eBay Inc. (NASDAQ:EBAY) will issue its quarterly earnings data after the market closes on Wednesday, October 19th. Analysts expect the company to announce earnings of $0.44 per share for the quarter. eBay has set its Q3 guidance at $0.42-0.44 EPS and its FY16 guidance at $1.85-1.90 EPS.

eBay (NASDAQ:EBAY) last posted its quarterly earnings data on Wednesday, July 20th. The e-commerce company reported $0.43 EPS for the quarter, topping the consensus estimate of $0.42 by $0.01. eBay had a net margin of 22.00% and a return on equity of 29.12%. The business had revenue of $2.23 billion for the quarter, compared to analyst estimates of $2.17 billion. During the same quarter in the previous year, the firm posted $0.42 earnings per share. eBay’s quarterly revenue was up 5.7% on a year-over-year basis. On average, analysts expect eBay to post $1.59 EPS for the current fiscal year and $1.77 EPS for the next fiscal year.

Earnings History for eBay (NASDAQ:EBAY)

Shares of eBay Inc. (NASDAQ:EBAY) opened at 31.89 on Monday. The company’s 50-day moving average is $31.99 and its 200 day moving average is $27.43. The company has a market cap of $36.00 billion, a price-to-earnings ratio of 19.60 and a beta of 1.17. eBay Inc. has a 1-year low of $21.52 and a 1-year high of $33.19.

In other news, SVP Jae Hyun Lee sold 11,768 shares of the business’s stock in a transaction dated Tuesday, July 26th. The shares were sold at an average price of $31.00, for a total transaction of $364,808.00. Following the transaction, the senior vice president now owns 120,977 shares of the company’s stock, valued at approximately $3,750,287. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, SVP Kristin A. Yetto sold 17,596 shares of the business’s stock in a transaction dated Monday, July 25th. The shares were sold at an average price of $30.79, for a total transaction of $541,780.84. Following the transaction, the senior vice president now directly owns 19,346 shares in the company, valued at approximately $595,663.34. The disclosure for this sale can be found here. Company insiders own 7.40% of the company’s stock.

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Argent Trust Co boosted its position in eBay by 25.6% in the second quarter. Argent Trust Co now owns 12,590 shares of the e-commerce company’s stock worth $294,000 after buying an additional 2,570 shares during the last quarter. Atlantic Trust Group LLC boosted its position in eBay by 3.8% in the second quarter. Atlantic Trust Group LLC now owns 162,303 shares of the e-commerce company’s stock worth $3,799,000 after buying an additional 5,870 shares during the last quarter. Employees Retirement System of Texas boosted its position in eBay by 119.1% in the second quarter. Employees Retirement System of Texas now owns 149,000 shares of the e-commerce company’s stock worth $3,488,000 after buying an additional 81,000 shares during the last quarter. Commonwealth Bank of Australia boosted its position in eBay by 2.1% in the second quarter. Commonwealth Bank of Australia now owns 101,145 shares of the e-commerce company’s stock worth $2,369,000 after buying an additional 2,083 shares during the last quarter. Finally, Tredje AP fonden boosted its position in eBay by 12.1% in the second quarter. Tredje AP fonden now owns 84,919 shares of the e-commerce company’s stock worth $1,988,000 after buying an additional 9,170 shares during the last quarter. 82.07% of the stock is currently owned by hedge funds and other institutional investors.

EBAY has been the topic of several recent analyst reports. SunTrust Banks Inc. reissued a “neutral” rating and issued a $26.00 target price on shares of eBay in a research note on Monday, July 18th. Monness Crespi & Hardt increased their target price on shares of eBay from $29.00 to $32.00 and gave the company a “buy” rating in a research note on Thursday, July 21st. Goldman Sachs Group Inc. set a $34.00 target price on shares of eBay and gave the company a “buy” rating in a research note on Thursday, September 8th. Sanford C. Bernstein set a $41.00 target price on shares of eBay and gave the company a “buy” rating in a research note on Wednesday, October 12th. Finally, Deutsche Bank AG increased their target price on shares of eBay from $28.00 to $30.00 and gave the company a “hold” rating in a research note on Thursday, July 21st. Three equities research analysts have rated the stock with a sell rating, twenty-two have given a hold rating, sixteen have assigned a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $33.66.

About eBay

eBay Inc (eBay) is a commerce company, which operates through its Marketplace, StubHub and Classifieds platforms. The Company helps in enabling commerce on its platforms for buyers and sellers online. The Company has an open source platform that provides software developers and merchants an access to its application programming interfaces for developing software and solutions for commerce.

5 Day Chart for NASDAQ:EBAY

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