eBay (EBAY) Scheduled to Post Earnings on Tuesday
eBay (NASDAQ:EBAY) is scheduled to be issuing its quarterly earnings data after the market closes on Tuesday, April 23rd. Analysts expect the company to announce earnings of $0.51 per share for the quarter.
eBay (NASDAQ:EBAY) last posted its quarterly earnings data on Tuesday, January 29th. The e-commerce company reported $0.71 EPS for the quarter, topping the Zacks’ consensus estimate of $0.68 by $0.03. The company had revenue of $2.88 billion for the quarter, compared to analyst estimates of $2.86 billion. eBay had a return on equity of 27.40% and a net margin of 23.54%. On average, analysts expect eBay to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
eBay stock opened at $36.23 on Tuesday. The company has a current ratio of 1.60, a quick ratio of 1.60 and a debt-to-equity ratio of 1.22. The company has a market capitalization of $31.85 billion, a P/E ratio of 15.62, a P/E/G ratio of 1.77 and a beta of 1.35. eBay has a one year low of $26.01 and a one year high of $43.00.
EBAY has been the topic of a number of recent analyst reports. BidaskClub lowered eBay from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, March 12th. Benchmark reaffirmed a “buy” rating and issued a $42.00 price objective (up from $41.00) on shares of eBay in a research note on Wednesday, January 30th. Citigroup reaffirmed a “buy” rating and issued a $42.00 price objective (up from $41.00) on shares of eBay in a research note on Wednesday, January 30th. Bank of America reaffirmed a “neutral” rating and issued a $38.00 price objective (up from $34.00) on shares of eBay in a research note on Wednesday, January 23rd. Finally, Barclays lifted their price objective on eBay to $46.00 and gave the stock an “overweight” rating in a research note on Monday, March 4th. One equities research analyst has rated the stock with a sell rating, eighteen have assigned a hold rating and thirteen have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $39.13.
In other eBay 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 value of $349,345.50. Following the transaction, the vice president now directly owns 39,544 shares of the company’s stock, valued at $1,356,359.20. The sale was disclosed in a legal filing with the SEC, which is available through this link. 6.22% of the stock is currently owned by insiders.
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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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