eBay (NASDAQ:EBAY) Upgraded by Wall Street Zen to Buy Rating

Wall Street Zen upgraded shares of eBay (NASDAQ:EBAY) from a hold rating to a buy rating in a research report report published on Saturday.

A number of other analysts have also commented on the stock. B. Riley lifted their target price on shares of eBay from $94.00 to $96.00 and gave the stock a “buy” rating in a report on Monday, October 20th. Jefferies Financial Group upped their price objective on eBay from $60.00 to $65.00 and gave the company an “underperform” rating in a report on Friday, October 17th. Daiwa Capital Markets reduced their target price on eBay from $99.00 to $84.00 and set a “neutral” rating on the stock in a report on Wednesday, November 12th. The Goldman Sachs Group upped their price target on eBay from $72.00 to $78.00 and gave the company a “sell” rating in a research note on Thursday, October 30th. Finally, Sanford C. Bernstein set a $90.00 price target on shares of eBay in a research report on Friday, October 31st. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, twenty have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $94.41.

eBay Trading Down 0.0%

EBAY stock opened at $87.06 on Friday. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 1.06. eBay has a twelve month low of $58.71 and a twelve month high of $101.15. The company has a market cap of $39.35 billion, a P/E ratio of 18.93, a PEG ratio of 2.03 and a beta of 1.35. The business has a fifty day moving average of $84.49 and a 200-day moving average of $86.64.

eBay (NASDAQ:EBAY) last announced its quarterly earnings data on Wednesday, October 29th. The e-commerce company reported $1.36 earnings per share for the quarter, topping the consensus estimate of $1.33 by $0.03. eBay had a return on equity of 41.94% 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 previous year, the business posted $1.19 EPS. The company’s quarterly revenue was up 9.5% compared to the same quarter last year. eBay has set its FY 2025 guidance at 4.090-4.140 EPS and its Q4 2025 guidance at 1.310-1.360 EPS. As a group, equities research analysts expect that eBay will post 3.86 EPS for the current year.

eBay Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 12th. Stockholders of record on Friday, November 28th were given a dividend of $0.29 per share. The ex-dividend date of this dividend was Friday, November 28th. This represents a $1.16 annualized dividend and a dividend yield of 1.3%. eBay’s dividend payout ratio is currently 25.22%.

Insider Buying and Selling at eBay

In other eBay news, SVP Cornelius Boone sold 4,462 shares of the stock in a transaction dated Thursday, December 18th. The stock was sold at an average price of $83.94, for a total transaction of $374,540.28. Following the completion of the transaction, the senior vice president owned 91,921 shares in the company, valued at approximately $7,715,848.74. This represents a 4.63% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Julie A. Loeger sold 2,896 shares of eBay stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $82.44, for a total value of $238,746.24. Following the completion of the sale, the senior vice president directly owned 55,990 shares in the company, valued at $4,615,815.60. This represents a 4.92% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 60,896 shares of company stock valued at $5,051,424 over the last quarter. 0.64% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. Advisors Asset Management Inc. boosted its position in eBay by 9.0% during the 1st quarter. Advisors Asset Management Inc. now owns 19,999 shares of the e-commerce company’s stock worth $1,355,000 after acquiring an additional 1,647 shares during the last quarter. Banque Transatlantique SA acquired a new position in eBay during the first quarter worth $60,000. Cinctive Capital Management LP acquired a new position in eBay during the first quarter worth $613,000. NewEdge Advisors LLC grew its position in eBay by 13.7% in the first quarter. NewEdge Advisors LLC now owns 63,721 shares of the e-commerce company’s stock valued at $4,316,000 after purchasing an additional 7,659 shares in the last quarter. Finally, Polar Asset Management Partners Inc. acquired a new stake in eBay in the 1st quarter valued at $7,085,000. 87.48% of the stock is owned by institutional investors and hedge funds.

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.