Etsy Inc. (NASDAQ:ETSY) went down by -5.99% from its latest closing price compared to the recent 1-year high of $307.75. The company’s stock price has collected -15.43% of loss in the last five trading sessions. Press Release reported on 12/15/21 that New “APP-ortunity” Report on Install Intent Reveals Surprise Shopping Apps Poised For Breakout Growth
Is It Worth Investing in Etsy Inc. (NASDAQ :ETSY) Right Now?
Etsy Inc. (NASDAQ:ETSY) scored a price-to-earnings ratio above its average ratio, recording 54.36 x from its present earnings ratio. Plus, the 36-month beta value for ETSY is at 1.57. Opinions of the stock are interesting as 12 analysts out of 21 who provided ratings for Etsy Inc. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 6 rated it as “hold,” and 2 as “sell.”
The average price from analysts is $262.00, which is $75.37 above the current price. ETSY currently public float of 125.85M and currently shorts hold a 7.02% ratio of that float. Today, the average trading volume of ETSY was 2.33M shares.
ETSY’s Market Performance
ETSY stocks went down by -15.43% for the week, with a monthly drop of -24.74% and a quarterly performance of -12.67%, while its annual performance rate touched 5.41%. The volatility ratio for the week stands at 7.40% while the volatility levels for the past 30 days are set at 5.49% for Etsy Inc.. The simple moving average for the period of the last 20 days is -15.32% for ETSY stocks with a simple moving average of -11.51% for the last 200 days.
Analysts’ Opinion of ETSY
Many brokerage firms have already submitted their reports for ETSY stocks, with Guggenheim repeating the rating for ETSY by listing it as a “Buy.” The predicted price for ETSY in the upcoming period, according to Guggenheim is $285 based on the research report published on January 07th of the current year 2022.
UBS, on the other hand, stated in their research note that they expect to see ETSY reach a price target of $215. The rating they have provided for ETSY stocks is “Sell” according to the report published on December 02nd, 2021.
Guggenheim gave a rating of “Buy” to ETSY, setting the target price at $330 in the report published on November 23rd of the previous year.
ETSY Trading at -24.35% from the 50-Day Moving Average
After a stumble in the market that brought ETSY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -39.84% of loss for the given period.
Volatility was left at 5.49%, however, over the last 30 days, the volatility rate increased by 7.40%, as shares sank -21.01% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -24.08% lower at present.
During the last 5 trading sessions, ETSY fell by -15.43%, which changed the moving average for the period of 200-days by -5.63% in comparison to the 20-day moving average, which settled at $216.19. In addition, Etsy Inc. saw -15.43% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at ETSY starting from Buckley Merilee, who sale 710 shares at the price of $199.29 back on Jan 04. After this action, Buckley Merilee now owns 72 shares of Etsy Inc., valued at $141,493 using the latest closing price.
SCOTT RYAN M., the Chief Marketing Officer of Etsy Inc., sale 1,205 shares at $199.56 during a trade that took place back on Jan 04, which means that SCOTT RYAN M. is holding 0 shares at $240,465 based on the most recent closing price.
Stock Fundamentals for ETSY
Current profitability levels for the company are sitting at:
- +24.68 for the present operating margin
- +73.07 for the gross margin
The net margin for Etsy Inc. stands at +20.24. The total capital return value is set at 26.95, while invested capital returns managed to touch 22.28. Equity return is now at value 77.20, with 16.40 for asset returns.
Based on Etsy Inc. (ETSY), the company’s capital structure generated 153.22 points at debt to equity in total, while total debt to capital is 60.51. Total debt to assets is 47.31, with long-term debt to equity ratio resting at 151.46. Finally, the long-term debt to capital ratio is 59.81.
When we switch over and look at the enterprise to sales, we see a ratio of 10.29, with the company’s debt to enterprise value settled at 0.05. The receivables turnover for the company is 14.71 and the total asset turnover is 0.87. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.17.