why etsy stock is up

by Otis Ullrich Published 3 years ago Updated 2 years ago

Will Etsy stock grow/rise/go up?

Nov 04, 2021 · Why Etsy Shares Are Rising. Etsy Inc (NASDAQ: ETSY) shares are trading higher after the company reported third-quarter earnings. Etsy reported quarterly earnings of 62 cents per share which beat ...

Is Etsy Inc (Etsy) a good stock to buy?

Feb 25, 2022 · As of 2:25 p.m. ET today, Etsy's stock price was up more than 15%. So what. Gross merchandise sales (GMS) -- essentially, the total dollar value of transactions on its platform -- grew 16.5% year ...

Why did Etsy stock sink 18% Thursday?

May 05, 2022 · Shares of Etsy ( ETSY -5.76%) 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. ET, Etsy's stock price was ...

Should you invest $10K in Etsy stock?

Mar 11, 2022 · And given that Deutsche sees Etsy stock as already "trading at a premium to e-commerce peers" when valued by enterprise value over gross profit, the risk that Etsy's sales won't measure up to ...

Why are Etsy stocks going up?

The number of active sellers on Etsy's marketplaces soared 72.3% to 7.5 million. Meanwhile, the number of active buyers increased 17.6% to 96.3 million. Better still, customers are spending more on Etsy's marketplaces. GMS per active buyer on a trailing-12-month basis climbed 16% to $136.Feb 25, 2022

Is Etsy stock expected to go up?

Stock Price Forecast

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 +73.63% increase from the last price of 86.39.

Why is Etsy growing so fast?

An Early Beneficiary Of The Pandemic

Stuck-at-home shoppers turned to Etsy and other online retailers for both essential and non-essential items. As the virus caused dramatic changes to daily living, Etsy sellers moved quickly to help consumers deal with the rapidly evolving needs.Jan 14, 2022

Why is Etsy a good stock?

Etsy has an enormous addressable market, one that some analysts peg as high as $2 trillion. Moreover, Etsy's gross merchandise sales -- essentially, the total dollar value of sales generated by merchants on its marketplaces -- jumped 31% in 2021, while its revenue soared 35%.Feb 26, 2022

Is ETSY a buy for 2021?

The marketplace's meteoric growth over the past two years has experienced a dip in the past few months in terms of stock value, but industry-watchers say its parent company, Etsy Inc. (Nasdaq: ETSY), is still a buy. End-of-year and Q4 2021 results, released on Thursday, portray a second year of substantial growth.Feb 25, 2022

Is ETSY a Buy Sell or Hold?

Etsy has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 12 buy ratings, 6 hold ratings, and no sell ratings.

How much revenue does Etsy make?

In 2021, Etsy, an e-commerce website company specialized in craft and vintage items, generated revenues worth 2.3 billion U.S. dollars, up by roughly 35 percent from the previous year.Apr 25, 2022

How much does Etsy take per sale?

A listing lasts for four months or until the item is sold. Once an item sells, there is a 6.5% transaction fee on the sale price (including the shipping price you set). If you accept payments through Etsy Payments, we also collect a 3% + $0.25 payment processing fee when an item is sold.

How much has Etsy grown?

Etsy marketplace's GMS per active buyer on a trailing twelve month basis was $136, growing 16% year-over-year.Feb 24, 2022

Is Etsy stock good long term investment?

The Fool's analysts view ETSY stock as a solid option for long-term investing. Wallet Investor jumps on the bandwagon for Etsy Inc stock by predicting it will be an “outstanding” option for long term investments of a year or more.

Who owns Etsy stock?

Top 10 Owners of ETSY Inc

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

6 more rows

Is Etsy Stock A Buy Right Now? Here's What Earnings, Charts Show

3 No-Brainer Stocks to Buy and Hold for the Next Decade

Etsy has been a beneficiary of the pandemic-fueled surge in online shopping, but the stock cratered after reporting second-quarter earnings that beat estimates.

Amazon Stock Leads 5 E-Commerce Plays Near Buy Points

With that in mind, a panel of Motley Fool contributors has identified three no-brainer stocks that can help you crush the market. Keith Noonan: Amazon (NASDAQ: AMZN) stock wasn't exactly a secret 10 years ago; the company had already established itself as the market leader in the fast-growing e-commerce industry.

3 Top E-Commerce Stocks to Buy Right Now

Amazon is among e-commerce stocks showing recent strength and near buy points, after a reset of lofty expectations.

E-Commerce Plays Major Role In Pandemic, So Who Do Consumers Trust?

Online retail had a surprisingly difficult month in August as consumers got out of the house and went shopping in local stores instead.

Etsy (ETSY) Stock Sinks As Market Gains: What You Should Know

E-commerce is huge now due to the pandemic, and companies in this thriving sector are among the most trusted names in tech.

Sellers reveal why they're leaving Etsy for Shopify, as the fight between e-commerce platforms heats up

Etsy (ETSY) closed the most recent trading day at $213.49, moving -1.52% from the previous trading session.

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.

The company is selling way more than just face masks

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.

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 company Etsy ( NASDAQ:ETSY) were 24.8% higher in May, according to data provided by S&P Global Market Intelligence. And it's simple to explain the stock's return. The company started the month by reporting earnings.

Now what

Etsy's results for the first quarter of 2020 were strong. Quarterly revenue grew 32% year over year to $1.4 billion. And it had user growth for both buyers (up 16%) and sellers (up 26%). But in April, Etsy's business really took off.

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