Last Updated: 14 Nov 2024
Executive Summary
eBay Inc. (EBAY) is a leading e-commerce platform operating globally. With a market capitalization of $29.6 billion, the company has a strong financial position. Its key financial metrics, including earnings per share (EPS) and revenue, have shown consistent growth in recent years. The stock has a trailing price-to-earnings (PE) ratio of 15.47 and a forward PE of 11.81, indicating a fair valuation. The analyst consensus rating is "Hold," with a target price of $61.73.
Company Overview
eBay Inc. is an American multinational e-commerce corporation headquartered in San Jose, California. It operates an online marketplace that connects buyers and sellers worldwide. The company's platform offers a wide range of products, including electronics, fashion, home goods, and collectibles. eBay also provides payment and shipping services to facilitate transactions.
Fundamental Analysis
Revenue: eBay's revenue has grown steadily in recent years, reaching $102.66 billion in the trailing twelve months. The company has benefited from the increasing adoption of e-commerce and its global reach.
Earnings: The company's EPS has also shown consistent growth, reaching $4.00 in the trailing twelve months. eBay's profit margin is 19.7%, indicating efficient operations.
Valuation: The stock's trailing PE ratio of 15.47 is in line with industry peers. The forward PE of 11.81 suggests that the stock may be undervalued.
Technical Analysis
Trend: The stock is currently trading above its 50-day and 200-day moving averages, indicating a bullish trend.
Support and Resistance: The stock has support at around $54.70 (200-day moving average) and resistance at around $67.80 (52-week high).
Momentum: The relative strength index (RSI) is currently at 55, indicating that the stock is neither overbought nor oversold.
Short Term Outlook
In the short term, eBay's stock is expected to continue trading within the current range. The stock may face resistance at $67.80, but it is likely to find support at $54.70.
Long Term Outlook
The long-term outlook for eBay is positive. The company is well-positioned to benefit from the continued growth of e-commerce. eBay's global reach and strong brand recognition give it a competitive advantage.
Analyst Recommendations
Analysts covering eBay have a consensus rating of "Hold." The average analyst target price is $61.73, which implies a potential upside of 0.3% from the current price of $61.89.
