D-MARKET Electronic Services & Trading Unsponsored ADR (NASDAQ:HEPS) Receives $3.29 Average PT from Analysts

D-MARKET Electronic Services & Trading Unsponsored ADR (NASDAQ:HEPS) has earned a consensus recommendation of “Reduce” from the five research firms that are covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation and four have assigned a hold recommendation to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $3.2850.

Several equities analysts recently issued reports on HEPS shares. JPMorgan Chase & Co. restated a “neutral” rating and set a $3.07 price target (down from $4.85) on shares of D-MARKET Electronic Services & Trading in a research report on Tuesday, November 18th. Weiss Ratings reissued a “sell (d-)” rating on shares of D-MARKET Electronic Services & Trading in a research note on Wednesday, October 8th. Zacks Research raised shares of D-MARKET Electronic Services & Trading to a “hold” rating in a research note on Thursday, November 20th. Finally, Wall Street Zen upgraded shares of D-MARKET Electronic Services & Trading from a “sell” rating to a “hold” rating in a report on Saturday, December 13th.

Institutional Trading of D-MARKET Electronic Services & Trading

Several large investors have recently modified their holdings of the business. Baader Bank Aktiengesellschaft bought a new position in shares of D-MARKET Electronic Services & Trading during the second quarter valued at approximately $444,000. GAM Holding AG bought a new stake in shares of D-MARKET Electronic Services & Trading in the 3rd quarter worth approximately $807,000. Brightlight Capital Management LP raised its stake in D-MARKET Electronic Services & Trading by 4.7% during the second quarter. Brightlight Capital Management LP now owns 6,304,070 shares of the company’s stock valued at $17,021,000 after buying an additional 281,230 shares during the last quarter. BNP Paribas Financial Markets boosted its holdings in D-MARKET Electronic Services & Trading by 2.4% in the second quarter. BNP Paribas Financial Markets now owns 965,408 shares of the company’s stock worth $2,607,000 after acquiring an additional 22,445 shares in the last quarter. Finally, Aberdeen Group plc purchased a new stake in shares of D-MARKET Electronic Services & Trading in the fourth quarter worth $191,000. 40.46% of the stock is owned by institutional investors.

D-MARKET Electronic Services & Trading Price Performance

Shares of HEPS opened at $2.78 on Friday. D-MARKET Electronic Services & Trading has a 1 year low of $2.15 and a 1 year high of $3.85. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.85 and a quick ratio of 0.53. The stock has a 50 day simple moving average of $2.47 and a two-hundred day simple moving average of $2.63. The firm has a market cap of $993.10 million, a P/E ratio of -11.12 and a beta of 2.30.

D-MARKET Electronic Services & Trading (NASDAQ:HEPS) last announced its quarterly earnings data on Wednesday, November 5th. The company reported ($0.10) earnings per share (EPS) for the quarter. D-MARKET Electronic Services & Trading had a negative net margin of 5.42% and a negative return on equity of 113.69%. On average, analysts forecast that D-MARKET Electronic Services & Trading will post -0.03 earnings per share for the current fiscal year.

D-MARKET Electronic Services & Trading Company Profile

D-Market Elektronik Hizmetler ve Ticaret A.S. operates e-commerce platforms in Turkey. The company operates www.hepsiburada.com, a retail website that provides its retail customers a range of merchandise, including electronics and non-electronics products, such as books, sports, toys, kids and baby products, cosmetics, furniture, etc. It also offers Hepsiburada Market, an app-in-app initiative and on-demand delivery service that delivers groceries and water; HepsiJet that provides last-mile delivery services; HepsiLojistik, which offers storage and fulfillment services; HepsiMat, an offline network of pick-up and drop-off point; HepsiAd that provides advertising service; HepsiGlobal for discovering and purchasing products from international merchants online; Hepsipay, which offers an e-money and payment services; and Hepsiburada Seyahat for buying airline tickets online.