A number of firms have modified their ratings and price targets on shares of Etsy (NASDAQ: ETSY) recently:

  • 9/13/2017 – Etsy was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Etsy, Inc. offers e-commerce services. It provides online and offline marketplaces to buy and sell goods. The company’s product include art, home and living, mobile accessories, jewelry, wedding, and others. It operates primarily in Berlin, Germany, Dublin, Ireland, Hudson, New York, London, United Kingdom, Melbourne, Australia, Paris, France, San Francisco, California and Toronto, Canada. Etsy, Inc. is headquartered in Brooklyn, New York. “
  • 9/7/2017 – Etsy was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $19.00 price target on the stock. According to Zacks, “Etsy, Inc. offers e-commerce services. It provides online and offline marketplaces to buy and sell goods. The company’s product include art, home and living, mobile accessories, jewelry, wedding, and others. It operates primarily in Berlin, Germany, Dublin, Ireland, Hudson, New York, London, United Kingdom, Melbourne, Australia, Paris, France, San Francisco, California and Toronto, Canada. Etsy, Inc. is headquartered in Brooklyn, New York. “
  • 9/6/2017 – Etsy is now covered by analysts at DA Davidson. They set a “buy” rating and a $18.00 price target on the stock.
  • 9/6/2017 – Etsy was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Etsy, Inc. offers e-commerce services. It provides online and offline marketplaces to buy and sell goods. The company’s product include art, home and living, mobile accessories, jewelry, wedding, and others. It operates primarily in Berlin, Germany, Dublin, Ireland, Hudson, New York, London, United Kingdom, Melbourne, Australia, Paris, France, San Francisco, California and Toronto, Canada. Etsy, Inc. is headquartered in Brooklyn, New York. “
  • 9/1/2017 – Etsy was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $18.00 price target on the stock. According to Zacks, “Etsy, Inc. offers e-commerce services. It provides online and offline marketplaces to buy and sell goods. The company’s product include art, home and living, mobile accessories, jewelry, wedding, and others. It operates primarily in Berlin, Germany, Dublin, Ireland, Hudson, New York, London, United Kingdom, Melbourne, Australia, Paris, France, San Francisco, California and Toronto, Canada. Etsy, Inc. is headquartered in Brooklyn, New York. “
  • 8/31/2017 – Etsy was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Etsy, Inc. offers e-commerce services. It provides online and offline marketplaces to buy and sell goods. The company’s product include art, home and living, mobile accessories, jewelry, wedding, and others. It operates primarily in Berlin, Germany, Dublin, Ireland, Hudson, New York, London, United Kingdom, Melbourne, Australia, Paris, France, San Francisco, California and Toronto, Canada. Etsy, Inc. is headquartered in Brooklyn, New York. “
  • 8/26/2017 – Etsy was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 8/24/2017 – Etsy had its “outperform” rating reaffirmed by analysts at Ifs Securities. They now have a $18.00 price target on the stock.
  • 8/14/2017 – Etsy was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 8/4/2017 – Etsy had its price target raised by analysts at Royal Bank Of Canada from $12.00 to $16.00. They now have a “sector perform” rating on the stock.
  • 8/4/2017 – Etsy had its price target raised by analysts at Stifel Nicolaus from $13.00 to $15.00. They now have a “hold” rating on the stock.
  • 8/2/2017 – Etsy was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 7/31/2017 – Etsy was given a new $14.00 price target on by analysts at Roth Capital. They now have a “hold” rating on the stock.
  • 7/25/2017 – Etsy was downgraded by analysts at BidaskClub from a “strong-buy” rating to a “buy” rating.
  • 7/20/2017 – Etsy had its “equal weight” rating reaffirmed by analysts at Morgan Stanley. They now have a $13.50 price target on the stock, up previously from $9.50.

Shares of Etsy, Inc. (NASDAQ:ETSY) opened at 17.79 on Thursday. The firm’s market cap is $1.97 billion. Etsy, Inc. has a 12 month low of $9.41 and a 12 month high of $17.82. The company has a 50-day moving average price of $15.68 and a 200-day moving average price of $13.12.

Etsy (NASDAQ:ETSY) last announced its earnings results on Thursday, August 3rd. The specialty retailer reported $0.10 EPS for the quarter, beating the consensus estimate of $0.04 by $0.06. Etsy had a positive return on equity of 3.83% and a negative net margin of 3.16%. The company had revenue of $101.70 million for the quarter, compared to analyst estimates of $101.14 million. During the same quarter in the prior year, the company earned ($0.06) EPS. The firm’s revenue for the quarter was up 19.2% compared to the same quarter last year. Analysts forecast that Etsy, Inc. will post $0.27 earnings per share for the current fiscal year.

In other Etsy news, CEO Josh Silverman bought 64,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 8th. The shares were bought at an average price of $15.67 per share, for a total transaction of $1,002,880.00. Following the transaction, the chief executive officer now directly owns 64,000 shares in the company, valued at $1,002,880. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 4.00% of the stock is owned by corporate insiders.

Etsy, Inc (Etsy) operates a marketplace where people around the world connect, both online and offline, to make, sell and buy goods. The Company offers a range of seller services and tools that help entrepreneurs start, grow and manage their businesses. The Company’s community includes Etsy sellers, Etsy buyers, Etsy employees, its partners and investors.

Receive News & Stock Ratings for Etsy Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Etsy Inc and related stocks with our FREE daily email newsletter.