eBay (NASDAQ:EBAY) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of eBay (NASDAQ:EBAY) from a hold rating to a buy rating in a report published on Saturday.

Several other equities research analysts have also weighed in on the company. B. Riley lifted their price objective on eBay from $94.00 to $96.00 and gave the stock a “buy” rating in a report on Monday, October 20th. The Goldman Sachs Group lifted their target price on shares of eBay from $72.00 to $78.00 and gave the stock a “sell” rating in a research note on Thursday, October 30th. Piper Sandler lowered their price target on shares of eBay from $102.00 to $98.00 and set an “overweight” rating on the stock in a research report on Tuesday, November 11th. Deutsche Bank Aktiengesellschaft raised their price objective on shares of eBay from $96.00 to $100.00 in a report on Thursday, October 30th. Finally, Wedbush boosted their target price on shares of eBay from $90.00 to $95.00 and gave the company a “neutral” rating in a report on Friday, October 31st. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, twenty have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $94.41.

eBay Stock Up 3.9%

EBAY opened at $90.47 on Friday. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 1.06. The stock has a market cap of $40.89 billion, a price-to-earnings ratio of 19.67, a PEG ratio of 2.03 and a beta of 1.35. eBay has a twelve month low of $58.71 and a twelve month high of $101.15. The company’s 50-day moving average price is $84.33 and its two-hundred day moving average price is $86.79.

eBay (NASDAQ:EBAY) last issued its quarterly earnings results on Wednesday, October 29th. The e-commerce company reported $1.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.33 by $0.03. eBay had a net margin of 20.37% and a return on equity of 41.94%. The company had revenue of $2.82 billion during the quarter, compared to analyst estimates of $2.73 billion. During the same quarter last year, the business posted $1.19 EPS. eBay’s quarterly 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 and its Q4 2025 guidance at 1.310-1.360 EPS. As a group, equities analysts expect that eBay will post 3.86 earnings per share for the current year.

eBay Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 12th. Stockholders of record on Friday, November 28th were issued a $0.29 dividend. The ex-dividend date of this dividend was Friday, November 28th. This represents a $1.16 annualized dividend and a dividend yield of 1.3%. eBay’s dividend payout ratio is presently 25.22%.

Insider Activity at eBay

In related news, SVP Julie A. Loeger sold 2,896 shares of the business’s stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $82.44, for a total transaction of $238,746.24. Following the completion of the transaction, the senior vice president directly owned 55,990 shares in the company, valued at $4,615,815.60. The trade was a 4.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Cornelius Boone sold 4,462 shares of the firm’s stock in a transaction dated Thursday, December 18th. The shares were sold at an average price of $83.94, for a total value of $374,540.28. Following the completion of the sale, the senior vice president directly owned 91,921 shares in the company, valued at approximately $7,715,848.74. The trade was a 4.63% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 53,675 shares of company stock valued at $4,388,825 in the last ninety days. 0.64% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On eBay

A number of institutional investors have recently made changes to their positions in the stock. Verdence Capital Advisors LLC boosted its stake in shares of eBay by 71.2% in the 2nd quarter. Verdence Capital Advisors LLC now owns 17,447 shares of the e-commerce company’s stock valued at $1,299,000 after purchasing an additional 7,256 shares in the last quarter. Procyon Advisors LLC lifted its stake in eBay by 100.7% in the second quarter. Procyon Advisors LLC now owns 30,789 shares of the e-commerce company’s stock worth $2,293,000 after purchasing an additional 15,449 shares during the last quarter. Teacher Retirement System of Texas boosted its position in eBay by 2.0% during the second quarter. Teacher Retirement System of Texas now owns 171,040 shares of the e-commerce company’s stock valued at $12,736,000 after buying an additional 3,374 shares during the period. Savant Capital LLC grew its stake in shares of eBay by 19.4% during the second quarter. Savant Capital LLC now owns 24,229 shares of the e-commerce company’s stock valued at $1,804,000 after buying an additional 3,933 shares during the last quarter. Finally, denkapparat Operations GmbH increased its holdings in shares of eBay by 112.9% in the second quarter. denkapparat Operations GmbH now owns 8,876 shares of the e-commerce company’s stock worth $661,000 after buying an additional 4,706 shares during the period. Institutional investors own 87.48% of the company’s stock.

eBay Company Profile

eBay Inc is a global e-commerce company that operates an online marketplace connecting individual consumers and businesses for the sale and purchase of new, used and collectible goods. Founded in 1995 by Pierre Omidyar and headquartered in San Jose, California, eBay grew from its early auction-style site into a diversified platform offering both auction-format listings and fixed-price “Buy It Now” transactions. The company completed an initial public offering in the late 1990s and has since evolved its platform and services to support a broad range of product categories and buyer preferences.

The company’s core business centers on its marketplace platform, which provides listing, search and transaction capabilities for millions of items across consumer goods, electronics, fashion, collectibles and more.