Citizens Jmp Issues Positive Forecast for eBay (NASDAQ:EBAY) Stock Price

eBay (NASDAQ:EBAY) had its price objective upped by Citizens Jmp from $120.00 to $125.00 in a report published on Tuesday,Benzinga reports. They currently have a market outperform rating on the e-commerce company’s stock.

A number of other equities analysts have also recently issued reports on the company. President Capital raised their target price on eBay from $102.00 to $126.00 and gave the stock a “buy” rating in a report on Thursday, June 25th. Deutsche Bank Aktiengesellschaft set a $124.00 price target on eBay in a research note on Monday, May 4th. Morgan Stanley increased their price target on shares of eBay to $117.00 and gave the company an “overweight” rating in a research report on Tuesday, April 28th. Susquehanna lifted their price objective on shares of eBay from $95.00 to $110.00 and gave the stock a “neutral” rating in a research note on Friday, May 1st. Finally, The Goldman Sachs Group boosted their price objective on shares of eBay from $88.00 to $100.00 and gave the company a “neutral” rating in a report on Thursday, April 30th. Thirteen research analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $109.13.

eBay Stock Performance

Shares of eBay stock opened at $112.54 on Tuesday. The firm has a fifty day moving average of $111.33 and a two-hundred day moving average of $98.88. The stock has a market capitalization of $49.97 billion, a price-to-earnings ratio of 25.52, a PEG ratio of 2.54 and a beta of 1.37. eBay has a 52 week low of $75.78 and a 52 week high of $119.31. The company has a debt-to-equity ratio of 1.36, a quick ratio of 1.22 and a current ratio of 1.22.

eBay (NASDAQ:EBAY) last posted its quarterly earnings results on Wednesday, April 29th. The e-commerce company reported $1.66 earnings per share for the quarter, beating analysts’ consensus estimates of $1.58 by $0.08. eBay had a return on equity of 46.11% and a net margin of 17.58%.The company had revenue of $3.09 billion for the quarter, compared to the consensus estimate of $3.04 billion. During the same quarter in the prior year, the business posted $1.38 EPS. The firm’s quarterly revenue was up 19.5% on a year-over-year basis. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. As a group, equities research analysts predict that eBay will post 4.87 EPS for the current year.

eBay Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 12th. Shareholders of record on Friday, May 29th were paid a $0.31 dividend. The ex-dividend date of this dividend was Friday, May 29th. This represents a $1.24 dividend on an annualized basis and a yield of 1.1%. eBay’s payout ratio is presently 28.12%.

Insider Activity

In other news, SVP Mazen Rawashdeh sold 50,000 shares of the stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $117.04, for a total transaction of $5,852,000.00. Following the completion of the sale, the senior vice president owned 29,217 shares of the company’s stock, valued at $3,419,557.68. This represents a 63.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jamie Iannone sold 11,110 shares of the firm’s stock in a transaction on Monday, July 6th. The stock was sold at an average price of $113.33, for a total transaction of $1,259,096.30. Following the sale, the chief executive officer owned 275,431 shares in the company, valued at approximately $31,214,595.23. The trade was a 3.88% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 76,012 shares of company stock worth $8,747,852 over the last quarter. 0.67% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On eBay

A number of large investors have recently added to or reduced their stakes in the company. Guggenheim Capital LLC raised its holdings in shares of eBay by 7.4% in the second quarter. Guggenheim Capital LLC now owns 14,334 shares of the e-commerce company’s stock valued at $1,067,000 after purchasing an additional 988 shares during the last quarter. Jump Financial LLC bought a new position in eBay in the second quarter valued at $275,000. NewEdge Advisors LLC grew its position in eBay by 70.4% in the second quarter. NewEdge Advisors LLC now owns 108,572 shares of the e-commerce company’s stock valued at $8,084,000 after purchasing an additional 44,851 shares in the last quarter. Sei Investments Co. increased its stake in eBay by 48.7% in the 2nd quarter. Sei Investments Co. now owns 471,543 shares of the e-commerce company’s stock valued at $35,111,000 after buying an additional 154,465 shares during the last quarter. Finally, Treasurer of the State of North Carolina increased its stake in eBay by 26.3% in the 2nd quarter. Treasurer of the State of North Carolina now owns 325,678 shares of the e-commerce company’s stock valued at $24,250,000 after buying an additional 67,731 shares during the last quarter. Institutional investors own 87.48% of the company’s stock.

About eBay

eBay Inc is a global e-commerce company that operates an online marketplace connecting individual consumers and businesses for the sale and purchase of new, used and collectible goods. Founded in 1995 by Pierre Omidyar and headquartered in San Jose, California, eBay grew from its early auction-style site into a diversified platform offering both auction-format listings and fixed-price “Buy It Now” transactions. The company completed an initial public offering in the late 1990s and has since evolved its platform and services to support a broad range of product categories and buyer preferences.

The company’s core business centers on its marketplace platform, which provides listing, search and transaction capabilities for millions of items across consumer goods, electronics, fashion, collectibles and more.