eBay Inc. (NASDAQ:EBAY) registered a 2.43% increase, still its new closing price is 51.07% up from the company’s 1 year high of 33.19.It posted 6.10% gains in previous 5 sessions and is now the subject of 24 analysts who together assign a hold rating on stock. 2 of Wall Street analysts have an underperform rating; the 0 sells versus 9 buy or better ratings. The 40 stock analysts following this company have an average price target at $34.15, with individual PT in the $28.00-$40.00 range. The shares moved at $32.51, implying that brokerage firms see shares gaining about 40.55% in twelve months time.
eBay Inc. (EBAY) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a 9.50% rise year to date. A VP, Chief Accounting Officer at eBay Inc. (EBAY) offloaded shares in a transaction closed on Monday November 21, 2016. Doerger Brian J. sold 18,000 shares in the company at $28.93 each and collected $520,001 in proceeds. Doerger Brian J. now owns 26,826 shares in the company after this transaction. A Director in the company, Green Logan, disclosed a transaction on Wednesday November 02, 2016 that ended up paying $28,000 from the purchase of 1,000 shares at $28.32 per share.
eBay Inc. (NASDAQ:EBAY) Upcoming Results on Tap
eBay Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.48 in that period. Sales during the quarter are predicted to arrive at $2.21 billion.
Earnings surprise history: Last quarter, the company posted approximately $2.4 billion in revenue and EPS of $0.54. The mean forecast was for $2.4 billion and $0.54 a share, respectively. One quarter earlier, revenue for the stock was at $2.22 billion, with earnings at $0.45/share.
eBay Inc. (EBAY) Brokerage Update
eBay Inc. (EBAY) is in Hilliard Lyons’s research list so their analyst rating change is noteworthy. These shares were upgraded to Buy from Long-term Buy by Hilliard Lyons, according to news reported on Friday October 21, 2016.Another important research note was issued by Deutsche Bank on Thursday September 29, 2016.The firm upgraded EBAY to Buy from Hold. Over the last six months and over the last three months, the shares of eBay Inc. (EBAY), have changed 4.30% and 12.80%, respectively.