eBay (NASDAQ:EBAY) Upgraded by Rosenblatt Securities to “Strong-Buy” Rating

Rosenblatt Securities upgraded shares of eBay (NASDAQ:EBAY) to a strong-buy rating in a research report sent to investors on Wednesday,Zacks.com reports.

A number of other research analysts have also issued reports on EBAY. Robert W. Baird set a $126.00 price objective on eBay in a research report on Thursday, August 6th. Stifel Nicolaus set a $98.00 target price on eBay in a research note on Thursday, April 30th. Piper Sandler reissued an “overweight” rating and set a $133.00 price target (up from $115.00) on shares of eBay in a report on Thursday, August 6th. Citizens Jmp lowered shares of eBay from an “outperform” rating to a “market perform” rating in a research report on Tuesday, August 4th. Finally, Needham & Company LLC increased their price objective on shares of eBay from $122.00 to $135.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, seventeen have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $117.24.

eBay Price Performance

Shares of NASDAQ:EBAY opened at $104.61 on Wednesday. The company has a market cap of $46.55 billion, a PE ratio of 21.66, a P/E/G ratio of 2.48 and a beta of 1.37. eBay has a fifty-two week low of $78.03 and a fifty-two week high of $119.31. The firm has a 50-day simple moving average of $110.21 and a 200 day simple moving average of $102.30. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 1.10.

eBay (NASDAQ:EBAY) last issued its earnings results on Wednesday, August 5th. The e-commerce company reported $1.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.50 by $0.10. The firm had revenue of $3.13 billion for the quarter, compared to analysts’ expectations of $3.01 billion. eBay had a net margin of 18.50% and a return on equity of 47.88%. eBay’s revenue was up 14.8% on a year-over-year basis. During the same quarter last year, the company posted $1.37 earnings per share. eBay has set its Q3 2026 guidance at 1.360-1.420 EPS. On average, sell-side analysts anticipate that eBay will post 4.87 EPS for the current year.

eBay Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 11th. Investors of record on Friday, August 28th will be given a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 1.2%. The ex-dividend date is Friday, August 28th. eBay’s dividend payout ratio (DPR) is currently 25.67%.

Insider Buying and Selling at eBay

In other eBay news, SVP Mazen Rawashdeh sold 1,919 shares of the business’s stock in a transaction on Wednesday, June 17th. The stock was sold at an average price of $108.51, for a total transaction of $208,230.69. Following the completion of the transaction, the senior vice president owned 32,124 shares in the company, valued at approximately $3,485,775.24. The trade was a 5.64% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jamie Iannone sold 11,110 shares of the stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $108.55, for a total value of $1,205,990.50. Following the completion of the transaction, the chief executive officer directly owned 253,211 shares of the company’s stock, valued at approximately $27,486,054.05. The trade was a 4.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 37,126 shares of company stock valued at $4,087,886 in the last quarter. Corporate insiders own 0.67% of the company’s stock.

Hedge Funds Weigh In On eBay

Institutional investors and hedge funds have recently bought and sold shares of the stock. Allworth Financial LP lifted its holdings in shares of eBay by 62.6% in the fourth quarter. Allworth Financial LP now owns 23,108 shares of the e-commerce company’s stock valued at $2,013,000 after purchasing an additional 8,899 shares in the last quarter. North Dakota State Investment Board purchased a new stake in shares of eBay in the fourth quarter worth approximately $1,809,000. Eurizon Capital SGR S.p.A. acquired a new stake in shares of eBay during the fourth quarter worth approximately $9,368,000. Jefferies Financial Group Inc. acquired a new position in eBay in the 4th quarter valued at approximately $1,209,000. Finally, United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund boosted its stake in shares of eBay by 904.3% during the 4th quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund now owns 283,215 shares of the e-commerce company’s stock valued at $24,668,000 after buying an additional 255,015 shares during the period. Institutional investors own 87.48% of the company’s stock.

About eBay

eBay Inc is a global e-commerce company that operates an online marketplace connecting individual consumers and businesses for the sale and purchase of new, used and collectible goods. Founded in 1995 by Pierre Omidyar and headquartered in San Jose, California, eBay grew from its early auction-style site into a diversified platform offering both auction-format listings and fixed-price “Buy It Now” transactions. The company completed an initial public offering in the late 1990s and has since evolved its platform and services to support a broad range of product categories and buyer preferences.

The company’s core business centers on its marketplace platform, which provides listing, search and transaction capabilities for millions of items across consumer goods, electronics, fashion, collectibles and more.