EBay Inc. (NASDAQ:EBAY) traded at $51.54 at close of the session on Tuesday, April 30, made a downward move of -2.29% on its previous day’s price.
Looking at the stock we see that its previous close was $52.75 . The company has a trailing 12-month PE ratio of 9.89. In terms of its 52-week price range, EBAY has a high of $52.93 and a low of $37.17. The company’s stock has lost about -1.40% over that past 30 days.
EBay Inc. has a market cap of $26.15 billion. With its Forward Dividend at 1.02 and a yield of 1.98%, the company’s investors could be anxious for the EBAY stock to gain ahead of the earnings release. Estimates by analysts give the company expected earnings per share (EPS) of $1.2, with the EPS growth for the year raised at $4.67 for 2024 and $5.02 for next year. These figures represent 10.10% and 7.50% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $2.53 billion, with a low of $2.52 billion and a high of $2.56 billion. The median projection represents growth squeezing down to 0.80% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2024 is expected to hit $10.29 billion, or 1.80% up from figures reported last year.
On the other hand, looking at the outlook for the EBAY stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of 100% Buy. Long term indicators on average place the stock in the category of 100% Buy.
Looking further, we note that the PEG ratio for the EBAY stock currently stands at 1.29, and the current price level is 0.39% off its SMA20 and 2.86% from its 50-day simple moving average. The RSI (14) is pointing at 53.62 while the volatility over the past week is 1.93% and jumps to 1.85% over the past one month. The beta value is 1.31, while the average true range (ATR) is currently pointing at 1.01.
Coming back to EBay Inc. (NASDAQ:EBAY), we note that the average 3-month trading volume was 6.67 million. Current shares outstanding are 517.00 million.
The insiders hold 0.31% of the company’s shares while institutions hold 92.67%. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 18.16% up in year-to-date price movement.
