EBay Inc. (EBAY) Stock: A Review of the Recent Movement

The stock of EBay Inc. (EBAY) has gone up by 0.56% for the week, with a 6.24% rise in the past month and a 11.96% rise in the past quarter. The volatility ratio for the week is 1.69%, and the volatility levels for the past 30 days are 2.01% for EBAY. The simple moving average for the past 20 days is 2.89% for EBAY’s stock, with a 20.01% simple moving average for the past 200 days.

Is It Worth Investing in EBay Inc. (NASDAQ: EBAY) Right Now?

The price-to-earnings ratio for EBay Inc. (NASDAQ: EBAY) is 11.59x, which is above its average ratio. Moreover, the 36-month beta value for EBAY is 1.29. Analysts have varying opinions on the stock, with 10 analysts rating it as a “buy,” 6 as “overweight,” 20 as “hold,” and 2 as “sell.”

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The public float for EBAY is 487.34M and currently, short sellers hold a 5.22% of that float. On September 10, 2024, EBAY’s average trading volume was 4.45M shares.

EBAY) stock’s latest price update

EBay Inc. (NASDAQ: EBAY) has seen a rise in its stock price by 0.39 in relation to its previous close of 59.20. However, the company has experienced a 0.56% gain in its stock price over the last five trading sessions. seekingalpha.com reported 2024-09-09 that eBay Inc. (NASDAQ:EBAY ) Goldman Sachs Communacopia + Technology Conference Call September 9, 2024 1:10 PM ET Company Participants Jamie Iannone – President and Chief Executive Officer Steve Priest – Senior Vice President and Chief Financial Officer Conference Call Participants Eric Sheridan – Goldman Sachs Eric Sheridan All right. I think in the interest of time, we’re going to get started on our next one.

Analysts’ Opinion of EBAY

Many brokerage firms have already submitted their reports for EBAY stocks, with Cantor Fitzgerald repeating the rating for EBAY by listing it as a “Neutral.” The predicted price for EBAY in the upcoming period, according to Cantor Fitzgerald is $62 based on the research report published on September 05, 2024 of the current year 2024.

JP Morgan gave a rating of “Neutral” to EBAY, setting the target price at $60 in the report published on June 25th of the current year.

EBAY Trading at 6.91% from the 50-Day Moving Average

After a stumble in the market that brought EBAY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -0.70% of loss for the given period.

Volatility was left at 2.01%, however, over the last 30 days, the volatility rate increased by 1.69%, as shares surge +5.15% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +12.03% upper at present.

During the last 5 trading sessions, EBAY rose by +0.56%, which changed the moving average for the period of 200-days by +50.65% in comparison to the 20-day moving average, which settled at $57.91. In addition, EBay Inc. saw 36.24% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at EBAY starting from Huber Marie Oh, who proposed sale 34,681 shares at the price of $59.39 back on Sep 09 ’24. After this action, Huber Marie Oh now owns shares of EBay Inc., valued at $2,059,777 using the latest closing price.

James Iannone, the Officer of EBay Inc., proposed sale 11,250 shares at $59.43 during a trade that took place back on Sep 09 ’24, which means that James Iannone is holding shares at $668,588 based on the most recent closing price.

Stock Fundamentals for EBAY

Current profitability levels for the company are sitting at:

  • 0.23 for the present operating margin
  • 0.72 for the gross margin

The net margin for EBay Inc. stands at 0.26. The total capital return value is set at 0.16. Equity return is now at value 50.01, with 13.38 for asset returns.

Based on EBay Inc. (EBAY), the company’s capital structure generated 0.59 points at debt to capital in total, while cash flow to debt ratio is standing at 0.25. The debt to equity ratio resting at 1.42. The interest coverage ratio of the stock is 11.68.

Currently, EBITDA for the company is 2.44 billion with net debt to EBITDA at 4.0. When we switch over and look at the enterprise to sales, we see a ratio of 3.44. The receivables turnover for the company is 8.99for trailing twelve months and the total asset turnover is 0.5. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.25.

Conclusion

To wrap up, the performance of EBay Inc. (EBAY) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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