Finance

EBay Inc. (NASDAQ:EBAY) Reviewed By Analysts

EBay Inc. (NASDAQ:EBAY) Reviewed By Analysts”

Royal Bank of Canada restated their hold rating on shares of eBay Inc (NASDAQ:EBAY) in a research note released on Thursday.

If you look at the company's income statement over the past years, you will see that the company is constantly posting gross profit: In 2014, EBAY earned gross profit of 7.13 Billion, in 2015 6.82 Billion gross profit, while in 2016 eBay Inc. Hilliard Lyons Upgrades the company's stock to Buy on 10/21/16 with no specific Price Target. Maxim Group now has a $36.00 target price on the e-commerce company's stock.

eBay Inc. (EBAY)'s distance from 200 day simple moving average is 10.22 percent, its distance from 50 day simple moving average is 1.31 percent, while its distance from 20 day simple moving average is 0.62 percent.

03/28/2017 - Barclays began new coverage on eBay Inc. giving the company a " rating.

"The first quarter was a strong start to the year with accelerating growth in active buyers, revenue and our core US business", stated eBay CEO Devin Wenig. The company repurchased $350 million of common stock.

"The first quarter was a strong start to the year with accelerating growth in active buyers, revenue and our core USA business", said Devin Wenig, president and CEO of eBay Inc., in a statement. Two equities research analysts have rated the stock with a sell rating, eighteen have given a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the company. eBay presently has a consensus rating of "Hold" and a consensus target price of $34.87. On average, analysts expect eBay to post $2.01 EPS for the current fiscal year and $2.21 EPS for the next fiscal year. The stock has an average rating of Hold and an average price target of $34.87. In the last quarter, insiders have sold 313,020 shares of company stock valued at $10,153,302.

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eBay Inc. (EBAY) belongs to the "Services" sector with an industry focus on "Specialty Retail, Other", with Mr. Devin N. Wenig as Chief Exec. Officer, Pres and Director. 22 have given the stock a Hold rating, 2 as Underperform and 0 as Sell.

eBay Inc. Price, Consensus and EPS Surprise | eBay Inc.

"The first quarter was a strong start to the year with accelerating growth in active buyers, revenue and our core US business", Devin Wenig, eBay's president and CEO, said in a press release. Earnings per share serves as an indicator of a company's profitability. The e-commerce company reported $0.54 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.54.

Currently, the market capitalization of eBay Inc. During the same quarter a year ago, the firm earned $0.50 EPS. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Monness Crespi & Hardt restated a buy rating and set a $35.00 price objective on shares of eBay in a research note on Saturday, January 28th. On the other side of RSI values, an RSI reading of 30 or below is commonly interpreted as indicating an oversold or undervalued condition that may signal a trend change or corrective price reversal to the upside. Also, VP Brian J. Doerger sold 6,660 shares of eBay stock in a transaction dated Thursday, February 9th.

eBay Inc (NASDAQ:EBAY) traded down 0.485% on Wednesday, reaching $33.855. The stock was sold at an average price of $33.28, for a total value of $200,145.92. Following the completion of the sale, the vice president now owns 29,006 shares in the company, valued at approximately $964,449.50. Its platforms enable sellers around the world to organize and offer their inventory for sale, and buyers to find and purchase it. Usually the RSI is considered overbought when above 70 and oversold when less than 30.

United States of America based company, eBay Inc.



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