eBay Inc. (NASDAQ:EBAY).
On October 21 the stock rating was upgraded to “Buy” from “Long-term Buy” in a report issued by Hilliard Lyons. Deutsche Bank raised the price target and upgraded the stock on September 29 changing the price target from $24.00 to $40.00 and moving the rating from “Underweight” to “Buy”.
On September 29 the company was upgraded from “Underweight” to “Buy” and a price target of $40.00 was set by Deutsche Bank. On August 30, 2016 Hilliard Lyons added the stock to its research portfolio with an initial rating of “Long-term Buy” and projecting a price target of $35.00.
On July 21 Deutsche Bank held the company rating at “Underweight” but lowered the price expectation from $28.00 to $24.00.
The company is now down by -1.94 percent from yesterday’s close. It is currently trading at $36.46 which is slightly above $35.28, the stock’s 50 day moving average and just a bit higher than the 200 day moving average of $33.60. The 50 day moving average was up $1.10 or +3.124% and the 200 day average went up $2.78 or +8.282%.
eBay Inc. (eBay), launched on March 13, 1998, 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. The Business’s platforms are accessible through an online experience (desktop and laptop computers), from mobile devices (smartphones and tablets) and by application programming interface (API) (platform access for third-party software developers). The Business’s platform is based on open source technologies that enable software developers and merchants to access its APIs for developing software and solutions for commerce..
eBay Inc.’s P/E ratio is 5.241 and the market value is 39.38B. As of the last earnings report the EPS was $6.94 and is estimated to be $2.01 for the current year with 1,082,338,000 shares outstanding. Analysts expect next quarter’s EPS to be $0.59 with next year’s EPS anticipated to be $2.21.