eBay (EBAY) Receiving Somewhat Critical Media Coverage, Study Finds

News headlines about eBay (NASDAQ:EBAY) have trended somewhat negative recently, AlphaOne Sentiment Analysis reports. AlphaOne, a division of Accern, ranks the sentiment of media coverage by analyzing more than 20 million news and blog sources in real-time. AlphaOne 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 -0.01 on AlphaOne’s scale. AlphaOne also assigned news articles about the e-commerce company an impact score of 77 out of 100, indicating that recent media coverage is likely to have an impact on the stock’s share price in the near future.

These are some of the news articles that may have impacted AlphaOne’s scoring:

eBay (NASDAQ:EBAY) opened at 33.83 on Friday. eBay has a 12-month low of $22.30 and a 12-month high of $34.87. The company’s 50 day moving average is $33.65 and its 200 day moving average is $31.70. The company has a market cap of $36.62 billion, a price-to-earnings ratio of 4.87 and a beta of 1.31.

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

EBAY has been the subject of several recent research reports. Cantor Fitzgerald boosted their target price on shares of eBay to $31.00 in a research report on Thursday, January 26th. Benchmark Co. boosted their target price on shares of eBay to $39.00 in a research report on Thursday, January 26th. Goldman Sachs Group Inc upped their price objective on shares of eBay from $36.00 to $38.00 and gave the stock a “buy” rating in a research report on Thursday, January 26th. Citigroup Inc upped their price objective on shares of eBay from $34.00 to $36.00 and gave the stock a “buy” rating in a research report on Thursday, January 26th. Finally, Aegis upped their price objective on shares of eBay from $36.00 to $38.00 and gave the stock a “buy” rating in a research report on Thursday, January 26th. Two research analysts have rated the stock with a sell rating, twenty-one have issued a hold rating, seventeen have given a buy rating and one has given a strong buy rating to the company’s stock. eBay currently has a consensus rating of “Hold” and an average target price of $35.16.

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In other eBay news, VP Brian J. Doerger sold 2,903 shares of the business’s stock in a transaction that occurred on Friday, May 12th. The stock was sold at an average price of $34.11, for a total value of $99,021.33. Following the completion of the sale, the vice president now owns 30,701 shares in the company, valued at $1,047,211.11. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, VP Brian J. Doerger sold 12,904 shares of the business’s stock in a transaction that occurred on Thursday, May 4th. The shares were sold at an average price of $33.57, for a total value of $433,187.28. Following the completion of the sale, the vice president now owns 33,604 shares of the company’s stock, valued at approximately $1,128,086.28. The disclosure for this sale can be found here. In the last quarter, insiders sold 65,416 shares of company stock valued at $2,160,633. 7.40% of the stock is owned by company insiders.

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.

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