Etsy, Inc. (NASDAQ:ETSY) is scheduled to post its quarterly earnings results after the market closes on Monday, October 30th. Analysts expect Etsy to post earnings of $0.06 per share for the quarter.

Etsy (NASDAQ:ETSY) last issued its quarterly earnings results on Thursday, August 3rd. The specialty retailer reported $0.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.04 by $0.06. Etsy had a negative net margin of 3.16% and a positive return on equity of 3.83%. The company had revenue of $101.70 million during the quarter, compared to analysts’ expectations of $101.14 million. During the same period last year, the company posted ($0.06) EPS. Etsy’s revenue was up 19.2% on a year-over-year basis. On average, analysts expect Etsy to post $0.27 EPS for the current fiscal year and $0.28 EPS for the next fiscal year.

Shares of Etsy, Inc. (NASDAQ:ETSY) traded down 3.24% on Monday, reaching $15.85. 1,797,269 shares of the company were exchanged. The company’s 50-day moving average is $16.81 and its 200-day moving average is $14.37. The company’s market capitalization is $1.76 billion. Etsy, Inc. has a 52 week low of $9.41 and a 52 week high of $17.90.

In other news, CEO Josh Silverman acquired 64,000 shares of the firm’s stock in a transaction on Tuesday, August 8th. The shares were bought at an average price of $15.67 per share, for a total transaction of $1,002,880.00. Following the acquisition, the chief executive officer now owns 64,000 shares of the company’s stock, valued at approximately $1,002,880. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 4.00% of the company’s stock.

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Several analysts have commented on the stock. BidaskClub raised shares of Etsy from a “hold” rating to a “buy” rating in a research report on Monday, August 14th. Roth Capital set a $14.00 price target on shares of Etsy and gave the company a “hold” rating in a research report on Monday, July 31st. Royal Bank Of Canada increased their price target on shares of Etsy from $12.00 to $16.00 and gave the company a “sector perform” rating in a research report on Friday, August 4th. Stifel Nicolaus increased their price target on shares of Etsy from $13.00 to $15.00 and gave the company a “hold” rating in a research report on Friday, August 4th. Finally, Zacks Investment Research lowered shares of Etsy from a “buy” rating to a “hold” rating in a research report on Thursday, August 31st. Ten equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $15.00.

About Etsy

Etsy, Inc (Etsy) operates a marketplace where people around the world connect, both online and offline, to make, sell and buy goods. The Company offers a range of seller services and tools that help entrepreneurs start, grow and manage their businesses. The Company’s community includes Etsy sellers, Etsy buyers, Etsy employees, its partners and investors.

Earnings History for Etsy (NASDAQ:ETSY)

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