During the recent session, eBay Inc. (NASDAQ:EBAY)’s traded shares were 4.06 million, with the beta value of the company hitting 1.21. At the last check today, the stock’s price was $47.44, reflecting an intraday loss of -6.03% or -$3.04. The 52-week high for the EBAY share is $81.19, that puts it down -71.14 from that peak though still a striking 14.59% gain since the share price plummeted to a 52-week low of $40.52. The company’s market capitalization is $27.42B, and the average intraday trading volume over the past 10 days was 5.08 million shares, and the average trade volume was 7.14 million shares over the past three months.
eBay Inc. (NASDAQ:EBAY) trade information
eBay Inc. (EBAY) registered a -6.03% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -6.03% in intraday trading to $47.44 this Wednesday, 08/03/22, hitting a weekly high. The stock’s 5-day price performance is 6.99%, and it has moved by 14.91% in 30 days. Based on these gigs, the overall price performance for the year is -25.78%. The short interest in eBay Inc. (NASDAQ:EBAY) is 20.73 million shares and it means that shorts have 2.84 day(s) to cover.
eBay Inc. (EBAY) estimates and forecasts
Statistics show that eBay Inc. has outperformed its competitors in share price, compared to the industry in which it operates. eBay Inc. (EBAY) shares have gone down -16.53% during the last six months, with a year-to-date growth rate more than the industry average at -1.00% against -8.40. Yet analysts are ramping up their growth forecast for the fiscal year 2022. Revenue is predicted to shrink -10.10% this quarter and then jump 2.20% in the quarter after that. In the rating firms’ projections, revenue will decrease -7.00% compared to the previous financial year.
Revenue for the current quarter is expected to be $2.37 billion as predicted by 24 analyst(s). Meanwhile, a consensus of 24 analyst(s) estimates revenue growth to $2.31 billion by the end of Sep 2022. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled $3 billion and $2.5 billion respectively. In this case, analysts expect current quarter sales to shrink by -21.10% and then drop by -7.70% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -43.10%. While earnings are projected to return -89.00% in 2022, the next five years will return 8.53% per annum.
eBay Inc. is due to release its next quarterly earnings between April 26 and May 02. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for eBay Inc. is 0.88, with the dividend yield indicating at 1.74 percent, continuing the trend of increasing dividends in recent years.
eBay Inc. (NASDAQ:EBAY)’s Major holders
eBay Inc. insiders own 0.87% of total outstanding shares while institutional holders control 91.82%, with the float percentage being 92.63%. Blackrock Inc. is the largest shareholder of the company, while 1,423 institutions own stock in it. As of Mar 30, 2022, the company held over 46.54 million shares (or 8.31% of all shares), a total value of $2.66 billion in shares.
The next largest institutional holding, with 46.16 million shares, is of Vanguard Group, Inc. (The)’s that is approximately 8.25% of outstanding shares. At the market price on Mar 30, 2022, these shares were valued at $2.64 billion.
Also, the Mutual Funds coming in first place with the largest holdings of eBay Inc. (EBAY) shares are Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund. Data provided on Mar 30, 2022 indicates that Vanguard Total Stock Market Index Fund owns about 16.09 million shares. This amounts to just over 2.87 percent of the company’s overall shares, with a $921.27 million market value. The same data shows that the other fund manager holds slightly less at 13.7 million, or about 2.45% of the stock, which is worth about $784.57 million.