Robert W. Baird reaffirmed their outperform rating on shares of eBay Inc. (NASDAQ:EBAY) in a research report report published on Monday morning. The brokerage currently has a $35.00 price objective on the e-commerce company’s stock.

Several other brokerages also recently issued reports on EBAY. SunTrust Banks Inc. reiterated a neutral rating and set a $26.00 price objective on shares of eBay in a research report on Monday, July 18th. Monness Crespi & Hardt boosted their price objective on eBay from $29.00 to $32.00 and gave the stock a buy rating in a research report on Thursday, July 21st. Goldman Sachs Group Inc. set a $34.00 price objective on eBay and gave the stock a buy rating in a research report on Thursday, September 8th. Sanford C. Bernstein set a $41.00 price objective on eBay and gave the stock a buy rating in a research report on Wednesday, October 12th. Finally, Deutsche Bank AG boosted their price objective on eBay from $28.00 to $30.00 and gave the stock a hold rating in a research report on Thursday, July 21st. Three equities research analysts have rated the stock with a sell rating, twenty-two have issued a hold rating, sixteen have given a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of Hold and a consensus price target of $33.95.

Analyst Recommendations for eBay (NASDAQ:EBAY)

Shares of eBay (NASDAQ:EBAY) traded up 1.23% during trading on Monday, hitting $32.20. The stock had a trading volume of 1,449,028 shares. The firm has a market cap of $36.35 billion, a P/E ratio of 19.79 and a beta of 1.17. eBay has a one year low of $21.52 and a one year high of $33.19. The firm’s 50-day moving average is $32.01 and its 200-day moving average is $27.54.

eBay (NASDAQ:EBAY) last issued its earnings results on Wednesday, July 20th. The e-commerce company reported $0.43 EPS for the quarter, beating the Zacks’ consensus estimate of $0.42 by $0.01. eBay had a return on equity of 29.12% and a net margin of 22.00%. The company earned $2.23 billion during the quarter, compared to the consensus estimate of $2.17 billion. During the same period in the previous year, the firm posted $0.42 earnings per share. eBay’s quarterly revenue was up 5.7% compared to the same quarter last year. Equities research analysts forecast that eBay will post $1.89 EPS for the current year.

In related news, SVP Jae Hyun Lee sold 3,222 shares of the firm’s stock in a transaction on Wednesday, July 27th. The shares were sold at an average price of $31.53, for a total transaction of $101,589.66. Following the sale, the senior vice president now directly owns 107,154 shares in the company, valued at $3,378,565.62. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Robert Holmes Swan sold 50,000 shares of the firm’s stock in a transaction on Tuesday, August 30th. The stock was sold at an average price of $31.95, for a total transaction of $1,597,500.00. Following the sale, the director now owns 375,928 shares in the company, valued at $12,010,899.60. The disclosure for this sale can be found here. Corporate insiders own 7.40% of the company’s stock.

Large investors have recently modified their holdings of the company. Mycio Wealth Partners LLC raised its stake in shares of eBay by 28.7% in the second quarter. Mycio Wealth Partners LLC now owns 4,255 shares of the e-commerce company’s stock worth $100,000 after buying an additional 949 shares during the last quarter. Washington Trust Bank raised its stake in shares of eBay by 5.2% in the second quarter. Washington Trust Bank now owns 4,334 shares of the e-commerce company’s stock valued at $101,000 after buying an additional 216 shares during the last quarter. Advisory Services Network LLC raised its stake in shares of eBay by 3.2% in the second quarter. Advisory Services Network LLC now owns 4,883 shares of the e-commerce company’s stock valued at $114,000 after buying an additional 150 shares during the last quarter. Quadrant Capital Group LLC raised its stake in shares of eBay by 0.8% in the second quarter. Quadrant Capital Group LLC now owns 5,596 shares of the e-commerce company’s stock valued at $125,000 after buying an additional 42 shares during the last quarter. Finally, Parametric Risk Advisors LLC acquired a new stake in shares of eBay during the first quarter valued at about $143,000. Institutional investors and hedge funds own 82.07% of the company’s stock.

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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