How did Etsy’s first-quarter results beat consensus estimates?
Get the latest Etsy, Inc. (ETSY) stock news and headlines to help you in your trading and investing decisions. ... Etsy, Inc.Etsy operates a top-10 e-commerce marketplace operator in the U.S. and ...
Is Etsy stock underperforming the S&P 500 this week?
May 06, 2022 · ETSY: Get the latest Etsy stock price and detailed information including ETSY news, historical charts and realtime prices.
What is Etsy’s valuation?
Mar 11, 2022 · What happened. Shares of online crafts bazaar Etsy ... announced it is initiating coverage of Etsy stock ... more risk than reward in Etsy …
What happened to ecommerce stock after the March 2020 drop?
Why Etsy Stock Dropped Today. Shares of Etsy (NASDAQ: ETSY) sank on Thursday after the online marketplace for craft goods warned shareholders that its pace of expansion was slowing. As of 2:22 p.m...
Why was Etsy stock down today?
Will Etsy stock recover?
The 17 analysts offering 12-month price forecasts for ETSY Inc have a median target of 150.00, with a high estimate of 268.00 and a low estimate of 95.00. The median estimate represents a +73.59% increase from the last price of 86.41.
Is Etsy a buy?
Is Etsy a buy or sell?
Is ETSY a long term buy?
Why is Etsy tanking?
Who owns Etsy stock?
| Stockholder | Stake | Shares owned |
|---|---|---|
| The Vanguard Group, Inc. | 10.28% | 13,059,714 |
| BlackRock Fund Advisors | 5.59% | 7,096,621 |
| SSgA Funds Management, Inc. | 4.13% | 5,248,158 |
| T. Rowe Price Associates, Inc. (I... | 4.09% | 5,191,224 |
Is Etsy a good stock?
Will Etsy continue to grow?
What is the target price for Etsy?
| High | $268.00 |
|---|---|
| Median | $150.00 |
| Low | $95.00 |
| Average | $150.88 |
| Current Price | $86.38 |
Do the analyst List Etsy stock as a buy or sell?
Is Apple a buy or sell?
Sellers reveal why they're leaving Etsy for Shopify, as the fight between e-commerce platforms heats up
Etsy And NetApp Lead The S&P 500
Online sellers have a lot of choices for running their business. For some Etsy sellers looking for more freedom, Shopify is becoming more attractive.
How much will e-commerce sales grow in 2024?
U.S. indices were trading lower Thursday as traders await signs of Fed tapering policy. Explosions outside of Kabul airport in Afghanistan has also caused macro uncertainty and pressured sentiment.
Who is the best stock picker in 2020?
Other estimates suggest that e-commerce sales could grow to $6.39 trillion by 2024 (a 10.5% annualized growth rate). Amazon (NASDAQ: AMZN) and Shopify (NYSE: SHOP) are the two most obvious choices. Amazon grew revenue by 38% in 2020, while its net income more than doubled.
What is retail industry?
As the founder, CEO, and lead portfolio manager for ARK Invest, Cathie Wood is one busy person. Wood has excelled in each of these roles, and was named the best stock picker in 2020 by Bloomberg News.
Slowing user growth is spooking investors
The retail industry provides a variety of finished goods, both durable and non-durable, to individual consumers and households. The industry also sells services. Products sold by retail companies include apparel, electronics, furniture, kitchenware, sporting goods, books, and toys.
What happened
Joe honed his investing skills as an analyst for Stock Advisor, Supernova, and Fool One. He battle-tested his investment philosophy and strategies as portfolio manager of Tier 1, a market-crushing Motley Fool real-money portfolio that delivered 24.58% annualized returns during its existence.
So what
Shares of Etsy ( NASDAQ:ETSY) fell 9.7% on Thursday, following the release of the online marketplace's second-quarter results.
Now what
A 13% rise in gross merchandise sales -- essentially the dollar value of items sold on Etsy's platform -- helped to drive a 23.4% year-over-year increase in revenue, to $528.9 million. That was above the $524.7 million in revenue Wall Street had expected.
Will the e-commerce platform suffer as brick-and-mortar retail makes a comeback?
Looking ahead, management expects Etsy to generate revenue of $500 million to $525 million in the third quarter, which would be a year-over-year increase of roughly 13.5% at the midpoint. That's below the $527.5 million analysts had projected, suggesting that its growth will continue to slow.
What happened
After spending more than a decade travelling the world exploring different cultures and languages, I'm happy to now be contributing to the Motley Fool's mission to make the world smarter, happier, and richer. What's great about exploring business and the economy is the insight it gives you into how things are in the world.
So what
Shares of e-commerce platform Etsy ( NASDAQ:ETSY) plummeted on Wednesday. Some see a connection with Texas' reopening. However, this explanation may fall flat, considering that many high-growth stocks like Etsy sold off today as well. Minutes before the market closed for the day, Etsy stock was down almost 13%.
Now what
On March 2, Texas Governor Greg Abbott removed the state's mask mandate and allowed businesses, including restaurants, to fully reopen starting on March 10. Mississippi followed Texas' lead, and it's possible more states could hop on board as well.