eBay (EBAY) Projected to Post Earnings on Wednesday

eBay (NASDAQ:EBAY - Get Free Report) is expected to be announcing its earnings results after the market closes on Wednesday, February 26th. Analysts expect the company to announce earnings of $1.20 per share and revenue of $2.58 billion for the quarter. Investors interested in registering for the company's conference call can do so using this link.

eBay Stock Down 0.1 %

EBAY traded down $0.07 on Friday, reaching $69.39. 4,009,401 shares of the company traded hands, compared to its average volume of 4,335,382. The company has a debt-to-equity ratio of 1.14, a current ratio of 1.25 and a quick ratio of 1.25. The company has a market cap of $33.24 billion, a price-to-earnings ratio of 17.43, a PEG ratio of 2.21 and a beta of 1.35. eBay has a 52-week low of $43.12 and a 52-week high of $71.52. The stock's 50 day moving average price is $65.76 and its 200-day moving average price is $63.22.

Insider Activity

In other news, CFO Stephen J. Priest sold 5,252 shares of the company's stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $63.63, for a total value of $334,184.76. Following the sale, the chief financial officer now owns 65,080 shares of the company's stock, valued at approximately $4,141,040.40. This represents a 7.47 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Jamie Iannone sold 5,625 shares of the company's stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $63.21, for a total transaction of $355,556.25. Following the completion of the sale, the chief executive officer now directly owns 531,167 shares in the company, valued at approximately $33,575,066.07. The trade was a 1.05 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 27,149 shares of company stock worth $1,746,065. 0.38% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

EBAY has been the subject of several recent research reports. Wells Fargo & Company boosted their target price on shares of eBay from $59.00 to $61.00 and gave the stock an "equal weight" rating in a research report on Monday, February 3rd. Wedbush initiated coverage on shares of eBay in a research report on Monday, December 9th. They issued a "neutral" rating and a $70.00 target price for the company. JPMorgan Chase & Co. decreased their target price on shares of eBay from $60.00 to $58.00 and set a "neutral" rating for the company in a research report on Friday, November 1st. TD Cowen boosted their target price on shares of eBay from $45.00 to $54.00 and gave the stock a "hold" rating in a research report on Friday, October 25th. Finally, StockNews.com downgraded shares of eBay from a "buy" rating to a "hold" rating in a research report on Monday, November 11th. Two investment analysts have rated the stock with a sell rating, seventeen have issued a hold rating and nine have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $63.13.

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.