eBay (EBAY) Getting Somewhat Positive News Coverage, AlphaOne Reports
Media headlines about eBay (NASDAQ:EBAY) have been trending somewhat positive recently, AlphaOne Sentiment Analysis reports. The research group, a service of Accern, identifies negative and positive news coverage by reviewing more than twenty million blog and news sources. AlphaOne ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. eBay earned a coverage optimism score of 0.09 on AlphaOne’s scale. AlphaOne also assigned news articles about the e-commerce company an impact score of 78 out of 100, indicating that recent news coverage is likely to have an impact on the company’s share price in the next few days.
Here are some of the news articles that may have impacted AlphaOne Sentiment’s analysis:
- Ebay INC (EBAY) Share Value Were Volatile While Independent Franchise Partners Llp Has Decreased Holding – Finance News Daily (finnewsdaily.com)
- eBay Inc (EBAY) Lifted to Strong-Buy at Vetr Inc. (americanbankingnews.com)
- RH Announces the Appointment of Prakash Muppirala as Chief Technology Officer and President of RH Digital Innovations (enhancedonlinenews.com)
- Google adds AMP features to make ads load faster (digitalcommerce360.com)
- StubHub Reveals The Top 10 Canadian Music Tours Of Summer 2017 (finance.yahoo.com)
eBay (NASDAQ:EBAY) traded up 0.80% during mid-day trading on Friday, reaching $34.00. The company had a trading volume of 3,845,253 shares. The firm has a 50-day moving average of $33.64 and a 200 day moving average of $31.66. eBay has a 1-year low of $22.30 and a 1-year high of $34.87. The company has a market capitalization of $36.80 billion, a PE ratio of 4.90 and a beta of 1.31.
eBay (NASDAQ:EBAY) last posted its earnings results on Wednesday, April 19th. The e-commerce company reported $0.49 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.48 by $0.01. The business had revenue of $2.22 billion during the quarter, compared to analyst estimates of $2.21 billion. eBay had a return on equity of 24.13% and a net margin of 80.92%. The company’s quarterly revenue was up 3.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.47 EPS. On average, analysts predict that eBay will post $2.01 earnings per share for the current fiscal year.
A number of research analysts have recently commented on EBAY shares. ValuEngine cut shares of eBay from a “buy” rating to a “hold” rating in a report on Wednesday. BMO Capital Markets reaffirmed a “hold” rating and issued a $36.00 price objective on shares of eBay in a research note on Monday, April 17th. Macquarie reaffirmed a “neutral” rating and issued a $39.00 price objective on shares of eBay in a research note on Tuesday, April 18th. Stifel Nicolaus reaffirmed a “hold” rating and issued a $35.00 price objective on shares of eBay in a research note on Friday, April 14th. Finally, Royal Bank of Canada reissued a “hold” rating and set a $34.00 target price on shares of eBay in a research report on Thursday, April 13th. Two analysts have rated the stock with a sell rating, twenty-one have issued a hold rating, seventeen have given a buy rating and one has issued a strong buy rating to the company. eBay presently has an average rating of “Hold” and a consensus target price of $35.16.
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In other news, VP Brian J. Doerger sold 12,904 shares of the business’s stock in a transaction that occurred on Thursday, May 4th. The stock was sold at an average price of $33.57, for a total transaction of $433,187.28. Following the transaction, the vice president now directly owns 33,604 shares of the company’s stock, valued at $1,128,086.28. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Stephen Fisher sold 33,008 shares of the business’s stock in a transaction that occurred on Monday, April 24th. The shares were sold at an average price of $32.35, for a total value of $1,067,808.80. Following the transaction, the senior vice president now directly owns 109,468 shares in the company, valued at $3,541,289.80. The disclosure for this sale can be found here. In the last quarter, insiders have sold 65,416 shares of company stock valued at $2,160,633. Corporate insiders own 7.40% of the company’s stock.
eBay Inc (eBay) is a commerce company, which operates through its Marketplace, StubHub and Classifieds platforms. The Company connects buyers and sellers around the world. Its platforms enable sellers around the world to organize and offer their inventory for sale, and buyers to find and purchase it.
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