eBay Inc. (NASDAQ:EBAY) previous close was $60.88 while the outstanding shares total 681.00M. The firm has a beta of 1.15, a 12-month trailing P/E ratio of 15.98, and a growth ratio of 1.13. EBAY’s shares traded higher over the last trading session, gaining 0.80% on 06/01/21. The shares fell to a low of $60.73 before closing at $61.37. Intraday shares traded counted 5.63 million, which was 27.2% higher than its 30-day average trading volume of 7.74M. The stock’s Relative Strength Index (RSI) is 53.56, with weekly volatility at 2.61% and ATR at 1.76. The EBAY stock’s 52-week price range has touched low of $43.88 and a $65.11 high.
Investors have identified the Internet Retail company eBay Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $40.87 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
eBay Inc. (EBAY) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For EBAY, the company has in raw cash 1.67 billion on their books with 1.17 billion currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 6.69 billion total, with 5.13 billion as their total liabilities.
EBAY were able to record 959.0 million as free cash flow during the 07/21/2021 quarter of the year, this saw their quarterly net cash flow reduce by 127.0 million. In cash movements, the company had a total of 1.04 billion as operating cash flow.
Potential earnings growth for eBay Inc. (EBAY)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 07/21/2021 quarter of the year, eBay Inc. recorded a total of 3.02 billion in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 29.57% coming in sequential stages and their sales for the 07/21/2021 quarter increasing by 11.64%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 823.0 million trying to sell their products during the last quarter, with the result yielding a gross income of 2.2 billion. This allows shareholders to hold on to 681.00M with the recently reported earning now reading 0.92 cents per share. This is a figure that compared to analyst’s prediction for their 07/21/2021 (0.94 cents a share).
Having a look at the company’s valuation, the company is expected to record 4.07 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on EBAY sounds very interesting.
Is the stock of EBAY attractive?
In related news, SVP, Chief Product Officer, Thompson Pete sold 2,100 shares of the company’s stock in a transaction that recorded on May 18. The sale was performed at an average price of 61.80, for a total value of 129,780. As the sale deal closes, the SVP, General Counsel & Sec., Huber Marie Oh now sold 97,875 shares of the company’s stock, valued at 5,869,632. Also, SVP, Chief Product Officer, Thompson Pete sold 23,625 shares of the company’s stock in a deal that was recorded on Mar 17. The shares were price at an average price of 57.22 per share, with a total market value of 1,351,896. Following this completion of acquisition, the SVP, Chief Product Officer, Thompson Pete now holds 2,718 shares of the company’s stock, valued at 169,875. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.10%.
9 out of 33 analysts covering the stock have rated it a Buy, while 22 have maintained a Hold recommendation on eBay Inc.. 0 analysts has assigned a Sell rating on the EBAY stock. The 12-month mean consensus price target for the company’s shares has been set at $69.34.