eBay (NASDAQ:EBAY) Price Target Cut to $94.00 by Analysts at President Capital

eBay (NASDAQ:EBAY) had its price target decreased by President Capital from $103.00 to $94.00 in a report released on Friday,MarketScreener reports. President Capital currently has a buy rating on the e-commerce company’s stock.

A number of other equities analysts also recently issued reports on the company. Rothschild & Co Redburn reduced their price target on eBay from $95.00 to $90.00 in a research report on Friday, November 7th. BMO Capital Markets upped their target price on eBay from $102.00 to $107.00 and gave the company an “outperform” rating in a research report on Thursday, October 30th. Sanford C. Bernstein set a $90.00 price target on eBay in a research note on Friday, October 31st. Citigroup restated a “market outperform” rating on shares of eBay in a research note on Thursday, October 30th. Finally, B. Riley upped their price objective on shares of eBay from $94.00 to $96.00 and gave the company a “buy” rating in a report on Monday, October 20th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, twenty have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $94.41.

eBay Stock Performance

Shares of eBay stock opened at $84.66 on Friday. The company has a market capitalization of $38.27 billion, a PE ratio of 18.40, a P/E/G ratio of 2.11 and a beta of 1.35. The company has a 50-day simple moving average of $85.99 and a two-hundred day simple moving average of $86.02. eBay has a one year low of $58.71 and a one year high of $101.15. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.92 and a current ratio of 0.92.

eBay (NASDAQ:EBAY) last released its quarterly earnings results on Wednesday, October 29th. The e-commerce company reported $1.36 earnings per share for the quarter, beating analysts’ consensus estimates of $1.33 by $0.03. The business had revenue of $2.82 billion for the quarter, compared to analysts’ expectations of $2.73 billion. eBay had a net margin of 20.37% and a return on equity of 41.94%. The company’s revenue was up 9.5% compared to the same quarter last year. During the same period last year, the business earned $1.19 EPS. eBay has set its FY 2025 guidance at 4.090-4.140 EPS and its Q4 2025 guidance at 1.310-1.360 EPS. Research analysts expect that eBay will post 3.86 EPS for the current fiscal year.

eBay Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, December 12th. Investors of record on Friday, November 28th were issued a dividend of $0.29 per share. The ex-dividend date of this dividend was Friday, November 28th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.4%. eBay’s payout ratio is 25.22%.

Insider Transactions at eBay

In related news, CEO Jamie Iannone sold 7,221 shares of the stock in a transaction that occurred on Wednesday, November 5th. The shares were sold at an average price of $81.08, for a total value of $585,478.68. Following the transaction, the chief executive officer owned 235,781 shares in the company, valued at approximately $19,117,123.48. This represents a 2.97% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Mazen Rawashdeh sold 1,920 shares of the firm’s stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $81.90, for a total transaction of $157,248.00. Following the transaction, the senior vice president directly owned 5,746 shares of the company’s stock, valued at $470,597.40. This represents a 25.05% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 60,896 shares of company stock valued at $5,051,424 over the last quarter. Company insiders own 0.64% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Princeton Global Asset Management LLC grew 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 worth $25,000 after purchasing an additional 269 shares during the period. Wealth Preservation Advisors LLC acquired a new stake in eBay during the first quarter worth about $26,000. Financial Consulate Inc. purchased a new position in eBay during the third quarter valued at approximately $27,000. GFG Capital LLC purchased a new position in eBay during the second quarter valued at approximately $28,000. Finally, Steigerwald Gordon & Koch Inc. acquired a new position in eBay in the third quarter valued at approximately $28,000. 87.48% of the stock is currently owned by institutional investors and hedge funds.

eBay Company Profile

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.