In the latest trading session,, 2.7 million Etsy Inc (NASDAQ:ETSY) shares changed hands as the company’s beta touched 1.77. With the company’s most recent per share price at $43.37 changed hands at -$2.76 or -5.98% at last look, the market valuation stands at $4.57B. ETSY’s current price is a discount, trading about -65.37% off its 52-week high of $71.72. The share price had its 52-week low at $40.05, which suggests the last value was 7.66% up since then. When we look at Etsy Inc’s average trading volume, we note the 10-day average is 4.24 million shares, with the 3-month average coming to 4.33 million.
Analysts gave the Etsy Inc (ETSY) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.76. If we narrow down to specifics, the data shows that 2 out of 20 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 7 recommended ETSY as a Hold, 11 felt it is a Buy and 0 rated the stock as Underweight. Etsy Inc’s EPS for the current quarter is expected to be 0.47.
Etsy Inc (NASDAQ:ETSY) trade information
Instantly ETSY was in red as seen in intraday trades today. With action -5.29%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -18.00%, with the 5-day performance at -5.29% in the red. However, in the 30-day time frame, Etsy Inc (NASDAQ:ETSY) is -8.08% down. Looking at the short shares, we see there were 17.38 million shares sold at short interest cover period of 3.85 days.
The consensus price target for the stock as assigned by Wall Street analysts is 50.5, meaning bulls need an upside of 14.12% from its recent market value. According to analyst projections, ETSY’s forecast low is 40 with 65 as the target high. To hit the forecast high, the stock’s price needs a -49.87% plunge from its current level, while the stock would need to tank 7.77% for it to hit the projected low.
Etsy Inc (ETSY) estimates and forecasts
Year-over-year growth is forecast to reach -0.95% down from the last financial year.
Consensus estimates given by 26 financial analysts project the company’s revenue in the current quarter to hit an average of 641.68M. 26 analysts are of the opinion that Etsy Inc’s revenue for the current quarter will be 641.3M. The company’s revenue for the corresponding quarters a year ago was 645.95M and 647.81M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -0.66%. The estimates for the next quarter sales put growth at -1.00%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 25.24%. The 2025 estimates are for Etsy Inc earnings to increase by 5.32%, but the outlook for the next 5-year period is at 11.65% per year.
ETSY Dividends
Etsy Inc is expected to release its next quarterly earnings report on 2025-Feb-18.
Etsy Inc (NASDAQ:ETSY)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 1.12% of Etsy Inc shares while 119.69% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 121.04%. There are 119.69% institutions holding the Etsy Inc stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 11.546% of the shares, roughly 13.44 million ETSY shares worth $792.88 million.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 8.7081% or 10.14 million shares worth $598.0 million as of 2024-06-30.
Among Mutual Funds, the top two as of Mar 31, 2025 were iShares Trust-iShares Core S&P Small-Cap ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund . With 6.96 shares estimated at $299.53 million under it, the former controlled 6.61% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund held about 3.18% of the shares, roughly 3.35 shares worth around $144.22 million.
