|Bid||53.51 x 1200|
|Ask||55.30 x 1300|
|Day's Range||53.90 - 56.32|
|52 Week Range||16.72 - 58.30|
|Beta (3Y Monthly)||0.17|
|PE Ratio (TTM)||84.64|
|Earnings Date||Feb 25, 2019 - Mar 1, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||55.08|
I've been keeping an eye on Etsy, Inc. (NASDAQ:ETSY) because I'm attracted to its fundamentals. Looking at the company as a whole, as a potential stock investment, I believe ETSY Read More...
In the trailing 11 quarters, Etsy (ETSY) has beaten EPS estimates six times, either missing or matching estimates in the remaining quarters. In the first quarter of 2018, Etsy recorded adjusted EPS of $0.10, beating analysts’ estimate of $0.06. In the second quarter, the company’s adjusted EPS were $0.03, below analysts’ estimate of $0.04 and reflective of a 70% fall YoY (year-over-year).
In the last 11 quarters, Etsy (ETSY) has topped revenue estimates ten times and missed estimates just once. On the other hand, in the third quarter, revenue grew 41.3% on a YoY (year-over-year) basis. Its top line grew ~25.0% and 30.2% YoY in the first and second quarters, respectively.
About 58.0% of the 12 analysts covering Etsy (ETSY) stock have given it “buy” ratings as of December 12. The remaining analysts have given it “hold” ratings. Analysts are bullish on Etsy because its strategic efforts are pushing it in the right direction, as is evidenced by its strong financial performance and stock price movement. There have been no price changes on Etsy stock in the last 15 days.
Online retailer Etsy (ETSY) has risen an astonishing 180.8% to $57.43 on a year-to-date basis as of December 12. The company’s strong financial performance in the first three quarters and its formidable position in the online handcrafts market are driving its stock. In each of the trailing three quarters, Etsy has topped the estimates for sales, and it’s missed estimates for adjusted EPS just once.
Here we take a look at four technology stocks that more than doubled in 2018 driven by growing proliferation of cloud, artificial intelligence, machine learning and internet of things.
Since the start of last year, the market value of Etsy Inc. has nearly quadrupled. In that same time period, three former colleagues at Square Inc. started an online wholesale market for handmade goods and have already amassed more than $100 million in investments. Faire pitches its service as a way for mom-and-pops to keep up with Amazon.com Inc.
The recent sell-off in tech stocks has led to divergent views on Shopify (NYSE:SHOP). Others look to the enormous growth of Shopify stock as filling the niche that Amazon (NASDAQ:AMZN) cannot supplant. Some look at the forward price-to-earnings (PE) ratio that hovers above 220 and conclude that it has nowhere to go but down.
Alphabet's (GOOGL) Google CEO faces allegations regarding political biasness in the company's search results as well as data privacy issues.
As a result, operating income in the first quarter of 2018 fell to -$54.4 million, versus -$2.3 million in the first quarter of 2017. In the second quarter of 2018, operating income came in at -$66.5 million, versus -$9.7 million in the second quarter of 2017.
In particular, there are three e-commerce companies rivaling Amazon's growth rate in the 2000s: New Age Beverages Corporation (NBEV), Etsy (ETSY), and Conversion Labs (CVLB). Conversion Labs (CVLB) remains under the radar despite substantial growth from $0 to ~$10 Million in revenue from just one of its brands since launching in 2017, far greater than the $2 Million in revenue New Age Beverages Corp achieved in 2016 after launching in 2015. New Age Beverages Corporation (NBEV) (Market Cap: $333.588 M) (Share Price: $4.58) saw a huge jump of 15.6% in its share price last week, after announcing the acquisition of Morinda Holdings for $75 million in cash and $10 in NBEV stock.
Apple (AAPL) is deepening its relationship with Amazon through a music streaming alliance, its app store monopoly case has reached the Supreme Court and analysts are weighing in on iPhone demand.
Etsy ETSY and Wayfair W have each logged double-digit gains since the beginning of November. Boris Schlossberg , managing director of FX strategy at BK Asset Management, says there are two factors that are giving rise to these second-generation tech names. Number two, I think Christmas online shopping has really gone mainstream," Schlossberg told CNBC's " Trading Nation " on Friday.
Shopify (SHOP) recently acquired Swedish e-commerce company Tictail. Financial terms of the deal have not been disclosed. Shopify is acquiring strategic businesses at a time when it is getting into more heated competition with Amazon (AMZN) for not just online shoppers but also sellers.