eBay (EBAY) to Release Earnings on Wednesday

eBay (NASDAQ:EBAY) is anticipated to issue its quarterly earnings data after the market closes on Wednesday, February 26th. Analysts expect the company to announce earnings of $1.20 per share and revenue of $2.58 billion for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

eBay Stock Performance

Shares of EBAY stock opened at $69.99 on Tuesday. The stock’s 50-day moving average is $66.00 and its two-hundred day moving average is $63.53. The firm has a market cap of $33.53 billion, a price-to-earnings ratio of 17.59, a PEG ratio of 2.22 and a beta of 1.35. eBay has a 1 year low of $43.67 and a 1 year high of $71.52. The company has a debt-to-equity ratio of 1.14, a quick ratio of 1.25 and a current ratio of 1.25.

Insiders Place Their Bets

In other eBay news, CFO Stephen J. Priest sold 5,252 shares of eBay stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $63.63, for a total value of $334,184.76. Following the completion of the sale, the chief financial officer now directly owns 65,080 shares of the company’s stock, valued at approximately $4,141,040.40. The trade was a 7.47 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Jamie Iannone sold 5,625 shares of the business’s stock in a transaction 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 sale, the chief executive officer now directly owns 530,998 shares of the company’s stock, valued at $35,709,615.50. This represents a 1.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 27,149 shares of company stock valued at $1,746,065. Company insiders own 0.38% of the company’s stock.

Analyst Ratings Changes

EBAY has been the topic of several research reports. Benchmark reaffirmed a “buy” rating and set a $65.00 price objective on shares of eBay in a report on Tuesday, October 29th. Stifel Nicolaus raised their price target on eBay from $56.00 to $64.00 and gave the stock a “hold” rating in a report on Monday, October 28th. Citigroup raised their price objective on shares of eBay from $75.00 to $80.00 and gave the company a “buy” rating in a research report on Friday, February 14th. Truist Financial raised their price objective on shares of eBay from $58.00 to $62.00 and gave the company a “hold” rating in a research report on Tuesday, November 5th. Finally, Wedbush initiated coverage on shares of eBay in a research report on Monday, December 9th. They issued a “neutral” rating and a $70.00 price objective for the company. Two equities research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $63.38.

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.