eBay (NASDAQ:EBAY) Issues Quarterly Earnings Results

eBay (NASDAQ:EBAY) issued its quarterly earnings results on Wednesday. The e-commerce company reported $1.02 earnings per share for the quarter, missing the consensus estimate of $1.20 by ($0.18), Zacks reports. eBay had a net margin of 19.68% and a return on equity of 30.97%. eBay updated its Q1 2025 guidance to 1.320-1.360 EPS.

eBay Price Performance

Shares of EBAY stock traded down $1.79 during mid-day trading on Wednesday, reaching $69.14. The company’s stock had a trading volume of 8,551,541 shares, compared to its average volume of 4,996,914. The company has a debt-to-equity ratio of 1.14, a quick ratio of 1.25 and a current ratio of 1.25. The firm’s 50-day moving average is $66.14 and its two-hundred day moving average is $63.63. The company has a market cap of $33.12 billion, a P/E ratio of 17.37, a PEG ratio of 2.22 and a beta of 1.35. eBay has a 1-year low of $44.05 and a 1-year high of $71.60.

Analysts Set New Price Targets

A number of research firms recently commented on EBAY. Robert W. Baird decreased their target price on shares of eBay from $70.00 to $68.00 and set an “outperform” rating for the company in a research report on Thursday, October 31st. UBS Group raised their target price on shares of eBay from $66.00 to $72.00 and gave the stock a “neutral” rating in a report on Monday. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of eBay from $70.00 to $63.00 and set a “buy” rating on the stock in a research note on Friday, November 1st. Wells Fargo & Company raised their target price on eBay from $59.00 to $61.00 and gave the company an “equal weight” rating in a research report on Monday, February 3rd. Finally, Truist Financial boosted their price target on shares of eBay from $58.00 to $62.00 and gave the stock a “hold” rating in a report on Tuesday, November 5th. Two research analysts have rated the stock with a sell rating, seventeen have issued a hold rating and nine have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $63.38.

Insider Buying and Selling

In other news, CEO Jamie Iannone sold 5,625 shares of the company’s stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $67.25, for a total transaction of $378,281.25. Following the transaction, the chief executive officer now directly owns 530,998 shares in the company, valued at approximately $35,709,615.50. This represents a 1.05 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Stephen J. Priest sold 5,252 shares of the business’s stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $63.63, for a total value of $334,184.76. Following the sale, the chief financial officer now directly owns 65,080 shares of the company’s stock, valued at $4,141,040.40. This represents a 7.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 27,149 shares of company stock worth $1,746,065 in the last 90 days. 0.38% of the stock is owned by company insiders.

eBay Company Profile

eBay Inc, together with its subsidiaries, operates marketplace platforms that connect buyers and sellers in the United States, the United Kingdom, China, Germany, and internationally. The company’s marketplace platform includes its online marketplace at ebay.com, off-platform businesses, and the eBay suite of mobile apps.