Media stories about eBay (NASDAQ:EBAY) have been trending somewhat positive on Friday, according to InfoTrie Sentiment. The research firm identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. eBay earned a media sentiment score of 1.14 on their scale. InfoTrie also gave media stories about the e-commerce company an news buzz score of 4 out of 10, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the media stories that may have effected eBay’s score:
- Joo Man Park Sells 18,283 Shares of eBay Inc (EBAY) Stock (americanbankingnews.com)
- Why Is eBay (EBAY) Up 2.5% Since Last Earnings Report? (zacks.com)
- 7 Cool Shipping Container Homes You Can Buy on eBay for $70K or Less (geek.com)
- Today only, Ebay is having a major sale on hundreds of toys (yahoo.com)
- Save 25% On Ebay Purchases Between Now And Saturday (US Only) (gamespot.com)
A number of research firms have recently commented on EBAY. TheStreet upgraded eBay from a “c+” rating to a “b-” rating in a report on Wednesday, September 12th. Robert W. Baird reiterated a “buy” rating and issued a $41.00 price objective on shares of eBay in a report on Wednesday, October 17th. Benchmark reiterated a “buy” rating and issued a $50.00 price objective on shares of eBay in a report on Tuesday, October 16th. Royal Bank of Canada reiterated a “buy” rating and issued a $44.00 price objective on shares of eBay in a report on Monday, September 3rd. Finally, Aegis reiterated a “buy” rating and issued a $44.00 price objective on shares of eBay in a report on Tuesday, October 23rd. Two investment analysts have rated the stock with a sell rating, nineteen have issued a hold rating and fourteen have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $40.97.
NASDAQ EBAY opened at $29.52 on Friday. eBay has a fifty-two week low of $26.36 and a fifty-two week high of $46.99. The firm has a market capitalization of $28.65 billion, a PE ratio of 18.11, a P/E/G ratio of 1.62 and a beta of 1.32. The company has a quick ratio of 1.74, a current ratio of 1.74 and a debt-to-equity ratio of 1.11.
eBay (NASDAQ:EBAY) last announced its quarterly earnings data on Tuesday, October 30th. The e-commerce company reported $0.56 EPS for the quarter, beating the Zacks’ consensus estimate of $0.54 by $0.02. eBay had a positive return on equity of 23.65% and a negative net margin of 7.93%. The business had revenue of $2.65 billion during the quarter, compared to the consensus estimate of $2.65 billion. During the same quarter in the previous year, the business earned $0.48 earnings per share. The business’s revenue for the quarter was up 6.0% on a year-over-year basis. As a group, research analysts predict that eBay will post 1.84 earnings per share for the current fiscal year.
In other eBay news, SVP Joo Man Park sold 18,283 shares of the business’s stock in a transaction dated Tuesday, November 27th. The stock was sold at an average price of $28.58, for a total transaction of $522,528.14. Following the transaction, the senior vice president now owns 117,457 shares in the company, valued at $3,356,921.06. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Pierre M. Omidyar sold 36,000 shares of the business’s stock in a transaction dated Monday, November 26th. The stock was sold at an average price of $28.82, for a total value of $1,037,520.00. Following the transaction, the director now owns 45,364,858 shares in the company, valued at approximately $1,307,415,207.56. The disclosure for this sale can be found here. In the last three months, insiders have sold 57,809 shares of company stock valued at $1,659,517. 6.78% of the stock is owned by company insiders.
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eBay Company Profile
eBay Inc operates commerce platforms that connect various buyers and sellers worldwide. Its platforms enable sellers to organize and offer their inventory for sale; and buyers to find and purchase it virtually. The company's Marketplace platforms include its online marketplace at ebay.com and the eBay mobile apps; and StubHub platforms comprise its online ticket platform at stubhub.com, and the StubHub mobile apps and online ticket platform that connect fans with their favorite sporting events, shows, and artists, as well as enables them to buy and sell tickets.
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