News coverage about Etsy (NASDAQ:ETSY) has trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm identifies positive and negative news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Etsy earned a coverage optimism score of 0.17 on Accern’s scale. Accern also gave news stories about the specialty retailer an impact score of 45.5382303113098 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

These are some of the media headlines that may have impacted Accern Sentiment’s scoring:

Shares of NASDAQ:ETSY opened at $49.40 on Wednesday. The company has a debt-to-equity ratio of 0.90, a current ratio of 5.87 and a quick ratio of 5.87. The stock has a market cap of $5.65 billion, a P/E ratio of 130.00, a price-to-earnings-growth ratio of 7.53 and a beta of 0.22. Etsy has a 12-month low of $15.27 and a 12-month high of $50.84.

Etsy (NASDAQ:ETSY) last issued its quarterly earnings data on Monday, August 6th. The specialty retailer reported $0.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.01). The business had revenue of $132.39 million for the quarter, compared to analyst estimates of $127.10 million. Etsy had a return on equity of 13.23% and a net margin of 17.52%. The firm’s revenue for the quarter was up 30.2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.10 earnings per share. sell-side analysts forecast that Etsy will post 0.42 EPS for the current year.

ETSY has been the topic of several analyst reports. Zacks Investment Research upgraded Etsy from a “hold” rating to a “buy” rating and set a $32.00 price target on the stock in a report on Wednesday, May 23rd. ValuEngine upgraded Etsy from a “buy” rating to a “strong-buy” rating in a report on Wednesday, June 6th. KeyCorp lifted their price target on Etsy from $36.00 to $48.00 and gave the stock an “overweight” rating in a report on Friday, June 15th. Stifel Nicolaus lifted their price target on Etsy from $30.00 to $37.00 and gave the stock a “hold” rating in a report on Friday, June 15th. Finally, Royal Bank of Canada lifted their price target on Etsy to $42.00 and gave the stock a “sector perform” rating in a report on Friday, June 15th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, five have assigned a buy rating and two have given a strong buy rating to the company. Etsy has an average rating of “Buy” and a consensus price target of $42.41.

In related news, Director Melissa Reiff sold 35,000 shares of the firm’s stock in a transaction dated Friday, August 17th. The stock was sold at an average price of $46.01, for a total transaction of $1,610,350.00. Following the completion of the sale, the director now directly owns 25,285 shares of the company’s stock, valued at approximately $1,163,362.85. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director M Michele Burns sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, August 8th. The stock was sold at an average price of $43.85, for a total value of $219,250.00. Following the sale, the director now directly owns 18,487 shares of the company’s stock, valued at $810,654.95. The disclosure for this sale can be found here. Insiders have sold a total of 107,062 shares of company stock valued at $4,834,580 over the last three months. Corporate insiders own 2.80% of the company’s stock.

Etsy Company Profile

Etsy, Inc operates Etsy.com, a commerce platform to make, sell, and buy goods online and offline primarily in the United States, United Kingdom, Canada, Australia, France, and Germany. It provides various seller services and tools that are designed to help entrepreneurs for starting, managing, and scaling their businesses.

Further Reading: Do Tariffs Work?

Insider Buying and Selling by Quarter for Etsy (NASDAQ:ETSY)

Receive News & Ratings for Etsy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Etsy and related companies with MarketBeat.com's FREE daily email newsletter.