Analysts Set eBay Inc. (NASDAQ:EBAY) Price Target at $94.69

eBay Inc. (NASDAQ:EBAY) has been assigned a consensus recommendation of “Hold” from the thirty-seven brokerages that are presently covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, twenty have assigned a hold recommendation, fourteen have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $94.6875.

Several research firms have weighed in on EBAY. Wedbush lifted their price objective on shares of eBay from $90.00 to $95.00 and gave the stock a “neutral” rating in a research report on Friday, October 31st. Bank of America lifted their price target on eBay from $89.00 to $101.00 and gave the company a “neutral” rating in a report on Monday, August 25th. Jefferies Financial Group upped their price target on eBay from $60.00 to $65.00 and gave the company an “underperform” rating in a research report on Friday, October 17th. Argus restated a “hold” rating on shares of eBay in a research report on Thursday, August 14th. Finally, TD Cowen upped their target price on eBay from $80.00 to $84.00 and gave the company a “hold” rating in a report on Monday, October 20th.

eBay Trading Up 0.4%

Shares of EBAY opened at $82.47 on Wednesday. The business’s 50-day moving average price is $87.40 and its 200 day moving average price is $85.44. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 1.06. The stock has a market capitalization of $37.28 billion, a P/E ratio of 17.93, a P/E/G ratio of 2.08 and a beta of 1.35. eBay has a 1-year low of $58.71 and a 1-year high of $101.15.

eBay (NASDAQ:EBAY) last announced its earnings results on Wednesday, October 29th. The e-commerce company reported $1.36 EPS for the quarter, topping the consensus estimate of $1.33 by $0.03. The company had revenue of $2.82 billion during the quarter, compared to analysts’ expectations of $2.73 billion. eBay had a net margin of 20.37% and a return on equity of 41.94%. The business’s revenue for the quarter was up 9.5% on a year-over-year basis. During the same period last year, the company posted $1.19 earnings per share. eBay has set its FY 2025 guidance at 4.090-4.140 EPS and its Q4 2025 guidance at 1.310-1.360 EPS. Analysts expect that eBay will post 3.86 earnings per share for the current year.

eBay Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 12th. Shareholders of record on Friday, November 28th will be paid a $0.29 dividend. This represents a $1.16 annualized dividend and a yield of 1.4%. The ex-dividend date is Friday, November 28th. eBay’s dividend payout ratio is currently 25.22%.

Insider Activity at eBay

In other news, SVP Cornelius Boone sold 4,439 shares of the business’s stock in a transaction on Thursday, September 18th. The shares were sold at an average price of $89.53, for a total transaction of $397,423.67. Following the transaction, the senior vice president directly owned 93,392 shares in the company, valued at $8,361,385.76. The trade was a 4.54% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Jordan Douglas Bradle Sweetnam sold 1,006 shares of the company’s stock in a transaction on Tuesday, November 18th. The stock was sold at an average price of $82.04, for a total transaction of $82,532.24. Following the completion of the transaction, the senior vice president directly owned 3,868 shares in the company, valued at $317,330.72. This trade represents a 20.64% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 57,102 shares of company stock worth $4,777,385. Corporate insiders own 0.64% of the company’s stock.

Institutional Investors Weigh In On eBay

Institutional investors have recently made changes to their positions in the company. Financial Consulate Inc. acquired a new position in eBay in the third quarter worth approximately $27,000. Steigerwald Gordon & Koch Inc. acquired a new position in shares of eBay during the 3rd quarter worth $28,000. JPL Wealth Management LLC bought a new position in shares of eBay during the 3rd quarter valued at $28,000. Princeton Global Asset Management LLC lifted its stake in shares of eBay by 433.9% in the 2nd quarter. Princeton Global Asset Management LLC now owns 331 shares of the e-commerce company’s stock valued at $25,000 after purchasing an additional 269 shares during the last quarter. Finally, Salomon & Ludwin LLC bought a new stake in eBay in the third quarter worth $32,000. 87.48% of the stock is currently owned by institutional investors and hedge funds.

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.