In Thursday’s Wall Street session, Etsy Inc (NASDAQ:ETSY) shares traded at $45.55, down -0.52% from the previous session.
ETSY stock price is now -4.30% away from the 50-day moving average and -14.00% away from the 200-day moving average. The market capitalization of the company currently stands at $4.88B.
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With the price target of $50, JP Morgan recently initiated with Neutral rating for Etsy Inc (NASDAQ: ETSY). On January 13, 2025, Jefferies Upgraded its previous ‘Underperform’ rating to ‘Hold’ on the stock increasing its target price from $45 to quote $55, while ‘Needham’ rates the stock as ‘Buy’
In other news, Buckley Merilee, CHIEF ACCOUNTING OFFICER sold 1,676 shares of the company’s stock on Apr 03 ’25. The stock was sold for $81,119 at an average price of $48.40. Upon completion of the transaction, the CHIEF ACCOUNTING OFFICER now directly owns 0 shares in the company, valued at $0.0. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 01 ’25, CHIEF PRODUCT OFFICER Daniel Nicholas sold 1,500 shares of the business’s stock. A total of $72,365 was realized by selling the stock at an average price of $48.24. This leaves the insider owning 34,822 shares of the company worth $1.59 million. A total of 1.16% of the company’s stock is owned by insiders.
During the past 12 months, Etsy Inc has had a low of $40.05 and a high of $71.72. According to the stock market information, the enterprise value for the company is $6271807488, which is based on a 19.21 price-to-earnings ratio, a 1.61 price-to-earnings-growth ratio, and a beta of 1.75. The fifty day moving average price for ETSY is $47.5988 and a two-hundred day moving average price translates $52.963627 for the stock.
The latest earnings results from Etsy Inc (NASDAQ: ETSY) was released for 2024-12-31. The company reported revenue of $852.16 million for the quarter, compared to $842.32 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 1.17 percent.
