Wedmont Non-public Capital bought a brand new place in eBay Inc. (NASDAQ:EBAY – Get Ranking) in the course of the fourth quarter, in accordance with its most up-to-date Type 13F submitting with the Securities and Change Fee. The agency bought 6,206 shares of the e-commerce firm’s inventory, valued at roughly $280,000.
Different hedge funds and different institutional buyers have additionally modified their holdings of the corporate. CoreCap Advisors LLC acquired a brand new place in shares of eBay within the 2nd quarter valued at about $26,000. Eagle Bay Advisors LLC lifted its stake in shares of eBay by 49.0% within the third quarter. Eagle Bay Advisors LLC now owns 736 shares of the e-commerce firm’s inventory valued at $27,000 after buying a further 242 shares within the final quarter. Almanack Funding Companions LLC. acquired a brand new place in shares of eBay within the third quarter valued at about $28,000. Guardian Wealth Advisors LLC acquired a brand new place in shares of eBay within the third quarter valued at about $40,000. Lastly, Normal Associate Inc. acquired a brand new place in eBay in the course of the 4th quarter price roughly $48,000. 85.51% of the inventory is owned by institutional buyers and hedge funds.
eBay Buying and selling Up 1.5 %
NASDAQ:EBAY opened at $42.06 on Friday. eBay Inc. has a 12-month low of $35.92 and a 12-month excessive of $60.38. The agency has a market capitalization of $22.58 billion, a P/E ratio of -19.75, a P/E/G ratio of 1.33 and a beta of 1.37. The corporate has a debt-to-equity ratio of 1.50, a present ratio of two.18 and a fast ratio of two.18. The enterprise has a 50 day easy shifting common of $46.60 and a 200 day easy shifting common of $43.32.
eBay (NASDAQ:EBAY – Get Ranking) final launched its quarterly earnings information on Wednesday, February twenty second. The e-commerce firm reported $1.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.06 by $0.01. eBay had a optimistic return on fairness of 34.14% and a adverse web margin of 12.96%. The enterprise had income of $2.51 billion in the course of the quarter, in comparison with analyst estimates of $2.46 billion. Throughout the identical quarter within the earlier yr, the agency posted $0.89 EPS. The enterprise’s income for the quarter was down 3.9% in comparison with the identical quarter final yr. Equities analysis analysts predict that eBay Inc. will put up 3.36 EPS for the present yr.
eBay Will increase Dividend
The agency additionally just lately declared a quarterly dividend, which might be paid on Friday, March twenty fourth. Shareholders of file on Friday, March tenth might be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized foundation and a yield of two.38%. The ex-dividend date of this dividend is Thursday, March ninth. This can be a optimistic change from eBay’s earlier quarterly dividend of $0.22. eBay’s payout ratio is -46.95%.
Wall Road Analyst Weigh In
A number of equities analysts just lately commented on EBAY shares. Credit score Suisse Group boosted their worth goal on eBay from $55.00 to $57.00 and gave the inventory an “outperform” ranking in a analysis report on Tuesday, February twenty first. Susquehanna boosted their worth goal on eBay from $42.00 to $43.00 and gave the inventory a “impartial” ranking in a analysis report on Monday, February twenty seventh. StockNews.com began protection on eBay in a analysis report on Thursday. They set a “maintain” ranking on the inventory. Piper Sandler boosted their worth goal on eBay from $52.00 to $53.00 and gave the inventory an “chubby” ranking in a analysis report on Thursday, February twenty third. Lastly, Deutsche Financial institution Aktiengesellschaft lowered their worth goal on eBay from $55.00 to $50.00 in a analysis report on Thursday, February twenty third. Two equities analysis analysts have rated the inventory with a promote ranking, fifteen have given a maintain ranking and 6 have issued a purchase ranking to the corporate. Primarily based on information from MarketBeat.com, the corporate presently has a consensus ranking of “Maintain” and a consensus worth goal of $49.92.
eBay Firm Profile
eBay, Inc is a commerce firm, whose platforms embody a web-based market and its localized counterparts, together with off-platform companies in South Korea, Japan, and Turkey, in addition to eBay’s suite of cellular apps. Its applied sciences and providers are designed to offer consumers selection and a breadth of related stock and to allow sellers worldwide to prepare and supply their stock on the market, just about anytime and wherever.
Featured Articles
This immediate information alert was generated by narrative science know-how and monetary information from MarketBeat with the intention to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial group previous to publication. Please ship any questions or feedback about this story to [email protected]
Earlier than you think about eBay, you may need to hear this.
MarketBeat retains observe of Wall Road’s top-rated and greatest performing analysis analysts and the shares they suggest to their shoppers every day. MarketBeat has recognized the 5 shares that high analysts are quietly whispering to their shoppers to purchase now earlier than the broader market catches on… and eBay wasn’t on the listing.
Whereas eBay at the moment has a “Maintain” ranking amongst analysts, top-rated analysts consider these 5 shares are higher buys.
