Shares of eBay Inc (NASDAQ:EBAY) have been given a consensus recommendation of “Hold” by the thirty-seven analysts that are currently covering the stock, MarketBeat reports. Three investment analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and fourteen have issued a buy rating on the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $40.86.

A number of brokerages recently weighed in on EBAY. BidaskClub upgraded eBay from a “strong sell” rating to a “sell” rating in a research note on Saturday, November 3rd. DA Davidson decreased their price objective on eBay to $40.00 and set a “buy” rating for the company in a research note on Thursday, November 1st. They noted that the move was a valuation call. Wells Fargo & Co restated a “buy” rating on shares of eBay in a research note on Wednesday, October 31st. Deutsche Bank decreased their price objective on eBay from $46.00 to $37.00 and set a “buy” rating for the company in a research note on Wednesday, October 31st. Finally, Raymond James upped their price objective on eBay from $34.00 to $35.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 31st.

Shares of EBAY stock traded down $0.81 during mid-day trading on Thursday, hitting $28.15. The stock had a trading volume of 1,463,518 shares, compared to its average volume of 15,518,366. eBay has a 12-month low of $26.36 and a 12-month high of $46.99. The stock has a market capitalization of $28.53 billion, a price-to-earnings ratio of 17.30, a P/E/G ratio of 1.67 and a beta of 1.32. The company has a current ratio of 1.74, a quick ratio of 1.74 and a debt-to-equity ratio of 1.11.

eBay (NASDAQ:EBAY) last issued its earnings results on Tuesday, October 30th. The e-commerce company reported $0.56 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.54 by $0.02. eBay had a positive return on equity of 23.65% and a negative net margin of 7.93%. The business had revenue of $2.65 billion during the quarter, compared to analysts’ expectations of $2.65 billion. During the same period in the prior year, the business earned $0.48 EPS. The business’s revenue for the quarter was up 6.0% compared to the same quarter last year. Research analysts predict that eBay will post 1.84 EPS for the current fiscal year.

In related news, SVP Jae Hyun Lee sold 26,204 shares of the company’s stock in a transaction dated Wednesday, August 29th. The stock was sold at an average price of $35.08, for a total transaction of $919,236.32. Following the transaction, the senior vice president now directly owns 128,457 shares of the company’s stock, valued at approximately $4,506,271.56. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 6.22% of the company’s stock.

A number of large investors have recently made changes to their positions in EBAY. CSat Investment Advisory L.P. acquired a new position in shares of eBay in the second quarter valued at about $106,000. Valeo Financial Advisors LLC acquired a new position in shares of eBay in the second quarter valued at about $107,000. NEXT Financial Group Inc acquired a new stake in eBay during the third quarter worth about $130,000. Stratos Wealth Partners LTD. acquired a new stake in eBay during the third quarter worth about $144,000. Finally, JNBA Financial Advisors grew its holdings in eBay by 567.5% during the third quarter. JNBA Financial Advisors now owns 4,512 shares of the e-commerce company’s stock worth $149,000 after acquiring an additional 3,836 shares during the period. 87.56% of the stock is currently owned by institutional investors.

eBay Company Profile

eBay Inc operates commerce platforms that connect various buyers and sellers worldwide. Its platforms enable sellers to organize and offer their inventory for sale; and buyers to find and purchase it virtually. The company's Marketplace platforms include its online marketplace at ebay.com and the eBay mobile apps; and StubHub platforms comprise its online ticket platform at stubhub.com, and the StubHub mobile apps and online ticket platform that connect fans with their favorite sporting events, shows, and artists, as well as enables them to buy and sell tickets.

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Analyst Recommendations for eBay (NASDAQ:EBAY)

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