President Capital Issues Pessimistic Forecast for eBay (NASDAQ:EBAY) Stock Price

eBay (NASDAQ:EBAY) had its price objective dropped by equities researchers at President Capital from $103.00 to $94.00 in a research note issued on Friday,MarketScreener reports. The firm currently has a “buy” rating on the e-commerce company’s stock. President Capital’s price target would suggest a potential upside of 11.82% from the stock’s current price.

Several other analysts have also weighed in on the company. Evercore ISI lifted their price objective on eBay from $90.00 to $93.00 and gave the stock an “in-line” rating in a report on Thursday, October 30th. Benchmark lifted their price objective on eBay from $100.00 to $110.00 and gave the company a “buy” rating in a report on Wednesday, October 29th. Cowen restated a “hold” rating on shares of eBay in a research report on Monday, October 20th. Mizuho began coverage on eBay in a research note on Monday, September 29th. They set a “neutral” rating and a $98.00 price objective for the company. Finally, TD Cowen upped their target price on shares of eBay from $80.00 to $84.00 and gave the stock a “hold” rating in a report on Monday, October 20th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, twenty have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, eBay has a consensus rating of “Hold” and a consensus target price of $94.41.

eBay Stock Performance

EBAY opened at $84.06 on Friday. eBay has a 12-month low of $58.71 and a 12-month high of $101.15. The firm has a market capitalization of $38.00 billion, a P/E ratio of 18.27, a price-to-earnings-growth ratio of 2.09 and a beta of 1.35. The stock’s 50 day moving average price is $86.07 and its two-hundred day moving average price is $85.95. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 1.06.

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

Insider Transactions at eBay

In related news, CEO Jamie Iannone sold 7,221 shares of the business’s stock in a transaction on Wednesday, November 5th. The shares were sold at an average price of $81.08, for a total value of $585,478.68. Following the sale, the chief executive officer directly owned 235,781 shares of the company’s stock, valued at approximately $19,117,123.48. The trade was a 2.97% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, SVP Jordan Douglas Bradle Sweetnam sold 1,006 shares of the stock in a transaction dated Tuesday, November 18th. The stock was sold at an average price of $82.04, for a total value of $82,532.24. Following the transaction, the senior vice president owned 3,868 shares of the company’s stock, valued at approximately $317,330.72. This trade represents a 20.64% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 53,649 shares of company stock valued at $4,448,126 over the last 90 days. 0.64% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the business. AIA Group Ltd increased its holdings in eBay by 36.8% during the third quarter. AIA Group Ltd now owns 4,266 shares of the e-commerce company’s stock worth $388,000 after buying an additional 1,148 shares during the last quarter. Swiss Life Asset Management Ltd grew its holdings in eBay by 15.9% in the 3rd quarter. Swiss Life Asset Management Ltd now owns 135,911 shares of the e-commerce company’s stock valued at $12,361,000 after buying an additional 18,649 shares in the last quarter. Groupama Asset Managment lifted its holdings in shares of eBay by 49.0% during the third quarter. Groupama Asset Managment now owns 14,828 shares of the e-commerce company’s stock worth $1,349,000 after buying an additional 4,879 shares in the last quarter. Trust Investment Advisors bought a new stake in shares of eBay in the third quarter valued at about $221,000. Finally, CIBC Private Wealth Group LLC increased its position in eBay by 39.4% during the third quarter. CIBC Private Wealth Group LLC now owns 4,021 shares of the e-commerce company’s stock worth $366,000 after acquiring an additional 1,137 shares during the period. Institutional investors own 87.48% of the company’s stock.

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.