Etsy stock: buy or sell?
November 19th, 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?Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best time to buy them. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
None of our preferred buy setups matches with Etsy 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 Etsy stock a buy?
Financial institutions and banks publish stock ratings everyday.At Stocks2.com, we collected 15 ratings published for ETSY stock in the last 30 days. The general sentiment of these ratings is bullish for ETSY stock, with 7 positive ratings.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-9-19||Royal Bank of Canada||Sector Perform||Outperform|
|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 $40.86 and dropped a godawful -2.69%.
Etsy shares dropped -2.69% to $40.86 today. Since September when ETSY stock price broke down the SMA200d line, it slid $-19.68 per share (-32.51%).
Shares of Etsy fell a rough -2.71% this week. Early November ETSY plummed a spooky -8.72% in just one week.
Since late October, when ETSY stock price broke down the 20-weeks moving avarage line, it slid $-17.81 per share (-30.36%). Far behind is the all-time high Etsy recorded early March and since then the price is -44.29% below that top.
Etsy stock price history
Etsy IPO was on April 16th, 2015 at $31.00 per share1. Since then, ETSY stock surged a 31.80%, with an average of 8.00% per year. If you had invested right after ETSY's IPO a $1,000 in Etsy stock in 2015, it would worth $318.00 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 $74.40How much a stock will be priced tomorrow or next week is quite unpredictable However, many stock price predictions are published every day by banks, financial institutions and independent analysts. 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 10 price predictions for Etsy stock:
|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%|
Financials and fundamental analysis
Earnings date and Earnings per ShareEtsy reported superb results for 2018-Q4 on February. Etsy skyrocketed Earnings per Share (EPS) by 23.10%, beating experts estimates of $0.26. Etsy posted $0.32.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, Etsy annual turnover rocketed an outstanding 36.82% to $603.69 M dollars from $441.23 marked in 2017. When comparing 2018 vs 2017, by contrast, profit margin (that is, the net income divided by revenues) slipped a -5.70% to 12.84%.
|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 reported $200.03 million in sales for 2018-Q4, a 33.03% up 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 an extraordinary growth and climbed a 46.79%. Looking back to recent quarterly results, Etsy posted 3 positive 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 shares of a stock, it's worth to have a look its ownership structure.
Etsy shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 1.51% of all shares.
Bearish positions for ETSY stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to Etsy:
|Market cap||$4.8 B||$868.9 B||$28.6 B|
|Total shares||118.5 M||495.8 M||813.5 M|
|Float shares||109.8 M||417.4 M||774.4 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%|
|Tuesday, November 19th, 2019|
|Day range||$40.73 - $42.71|
|Average true range||$2.03|
|50d mov avg||$52.96|
|100d mov avg||$56.12|
|200d mov avg||$60.46|
Etsy performanceTo measure stock performance is always good to benchmark with competitors or related stocks. In the following table, we compare Etsy performance to Amazon.com and eBay:
Etsy competitorsDefining 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