eBay Inc. (NASDAQ:EBAY) Given Average Rating of “Hold” by Brokerages

eBay Inc. (NASDAQ:EBAY) has been assigned an average rating of “Hold” from the thirty-six research firms that are presently covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a sell recommendation, eighteen have issued a hold recommendation, fifteen have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $94.5161.

A number of research analysts recently issued reports on EBAY shares. Wedbush increased their price objective on eBay from $90.00 to $95.00 and gave the stock a “neutral” rating in a report on Friday, October 31st. Arete raised shares of eBay from a “sell” rating to a “neutral” rating and set a $91.00 price target for the company in a research note on Thursday, August 7th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of eBay from $96.00 to $100.00 in a report on Thursday, October 30th. Barclays increased their target price on shares of eBay from $92.00 to $105.00 and gave the stock an “overweight” rating in a report on Thursday, October 30th. Finally, UBS Group set a $95.00 target price on shares of eBay in a research report on Thursday, October 30th.

Insider Buying and Selling

In other 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 sale, the senior vice president owned 3,824 shares in the company, valued at $341,521.44. This represents a 33.31% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Jamie Iannone sold 7,221 shares of the firm’s stock in a transaction on Wednesday, November 5th. The shares were sold at an average price of $81.08, for a total transaction of $585,478.68. Following the completion of the transaction, the chief executive officer directly owned 235,781 shares of the company’s stock, valued at $19,117,123.48. This represents a 2.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 63,317 shares of company stock worth $5,361,568. Insiders own 0.64% of the company’s stock.

Institutional Trading of eBay

A number of large investors have recently added to or reduced their stakes in the company. NewEdge Wealth LLC raised its holdings in shares of eBay by 1.7% in the 3rd quarter. NewEdge Wealth LLC now owns 621,134 shares of the e-commerce company’s stock valued at $56,492,000 after purchasing an additional 10,287 shares during the period. Alberta Investment Management Corp bought a new position in shares of eBay during the 3rd quarter worth approximately $5,202,000. Syon Capital LLC boosted its stake in shares of eBay by 21.6% during the 3rd quarter. Syon Capital LLC now owns 10,653 shares of the e-commerce company’s stock worth $969,000 after acquiring an additional 1,893 shares during the period. Axxcess Wealth Management LLC increased its holdings in shares of eBay by 3.8% during the 3rd quarter. Axxcess Wealth Management LLC now owns 5,129 shares of the e-commerce company’s stock worth $466,000 after acquiring an additional 190 shares during the last quarter. Finally, Crestwood Advisors Group LLC lifted its holdings in eBay by 13.3% during the 3rd quarter. Crestwood Advisors Group LLC now owns 3,508 shares of the e-commerce company’s stock valued at $319,000 after purchasing an additional 411 shares during the last quarter. Institutional investors and hedge funds own 87.48% of the company’s stock.

eBay Trading Up 3.6%

Shares of NASDAQ:EBAY opened at $83.80 on Friday. The firm has a market cap of $37.88 billion, a price-to-earnings ratio of 18.22, a PEG ratio of 2.39 and a beta of 1.29. eBay has a 12 month low of $58.71 and a 12 month high of $101.15. The company’s fifty day simple moving average is $90.74 and its 200 day simple moving average is $83.31. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 1.05.

eBay (NASDAQ:EBAY) last announced its earnings results on Wednesday, October 29th. The e-commerce company reported $1.36 earnings per share for the quarter, topping analysts’ consensus estimates of $1.33 by $0.03. eBay had a net margin of 20.37% and a return on equity of 41.45%. The firm had revenue of $2.82 billion during the quarter, compared to analyst estimates 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. As a group, research analysts forecast that eBay will post 3.86 EPS for the current fiscal year.

eBay Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 12th. Stockholders of record on Friday, November 28th will be issued a $0.29 dividend. The ex-dividend date is Friday, November 28th. This represents a $1.16 annualized dividend and a dividend yield of 1.4%. eBay’s dividend payout ratio (DPR) is presently 25.22%.

About eBay

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.