49.20 0.00 (0.00%)
After hours: 6:01PM EDT
|Bid||49.20 x 1100|
|Ask||49.50 x 800|
|Day's Range||46.36 - 49.30|
|52 Week Range||15.27 - 53.25|
|PE Ratio (TTM)||70.89|
|Earnings Date||Nov 5, 2018 - Nov 9, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||50.20|
I am writing today to help inform people who are new to the stock market and want to learn about the link between company’s fundamentals and stock market performance. EtsyRead More...
To receive further updates on this Etsy, Inc. (NASDAQ:ETSY) trade as well as an alert when it’s time to take profits, sign up for a risk-free trial of Power Options Weekly today. Both the S&P 500 and the Dow Jones set new all-time highs yesterday, and the S&P 500 Volatility Index (VIX) closed below the 12 level at 11.80, which is a positive sign. While the Russell 2000 and the Nasdaq both made strong gains yesterday, they are still down slightly from their recent highs, so it looks like there may be a rotation from higher-risk tech and small-cap stocks to more defensive names currently underway.
Short interest is low for ETSY with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices.
Editor’s note: This column is part of our Best Stocks for 2018 contest. Charles Sizemore’s pick for the contest is Enterprise Products Partners (NYSE:EPD). As I write, my submission in InvestorPlace’s Best Stocks for 2018 contest — blue-chip natural gas and natural gas liquids pipeline operator Enterprise Products Partners (NYSE:EPD) — is up 13%, including dividends, as of today.
Amazon (NASDAQ:AMZN) wants you to know that they aren’t killing small retailers. Instead, they are enabling them and helping bolster Amazon stock at the same time. The ecommerce behemoth has long been credited with pioneering the Retail Apocalypse, wherein several small to medium sized retailers (and even a few big ones) succumbed to Amazon’s market share gains.
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.