eBay (NASDAQ:EBAY) Price Target Raised to $100.00

eBay (NASDAQ:EBAY) had its price objective increased by Deutsche Bank Aktiengesellschaft from $96.00 to $100.00 in a research report report published on Thursday morning,MarketScreener reports.

A number of other equities analysts have also recently issued reports on the company. Susquehanna upped their price objective on eBay from $70.00 to $95.00 and gave the stock a “neutral” rating in a report on Friday, August 1st. Needham & Company LLC upped their price objective on eBay from $95.00 to $115.00 and gave the stock a “buy” rating in a report on Thursday. Weiss Ratings reiterated a “buy (b)” rating on shares of eBay in a report on Wednesday, October 8th. Wells Fargo & Company upped their price objective on eBay from $89.00 to $96.00 and gave the stock an “equal weight” rating in a report on Thursday. Finally, B. Riley upped their price objective on eBay from $94.00 to $96.00 and gave the stock a “buy” rating in a report on Monday, October 20th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eighteen have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, eBay presently has an average rating of “Hold” and a consensus price target of $93.74.

eBay Price Performance

EBAY opened at $81.31 on Thursday. The stock has a 50-day moving average price of $91.94 and a 200-day moving average price of $82.87. eBay has a 12-month low of $56.33 and a 12-month high of $101.15. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 1.05. The stock has a market capitalization of $37.16 billion, a P/E ratio of 17.68, a PEG ratio of 2.39 and a beta of 1.31.

eBay (NASDAQ:EBAY) last posted its quarterly earnings data on Wednesday, October 29th. The e-commerce company reported $1.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.33 by $0.03. eBay had a return on equity of 41.45% and a net margin of 20.37%.The firm had revenue of $2.82 billion during the quarter, compared to analysts’ expectations of $2.73 billion. During the same period in the prior year, the business earned $1.19 EPS. The company’s revenue for the quarter was up 9.5% compared to the same quarter last year. eBay has set its FY 2025 guidance at 4.090-4.140 EPS. Q4 2025 guidance at 1.310-1.360 EPS. Equities analysts predict that eBay will post 3.86 earnings per share for the current fiscal year.

eBay Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 12th. Shareholders of record on Friday, November 28th will be given a dividend of $0.29 per share. The ex-dividend date of this dividend is Friday, November 28th. This represents a $1.16 dividend on an annualized basis and a yield of 1.4%. eBay’s dividend payout ratio is presently 25.22%.

Insiders Place Their Bets

In other eBay news, SVP Mazen Rawashdeh sold 1,910 shares of the company’s stock in a transaction that occurred on Wednesday, September 17th. The stock was sold at an average price of $89.31, for a total transaction of $170,582.10. Following the completion of the transaction, the senior vice president owned 3,824 shares of the company’s stock, valued at $341,521.44. This represents a 33.31% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Cornelius Boone sold 4,439 shares of the company’s stock in a transaction that occurred on Thursday, September 18th. The shares were sold at an average price of $89.53, for a total value of $397,423.67. Following the transaction, the senior vice president directly owned 93,392 shares of the company’s stock, valued at $8,361,385.76. The trade was a 4.54% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 96,743 shares of company stock worth $8,979,844. 0.64% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of EBAY. Princeton Global Asset Management LLC raised its position in eBay by 433.9% during the 2nd quarter. Princeton Global Asset Management LLC now owns 331 shares of the e-commerce company’s stock valued at $25,000 after purchasing an additional 269 shares during the last quarter. Wealth Preservation Advisors LLC bought a new position in shares of eBay in the 1st quarter worth approximately $26,000. Financial Consulate Inc. bought a new position in shares of eBay in the 3rd quarter worth approximately $27,000. GFG Capital LLC bought a new position in shares of eBay in the 2nd quarter worth approximately $28,000. Finally, Steigerwald Gordon & Koch Inc. bought a new position in shares of eBay in the 3rd quarter worth approximately $28,000. Institutional investors own 87.48% of the company’s stock.

eBay Company Profile

eBay Inc, together with its subsidiaries, operates marketplace platforms that connect buyers and sellers in the United States, the United Kingdom, China, Germany, and internationally. The company’s marketplace platform includes its online marketplace at ebay.com, off-platform businesses, and the eBay suite of mobile apps.