eBay (EBAY) Getting Somewhat Critical News Coverage, Analysis Shows

Media headlines about eBay (NASDAQ:EBAY) have trended somewhat negative on Thursday, according to AlphaOne. The research group, a subsidiary of Accern, identifies negative and positive news coverage by analyzing more than twenty million blog and news sources. AlphaOne ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. eBay earned a news sentiment score of -0.01 on AlphaOne’s scale. AlphaOne also gave headlines about the e-commerce company an impact score of 77 out of 100, meaning that recent news coverage is likely to have an effect on the company’s share price in the next few days.

These are some of the news headlines that may have impacted Alpha One Sentiment Analysis’s scoring:

Shares of eBay (NASDAQ:EBAY) traded down 3.91% during midday trading on Thursday, hitting $32.53. The stock had a trading volume of 28,093,762 shares. eBay has a 12 month low of $22.30 and a 12 month high of $34.74. The stock’s 50-day moving average is $33.61 and its 200-day moving average is $31.29. The stock has a market cap of $35.36 billion, a PE ratio of 5.12 and a beta of 1.31.

eBay (NASDAQ:EBAY) last issued its quarterly earnings results on Wednesday, April 19th. The e-commerce company reported $0.49 EPS for the quarter, topping analysts’ consensus estimates of $0.48 by $0.01. The business earned $2.22 billion during the quarter, compared to analysts’ expectations of $2.21 billion. eBay had a return on equity of 24.13% and a net margin of 80.92%. The business’s quarterly revenue was up 3.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.47 earnings per share. Equities analysts anticipate that eBay will post $2.01 EPS for the current year.

Several research analysts have recently issued reports on the company. Argus upped their price objective on eBay from $36.00 to $39.00 and gave the company a “buy” rating in a research note on Wednesday, April 12th. SunTrust Banks, Inc. reaffirmed a “hold” rating and issued a $35.00 price objective on shares of eBay in a research note on Tuesday, April 11th. Credit Suisse Group AG set a $34.00 price objective on eBay and gave the company a “neutral” rating in a research note on Thursday. Hilliard Lyons downgraded eBay to a “buy” rating in a research note on Thursday. Finally, BMO Capital Markets reaffirmed a “hold” rating and issued a $36.00 price objective on shares of eBay in a research note on Monday. Two research analysts have rated the stock with a sell rating, twenty have given a hold rating, seventeen have issued a buy rating and one has issued a strong buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $34.90.

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In other eBay news, VP Brian J. Doerger sold 6,660 shares of the company’s stock in a transaction dated Thursday, February 9th. The stock was sold at an average price of $33.25, for a total value of $221,445.00. Following the completion of the sale, the vice president now owns 29,006 shares in the company, valued at $964,449.50. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, SVP Stephen Fisher sold 16,601 shares of the company’s stock in a transaction dated Wednesday, February 22nd. The stock was sold at an average price of $33.77, for a total value of $560,615.77. Following the completion of the sale, the senior vice president now owns 97,023 shares of the company’s stock, valued at approximately $3,276,466.71. The disclosure for this sale can be found here. In the last 90 days, insiders sold 313,020 shares of company stock valued at $10,153,302. Company insiders own 7.40% of the company’s stock.

About eBay

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.

5 Day Chart for NASDAQ:EBAY

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