eBay (NASDAQ:EBAY – Get Free Report) will release its earnings data after the market closes on Wednesday, October 30th. Analysts expect eBay to post earnings of $1.18 per share for the quarter. eBay has set its Q3 guidance at $1.15-1.20 EPS and its Q3 2024 guidance at 1.150-1.200 EPS.Investors that wish to listen to the company’s conference call can do so using this link.
eBay (NASDAQ:EBAY – Get Free Report) last released its quarterly earnings data on Wednesday, July 31st. The e-commerce company reported $0.88 earnings per share for the quarter, hitting the consensus estimate of $0.88. eBay had a net margin of 26.41% and a return on equity of 29.69%. The company had revenue of $2.57 billion for the quarter, compared to analyst estimates of $2.53 billion. On average, analysts expect eBay to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.
eBay Stock Performance
EBAY opened at $63.10 on Monday. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 1.12. The stock has a market cap of $30.86 billion, a price-to-earnings ratio of 12.25, a PEG ratio of 2.45 and a beta of 1.32. eBay has a 12-month low of $37.17 and a 12-month high of $67.80. The business has a 50 day moving average of $62.71 and a 200-day moving average of $56.47.
Insider Activity at eBay
Wall Street Analysts Forecast Growth
A number of analysts have recently issued reports on the stock. Susquehanna raised their target price on shares of eBay from $52.00 to $60.00 and gave the stock a “neutral” rating in a research note on Friday, August 2nd. UBS Group boosted their price objective on eBay from $59.00 to $72.00 and gave the stock a “neutral” rating in a report on Thursday. TD Cowen increased their target price on eBay from $45.00 to $54.00 and gave the stock a “hold” rating in a research note on Friday. Benchmark boosted their price target on eBay from $58.00 to $65.00 and gave the company a “buy” rating in a research note on Thursday, August 1st. Finally, Robert W. Baird increased their price objective on eBay from $62.00 to $70.00 and gave the stock an “outperform” rating in a research report on Friday, October 11th. One equities research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat, eBay presently has a consensus rating of “Hold” and a consensus price target of $62.14.
Read Our Latest Report on EBAY
eBay Company Profile
eBay Inc, together with its subsidiaries, operates marketplace platforms that connect buyers and sellers in the United States, the United Kingdom, China, Germany, and internationally. The company’s marketplace platform includes its online marketplace at ebay.com, off-platform businesses, and the eBay suite of mobile apps.
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