eBay Inc. (NASDAQ:EBAY) stock is currently pricing at roughly $33.51. Our analysis shows that the stock is widely covered by equity research firms, and target prices are revealing. From a summary standpoint, we track the median one-year price target among 33 analysts covering the company at $36.00. That suggests shares of the stock may have another 7 percent to the upside left to run. Of those analysts we surveyed, the highest price target on recordsits at $41.00, which would imply another 78 percent in upside potential. If we look for a little more qualitative data on the range of expectations, we find in analyst notes that the stock has 9 “Buy” ratings in place. At the same time, 6 rate the stock a “strong buy”, suggesting more conviction in the story. As for the doubters, 20 equity research analyst firms call this stock a “Hold” and 0 consider it bad enough to warrant a “Sell” rating.
Analysts at Monness Crespi & Hardt took a look at EBAY shares in a research note released on Apr 20, 2017, and issued a Neutral rating to this company. Barclays analysts provided their own take on company recently as well. In a research note published on Mar 29, 2017,the house assigned a Overweight rating to this stock. According to a piece that hit the wires on Oct 21, 2016, researchers at Hilliard Lyons reconsidered their prior rating on the stock, and upped it from Long-term Buy Perform to Buy.
eBay Inc. (EBAY) Cap Table Analysis
Breaking down the capitalization table is our next goal. From a bird’s eye view, Executives hold 7.55 percent of the stock.
If we take a more granular look, Pierre M. Omidyar is one of the largest owners in company capital stock among insiders. According to U.S. Securities and Exchange Commission (SEC) filings, this investor owns 70,298,858 shares, representing a total current market value of roughly $2355714731.58. Margaret C. Whitman is another major player among company insiders, currently holding 3,978,474 shares as of 0.37%, carrying a current market value of $133318663.74. Robert C. Kagle is currently ranked as the number three insider in terms of representation on the cap table for the stock, holding 3,362,086 shares, valued at around $112663501.86 as of recent close.
We noted a few insider transactions for the stock recently as well.
In a transaction on 2017-04-24, the company’s SVP, CTO FISHER STEPHEN sold 33,008 company shares for 1067810. That means, once accounting for this transaction, the SVP, CTO is left with a stake of 80,100 shares, carrying a current total market value of $2684151. In addition, by means of a transaction dated 2017-02-27, SVP, Asia Paific Lee Jae Hyun sold 6,375 shares worth $216620. After that transaction, this investor is left with a total holding of 76,847 shares, representing a total investment value of $2575142.97. We also noted a 2017-02-23 transaction in which EBAY SVP, North America Lawton III Harry A sold 13,400 shares at a stock price of $33.73, carrying a total value of $451980, after which, this insider’s investment stands at 14,520 shares, with an overall financial value of $486565.
eBay Inc. (NASDAQ:EBAY) Earnings View
In the company’s last quarter, EBAY EPS moved to $0.49 from $0.54 compared sequentially with the prior quarter. Revenues for the company came in at $2.22BM. This stacks up against $2.4BM, on a sequential basis.
How does this compare with bottom and top-line expectations? Well, according to what we could find, analysts had been looking for the company to post net income of about $0.48 per share on $2.21BM in revenue. That sets up an interesting next quarter report card. We would note that analysts seem to be projecting earnings, on average, for this quarter in the range of $0.43 to $0.47. On a year-over-year basis, that compares with an EPS comp of $0.43.