eBay (NASDAQ:EBAY) Lowered to “Hold” Rating by Wall Street Zen

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

Other research analysts have also recently issued reports about the company. UBS Group set a $96.00 price objective on eBay in a report on Thursday, February 19th. Citigroup lifted their price objective on eBay from $107.00 to $114.00 and gave the company a “buy” rating in a report on Friday, March 6th. Wedbush lifted their price objective on eBay from $95.00 to $100.00 and gave the company a “neutral” rating in a report on Friday, February 20th. The Goldman Sachs Group raised eBay from a “sell” rating to a “neutral” rating and set a $88.00 price objective for the company in a report on Thursday, February 19th. Finally, Cantor Fitzgerald reissued a “neutral” rating and set a $90.00 price objective on shares of eBay in a report on Thursday, February 19th. Fourteen research analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, eBay currently has a consensus rating of “Hold” and a consensus target price of $98.38.

eBay Stock Up 2.6%

Shares of NASDAQ EBAY opened at $104.65 on Friday. The stock has a market cap of $46.88 billion, a PE ratio of 24.06, a PEG ratio of 2.13 and a beta of 1.34. The business has a fifty day moving average of $90.64 and a two-hundred day moving average of $88.94. eBay has a 52-week low of $64.68 and a 52-week high of $105.40. The company has a debt-to-equity ratio of 1.30, a quick ratio of 1.10 and a current ratio of 1.10.

eBay (NASDAQ:EBAY) last issued its quarterly earnings data on Wednesday, February 18th. The e-commerce company reported $1.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.35 by $0.06. The company had revenue of $2.97 billion during the quarter, compared to analysts’ expectations of $2.87 billion. eBay had a return on equity of 43.04% and a net margin of 18.30%.The business’s revenue was up 15.0% on a year-over-year basis. During the same period last year, the business earned $1.25 earnings per share. eBay has set its Q1 2026 guidance at 1.530-1.590 EPS. As a group, equities research analysts expect that eBay will post 3.86 earnings per share for the current fiscal year.

eBay Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Friday, March 6th were issued a $0.31 dividend. This is a positive change from eBay’s previous quarterly dividend of $0.29. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend was Friday, March 6th. eBay’s dividend payout ratio (DPR) is presently 28.51%.

Insiders Place Their Bets

In related news, SVP Cornelius Boone sold 16,685 shares of eBay stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $92.44, for a total value of $1,542,361.40. Following the completion of the transaction, the senior vice president directly owned 94,479 shares of the company’s stock, valued at $8,733,638.76. The trade was a 15.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Jamie Iannone sold 21,000 shares of eBay stock in a transaction dated Monday, April 6th. The shares were sold at an average price of $97.37, for a total value of $2,044,770.00. Following the completion of the transaction, the chief executive officer directly owned 352,653 shares of the company’s stock, valued at $34,337,822.61. This represents a 5.62% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 120,393 shares of company stock valued at $11,327,504. 0.64% of the stock is owned by corporate insiders.

Institutional Trading of eBay

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in EBAY. Guggenheim Capital LLC increased its position in eBay by 7.4% in the second quarter. Guggenheim Capital LLC now owns 14,334 shares of the e-commerce company’s stock worth $1,067,000 after purchasing an additional 988 shares during the period. Jump Financial LLC acquired a new stake in eBay in the second quarter worth about $275,000. NewEdge Advisors LLC increased its position in eBay by 70.4% in the second quarter. NewEdge Advisors LLC now owns 108,572 shares of the e-commerce company’s stock worth $8,084,000 after purchasing an additional 44,851 shares during the period. Sei Investments Co. increased its position in eBay by 48.7% in the second quarter. Sei Investments Co. now owns 471,543 shares of the e-commerce company’s stock worth $35,111,000 after purchasing an additional 154,465 shares during the period. Finally, Treasurer of the State of North Carolina increased its position in eBay by 26.3% in the second quarter. Treasurer of the State of North Carolina now owns 325,678 shares of the e-commerce company’s stock worth $24,250,000 after purchasing an additional 67,731 shares during the period. 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.