The stock of EBay Inc (NASDAQ:EBAY) last traded at $63.95, down -0.25% from the previous session.
EBAY stock price is now 1.21% away from the 50-day moving average and 12.03% away from the 200-day moving average. The market capitalization of the company currently stands at $30.63B.
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With the price target reduced from $60 to $52, Jefferies Downgraded its rating from Hold to Underperform for EBay Inc (NASDAQ: EBAY). On December 09, 2024, Wedbush recently initiated its ‘Neutral’ rating on the stock quoting a target price of $70, while ‘Bernstein’ rates the stock as ‘Outperform’
In other news, Priest Stephen J, SVP, Chief Financial Officer sold 5,252 shares of the company’s stock on Dec 16 ’24. The stock was sold for $334,200 at an average price of $63.63. Upon completion of the transaction, the SVP, Chief Financial Officer now directly owns 65,080 shares in the company, valued at $4.16 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 17 ’24, SVP, Chief Product Officer Garcia Edward O sold 990 shares of the business’s stock. A total of $64,548 was realized by selling the stock at an average price of $65.20. This leaves the insider owning 46,038 shares of the company worth $2.94 million. A total of 0.35% of the company’s stock is owned by insiders.
During the past 12 months, EBay Inc has had a low of $40.16 and a high of $67.80. As of last week, the company has a debt-to-equity ratio of 1.45, a current ratio of 1.25, and a quick ratio of 1.25. According to the stock market information, the enterprise value for the company is $33600049152, which is based on a 16.15 price-to-earnings ratio, a 1.64 price-to-earnings-growth ratio, and a beta of 1.34. The fifty day moving average price for EBAY is $63.183 and a two-hundred day moving average price translates $57.0847 for the stock.
The latest earnings results from EBay Inc (NASDAQ: EBAY) was released for 2024-09-30. The net profit margin was 19.64% and return on equity was 35.85% for EBAY. The company reported revenue of $2.58 billion for the quarter, compared to $2.5 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 3.04 percent.
