eToro Group Ltd. (NASDAQ:ETOR) Given Consensus Rating of “Moderate Buy” by Brokerages

eToro Group Ltd. (NASDAQ:ETOR) has been given an average recommendation of “Moderate Buy” by the seventeen research firms that are presently covering the stock, MarketBeat Ratings reports. Seven analysts have rated the stock with a hold rating and ten have issued a buy rating on the company. The average 12 month price objective among analysts that have covered the stock in the last year is $52.80.

Several equities analysts recently issued reports on ETOR shares. The Goldman Sachs Group dropped their target price on shares of eToro Group from $42.00 to $36.00 and set a “neutral” rating on the stock in a report on Wednesday. Weiss Ratings began coverage on eToro Group in a research note on Tuesday. They set a “hold (c-)” rating for the company. Canaccord Genuity Group restated a “buy” rating and set a $65.00 price target on shares of eToro Group in a report on Tuesday, June 9th. Cantor Fitzgerald lowered their price objective on shares of eToro Group from $61.00 to $53.00 and set an “overweight” rating for the company in a research note on Wednesday. Finally, Zacks Research lowered shares of eToro Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 14th.

Insider Buying and Selling at eToro Group

In other news, CEO Hedva Ber sold 55,160 shares of eToro Group stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $41.90, for a total transaction of $2,311,204.00. Following the completion of the transaction, the chief executive officer directly owned 20,660 shares in the company, valued at $865,654. This trade represents a 72.75% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Institutional Trading of eToro Group

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Caitong International Asset Management Co. Ltd bought a new position in shares of eToro Group in the fourth quarter valued at approximately $25,000. EverSource Wealth Advisors LLC lifted its stake in eToro Group by 365.3% during the 1st quarter. EverSource Wealth Advisors LLC now owns 926 shares of the company’s stock valued at $28,000 after acquiring an additional 727 shares in the last quarter. Blue Trust Inc. purchased a new position in eToro Group during the 4th quarter worth $42,000. Newbridge Financial Services Group Inc. grew its stake in shares of eToro Group by 45.1% in the 3rd quarter. Newbridge Financial Services Group Inc. now owns 1,785 shares of the company’s stock worth $74,000 after acquiring an additional 555 shares in the last quarter. Finally, State of Wyoming grew its position in eToro Group by 180.0% in the 1st quarter. State of Wyoming now owns 1,932 shares of the company’s stock worth $58,000 after purchasing an additional 1,242 shares in the last quarter.

eToro Group Trading Down 2.9%

Shares of ETOR stock opened at $28.47 on Friday. eToro Group has a 1-year low of $24.74 and a 1-year high of $51.88. The company has a current ratio of 3.92, a quick ratio of 3.92 and a debt-to-equity ratio of 0.02. The stock has a market cap of $2.36 billion, a price-to-earnings ratio of 10.70, a PEG ratio of 0.63 and a beta of 1.68. The stock has a 50-day moving average of $37.77 and a 200-day moving average of $34.93.

eToro Group (NASDAQ:ETOR) last announced its earnings results on Tuesday, August 11th. The company reported $0.68 EPS for the quarter, beating the consensus estimate of $0.61 by $0.07. eToro Group had a return on equity of 20.19% and a net margin of 2.17%.The business had revenue of $1.59 billion for the quarter. During the same quarter in the previous year, the company earned $0.56 earnings per share. The business’s revenue was down 23.9% on a year-over-year basis. On average, equities research analysts forecast that eToro Group will post 2.81 earnings per share for the current year.

eToro Group News Roundup

Here are the key news stories impacting eToro Group this week:

• Positive Sentiment: eToro reported adjusted earnings of $0.68 per share, exceeding the approximately $0.61 consensus estimate. Revenue also surpassed expectations, while management highlighted record assets under administration and plans to expand in the U.S. Reuters earnings and TradeZero article
• Positive Sentiment: Several analysts still see substantial upside: Mizuho kept an outperform rating with a $52 target, while Cantor Fitzgerald maintained overweight at $53 and Needham retained a buy rating at $53. Other analysts have also raised their forecasts following the strong quarterly results. Analysts increase forecasts article
• Neutral Sentiment: eToro agreed to acquire U.S.-focused online brokerage TradeZero for up to $231 million in cash and stock. The deal could accelerate U.S. growth and broaden eToro’s trading capabilities, but its financial benefits and integration execution remain uncertain. TradeZero acquisition article
• Negative Sentiment: The earnings beat was overshadowed by the TradeZero announcement, with reports indicating that shares fell sharply as investors questioned the acquisition’s cost, potential dilution and execution risks. eToro earnings and TradeZero reaction
• Negative Sentiment: Goldman Sachs lowered its price target from $42 to $36 and moved to neutral; UBS cut its target from $50 to $35 with a neutral rating; and Keefe, Bruyette & Woods reduced its target from $45 to $35 with a market-perform rating. Cantor Fitzgerald and Needham also reduced their targets, citing lower EBITDA estimates. Analyst price target revisions
• Negative Sentiment: Although quarterly EPS improved year over year, reported revenue was down approximately 23.9% from the prior-year period, reinforcing concerns about growth momentum and valuation.

eToro Group Company Profile

eToro Group Ltd. (NASDAQ: ETOR) is a global multi-asset brokerage company known for its social trading platform. The company enables individual and institutional investors to trade and invest in a broad range of financial instruments, including stocks, exchange-traded funds (ETFs), commodities, indices, forex, and cryptocurrencies. eToro’s platform integrates a user-friendly interface with advanced trading tools, catering to both novice and experienced market participants.

A distinguishing feature of eToro’s offering is its CopyTrader™ functionality, which allows users to replicate the trades of selected investors on the platform.