Equities research analysts forecast that eBay Inc. (NASDAQ:EBAY) will post $2.61 billion in sales for the current fiscal quarter, Zacks reports. Eleven analysts have issued estimates for eBay’s earnings, with estimates ranging from $2.59 billion to $2.64 billion. eBay reported sales of $2.40 billion during the same quarter last year, which indicates a positive year-over-year growth rate of 8.8%. The firm is expected to report its next quarterly earnings report on Wednesday, January 24th.

According to Zacks, analysts expect that eBay will report full-year sales of $2.61 billion for the current financial year, with estimates ranging from $9.54 billion to $9.60 billion. For the next financial year, analysts expect that the company will report sales of $10.25 billion per share, with estimates ranging from $10.00 billion to $10.64 billion. Zacks’ sales calculations are a mean average based on a survey of research firms that follow eBay.

eBay (NASDAQ:EBAY) last posted its quarterly earnings results on Wednesday, October 18th. The e-commerce company reported $0.48 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.48. eBay had a net margin of 80.45% and a return on equity of 15.69%. The company had revenue of $2.41 billion for the quarter, compared to analyst estimates of $2.37 billion. During the same quarter in the previous year, the firm posted $0.45 earnings per share. The company’s quarterly revenue was up 8.7% compared to the same quarter last year.

EBAY has been the topic of several research reports. Mizuho reissued an “underperform” rating and issued a $34.00 price target on shares of eBay in a research report on Monday, August 7th. SunTrust Banks initiated coverage on shares of eBay in a research report on Tuesday, August 15th. They issued a “hold” rating and a $38.00 price target on the stock. Royal Bank Of Canada reissued a “hold” rating on shares of eBay in a research report on Friday, August 18th. Robert W. Baird reaffirmed an “outperform” rating and set a $38.00 target price on shares of eBay in a report on Sunday, August 20th. Finally, Canaccord Genuity reaffirmed a “hold” rating and set a $34.00 target price on shares of eBay in a report on Wednesday, September 6th. Two analysts have rated the stock with a sell rating, twenty-two have assigned a hold rating and seventeen have issued a buy rating to the company’s stock. eBay presently has an average rating of “Hold” and an average target price of $38.45.

Shares of eBay (NASDAQ EBAY) opened at $35.20 on Friday. eBay has a 12-month low of $27.69 and a 12-month high of $39.28. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.46 and a quick ratio of 2.46. The stock has a market cap of $36,215.28, a P/E ratio of 21.67, a PEG ratio of 2.66 and a beta of 1.34.

In other news, SVP Stephen Fisher sold 69,406 shares of the company’s stock in a transaction on Friday, October 20th. The shares were sold at an average price of $37.63, for a total value of $2,611,747.78. Following the completion of the sale, the senior vice president now owns 144,047 shares of the company’s stock, valued at approximately $5,420,488.61. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Brian J. Doerger sold 4,359 shares of the company’s stock in a transaction on Friday, November 10th. The shares were sold at an average price of $35.75, for a total transaction of $155,834.25. Following the completion of the sale, the vice president now directly owns 23,392 shares of the company’s stock, valued at approximately $836,264. The disclosure for this sale can be found here. Insiders sold a total of 209,242 shares of company stock valued at $7,780,047 in the last ninety days. 6.78% of the stock is owned by corporate insiders.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Steward Partners Investment Advisory LLC purchased a new stake in eBay during the 3rd quarter valued at $139,000. Public Employees Retirement System of Ohio boosted its position in eBay by 2.0% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 709,085 shares of the e-commerce company’s stock valued at $27,271,000 after buying an additional 13,906 shares during the period. GSA Capital Partners LLP boosted its position in eBay by 26.8% during the 3rd quarter. GSA Capital Partners LLP now owns 16,372 shares of the e-commerce company’s stock valued at $630,000 after buying an additional 3,456 shares during the period. Gofen & Glossberg LLC IL purchased a new stake in eBay during the 3rd quarter valued at $204,000. Finally, Wunderlich Capital Managemnt boosted its position in eBay by 28.5% during the 3rd quarter. Wunderlich Capital Managemnt now owns 26,294 shares of the e-commerce company’s stock valued at $1,011,000 after buying an additional 5,828 shares during the period. 86.23% of the stock is owned by institutional investors and hedge funds.

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eBay Company Profile

eBay Inc (eBay) is a commerce company, which operates through its Marketplace, StubHub and Classifieds platforms. The Company connects buyers and sellers around the world. Its platforms enable sellers around the world to organize and offer their inventory for sale, and buyers to find and purchase it.

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Earnings History and Estimates for eBay (NASDAQ:EBAY)

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