Somewhat Favorable Media Coverage Somewhat Unlikely to Affect eBay (EBAY) Stock Price
Press coverage about eBay (NASDAQ:EBAY) has been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. eBay earned a news impact score of 0.18 on Accern’s scale. Accern also assigned media headlines about the e-commerce company an impact score of 45.2371780868051 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the news stories that may have effected Accern Sentiment Analysis’s analysis:
- Signals from Technical Perspective – eBay Inc (NASDAQ: EBAY) – Alpha Beta Stock (alphabetastock.com)
- Notable Thursday Option Activity: INCY, EBAY, SYF (nasdaq.com)
- You Can Help Raise Money for Time’s Up by Bidding on These Golden Globes Dresses (finance.yahoo.com)
- StubHub Drafts Maria Menounos As “Honorary Quarterback” Calling The Plays For The StubHub “Playbook” For The Big Game (finance.yahoo.com)
- A Look at PayPal’s Repurchasing Strategy (finance.yahoo.com)
EBAY has been the topic of a number of recent analyst reports. BMO Capital Markets raised eBay from a “market perform” rating to an “outperform” rating and set a $40.00 price objective on the stock in a report on Monday, December 4th. SunTrust Banks reaffirmed a “hold” rating and set a $38.00 price objective on shares of eBay in a report on Friday, November 17th. Piper Jaffray Companies set a $34.00 price objective on eBay and gave the stock a “hold” rating in a report on Wednesday, October 11th. Guggenheim initiated coverage on eBay in a report on Friday, October 20th. They set a “neutral” rating on the stock. Finally, BidaskClub upgraded eBay from a “sell” rating to a “hold” rating in a research report on Wednesday, December 6th. Two investment analysts have rated the stock with a sell rating, twenty have given a hold rating and nineteen have issued a buy rating to the company’s stock. eBay presently has a consensus rating of “Hold” and an average price target of $38.88.
Shares of eBay (EBAY) traded down $0.31 during trading hours on Friday, hitting $38.43. The stock had a trading volume of 12,543,621 shares, compared to its average volume of 8,960,000. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.46 and a quick ratio of 2.46. eBay has a twelve month low of $29.69 and a twelve month high of $40.13. The stock has a market capitalization of $39,820.00, a P/E ratio of 5.68, a P/E/G ratio of 2.70 and a beta of 1.34.
eBay (NASDAQ:EBAY) last issued its quarterly earnings data on Wednesday, October 18th. The e-commerce company reported $0.48 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.48. eBay had a return on equity of 15.69% and a net margin of 80.45%. The business had revenue of $2.41 billion for the quarter, compared to the consensus estimate of $2.37 billion. During the same period in the prior year, the business earned $0.45 earnings per share. The business’s revenue was up 8.7% on a year-over-year basis. sell-side analysts forecast that eBay will post 1.65 EPS for the current year.
In other news, VP Brian J. Doerger sold 6,660 shares of the company’s stock in a transaction on Monday, November 27th. The stock was sold at an average price of $35.99, for a total value of $239,693.40. Following the sale, the vice president now directly owns 16,732 shares in the company, valued at $602,184.68. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Brian J. Doerger sold 4,359 shares of the company’s stock in a transaction on Friday, November 10th. The shares were sold at an average price of $35.75, for a total value of $155,834.25. Following the completion of the sale, the vice president now owns 23,392 shares in the company, valued at $836,264. The disclosure for this sale can be found here. Insiders sold 114,836 shares of company stock worth $4,230,550 over the last 90 days. Company insiders own 6.78% of the company’s stock.
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.
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