BidaskClub downgraded shares of eBay (NASDAQ:EBAY) from a buy rating to a hold rating in a report issued on Saturday, BidAskClub reports.

EBAY has been the subject of a number of other research reports. Susquehanna Bancshares boosted their target price on eBay from $33.00 to $43.00 and gave the stock a positive rating in a report on Wednesday, January 30th. ValuEngine upgraded eBay from a sell rating to a hold rating in a report on Saturday, December 15th. Wells Fargo & Co decreased their target price on eBay from $36.00 to $34.00 and set an outperform rating for the company in a report on Friday, December 21st. Aegis reiterated a buy rating and set a $40.00 target price (down previously from $44.00) on shares of eBay in a report on Wednesday, January 2nd. Finally, Citigroup reiterated a buy rating and set a $42.00 target price (up previously from $41.00) on shares of eBay in a report on Wednesday, January 30th. One research analyst has rated the stock with a sell rating, eighteen have issued a hold rating and thirteen have issued a buy rating to the stock. eBay has a consensus rating of Hold and a consensus target price of $39.13.

EBAY opened at $36.23 on Friday. The company has a debt-to-equity ratio of 1.22, a current ratio of 1.60 and a quick ratio of 1.60. The stock has a market capitalization of $31.85 billion, a price-to-earnings ratio of 15.62, a price-to-earnings-growth ratio of 1.77 and a beta of 1.35. eBay has a 12 month low of $26.01 and a 12 month high of $43.00.

eBay (NASDAQ:EBAY) last posted its quarterly earnings results on Tuesday, January 29th. The e-commerce company reported $0.71 EPS for the quarter, beating the consensus estimate of $0.68 by $0.03. The company had revenue of $2.88 billion during the quarter, compared to analysts’ expectations of $2.86 billion. eBay had a return on equity of 27.40% and a net margin of 23.54%. As a group, sell-side analysts forecast that eBay will post 2.15 EPS for the current fiscal year.

The business also recently declared a Not Available dividend, which was paid on Wednesday, March 20th. Investors of record on Friday, March 1st were given a dividend of $0.14 per share. The ex-dividend date of this dividend was Thursday, February 28th. eBay’s dividend payout ratio (DPR) is presently 24.14%.

In related news, VP Brian J. Doerger sold 10,185 shares of the business’s stock in a transaction that occurred on Friday, February 1st. The stock was sold at an average price of $34.30, for a total transaction of $349,345.50. Following the transaction, the vice president now directly owns 39,544 shares of the company’s stock, valued at approximately $1,356,359.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 6.22% of the company’s stock.

Institutional investors have recently added to or reduced their stakes in the stock. Riverview Trust Co acquired a new position in eBay during the 1st quarter worth approximately $25,000. Paragon Capital Management LLC acquired a new position in eBay during the 1st quarter worth approximately $28,000. Clean Yield Group acquired a new position in shares of eBay in the 4th quarter valued at approximately $28,000. Financial Gravity Companies Inc. acquired a new position in shares of eBay in the 4th quarter valued at approximately $42,000. Finally, Lindbrook Capital LLC acquired a new position in shares of eBay in the 4th quarter valued at approximately $35,000. 86.42% of the stock is currently owned by hedge funds and other institutional investors.

eBay Company Profile

eBay Inc operates commerce platforms connecting various buyers and sellers worldwide. The company's Marketplace platforms include its online marketplace at ebay.com and the eBay suite of mobile apps; and StubHub platforms comprise its online ticket platform at stubhub.com, and the StubHub mobile apps that connect fans with their favorite sporting events, shows, and artists, as well as enables them to buy and sell tickets.

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Analyst Recommendations for eBay (NASDAQ:EBAY)

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