eBay (NASDAQ:EBAY) Price Target Lowered to $94.00 at President Capital

eBay (NASDAQ:EBAY) had its price target decreased by stock analysts at President Capital from $103.00 to $94.00 in a note issued to investors on Friday,MarketScreener reports. The firm currently has a “buy” rating on the e-commerce company’s stock. President Capital’s price target points to a potential upside of 11.82% from the stock’s previous close.

A number of other research analysts also recently issued reports on EBAY. Cowen restated a “hold” rating on shares of eBay in a research note on Monday, October 20th. Benchmark lifted their price objective on shares of eBay from $100.00 to $110.00 and gave the stock a “buy” rating in a research report on Wednesday, October 29th. Mizuho initiated coverage on shares of eBay in a research report on Monday, September 29th. They set a “neutral” rating and a $98.00 target price for the company. UBS Group set a $95.00 price target on shares of eBay in a research note on Thursday, October 30th. Finally, BNP Paribas started coverage on eBay in a research note on Monday, November 24th. They issued a “hold” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, twenty have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, eBay has an average rating of “Hold” and a consensus price target of $94.41.

eBay Price Performance

Shares of EBAY opened at $84.06 on Friday. The business’s fifty day moving average is $86.07 and its 200 day moving average is $85.95. eBay has a 12-month low of $58.71 and a 12-month high of $101.15. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 1.06. The stock has a market cap of $38.00 billion, a P/E ratio of 18.27, a P/E/G ratio of 2.09 and a beta of 1.35.

eBay (NASDAQ:EBAY) last issued its quarterly earnings data on Wednesday, October 29th. The e-commerce company reported $1.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.33 by $0.03. eBay had a net margin of 20.37% and a return on equity of 41.94%. The firm had revenue of $2.82 billion during the quarter, compared to analysts’ expectations of $2.73 billion. During the same period last year, the company earned $1.19 earnings per share. The business’s revenue was up 9.5% on a year-over-year basis. eBay has set its FY 2025 guidance at 4.090-4.140 EPS and its Q4 2025 guidance at 1.310-1.360 EPS. Sell-side analysts anticipate that eBay will post 3.86 earnings per share for the current fiscal year.

Insider Activity

In other news, CEO Jamie Iannone sold 7,221 shares of eBay stock in a transaction on Wednesday, November 5th. The shares were sold at an average price of $81.08, for a total transaction of $585,478.68. Following the completion of the sale, the chief executive officer directly owned 235,781 shares of the company’s stock, valued at approximately $19,117,123.48. The trade was a 2.97% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Julie A. Loeger sold 2,896 shares of the company’s stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $82.44, for a total value of $238,746.24. Following the completion of the transaction, the senior vice president owned 55,990 shares of the company’s stock, valued at $4,615,815.60. The trade was a 4.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 53,649 shares of company stock worth $4,448,126 in the last three months. Corporate insiders own 0.64% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of EBAY. Princeton Global Asset Management LLC lifted its stake in eBay by 433.9% in the second quarter. Princeton Global Asset Management LLC now owns 331 shares of the e-commerce company’s stock worth $25,000 after acquiring an additional 269 shares during the period. Wealth Preservation Advisors LLC purchased a new position in shares of eBay during the first quarter valued at about $26,000. Financial Consulate Inc. bought a new position in eBay in the third quarter worth about $27,000. GFG Capital LLC bought a new position in shares of eBay in the second quarter worth approximately $28,000. Finally, Steigerwald Gordon & Koch Inc. purchased a new stake in shares of eBay during the third quarter valued at approximately $28,000. 87.48% of the stock is currently owned by institutional investors.

eBay Company Profile

eBay Inc, together with its subsidiaries, operates marketplace platforms that connect buyers and sellers in the United States, the United Kingdom, China, Germany, and internationally. The company’s marketplace platform includes its online marketplace at ebay.com, off-platform businesses, and the eBay suite of mobile apps.