Etsy, Inc. (NASDAQ:ETSY) in recent session today was buoying at with a fall of -2.79% from its closing price on previous day.
Taking a look at stock we notice that its last check on previous day was $114.51 and 5Y monthly beta was reading 1.67 with its price kept floating in the range of $110.80 and $114.00 on the day. Company’s P/E ratio for the trailing 12 months is 180.54. Considering stock’s 52-week price range provides that ETSY hit a high price of $115.5 and saw its price falling to a low level of $29.95 during that period. Over a period of past 1-month, stock came adding 49.94% in its value.
In last 7 days, analysts came adjusting their opinions about stock’s EPS with nil upward and no downward revisions, an indication which could give clearer idea about the company’s short term price movement. In contrast, when we review ETSY stock’s current outlook then short term indicators are assigning it an average of 100% Buy, while medium term indicators are categorizing the stock at an average of 100% Buy. Long term indicators are suggesting an average of 100% Buy for it.
According to ratings assigned by 18 analysts at the scale of 1 to 5 with 1.00 representing a strong buy and 5.00 suggesting a strong sell; 2 of them are recommending Etsy, Inc. (ETSY) as a Hold, while 15 are in view that stock is a Buy. Recommendation by None analysts for the stock is an Outperform while number of those analysts who rated the stock as Underperform is none, whereas 1 of them are considering the stock as a Sell. When taken as whole, stock gets a rating of Buy and that encourages the investors to exploit the opportunity and build their stake up in the company.
In comparing Etsy, Inc. (ETSY)’s stock with other industry players reveals that stock’s latest price change of -2.79% and that of +72.33% over the past 12 months is in competing position with that of Alphabet Cl A (GOOGL) which saw its stock price fell by -0.02% in the recent trading and went through an increase of 33.11% in past 12-month trading. Industry’s another major player Alphabet Cl C (GOOG) has jumped 0.24% up in latest trading session, but over the past year has faced a rise of 32.49%, while Facebook Inc (FB) is also down -2.79% however its price remained floating in the green at 72.33% over the same period. Etsy, Inc. has a P/E ratio of 194.08 against that of Alphabet Cl A’s 31.03 while Alphabet Cl C is showing 30.48 for the same. On the other hand, the S&P 500 Index was up 0.53% in the early deals while the Dow Jones Industrial was dealing higher at 0.12%.