eBay Inc (NASDAQ:EBAY)‘s stock had its “neutral” rating restated by equities research analysts at Credit Suisse Group AG in a research report issued to clients and investors on Thursday. They currently have a $34.00 price target on the e-commerce company’s stock. Credit Suisse Group AG’s price target would indicate a potential upside of 4.52% from the company’s current price.

Other equities research analysts have also issued reports about the company. Cantor Fitzgerald lifted their price target on eBay to $31.00 in a research report on Thursday, January 26th. Benchmark Co. lifted their price target on eBay to $39.00 in a research report on Thursday, January 26th. Goldman Sachs Group Inc lifted their price target on eBay from $36.00 to $38.00 and gave the company a “buy” rating in a research report on Thursday, January 26th. Aegis initiated coverage on eBay in a research report on Tuesday, January 3rd. They set a “buy” rating and a $36.00 price target on the stock. Finally, Citigroup Inc lifted their price target on eBay from $34.00 to $36.00 and gave the company a “buy” rating in a research report on Thursday, January 26th. Two equities research analysts have rated the stock with a sell rating, twenty have assigned a hold rating, seventeen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $34.90.

Analyst Recommendations for eBay (NASDAQ:EBAY)

Shares of eBay (NASDAQ:EBAY) traded down 1.35% during mid-day trading on Thursday, reaching $32.09. The company had a trading volume of 11,526,074 shares. The stock has a 50 day moving average price of $33.61 and a 200 day moving average price of $31.29. The firm has a market capitalization of $34.88 billion, a PE ratio of 5.05 and a beta of 1.31. eBay has a 12-month low of $22.30 and a 12-month high of $34.74. eBay also was the recipient of unusually large options trading on Thursday. Stock investors acquired 32,552 put options on the company. This represents an increase of 505% compared to the typical daily volume of 5,383 put options.

eBay (NASDAQ:EBAY) last released its quarterly earnings results on Wednesday, April 19th. The e-commerce company reported $0.49 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.48 by $0.01. eBay had a return on equity of 24.13% and a net margin of 80.92%. The company had revenue of $2.22 billion for the quarter, compared to analyst estimates of $2.21 billion. During the same period in the previous year, the company posted $0.47 earnings per share. The firm’s revenue was up 3.7% on a year-over-year basis. On average, equities analysts forecast that eBay will post $2.01 earnings per share for the current year.

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In other news, VP Brian J. Doerger sold 6,660 shares of the stock in a transaction that occurred on Thursday, February 9th. The stock was sold at an average price of $33.25, for a total value of $221,445.00. Following the sale, the vice president now directly owns 29,006 shares in the company, valued at $964,449.50. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Director Thomas J. Tierney sold 6,014 shares of the stock in a transaction that occurred on Wednesday, February 8th. The stock was sold at an average price of $33.28, for a total value of $200,145.92. Following the completion of the sale, the director now owns 28,525 shares in the company, valued at $949,312. The disclosure for this sale can be found here. Over the last quarter, insiders sold 313,020 shares of company stock worth $10,153,302. Company insiders own 7.40% of the company’s stock.

Several large investors have recently modified their holdings of the company. CENTRAL TRUST Co increased its stake in shares of eBay by 4.4% in the third quarter. CENTRAL TRUST Co now owns 8,493 shares of the e-commerce company’s stock valued at $279,000 after buying an additional 361 shares during the last quarter. Berkshire Asset Management LLC PA increased its stake in shares of eBay by 18.7% in the third quarter. Berkshire Asset Management LLC PA now owns 19,147 shares of the e-commerce company’s stock valued at $630,000 after buying an additional 3,015 shares during the last quarter. Hartford Financial Management Inc. increased its stake in shares of eBay by 2.9% in the third quarter. Hartford Financial Management Inc. now owns 3,570 shares of the e-commerce company’s stock valued at $117,000 after buying an additional 100 shares during the last quarter. Quadrant Capital Group LLC increased its stake in shares of eBay by 1.7% in the third quarter. Quadrant Capital Group LLC now owns 5,692 shares of the e-commerce company’s stock valued at $181,000 after buying an additional 96 shares during the last quarter. Finally, Cubic Asset Management LLC acquired a new stake in shares of eBay during the third quarter valued at $229,000. Hedge funds and other institutional investors own 85.86% of the company’s stock.

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.

5 Day Chart for NASDAQ:EBAY

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