eBay (EBAY) PT Set at $44.00 by UBS Group

UBS Group set a $44.00 target price on eBay (NASDAQ:EBAY) in a report released on Thursday, www.boersen-zeitung.de reports. The firm currently has a buy rating on the e-commerce company’s stock.

A number of other equities research analysts have also issued reports on the company. Robert W. Baird increased their price target on eBay from $38.00 to $44.00 and gave the stock an outperform rating in a research note on Tuesday, January 9th. Aegis reiterated a buy rating and issued a $45.00 price target on shares of eBay in a research note on Saturday, December 30th. BidaskClub upgraded eBay from a sell rating to a hold rating in a research note on Wednesday, December 6th. Evercore ISI began coverage on eBay in a research note on Tuesday, December 5th. They issued an in-line rating and a $36.00 price target for the company. They noted that the move was a valuation call. Finally, BMO Capital Markets upgraded eBay from a market perform rating to an outperform rating and set a $40.00 price target for the company in a research note on Monday, December 4th. Two research analysts have rated the stock with a sell rating, twenty have assigned a hold rating and nineteen have assigned a buy rating to the company’s stock. eBay has an average rating of Hold and an average price target of $38.88.

eBay (EBAY) traded up $0.21 during trading hours on Thursday, hitting $38.02. The stock had a trading volume of 11,992,800 shares, compared to its average volume of 9,867,789. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.46 and a quick ratio of 2.46. The stock has a market cap of $39,710.00, a price-to-earnings ratio of 5.62, a price-to-earnings-growth ratio of 2.64 and a beta of 1.34. eBay has a 52-week low of $29.69 and a 52-week high of $40.13.

eBay (NASDAQ:EBAY) last posted its quarterly earnings data on Wednesday, October 18th. The e-commerce company reported $0.48 EPS for the quarter, hitting the consensus estimate of $0.48. eBay had a return on equity of 15.69% and a net margin of 80.45%. The firm had revenue of $2.41 billion during the quarter, compared to analyst estimates of $2.37 billion. During the same period in the prior year, the business posted $0.45 EPS. eBay’s revenue was up 8.7% on a year-over-year basis. research analysts anticipate that eBay will post 1.65 earnings per share for the current year.

In related news, VP Brian J. Doerger sold 6,660 shares of the stock in a transaction dated Monday, November 27th. The shares were sold at an average price of $35.99, for a total value of $239,693.40. Following the completion of the transaction, the vice president now owns 16,732 shares of the company’s stock, valued at approximately $602,184.68. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, SVP Stephen Fisher sold 69,406 shares of the stock in a transaction dated Friday, October 20th. The shares were sold at an average price of $37.63, for a total transaction of $2,611,747.78. Following the completion of the transaction, the senior vice president now directly owns 144,047 shares of the company’s stock, valued at approximately $5,420,488.61. The disclosure for this sale can be found here. In the last ninety days, insiders sold 184,242 shares of company stock valued at $6,842,297. 6.78% of the stock is owned by insiders.

Large investors have recently made changes to their positions in the stock. Captrust Financial Advisors bought a new position in shares of eBay in the 2nd quarter valued at about $108,000. Valeo Financial Advisors LLC bought a new stake in eBay in the third quarter worth about $122,000. BB&T Investment Services Inc. bought a new stake in eBay in the second quarter worth about $119,000. Migdal Insurance & Financial Holdings Ltd. bought a new stake in eBay in the second quarter worth about $123,000. Finally, Steward Partners Investment Advisory LLC bought a new stake in eBay in the third quarter worth about $139,000. 85.93% of the stock is owned by hedge funds and other institutional investors.

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eBay Company Profile

eBay Inc (eBay) is a commerce company, which operates through its Marketplace, StubHub and Classifieds platforms. The Company connects buyers and sellers around the world. Its platforms enable sellers around the world to organize and offer their inventory for sale, and buyers to find and purchase it.

Analyst Recommendations for eBay (NASDAQ:EBAY)

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