Shares of eBay Inc. (NASDAQ:EBAY – Get Free Report) have earned a consensus recommendation of “Hold” from the thirty-six ratings firms that are currently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation, nineteen have assigned a hold recommendation, fourteen have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $94.6875.
Several research firms have weighed in on EBAY. Morgan Stanley upped their price target on eBay from $89.00 to $102.00 and gave the stock an “overweight” rating in a research note on Monday, October 20th. JMP Securities raised shares of eBay from a “market perform” rating to a “market outperform” rating and set a $115.00 target price on the stock in a report on Friday, October 24th. UBS Group set a $95.00 target price on shares of eBay in a research report on Thursday, October 30th. Deutsche Bank Aktiengesellschaft raised their target price on shares of eBay from $96.00 to $100.00 in a research note on Thursday, October 30th. Finally, Susquehanna boosted their price target on shares of eBay from $70.00 to $95.00 and gave the stock a “neutral” rating in a research note on Friday, August 1st.
Get Our Latest Stock Report on EBAY
eBay Stock Up 0.6%
eBay (NASDAQ:EBAY – Get Free Report) last posted its quarterly earnings results on Wednesday, October 29th. The e-commerce company reported $1.36 EPS for the quarter, beating analysts’ consensus estimates of $1.33 by $0.03. The business had revenue of $2.82 billion for the quarter, compared to analysts’ expectations of $2.73 billion. eBay had a return on equity of 41.45% and a net margin of 20.37%.The business’s quarterly revenue was up 9.5% on a year-over-year basis. During the same period last year, the firm earned $1.19 earnings per share. eBay has set its FY 2025 guidance at 4.090-4.140 EPS. Q4 2025 guidance at 1.310-1.360 EPS. On average, sell-side analysts forecast that eBay will post 3.86 earnings per share for the current fiscal year.
eBay Dividend Announcement
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 given a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Friday, November 28th. eBay’s payout ratio is currently 25.22%.
Insider Transactions at eBay
In related news, CEO Jamie Iannone sold 7,221 shares of the firm’s stock in a transaction on Wednesday, November 5th. The stock was sold at an average price of $81.08, for a total value of $585,478.68. Following the completion of the sale, the chief executive officer directly owned 235,781 shares in the company, valued at $19,117,123.48. This trade represents a 2.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Mazen Rawashdeh sold 1,910 shares of the firm’s stock in a transaction dated Wednesday, September 17th. The stock was sold at an average price of $89.31, for a total transaction of $170,582.10. Following the completion of the sale, the senior vice president owned 3,824 shares of the company’s stock, valued at $341,521.44. This trade represents a 33.31% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 63,317 shares of company stock valued at $5,361,568 over the last 90 days. Insiders own 0.64% of the company’s stock.
Institutional Trading of eBay
Large investors have recently made changes to their positions in the stock. Princeton Global Asset Management LLC increased its position in eBay by 433.9% during the 2nd quarter. Princeton Global Asset Management LLC now owns 331 shares of the e-commerce company’s stock valued at $25,000 after purchasing an additional 269 shares during the period. Wealth Preservation Advisors LLC bought a new position in shares of eBay during the first quarter valued at approximately $26,000. Financial Consulate Inc. purchased a new position in eBay during the third quarter valued at approximately $27,000. GFG Capital LLC bought a new position in eBay in the second quarter worth approximately $28,000. Finally, Steigerwald Gordon & Koch Inc. purchased a new stake in eBay during the third quarter worth $28,000. 87.48% of the stock is owned by hedge funds and other institutional investors.
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.
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