eBay ( EBAY -7.4%) shares are falling after the online marketplace reported that annual active buyers are down 5% and guided revenue below estimates. Management attributed the decrease in buyers to fewer lower volume buyers as the company focuses on buyers that are willing to spend more.
Why is eBay so slow right now?
What to Do When Sales are Slow
- Check for Mistakes. Yes, it happens… we make mistakes. ...
- Organize & Clean Up. After frantically digging through items because you can’t find the item you just sold (we’re not the only ones who have done this, right?!?), things tend ...
- Inventory. ...
- Connect with other Sellers. ...
- Get Some Motivation in Your Inbox. ...
- Reinvest… aka Go Pickin’! ...
- Reflect. ...
- Take a Break. ...
When does eBay report earnings?
How to download sales tax reports
- Go to the Orders tab in Seller Hub.
- Select Paid and Shipped, located on the left-hand side.
- Select Download report (you may see a message stating “we’re working on an improved solution for downloading orders”. Select Ok ).
- Choose the listing and records type (Sold or Paid and shipped, etc.)
- Select Save.
Why is the market falling right now?
“The best defense right now is acknowledging there’s a range ... afraid to go to work because of health issues, the labor market isn’t exactly where it was before. That disconnect may be why the Fed doesn’t end up acting as aggressively as many ...
Why is the stock market is crashing?
The panic selling could be triggered by the extreme overvaluation of stocks, changes in federal regulations, overinflated economy, natural disasters, sociopolitical events like war or a terrorist attack, and extensive use of margin and leverage by market players.
Is it worth buying eBay stock?
eBay stock isn't overvalued. But it is not severely undervalued as well. EBAY is currently valued by the market at a consensus forward next twelve months' normalized P/E of 11.9 times as per S&P Capital IQ. This is lower than the stock's five-year mean consensus forward P/E multiple of around 14.9 times.
Is eBay stock expected to rise?
Stock Price Forecast The 26 analysts offering 12-month price forecasts for eBay Inc have a median target of 53.00, with a high estimate of 67.10 and a low estimate of 36.00. The median estimate represents a +21.56% increase from the last price of 43.60.
Why did Etsy stock drop?
Etsy Inc. shares dropped in extended trading Wednesday after the company rode higher seller fees to stronger first-quarter earnings and revenue than Wall Street had expected, but executives guided for a downturn in the current quarter.
What was eBay's IPO price?
$18 per shareAmid the most sluggish initial public offering market in nearly a decade, Internet auction company eBay went public Thursday at $18 per share. When trading officially began, eBay shares zoomed to 53-1/2 before retreating to close at 47-3/8, up 29-3/8 or 163 percent.
Is Etsy a buy for 2021?
After suffering a brief hit at the start of the pandemic, Etsy stock went on an impressive bull run, peaking at nearly $300 per share in November 2021. COVID-19 brought a new wave of buyers to the e-commerce platform, leading Etsy to seven consecutive quarters where it beat Wall Street's earnings estimates.
Is Etsy in financial trouble?
Based on the latest financial disclosure, Etsy Inc has a Probability Of Bankruptcy of 7.0%. This is 83.09% lower than that of the Consumer Cyclical sector and significantly higher than that of the Internet Retail industry.
Is Etsy a buy or sell?
Etsy is a Buy after recent earnings, as its valuations are appealing in view of the company's future revenue growth and EBITDA margin expectations.
How is eBay doing financially?
eBay Inc. Operating margin – GAAP operating margin decreased to 27.9% for the first quarter of 2022, compared to 31.9% for the same period last year. Non-GAAP operating margin decreased to 32.4% in the first quarter of 2022, compared to 37.3% for the same period last year.
How many times has eBay stock split?
Over the years, eBay's stock had 2-for-1 splits in 2003 and 2005, which quickly increased your holdings to 1,200 eBay shares. The stock then went quiet with no splits or dividends for the next decade.
What is eBay's highest stock price?
The all-time high EBay stock closing price was 80.59 on October 22, 2021. The EBay 52-week high stock price is 81.19, which is 89.3% above the current share price.
Should I buy or sell eBay stock right now?
25 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for eBay in the last twelve months. There are currently 1 s...
What is eBay's stock price forecast for 2022?
25 Wall Street analysts have issued 1-year target prices for eBay's stock. Their forecasts range from $42.00 to $90.00. On average, they predict eB...
How has eBay's stock price performed in 2022?
eBay's stock was trading at $66.50 at the beginning of 2022. Since then, EBAY shares have decreased by 33.4% and is now trading at $44.28. View th...
When is eBay's next earnings date?
eBay is scheduled to release its next quarterly earnings announcement on Wednesday, August 10th 2022. View our earnings forecast for eBay .
How were eBay's earnings last quarter?
eBay Inc. (NASDAQ:EBAY) posted its quarterly earnings data on Wednesday, May, 4th. The e-commerce company reported $0.89 earnings per share (EPS) f...
How often does eBay pay dividends? What is the dividend yield for eBay?
eBay declared a quarterly dividend on Wednesday, May 4th. Stockholders of record on Wednesday, June 1st will be paid a dividend of $0.22 per share...
Is eBay a good dividend stock?
eBay(NASDAQ:EBAY) pays an annual dividend of $0.88 per share and currently has a dividend yield of 1.88%. eBay has been increasing its dividend for...
How will eBay's stock buyback program work?
eBay announced that its board has approved a share buyback plan on Wednesday, August 11th 2021, which allows the company to buyback $3,000,000,000....
What guidance has eBay issued on next quarter's earnings?
eBay updated its second quarter 2022 earnings guidance on Monday, May, 9th. The company provided EPS guidance of $0.87-$0.91 for the period, compar...
What happened
Shares of eBay ( EBAY -0.64% ) were down 9.6% as of 3:15 p.m. EDT after the e-commerce leader announced reasonably solid third-quarter results but followed with a disappointing forward outlook.
So what
Regarding the former, eBay's quarterly revenue was roughly flat on a year-over-year basis, at $2.649 billion, but would have increased 2% had it not been for the negative impact of foreign-currency exchange.
NASDAQ: EBAY
The company's number of active buyers grew 4%, to 183 million this quarter. But revenue from its core Marketplace segment also grew a modest 1% at constant currencies, to $2.1 billion, and gross merchandise volume fell 2% at constant currencies, to $20.5 billion.
Now what
For the current fourth quarter of 2019, eBay sees revenue of between $2.77 billion and $2.82 billion, good for a change in organic currency-neutral growth of negative 1% to positive 1%, with adjusted net income per share of $0.73 to $0.76. Most analysts were modeling earnings near the top end of that range on revenue of $2.85 billion.
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How much stock can I repurchase on eBay in 2021?
eBay announced that its board has approved a stock repurchase plan on Wednesday, February 3rd 2021, which allows the company to repurchase $4,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to purchase up to 10% of its stock through open market purchases. Stock repurchase plans are often an ...
How much is eBay stock worth in 2020?
eBay's stock was trading at $34.83 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, EBAY stock has increased by 110.3% and is now trading at $73.26. View which stocks have been most impacted by COVID-19.
How many hold ratings are there for eBay?
There are currently 13 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" eBay stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in EBAY, but not buy additional shares or sell existing shares.
When did eBay release its earnings?
eBay Inc. (NASDAQ:EBAY) released its quarterly earnings results on Wednesday, April, 28th. The e-commerce company reported $1.09 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.07 by $0.02.
Is Marketbeat better than eBay?
What stocks does MarketBeat like better than eBay? Wall Street analysts have given eBay a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains.
Can this mature business continue growing as we get closer to a postpandemic world?
I've been a contributor with the Motley Fool since 2019 and it's been a supreme joy to try to help make the world a little smarter, happier, and richer every day. What's great about exploring business and the economy is the insight it gives you into how things are in the world.
What happened
Shares of eBay ( NASDAQ:EBAY) got crushed on Thursday after the company reported financial results for the first quarter of 2021. Q1 results were actually quite strong, but Wall Street didn't like the company's forward guidance. As a result, the stock was down 11% as of 10:15 a.m. EDT.
So what
For Q1, eBay's revenue grew to more than $3 billion, which was up 42% from the comparable quarter last year. And net income was even better, sporting a year-over-year increase of 45%. During the quarter, the company also generated $855 million in free cash flow (FCF), which was available for buying back shares and paying its quarterly dividend.
Now what
Modest user growth explains why eBay's outlook is tepid. As we move farther away from the coronavirus lockdowns, its business seems to be normalizing. Management is guiding for second-quarter revenue of $2.98 billion to $3.03 billion, which is 12% to 14% year-over-year growth. However, that's flat from Q1.
The e-commerce giant's outlook isn't as robust as its past performance
Rich has been a Fool since 1998 and writing for the site since 2004. After 20 years of patrolling the mean streets of suburbia, he hung up his badge and gun to take up a pen full time.
What happened
Shares of eBay ( NASDAQ:EBAY) were down over 7% heading into midday trading Thursday after the online e-commerce platform reported third-quarter earnings after the market closed yesterday.
So what
eBay beat analyst expectations on the top and bottom line, with revenue of $2.61 billion, up 25% from last year and well ahead of the $2.48 billion Wall Street was anticipating.
Now what
Although such earnings beats tend to cause stock prices to jump, eBay's guidance for the fourth quarter had analysts wondering whether the boost the e-commerce site got from consumers visiting during the coronavirus pandemic would fade.
What happened
eBay ( EBAY -2.36% ) shareholders pretty much matched the market last month. The stock declined 13% compared to a 12.5% dip in the S&P 500, according to data provided by S&P Global Market Intelligence.
So what
As one of the biggest internet retailers, eBay's business is sensitive to the economic growth slump that has struck most of the world since mid-March due to COVID-19 containment measures. However, investors were just as interested in challenges to the company's business model and executive team.
NASDAQ: EBAY
An activist investor ramped up pressure on the marketplace last month by nominating four candidates for election to the board of directors. eBay has called the move a disappointing distraction at a time when management is focused on guiding the company through the coronavirus pandemic.
Now what
The tech company hasn't scheduled its annual meeting yet, which will be the venue for new elections to the board of directors. That event typically occurs in late May.
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Troubled Legacy Business
While eBay has 182 million active buyers globally, gross merchandise volume, the value of all goods sold on its sites, has been declining. It fell by 4.4% year-over-year (YOY) to $22.6 billion in 2Q 2019, Bloomberg notes.
Plan to Unlock Value
In January, Elliott Management Corp. sent eBay executives a five-step plan to achieve a stock price between $55 to $63 by the end of 2020, representing a gain of 39% to 59% from the close on Sept. 24, 2019.
Avenues For Growth
Advertising by sellers on eBay, was up by 130% YOY to $89 million in 2Q 2019, per Bloomberg. "Sellers are increasingly choosing to invest in promoted listings," as Devin Wenig, president and CEO of eBay, noted on the company's 2Q 2019 earnings call, as quoted by The Wall Street Journal.
Earnings Outlook
The 3Q 2019 earnings report from eBay is expected to be released between Oct. 28 and Nov. 1, per Yahoo Finance. The consensus estimate calls for EPS of 64 cents, up from 56 cents in the same period of 2018, an increase of 14.3%. In 2Q 2019, EPS of 68 cents beat the estimate of 62 cents by 9.7%.
