Media stories about eBay (NASDAQ:EBAY) have trended positive recently, according to InfoTrie. InfoTrie rates the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. eBay earned a media sentiment score of 2.25 on their scale. InfoTrie also gave news coverage about the e-commerce company an news buzz score of 0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company’s share price in the next few days.
Here are some of the media stories that may have impacted eBay’s analysis:
A number of analysts recently issued reports on the stock. Deutsche Bank raised their target price on shares of eBay from $42.00 to $46.00 and gave the stock a “buy” rating in a research report on Thursday, July 18th. Citigroup lifted their price target on shares of eBay from $40.00 to $48.00 and gave the company a “buy” rating in a report on Thursday, July 18th. JPMorgan Chase & Co. raised their target price on shares of eBay from $36.00 to $39.00 and gave the company a “neutral” rating in a research note on Wednesday, April 24th. Aegis reissued a “buy” rating and issued a $45.00 target price (up previously from $43.00) on shares of eBay in a research note on Thursday, July 18th. Finally, BMO Capital Markets raised their price objective on shares of eBay from $45.00 to $46.00 and gave the stock an “outperform” rating in a report on Wednesday, April 24th. Three research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and fourteen have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $41.52.
EBAY stock traded up $0.37 during mid-day trading on Monday, hitting $40.39. 6,552,059 shares of the company were exchanged, compared to its average volume of 10,390,609. eBay has a 1-year low of $26.01 and a 1-year high of $42.00. The company has a debt-to-equity ratio of 1.89, a quick ratio of 1.31 and a current ratio of 1.31. The firm has a market cap of $33.08 billion, a P/E ratio of 17.41, a P/E/G ratio of 1.88 and a beta of 1.37. The firm’s 50 day simple moving average is $40.24 and its 200 day simple moving average is $37.88.
eBay (NASDAQ:EBAY) last posted its quarterly earnings results on Wednesday, July 17th. The e-commerce company reported $0.68 EPS for the quarter, beating the Zacks’ consensus estimate of $0.49 by $0.19. The business had revenue of $2.69 billion during the quarter, compared to the consensus estimate of $2.67 billion. eBay had a return on equity of 36.67% and a net margin of 22.12%. eBay’s revenue for the quarter was up 1.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.53 earnings per share. On average, equities research analysts predict that eBay will post 2.22 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Friday, September 20th. Investors of record on Tuesday, September 3rd will be paid a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 1.39%. The ex-dividend date of this dividend is Friday, August 30th. eBay’s dividend payout ratio (DPR) is presently 24.14%.
In other eBay news, SVP Jae Hyun Lee sold 48,111 shares of the stock in a transaction that occurred on Thursday, August 1st. The stock was sold at an average price of $41.92, for a total transaction of $2,016,813.12. Following the transaction, the senior vice president now directly owns 197,247 shares in the company, valued at approximately $8,268,594.24. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Matthew J. Murphy purchased 6,000 shares of the business’s stock in a transaction on Monday, August 5th. The shares were acquired at an average price of $38.79 per share, for a total transaction of $232,740.00. The disclosure for this purchase can be found here. In the last ninety days, insiders sold 232,942 shares of company stock valued at $9,661,957. 5.60% of the stock is owned by insiders.
eBay Inc operates commerce platforms connecting various buyers and sellers worldwide. The company’s Marketplace platforms include its online marketplace at ebay.com and the eBay suite of mobile apps; and StubHub platforms comprise its online ticket platform at stubhub.com, and the StubHub mobile apps that connect fans with their favorite sporting events, shows, and artists, as well as enables them to buy and sell tickets.
Receive News & Ratings for eBay Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for eBay and related companies with MarketBeat.com’s FREE daily email newsletter.