eBay (NASDAQ:EBAY) has been assigned a $36.00 price target by stock analysts at Morgan Stanley in a report released on Friday. The brokerage currently has a “sell” rating on the e-commerce company’s stock. Morgan Stanley’s target price would suggest a potential downside of 5.44% from the stock’s current price.

EBAY has been the subject of a number of other research reports. BMO Capital Markets upgraded eBay from a “market perform” rating to an “outperform” rating and set a $40.00 target price for the company in a research note on Monday, December 4th. SunTrust Banks restated a “hold” rating and issued a $38.00 target price on shares of eBay in a research note on Friday, November 17th. Piper Jaffray Companies set a $34.00 target price on eBay and gave the stock a “hold” rating in a research note on Wednesday, October 11th. Guggenheim started coverage on eBay in a research note on Friday, October 20th. They issued a “neutral” rating for the company. Finally, BidaskClub upgraded eBay from a “sell” rating to a “hold” rating in a research note on Wednesday, December 6th. Two analysts have rated the stock with a sell rating, twenty have assigned a hold rating and nineteen have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $38.88.

Shares of eBay (EBAY) traded up $0.26 on Friday, hitting $38.07. The stock had a trading volume of 2,424,650 shares, compared to its average volume of 9,602,088. eBay has a 12-month low of $29.69 and a 12-month high of $40.13. The company has a debt-to-equity ratio of 0.82, a quick ratio of 2.46 and a current ratio of 2.46. The stock has a market cap of $39,500.00, a price-to-earnings ratio of 5.62, a PEG ratio of 2.75 and a beta of 1.34.

eBay (NASDAQ:EBAY) last issued its earnings results on Wednesday, October 18th. The e-commerce company reported $0.48 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.48. The company had revenue of $2.41 billion during the quarter, compared to analyst estimates of $2.37 billion. eBay had a return on equity of 15.69% and a net margin of 80.45%. The firm’s quarterly revenue was up 8.7% on a year-over-year basis. During the same quarter last year, the business posted $0.45 EPS. research analysts forecast that eBay will post 1.65 earnings per share for the current fiscal year.

In other news, SVP Raymond J. Pittman sold 31,400 shares of the firm’s stock in a transaction dated Friday, November 17th. The stock was sold at an average price of $35.58, for a total transaction of $1,117,212.00. Following the sale, the senior vice president now directly owns 74,334 shares in the company, valued at approximately $2,644,803.72. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Brian J. Doerger sold 6,660 shares of the firm’s stock in a transaction dated Monday, November 27th. The shares were sold at an average price of $35.99, for a total value of $239,693.40. Following the sale, the vice president now owns 16,732 shares in the company, valued at $602,184.68. The disclosure for this sale can be found here. Insiders have sold a total of 184,242 shares of company stock worth $6,842,297 over the last 90 days. Insiders own 6.78% of the company’s stock.

Several large investors have recently bought and sold shares of EBAY. Fort Washington Investment Advisors Inc. OH grew its position in shares of eBay by 37.8% during the 2nd quarter. Fort Washington Investment Advisors Inc. OH now owns 15,990 shares of the e-commerce company’s stock valued at $558,000 after acquiring an additional 4,390 shares during the period. Ameriprise Financial Inc. grew its position in shares of eBay by 38.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 4,550,891 shares of the e-commerce company’s stock valued at $158,922,000 after acquiring an additional 1,267,413 shares during the period. Captrust Financial Advisors acquired a new stake in shares of eBay during the 2nd quarter valued at about $108,000. Comerica Securities Inc. grew its position in shares of eBay by 7.6% during the 2nd quarter. Comerica Securities Inc. now owns 15,496 shares of the e-commerce company’s stock valued at $541,000 after acquiring an additional 1,099 shares during the period. Finally, Amalgamated Bank grew its position in shares of eBay by 47.0% during the 2nd quarter. Amalgamated Bank now owns 113,407 shares of the e-commerce company’s stock valued at $3,960,000 after acquiring an additional 36,248 shares during the period. Hedge funds and other institutional investors own 85.93% of the company’s stock.

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About eBay

eBay Inc (eBay) is a commerce company, which operates through its Marketplace, StubHub and Classifieds platforms. The Company connects buyers and sellers around the world. Its platforms enable sellers around the world to organize and offer their inventory for sale, and buyers to find and purchase it.

Analyst Recommendations for eBay (NASDAQ:EBAY)

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