eBay (EBAY) to Release Earnings on Tuesday
eBay (NASDAQ:EBAY) is set to release its earnings data after the market closes on Tuesday, January 23rd. Analysts expect eBay to post earnings of $0.59 per share for the quarter.
eBay (NASDAQ:EBAY) last posted its quarterly earnings data on Wednesday, October 18th. The e-commerce company reported $0.48 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.48. The company had revenue of $2.41 billion for the quarter, compared to the consensus estimate of $2.37 billion. eBay had a net margin of 80.45% and a return on equity of 15.69%. The business’s revenue was up 8.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.45 EPS. On average, analysts expect eBay to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Shares of eBay (EBAY) opened at $38.02 on Tuesday. The firm has a market cap of $39,710.00, a PE ratio of 5.62, a P/E/G ratio of 2.64 and a beta of 1.34. eBay has a 52 week low of $29.69 and a 52 week high of $40.13. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.46 and a quick ratio of 2.46.
A number of analysts recently weighed in on the stock. Morgan Stanley set a $36.00 target price on shares of eBay and gave the company a “sell” rating in a research note on Friday. SunTrust Banks raised shares of eBay from a “hold” rating to a “buy” rating and set a $38.00 target price on the stock in a research note on Friday. UBS Group set a $44.00 target price on shares of eBay and gave the company a “buy” rating in a research note on Thursday, January 11th. Robert W. Baird upped their target price on shares of eBay from $38.00 to $44.00 and gave the company an “outperform” rating in a research note on Tuesday, January 9th. Finally, Aegis reissued a “buy” rating and issued a $45.00 target price on shares of eBay in a research note on Saturday, December 30th. Two research analysts have rated the stock with a sell rating, twenty have issued a hold rating and nineteen have given a buy rating to the stock. eBay presently has a consensus rating of “Hold” and an average target price of $38.88.
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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