eBay (EBAY) Scheduled to Post Earnings on Wednesday

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eBay (NASDAQ:EBAY) is set to release its earnings data after the market closes on Wednesday, August 11th. Analysts expect eBay to post earnings of $0.78 per share for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

NASDAQ:EBAY opened at $68.01 on Wednesday. The company has a debt-to-equity ratio of 1.55, a current ratio of 1.30 and a quick ratio of 1.30. The business’s fifty day moving average is $67.44. The firm has a market capitalization of $46.33 billion, a PE ratio of 16.51, a PEG ratio of 1.66 and a beta of 1.09. eBay has a fifty-two week low of $45.36 and a fifty-two week high of $74.13.

A number of equities research analysts have recently commented on the stock. Credit Suisse Group increased their target price on shares of eBay from $76.00 to $78.00 and gave the company an “outperform” rating in a research report on Monday, April 26th. Susquehanna Bancshares lowered shares of eBay from a “positive” rating to a “neutral” rating and lowered their target price for the stock from $75.00 to $66.00 in a research note on Thursday, April 29th. BMO Capital Markets lowered their price objective on shares of eBay from $67.00 to $63.00 and set a “market perform” rating for the company in a research note on Monday, May 3rd. Evercore ISI reissued an “in-line” rating and issued a $65.00 price objective on shares of eBay in a research note on Tuesday, April 6th. Finally, Piper Sandler raised their price objective on shares of eBay from $71.00 to $81.00 and gave the company an “overweight” rating in a research note on Thursday, July 1st. Eleven equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $71.05.

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In other eBay news, SVP Pete Thompson sold 856 shares of the firm’s stock in a transaction that occurred on Thursday, June 17th. The shares were sold at an average price of $65.67, for a total transaction of $56,213.52. Following the sale, the senior vice president now owns 45,805 shar

Continued here:

eBay (EBAY) Scheduled to Post Earnings on Wednesday

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