Etsy stock: buy or sell?
August 23rd, 2019
Etsy, Inc. operates as a commerce platform to make, sell, and buy goods online and offline worldwide. Its platform includes its markets, services, and technology, which enables to engage a community of sellers and buyers.
Should I buy Etsy stock?Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. That's why is so important to define your own trading strategy that matches with your character as inversor. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
Currently, Etsy stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Etsy stock a buy?
Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness.At Stocks2.com, we collected 15 ratings published for ETSY stock in the last month. The general sentiment of these ratings is bullish for ETSY stock, with 7 positive ratings.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-7-1||Needham & Company LLC||Buy||Buy|
|2019-3-29||CIBC||Market Perform||Market Perform|
|2019-3-13||Royal Bank of Canada||n/a||Hold|
|2019-3-11||Morgan Stanley||n/a||Equal Weight|
Etsy stock analysis
Etsy ended today at $54.09 and fell a tragic -2.36%.
Etsy closed today at $54.09 and fell a tragic -2.36%. Since price and SMA200d lines crossed down on Aug 5th, ETSY fell $-5.62 per share (-9.41%).
After sliding a dreadful -7.26% in a week last week, Etsy closed this week at $54.09 and soared a very good 2.81%. Late July ETSY skyrocketed an exceptional 7.07% in just one week.
Far behind is the all-time high Etsy hit early March and since then the price is -26.26% below that top.
Etsy stock price history
Etsy stock went public on April 16th, 2015 with a price of $31.001. Since then, ETSY stock grew a 74.50%, with an average of 18.60% per year. If you had invested $1,000 in Etsy stock in 2015, it would worth $745.00 today.
1: Adjusted price after possible price splits or reverse-splits.
Etsy stock historical price chart
ETSY stock reached all-time highs on March with a price of $73.35.
Etsy stock price target is $74.70How much a stock will be priced tomorrow or next week is quite unpredictable However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. We found 12 price forecasts for ETSY stock posted in the last month:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-8-2||Stifel Nicolaus||Raises Target||$62.00||$70.00||12.9%|
|2019-7-1||Needham & Company LLC||Initiates||n/a||$75.00||-|
|2019-3-13||Royal Bank of Canada||Reiterates||n/a||$60.00||-|
|2019-3-11||Morgan Stanley||Raises Target||$49.00||$65.00||32.7%|
|2019-2-26||Roth Capital||Raises Target||$64.00||$72.00||12.5%|
|2019-2-26||Loop Capital||Raises Target||n/a||$80.00||-|
Financials and fundamental analysis
Earnings date and Earnings per ShareEtsy presented cool results for 2018-Q4 on February. Etsy climbed Earnings per Share (EPS) by 23.10%, beating analysts consensus of $0.26. Etsy posted $0.32.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, Etsy annual turnover climbed an astounding 36.82% to $603.69 M USD from $441.23 marked in 2017. However, its earnings margin (compared to sales) fell to 12.84%, that is $77.49 million.
|2013||$125 M||-||$-0.80 M-0.6%||-|
|2014||$196 M||56.45%||$-15.24 M-7.8%||1,814.95%|
|2015||$273 M||39.83%||$-54.06 M-19.8%||254.67%|
|2016||$365 M||33.44%||$-29.90 M-8.2%||-44.69%|
|2017||$441 M||20.90%||$82 M18.5%||-373.57%|
|2018||$604 M||36.82%||$77 M12.8%||-5.27%|
Quarterly financial resultsEtsy posted $200.03 M in revenues for 2018-Q4, a 33.03% improvement compared to previous quarter. Reported quarter income marked $41.25 million with a profit margin of 20.62%. Profit margin jumped a 7.39% compared to previous quarter when profit margin was 13.23%. When comparing revenues to same quarter last year, Etsy sales marked a super good growth and rocketed a 46.79%. Looking back to recent quarterly results, Etsy posted 3 negative quarters in a row.
|2017-Q1||$97 M||-||$0 M-0.4%||-|
|2017-Q2||$102 M||4.95%||$12 M11.5%||-2,867.22%|
|2017-Q3||$106 M||4.61%||$26 M24.3%||121.48%|
|2017-Q4||$136 M||28.10%||$45 M32.8%||73.44%|
|2018-Q1||$121 M||-11.27%||$13 M10.7%||-71.02%|
|2018-Q2||$132 M||9.49%||$3 M2.6%||-73.94%|
|2018-Q3||$150 M||13.58%||$20 M13.2%||488.75%|
|2018-Q4||$200 M||33.03%||$41 M20.6%||107.35%|
Etsy ownershipWhen you are planning to buy 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 Etsy, 1.51% of all outstanding shares are owned by its staff.
Bearish positions for ETSY stock account 0.00%, no big difference from last month.
For a better understanding, the following table shows ownership data compared to other related companies:
|Market cap||$6.5 B||$888.4 B||$34.9 B|
|Total shares||120.2 M||492.1 M||871.5 M|
|Float shares||111.7 M||436.0 M||790.0 M|
|- Institutional holdings (%)||99.2%||57.1%||88.0%|
|- Insider holdings (%)||1.5%||16.1%||5.3%|
|Shares in short selling||0.0%||0.0%||0.0%|
|Friday, August 23rd, 2019|
|Day range||$53.83 - $55.50|
|Average true range||$2.18|
|50d mov avg||$62.24|
|100d mov avg||$63.71|
|200d mov avg||$59.98|
Etsy performanceTo better understand Etsy performance you must becnhmark its gains with other related stocks in same sector or industry. For Etsy, the comparison is made against Amazon.com and eBay.
Etsy competitorsCreating a list of competitors for Etsy it's not an easy task. We selected 2 public companies that are related to and can be considered as competitors of Etsy:
Latest Etsy stock news
- InvestorPlaceTrade of the Day: Etsy, Inc. (ETSY)September 21, 2018
- Investors.comEtsy, Apple Cool Off More As These 5 Industry Groups Weigh On NasdaqSeptember 6, 2018