eBay Inc. (EBAY) Monthly Stock Report
Publication Date: September 22, 2024
Company Overview
eBay Inc. (NASDAQ: EBAY), based in San Jose, California, stands as a preeminent internet retail company that facilitates connections between buyers and sellers through its vast marketplace platforms. Since its inception in 1995, eBay has established a significant presence in key markets, including the United States, the United Kingdom, China, and Germany. Operating within the Consumer Cyclical sector, eBay’s innovation has been pivotal in shaping online commerce, allowing users to efficiently list, sell, and purchase a wide array of products via its website and mobile applications. Following its IPO on July 22, 2002, eBay continues to evolve amidst changing market dynamics.
Current Stock Performance
As of now, eBay’s stock price is $62.72, positioned near a fifty-two week high of $64.96, showcasing robust performance within its recent trading range. The stock has the potential for further growth, with analysts setting a target high price of $65.00 and an average target mean price of $57.82. This suggests a varied outlook on the stock’s future performance among investors. Notably, eBay has reported total revenues of $10.19 billion, reflecting a strong financial position in the market, though the lack of available EBITDA data may hinder a deeper analysis of its profitability. With a total of 489 million shares outstanding and approximately 30.6 million shares sold short (7.14% of the float), investor sentiment appears cautiously optimistic towards eBay, as evidenced by the “hold” recommendation prevailing among analysts.
Investment Insights
Investors are advised to hold their positions with eBay, given the current recommendation score of 2.7 based on 27 analyst opinions. The investment landscape presents a target high price of $65.00 juxtaposed with a target low price of $45.00, indicating a spectrum of expected performance. The volatility reflected in the stock’s trading history, marked by a fifty-two week low of $37.17, reinforces the caution exercised by analysts. Furthermore, with the current price sitting above the fifty-day moving average of $57.49, there is a potential bullish sentiment emerging among market participants, enhancing eBay’s attractiveness as a stable investment in the consumer discretionary segment.
| Metric | Value |
|---|---|
| Market Cap | $30.7b |
| Total Debt | $8.2b |
| Total Cash | $5.2b |
| Shares Outstanding | 489.0m |
| Float Shares | 486.9m |
Disclaimer:
The information provided in this monthly report is for informational purposes only and should not be construed as financial, investment, or trading advice. AltStation.io does not guarantee the accuracy, completeness, or timeliness of the data and analyses presented. The content is based on publicly available information, and while we strive to ensure its accuracy, errors and omissions may occur.
Investing in stocks, cryptocurrencies, and other financial instruments involves significant risk, including the potential loss of principal. Past performance is not indicative of future results. Readers should conduct their own research and consult with a qualified financial advisor before making any investment decisions. AltStation.io and its affiliates are not responsible for any losses incurred as a result of using this report.
By using this report, you acknowledge that you understand and accept these terms.