eBay stock: buy or sell?
May 21st, 2019
eBay Inc. operates commerce platforms that connect various buyers and sellers worldwide. Its platforms enable sellers to organize and offer their inventory for sale; and buyers to find and purchase it virtually.
Should I buy eBay stock?You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. That's why is so important to define your own trading plan that fits your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
None of our preferred buy setups matches with eBay stock situation right now, therefore this is not a suitable entry point.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is eBay stock a buy?
Financial institutions and banks post stock ratings everyday.At Stocks2.com, we gathered 15 ratings published for EBAY stock in the last month. The general sentiment of these ratings is bullish for EBAY stock, with 8 positive ratings.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-4-24||Piper Jaffray Companies||n/a||Neutral|
|2019-4-24||Morgan Stanley||n/a||Equal Weight|
|2019-4-24||JPMorgan Chase & Co.||n/a||Neutral|
|2019-1-4||Goldman Sachs Group||Buy||Neutral|
eBay stock analysis
Shares of eBay closed today at $36.58 and remained stable a neutral 0.05%.
EBay ended today at $36.58 and remained stable a neutral 0.05%. Since last Apr/12 when SMA100d and SMA200d crossed up, EBAY price gained $0.26 per share (0.72%). Since price and SMA200d lines crossed up on February, EBAY climbed $3.06 (9.13%). EBAY is soaring again after a 3.27% correction from its last top on Thursday at $37.64.
Shares of eBay ended this week at $36.58 and declined a bad -0.87%. This was the fourth red week in a row, sliding in full a -4.95%. Late April EBAY rocketed an exceptional 6.20% in just one week.
Since SMA20w and SMA40w crossed up early April, EBAY price slid a -1.51%. Since price and SMA40w lines crossed up late January, EBAY climbed $5.70 (18.46%).
eBay stock price history
eBay IPO was on September 24th, 1998 at $0.93 per share1. Since then, EBAY stock surged a 3,833.30%, with a yearly average of 191.70%. If you had invested right after EBAY's IPO a $1,000 in eBay stock in 1998, it would worth $38,333.00 today.
1: Adjusted price after possible price splits or reverse-splits.
eBay stock historical price chart
EBAY stock reached 52-week highs on June at $40.71, and all-time highs 2018-02-01 with a price of 46.81.
eBay stock price target is $42.50Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last month we found 14 price forecasts for EBAY stock:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-4-24||UBS Group||Raises Target||$40.00||$42.00||5%|
|2019-4-24||Piper Jaffray Companies||Raises Target||$32.00||$35.00||9.4%|
|2019-4-24||Morgan Stanley||Raises Target||$33.00||$34.50||4.5%|
|2019-4-24||JPMorgan Chase & Co.||Raises Target||$36.00||$39.00||8.3%|
|2019-4-24||Deutsche Bank||Raises Target||$39.00||$42.00||7.7%|
|2019-3-4||DA Davidson||Raises Target||n/a||$44.00||-|
|2019-1-31||Imperial Capital||Lowers Target||$64.00||$56.00||-12.5%|
|2019-1-30||Susquehanna Bancshares||Raises Target||$33.00||$43.00||30.3%|
|2019-1-30||Raymond James||Raises Target||$35.00||$39.00||11.4%|
Financials and fundamental analysis
Earnings date and Earnings per ShareIn the last 28 days, when eBay presented its last earnings report, it stayed constant a tight -0.25%. Unfortunately, reported EPS is not yet available in our database.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual turnover report draw an excellent increase of 8.25% to $10,746.00 million USD. In the same way, its profit margin (compared to sales) boosted to 23.54%, that is $2,530.00 million. To have an updated view of the financial situation of eBay, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2019-Q1 that can be compared to 2018 fiscal year results. Annual eBay TTM sales up to March 2019 were $10,809.00 and earnings were $2,641.00 M dollars. When comparing this TTM figures with the last reported annuality, we can esteem eBay business evolution since December 2018: Annual sales up to March, compared to lastest yearly report, stayed constant a neutral 0.59%. Regarding profit margin, eBay remained stable 0.89% to 23.54%
|2013||$16,050 M||-||$2,860 M17.8%||-|
|2014||$17,902 M||11.54%||$46 M0.3%||-98.39%|
|2015||$8,592 M||-52.01%||$1,725 M20.1%||3,650.00%|
|2016||$8,979 M||4.50%||$7,266 M80.9%||321.22%|
|2017||$9,927 M||10.56%||$-1,017.00 M-10.2%||-114.00%|
|2018||$10,746 M||8.25%||$2,530 M23.5%||-348.77%|
|TTM||$10,809 M||0.59%||$2,641 M24.4%||4.39%|
Quarterly financial resultsEBay reported $2,643.00 M in sales for 2019-Q1, a -8.13% decline compared to previous quarter. Reported quarter income marked $518.00 million with a profit margin of 19.60%. Profit margin dropped a -6.82% compared to previous quarter when profit margin was 26.42%. When comparing turnover to same quarter last year, eBay sales marked a tiny gain and gained a 2.44%.
|2017-Q2||$2,330 M||-||$27 M1.2%||-|
|2017-Q3||$2,409 M||3.39%||$523 M21.7%||1,837.04%|
|2017-Q4||$2,347 M||-2.57%||$-2,600 M-110.8%||-597.13%|
|2018-Q1||$2,580 M||9.93%||$407 M15.8%||-115.65%|
|2018-Q2||$2,640 M||2.33%||$642 M24.3%||57.74%|
|2018-Q3||$2,649 M||0.34%||$721 M27.2%||12.31%|
|2018-Q4||$2,877 M||8.61%||$760 M26.4%||5.41%|
|2019-Q1||$2,643 M||-8.13%||$518 M19.6%||-31.84%|
eBay ownershipWhen you are planning to invest in shares of a company, it's always worth to review its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For eBay, 5.29% of all outstanding shares are owned by its staff.
Bearish positions for EBAY stock account 0.00%, no big difference from last month.
For a better understanding, the next table shows ownership data compared to other related stocks:
|Market cap||$31.9 B||$915.2 B||$109.5 B||$16.0 B||$34.2 B|
|Total shares||871.5 M||492.3 M||439.9 M||136.0 M||392.4 M|
|Float shares||823.3 M||413.2 M||433.2 M||110.6 M||391.6 M|
|- Institutional holdings (%)||88.0%||57.1%||73.5%||89.1%||91.1%|
|- Insider holdings (%)||5.3%||16.1%||0.5%||13.0%||0.3%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Tuesday, May 21st, 2019|
|Day range||$36.44 - $36.87|
|Average true range||$0.77|
|50d mov avg||$37.14|
|100d mov avg||$35.39|
|200d mov avg||$33.30|
eBay performancePerformance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. For eBay, the benchmark is made against Amazon.com, Costco Wholesale, Expedia, Fiserv, Alphabet, Groupon, MercadoLibre, Microsoft and Overstock.com.
eBay competitorsWe picked a few stocks to conform a list of eBay competitors to examine if you are interested in investing in EBAY:
- Amazon.com (AMZN)
- Costco Wholesale (COST)
- Expedia (EXPE)
- Fiserv (FISV)
- Alphabet (GOOGL)
- Groupon (GRPN)
- MercadoLibre (MELI)
- Microsoft (MSFT)
- Overstock.com (OSTK)
Latest eBay stock news
- Seeking AlphaEBay: Increasing Balance Sheet RiskMay 7, 2019
- InvestorPlaceeBay Stock Easily Could Make the Run Above $40 This YearApril 29, 2019
- InvestorPlaceeBay Earnings: EBAY Stock Soars on Q1 Sales BeatApril 23, 2019
- InvestorPlaceBezos Third-Party Seller Shade Could Become Opportunity for Rival eBayApril 15, 2019
- InvestorPlaceFriday’s Vital Data: eBay, JPMorgan Chase and TeslaApril 12, 2019