After dropping 2.5% during after-hours trading to 33 in the stock market today, eBay stock rebounded to 34.33, up 0.4%, The stock hit a record high of 34.74 on April 5.
EBay shares have increased 14 percent since the beginning of the year, while the Standard & Poor's 500 index has risen slightly more than 4 percent.
A number of research firms have recently issued reports on EBAY. The company has PEG ratio of 0.72 and price to cash ratio of 5.20.
With shares up almost 35% over the past year leading up to this report, including a 14% gain so far in 2017 on the heels of its record holiday-quarter results in late January, there were no real surprises in these results. EBAY has P/E (Price to Earnings ttm) value of 5.25, Forward P/E of 15.41, P/C (Price to cash per share) of 5.15 and Price to Free Cash Flow (P/FCF) value of 16.69. Cowen and Company reissued a "market perform" rating and set a $29.00 price target on shares of eBay in a research note on Thursday, January 19th. Finally, Royal Bank of Canada reiterated a "hold" rating and issued a $34.00 target price on shares of eBay in a research note on Thursday, April 13th. The share price is trading in a range of $34.09 - 34.44.
An important factor to consider when evaluating a stock's current and future value are the 52 week price high and low levels. The company has a 50-day moving average price of $33.66 and a 200-day moving average price of $31.28.
eBay Inc (NASDAQ:EBAY) updated its FY17 earnings guidance on Wednesday. The short ratio in the company's stock is documented at 1.72 and the short float is around of 1.53%. During the same quarter a year ago, the firm earned $0.50 EPS. To make a proper assessment, investors seek a sound estimate of this year's and next year's earnings per share (EPS), as well as a strong sense of how much the company will earn even farther down the road.
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In other eBay news, VP Brian J. Doerger sold 6,660 shares of eBay stock in a transaction dated Thursday, February 9th. There may be various price targets for a stock. Following the completion of the sale, the director now owns 436,473 shares of the company's stock, valued at approximately $13,967,136. The shares were sold at an average price of $33.28, for a total transaction of $200,145.92. Its platforms enable sellers around the world to organize and offer their inventory for sale, and buyers to find and purchase it. Insiders own 7.40% of the company's stock.
Shares of InterCloud Systems Inc (OTCMKTS:ICLD) declined -0.71% to $0.0279. Boston Partners now owns 26,671,175 shares of the e-commerce company's stock valued at $877,482,000 after buying an additional 1,342,624 shares during the period.
eBay Inc. had its " rating reiterated by analysts at Aegis Capital. BKD Wealth Advisors LLC raised its stake in shares of eBay by 25.6% in the first quarter. Finally, Alpha Windward LLC raised its stake in shares of eBay by 1.1% in the first quarter. The e-commerce company reported $0.54 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.54. The institutional investor owned 17,694,007 shares of the e-commerce company's stock after selling 9,458,183 shares during the period.