eBay Target of Unusually Large Options Trading (EBAY)
eBay (NASDAQ:EBAY) was the target of unusually large options trading on Friday. Traders bought 10,126 put options on the stock, StockRatingsNetwork.com reports. This represents an increase of approximately 113% compared to the average daily volume of 4,759 put options.
EBAY has been the subject of a number of recent research reports. Analysts at SunTrust cut their price target on shares of eBay (NASDAQ:EBAY) from $63.00 to $59.00 in a research note to investors on Friday, September 6th. Separately, analysts at Wedbush reiterated an “outperform” rating on shares of eBay (NASDAQ:EBAY) in a research note to investors on Wednesday, September 4th. They now have a $64.00 price target on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of eBay (NASDAQ:EBAY) in a research note to investors on Friday, August 23rd. They now have a $54.00 price target on the stock.
Nine analysts have rated the stock with a hold rating and thirty-five have given a buy rating to the company. eBay presently has a consensus rating of “Buy” and a consensus price target of $62.17.
eBay (NASDAQ:EBAY) traded up 1.19% on Monday, hitting $54.46. 1,073,718 shares of the company’s stock traded hands. eBay has a one year low of $45.66 and a one year high of $58.04. The stock’s 50-day moving average is $52.37 and its 200-day moving average is $53.36. The company has a market cap of $70.500 billion and a price-to-earnings ratio of 26.51.
eBay (NASDAQ:EBAY) last posted its quarterly earnings results on Wednesday, July 17th. The company reported $0.63 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.63. The company had revenue of $3.88 billion for the quarter, compared to the consensus estimate of $3.89 billion. During the same quarter in the prior year, the company posted $0.56 earnings per share. The company’s quarterly revenue was up 14.1% on a year-over-year basis. Analysts expect that eBay will post $2.71 EPS for the current fiscal year.
eBay Inc is a global technology company that enables commerce through three reportable segments: Marketplaces, Payments, and GSI.
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