News headlines about eBay (NASDAQ:EBAY) have trended somewhat positive on Thursday, Accern Sentiment Analysis reports. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. eBay earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave media stories about the e-commerce company an impact score of 44.3806613322681 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
These are some of the media stories that may have effected Accern’s analysis:
- eBay uses augmented reality to help you pick packaging – Engadget (engadget.com)
- eBay: Rare £2 coin with this error selling for £2000 – are you sure YOU don’t have one? – Express.co.uk (express.co.uk)
- New eBay AR Feature Finds Seller the Right Size Box for a Shipment – Small Business Trends (smallbiztrends.com)
- Is Facebook Stock Getting Hammered on Analyst Comparison to eBay? – 24/7 Wall St. (247wallst.com)
- Tech Today: Facebook’s eBay Problem? Altair Slumps, More DRAM Please – Barron’s (barrons.com)
EBAY has been the subject of a number of research reports. ValuEngine upgraded shares of eBay from a “hold” rating to a “buy” rating in a research report on Friday, March 2nd. BMO Capital Markets upgraded shares of eBay from a “market perform” rating to an “outperform” rating and set a $40.00 target price for the company in a research report on Monday, December 4th. Raymond James Financial upgraded shares of eBay from a “market perform” rating to a “strong-buy” rating and set a $52.00 target price for the company in a research report on Friday, March 2nd. BidaskClub upgraded shares of eBay from a “sell” rating to a “hold” rating in a research report on Wednesday, December 6th. Finally, Aegis restated a “buy” rating and set a $45.00 target price on shares of eBay in a research report on Friday, December 22nd. Two investment analysts have rated the stock with a sell rating, seventeen have issued a hold rating, nineteen have assigned a buy rating and two have given a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $43.23.
eBay (NASDAQ:EBAY) last posted its quarterly earnings results on Wednesday, January 31st. The e-commerce company reported $0.59 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.59. The firm had revenue of $2.61 billion for the quarter, compared to analysts’ expectations of $2.61 billion. eBay had a negative net margin of 10.62% and a positive return on equity of 16.82%. The business’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same period in the prior year, the business posted $0.54 earnings per share. research analysts forecast that eBay will post 1.84 earnings per share for the current year.
eBay declared that its board has approved a share buyback program on Wednesday, January 31st that authorizes the company to repurchase $6.00 billion in outstanding shares. This repurchase authorization authorizes the e-commerce company to purchase shares of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s management believes its stock is undervalued.
In other eBay news, CFO Scott F. Schenkel sold 131,332 shares of the stock in a transaction dated Wednesday, February 28th. The shares were sold at an average price of $43.25, for a total transaction of $5,680,109.00. Following the transaction, the chief financial officer now directly owns 91,757 shares in the company, valued at approximately $3,968,490.25. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Jae Hyun Lee sold 25,613 shares of the stock in a transaction dated Wednesday, February 28th. The stock was sold at an average price of $43.21, for a total transaction of $1,106,737.73. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 393,202 shares of company stock worth $16,971,727. Company insiders own 6.78% of the company’s stock.
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eBay Company Profile
eBay Inc (eBay) 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.
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