eBay Inc. (NASDAQ:EBAY - Free Report) - Stock analysts at Wedbush issued their Q1 2025 earnings per share estimates for shares of eBay in a research report issued to clients and investors on Monday, December 9th. Wedbush analyst S. Devitt forecasts that the e-commerce company will post earnings per share of $1.11 for the quarter. Wedbush currently has a "Neutral" rating and a $70.00 target price on the stock. The consensus estimate for eBay's current full-year earnings is $3.87 per share.
A number of other brokerages have also weighed in on EBAY. UBS Group reduced their price objective on shares of eBay from $72.00 to $66.00 and set a "neutral" rating on the stock in a report on Thursday, October 31st. Citigroup raised their price target on eBay from $65.00 to $68.00 and gave the company a "buy" rating in a research note on Thursday, October 31st. Morgan Stanley upped their price objective on eBay from $65.00 to $71.00 and gave the stock an "overweight" rating in a research report on Friday, October 25th. The Goldman Sachs Group raised their target price on eBay from $46.00 to $55.00 and gave the stock a "sell" rating in a research report on Tuesday, October 15th. Finally, Benchmark reaffirmed a "buy" rating and issued a $65.00 price target on shares of eBay in a report on Tuesday, October 29th. Two research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $62.63.
View Our Latest Stock Analysis on EBAY
eBay Stock Up 1.6 %
eBay stock traded up $0.98 during trading on Thursday, reaching $64.15. The stock had a trading volume of 2,415,524 shares, compared to its average volume of 5,297,794. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 1.14. eBay has a 52-week low of $40.16 and a 52-week high of $67.80. The stock has a market cap of $30.73 billion, a PE ratio of 16.02, a P/E/G ratio of 1.67 and a beta of 1.35. The business has a 50 day moving average price of $63.45 and a 200 day moving average price of $59.00.
Institutional Investors Weigh In On eBay
Several institutional investors have recently made changes to their positions in the stock. Ameriprise Financial Inc. lifted its stake in shares of eBay by 17.6% in the second quarter. Ameriprise Financial Inc. now owns 25,964,196 shares of the e-commerce company's stock valued at $1,394,797,000 after purchasing an additional 3,880,649 shares during the period. Wellington Management Group LLP acquired a new stake in shares of eBay during the 3rd quarter valued at approximately $105,506,000. Altshuler Shaham Ltd purchased a new stake in shares of eBay during the 2nd quarter worth approximately $71,593,000. LSV Asset Management grew its holdings in shares of eBay by 22.2% in the 2nd quarter. LSV Asset Management now owns 6,705,345 shares of the e-commerce company's stock worth $360,211,000 after acquiring an additional 1,216,885 shares during the period. Finally, Renaissance Technologies LLC purchased a new position in eBay in the 2nd quarter valued at approximately $49,924,000. 87.48% of the stock is currently owned by hedge funds and other institutional investors.
Insiders Place Their Bets
In other eBay news, CEO Jamie Iannone sold 5,625 shares of the business's stock in a transaction that occurred on Friday, October 4th. The stock was sold at an average price of $66.09, for a total transaction of $371,756.25. Following the transaction, the chief executive officer now owns 559,291 shares in the company, valued at approximately $36,963,542.19. The trade was a 1.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Stephen J. Priest sold 1,167 shares of the stock in a transaction that occurred on Wednesday, October 16th. The stock was sold at an average price of $66.63, for a total value of $77,757.21. Following the transaction, the chief financial officer now directly owns 65,079 shares of the company's stock, valued at approximately $4,336,213.77. This trade represents a 1.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 52,641 shares of company stock worth $3,370,974. 0.38% of the stock is owned by insiders.
eBay Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 13th. Shareholders of record on Friday, November 29th will be paid a $0.27 dividend. The ex-dividend date is Friday, November 29th. This represents a $1.08 annualized dividend and a yield of 1.68%. eBay's dividend payout ratio is currently 27.14%.
About eBay
(
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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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