|Bid||49.0500 x 1200|
|Ask||49.0800 x 1000|
|Day's Range||49.0300 - 52.1225|
|52 Week Range||15.2700 - 53.2500|
|PE Ratio (TTM)||71.04|
|Earnings Date||Nov 5, 2018 - Nov 9, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||50.20|
Why are the analysts bullish? About 56.0% of the nine analysts covering Etsy (ETSY) stock recommended a “buy” as of September 13. Another 33% of analysts recommended “hold” on the stock, and the remaining 11% analysts rated it as a “sell.” Analysts are bullish for Etsy, as the company’s strategic efforts are heading in a positive direction. There have been two price changes for the stock in the last 30 days.
Etsy’s (ETSY) margin has been improving due to the acceleration of the company’s revenue growth and extensive cost-cutting. For 2018, Etsy expects to spend $10 million–$15 million in expenses for cloud migration in 2018. It expects to test offline marketing to improve its customer support system.
In the trailing five quarters, Etsy (ETSY) has beaten the consensus estimates in four quarters. The investments made to broaden product offerings, improve the digital platform, and provide new tools to buyers and sellers have all added to its revenue growth. For the first and second quarters, Etsy has reported revenue growth of 30.2% and 24.8%, respectively, on a YoY (year-over-year) basis.
An online retailer of handcrafted goods, Etsy’s (ETSY) stock price has risen 147.2% this year to $50.55 on September 13. Etsy has held its ground despite Amazon’s entry into the crafts space. Among Etsy’s peers, Shopify (SHOP) is up 54.0% to $155.50 YTD (year-to-date) as of September 13, while Wayfair (W) is up 84.4% to $148.08.
A new round of tariffs sucked the wind out of the markets on Friday, but not enough to snowball any sort of large declines into the weekend. U.S. equities traded around flat on Friday, surprising given the decent rally we’ve had this week. Let’s look at our top stock trades.Top Stock Trades for Monday #1: General Electric
Ryan McQueeney highlights the latest bullish analyst note about AMD. He also recaps news related to Netflix, Etsy, and Tailored Brands. Later, he reviews Apple's iPhone reveal event and checks in on the stock's earnings fundamentals.
Etsy Inc. said Thursday that its chief operating officer has resigned from the company. COO Linda Findley Kozlowski is stepping down to "pursue other opportunities," though she will stay with the company through the end of the year, the company said in a release. Etsy said that it "does not currently intend to refill the COO role following Linda's departure." Shares are down 1.1% in premarket trading, though they're up 176% over the past 12 months. The S&P 500 has gained 16% in that time.
Etsy Inc. said Thursday that Chief Operating Officer Linda Findley Kozlowski will leave the company at the end of the year, to pursue other opportunities. Shares of the online marketplace for handmade products edged up 0.2% in premarket trade. The company said it does not plan to refill the COO role after Kozlowski leaves. "We have a strong bench of talent, and I plan to devote more time to working directly with our product teams so that we can execute on our roadmap and drive growth," said Chief Executive Josh Silverman. The stock has more than doubled (up 140%) year to date through Wednesday, while the S&P 500 has gained 8.1%.
BROOKLYN, N.Y., Sept. 13, 2018 /PRNewswire/ -- Etsy, Inc. (ETSY), the global marketplace for unique and creative goods, today announced that its Chief Operating Officer, Linda Findley Kozlowski, has decided to leave the company to pursue other opportunities. Over the next four months, Linda will work with Etsy's leadership team to ensure a seamless transition and help the company continue to execute on its 2018 goals and key initiatives. Etsy CEO Josh Silverman commented, "Linda's contributions will leave a lasting mark on Etsy and its community.
The move could potentially help eBay. Verifying the authenticity of luxury watches that appear on the site could help eBay avoid those risks and give customers some peace of mind while shopping on eBay.
CNBC's Jim Cramer flags ways for investors to play the rise of small business optimism. According to the NFIB, small business optimism hit an all-time high in August. The "Mad Money" host recommends stocks like HD Supply, Etsy and Square.
Daniel Roarty of the AB Sustainable Global Thematic fund favors companies with strong competitive advantages in the midst of major structural trends.
Amazon (AMZN) has ordered 20,000 delivery vans for a new package delivery program that will rely on a close-knit group of contractors for last-mile deliveries. While the vans will bear Amazon’s brand, the company will not directly own them. Instead, it has partnered with fleet operators to own the vans and then lease them to delivery contractors working for Amazon.
Apple and chip equipment stocks helped pace another significant drop for the Nasdaq. Fiber-optic, biotech and gaming shares also tanked.
Facebook’s (NASDAQ:FB) Instagram is reportedly set to roll out a shopping app. Per The Verge, the app, which will most likely be named IG Shopping, is in the test phase.
Top growth stocks cooled off, crude oil fell more than 1%, and the Nasdaq looked set to give back a decent chunk of last month's oversized gain.
You would think e-commerce and cloud computing giant Amazon.com (AMZN), after 20 years of unfettered growth, would have run out of room to pump up its top line. But the company continues to choose new opportunities. Amazon is willing to try its hand at almost any sort of business, does well at the bulk of them - and threatens to destroy dozens of other companies with its success. The latest foray into unfamiliar territory? The June acquisition of PillPack turns Amazon into a mail-order pharmacy, with a twist. PillPack packs all pills it dispenses into individual bags, each with a unique time and date to be consumed by the customer. That's not Amazon's first venture outside its space. Amazon's also a grocer, a fashion venue, a peddler of handmade crafts and even a video game developer, just to name a few. As a result, Amazon has become at best a headache, at worst a survival threat, for any rival organization in its past. Indeed, in November, we tallied up 32 companies that looked like potential victims of Amazon's never-ending expansion. Today, we're looking at 49 companies Amazon could kill - a few updates of the original list, but also an alarming number of new outfits that have fallen into Amazon's crosshairs - as well as one confirmed kill. SEE ALSO: Millionaires in America: All 50 States Ranked
BROOKLYN, N.Y. , Aug. 31, 2018 /PRNewswire/ -- Etsy, Inc. (Nasdaq: ETSY), the global marketplace for unique and creative goods, today announced that Rachel Glaser , CFO will participate in investor meetings ...