The trading price of EBay Inc (NASDAQ:EBAY) closed higher on Monday, June 16, and closing at $77.71, 0.45% higher than its previous close.
The company’s P/E ratio in the trailing 12-month period was 18.57. In examining the 52-week price action we see that the stock hit a 52-week high of $79.84 and a 52-week low of $51.72. Over the past month, the stock has gained 10.07% in value.
EBay Inc, whose market valuation is $35.82 billion at the time of this writing, is expected to release its quarterly earnings report in July. The dividend yield on the company stock is 1.79%, while its Forward Dividend ratio is 1.39. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest EBAY has a 100% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.
Here is the average analyst rating on the stock as represented by 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock should be considered as either strong buy or strong sell respectively. The number of analysts that have assigned EBAY a recommendation rating is 15. Out of them, 5 rate it a Hold, while 9 recommend Buy, whereas 0 assign an Overweight rating. 0 analyst(s) have tagged EBay Inc (EBAY) as Underweight, while 1 advise Sell. Analysts have rated the stock Buy, likely urging investors to take advantage of the opportunity to add to their holdings of the company’s shares.
If we dig deeper into the stock’s outlook, we see that the stock’s PEG is 2.18, which symbolizes a positive outlook. A quick review shows that EBAY’s price is currently 3.35% off the SMA20 and 10.63% off the SMA50. The RSI metric on the 14-day chart is currently showing 69.00, and weekly volatility stands at 0.68%. When measured over the past 30 days, the indicator reaches 0.91%. EBay Inc (NASDAQ:EBAY)’s beta value is currently sitting at 1.26, while the Average True Range indicator is currently displaying 1.56. With analysts defining $68-$75 as the low and high price targets, we arrive at a consensus price target of $71 for the trailing 12-month period. The current price is about 12.5% off the estimated low and 3.49% off the forecast high, based on this estimate. Investors will be thrilled if EBAY’s share price rises to $71, which is the median consensus price. At that level, EBAY’s share price would be 8.63% above current price.
To see how EBay Inc stock has been performing in comparison to its peers in the industry, here are the numbers: EBAY stock’s performance was 0.45% in the latest trading, and 46.10% in the past year. EBay Inc has a P/E ratio of 18.57.
An evaluation of the daily trading volume of EBay Inc (NASDAQ:EBAY) indicates that the 3-month average is 5.65 million.
Currently, records show that 463.00 million of the company’s shares remain outstanding. The insiders hold 0.31% of outstanding shares, whereas institutions hold 99.33%. However, since the stock’s price has seen 25.44% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
