce company’s stock valued at $124,000 after purchasing an additional 137 shares during the last quarter. Institutional investors and hedge funds own 87.48% of the company’s stock.

eBay Company Profile

eBay Inc, together with its subsidiaries, operates marketplace platforms that connect buyers and sellers in the United States, the United Kingdom, China, Germany, and internationally. The company’s marketplace platform includes its online marketplace at ebay.com, off-platform businesses, and the eBay suite of mobile apps.