EBAY - eBay Inc.
45.22 +0.02 (0.04%)
After hours: 7:05PM EDT
Chart Events
MACD
Performance Outlook
- Short Term2W - 6W
- Mid Term6W - 9M
- Long Term9M+
| Previous Close | 45.54 |
| Open | 45.40 |
| Bid | 45.10 x 1000 |
| Ask | 45.22 x 800 |
| Day's Range | 45.01 - 45.97 |
| 52 Week Range | 26.02 - 45.97 |
| Volume | 8,930,301 |
| Avg. Volume | 13,969,306 |
| Market Cap | 31.761B |
| Beta (5Y Monthly) | 1.28 |
| PE Ratio (TTM) | 7.90 |
| EPS (TTM) | 5.72 |
| Earnings Date | Jul 15, 2020 - Jul 20, 2020 |
| Forward Dividend & Yield | 0.64 (1.45%) |
| Ex-Dividend Date | May 29, 2020 |
| 1y Target Est | 40.69 |
Fair Value
Related Research
- Bloomberg
Google Helps Place Ads on Sites Amplifying Covid-19 Conspiracies
(Bloomberg) -- Google has taken aggressive action to scrub coronavirus conspiracies from its news service and YouTube, at a time when social media companies have come under intense scrutiny for their potential to spread dangerous disinformation about the global pandemic. It has begun labeling misleading videos aimed at U.S. audiences, and has joined with other major internet companies to coordinate a response against what the World Health Organization has described as an “infodemic.”But Google is also placing advertisements on websites that publish the theories, helping their owners generate revenue and continue their operations. In at least one instance, Google has run ads featuring a conspiracist it has already banned.One ad for Veeam, an independent Microsoft 365 backup service, appeared atop one website featuring an article that includes false claims that Microsoft Corp. founder Bill Gates’s charitable efforts on pandemics and vaccines are a part of a world domination plot. A Microsoft Teams ad ran with a French language article that alleged Gates tried to bribe Nigerian lawmakers to vote for a Covid-19 vaccine. An ad for the telecommunications provider O2 showed up on another article linking the virus to 5G networks, a common conspiracy theory. The ads were placed through Google’s automated system for matching marketers with websites. The Global Disinformation Index, a research group, recently reviewed 49 sites running baseless claims about the virus, including the stories about Gates and 5G networks. Alphabet Inc.'s Google placed ads on 84% of them, generating the majority of the $135,000 in revenue the sites earned each month, according to the Global Disinformation Index’s estimate.Google has faced criticism for funding hyper-partisan publishers such as Breitbart News in the past. The company has avoided making blanket policies about which publishers can run its ads. Instead, it removes ads only from the specific pages carrying content that violates its content policies. It also allows advertisers to blacklist specific sites. The company has been particularly reluctant to take action with political ramifications now that the Trump administration is taking concrete action to punish companies that it argues show bias against conservative viewpoints. Christa Muldoon, a Google spokesperson, said none of the web pages flagged by the Global Disinformation Index violated its policies. “We are deeply committed to elevating quality content across Google products and that includes protecting our users from medical misinformation. Any time we find publishers that violate our policies, we take immediate action,” she said.‘A Huge Issue’ Google's network ad system is a massive machine for automatically generating money for its owner. Websites apply for Google's program, and they add display banners and pop-ups advertisements to their pages. Google's system automatically fills these slots with digital marketing and takes about 30% of the revenue they generate. Although Google offers a level of control to its marquee advertisers, the self-service system sometimes places ads for brands on websites with which they’d prefer not to be associated.Google’s systems have recently placed ads for eBay Inc., Oracle Corp. and HBO on websites like activistpost.com, thegatewaypundit.com and thewashingtonstandard.com, all of which routinely publish conspiracy theories, according to the Global Disinformation Index.Another company that placed ads on the sites in the study was Criteo SA. When contacted by a reporter about an ad mentioned in the report, Luca Sesti, a spokesman for the company, said it was breaking off its commercial relationship with the website in question, thegatewaypundit.com. “In the event we find a partner is not adhering to our policies, we will terminate the relationship immediately,” he said. “We recognize that the dissemination of inaccurate information through ‘fake news’ is a very real problem on the internet.”Often the ads the researchers found made for uncomfortable pairings. The O2 ad ran alongside an article promoting false claims that 5G wireless technology causes people to experience symptoms of coronavirus because it "poisons their cells." “This is a huge issue that Google needs to tackle now,” said Craig Fagan, program director at the Global Disinformation Index. “It is creating a financial incentive for these websites to continue promoting the conspiracy theories. You go to these sites and there are ads galore, pop ups everywhere. The ads are there to get clicks, monetizing each reader.”A Banned Provocateur ReturnsIn one case, Google accepted ad revenue from a company promoting a conspiracy theorist it tried to remove from its own platforms. In early May, YouTube removed the account of David Icke, a British provocateur who often ranted about "Rothschild Zionists" controlling global institutions and has questioned the efficacy of vaccines. In a recent interview about Covid-19, he said that 5G makes people sick and sends out signals that can control their emotions. Icke had posted on YouTube for more than 14 years.Guillaume Chaslot, a former Google engineer and founder of the research group AlgoTransparency, estimated that Icke’s YouTube channel gained 200,000 subscribers during March and April, when he largely touted unproven theories about the virus. Chaslot's research tracks how often YouTube's recommendation system sends viewers to particular videos and channels. In a 10-year span, YouTube promoted Icke's videos about a billion times.YouTube removed Icke’s account for violating its rules about coronavirus disinformation. Since then, Icke has appeared on other YouTube channels and in YouTube ads for Gaia Inc., a streaming network that promotes yoga and alternative healing. "We have to break out of this perceptual prison," Icke said in a voice-over during an ad that ran weeks after his ban. Gaia's network runs several shows featuring Icke. On a recent earnings call, Gaia executives said YouTube had become a "pretty significant" way to get new subscribers.Gaia didn’t respond to requests for comment. Imran Ahmed, chief executive officer of the Center for Countering Digital Hate, a U.K. nonprofit, argues that social media platforms should remove Icke entirely. “In a pandemic, lies cost lives," said Ahmed. "Misinformed people put us all at risk through their reckless actions.” His group estimated that Icke earned about $177,000 a year from YouTube ads before the ban.Jaymie Icke, a spokesman for Icke's video service Ickonic, said the earnings estimate was inaccurate because YouTube has restricted ads on controversial videos for several years. "Revenue is nothing and has been for a while," said Icke, who is David Icke’s son. "They removed all ads from the channel two months prior to the full deletion anyway. So that figure has simply been made up."Icke and others blocked from the site are allowed to appear on other accounts and in ads as long as those videos don't break rules, according to Muldoon, the Google spokesperson. While web giants like Google have tried to handle conspiracy theories on their user-generated services, they have also tried to reform their ad systems to handle the growing problem. In October 2018, Google and Facebook Inc. signed a European Union code of conduct on disinformation that contained a commitment to “improve the scrutiny of advertisement placements to reduce revenues of the purveyors of disinformation.”According to Fagan, however, the issue remains a blind spot for the companies. Some of the conspiracy websites attract a large number of visitors, promoting their content across social media platforms.The 49 websites promoting Covid-19 conspiracies that were reviewed by the Global Disinformation Index were just a small sample and offer a snapshot of a much larger program, Fagan said. Last year, the Global Disinformation Index published a study of about 20,000 websites promoting disinformation and conspiracy theories. It estimated that they were generating $235 million every year in advertising revenue, approximately $86.7 million of which was paid out by Google.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- Motley Fool
How the Financial Solvency of Employers Affects a 401(k)
To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center. To get started investing, check out our quick-start guide to investing in stocks. Alison Southwick: This is Motley Fool Answers.
- Zacks
Why Is eBay (EBAY) Up 11.1% Since Last Earnings Report?
eBay (EBAY) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- Benzinga
eBay: Price Over Earnings Overview
In the current session, eBay Inc. (NASDAQ:EBAY) is trading at $44.31, after a 0.37% spike. Over the past month, the stock increased by 11.26%, and in the past year, by 23.34%. With performance like this, long-term shareholders optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be overvalued.Assuming that all other factors are held constant, this could present itself as an opportunity for shareholders trying to capitalize on the higher share price. The stock is currently above from its 52 week high by 0.08%.The P/E ratio measures the current share price to the company's earnings per share. It is used by long-term investors to analyze the company's current performance against its past earnings, historical data and aggregate market data for the industry or the indices, such as S&P 500. A higher P/E indicates that investors expect the company to perform better in the future, and the stock is probably overvalued, but not necessarily. It also shows that investors are willing to pay a higher share price currently, because they expect the company to perform better in the upcoming quarters. This leads investors to also remain optimistic about rising dividends in the future.Most often, an industry will prevail in a particular phase of a business cycle, than other industries.eBay Inc. has a better P/E ratio of 20.35 than the aggregate P/E ratio of 16.99 of the internet retail industry. Ideally, one might believe that eBay might perform better in the future than its industry group, but it's probable that the stock is overvalued.price to earnings ratio is not always a great indicator of the company's performance. Depending on the earnings makeup of a company, investors may not be able to attain key insights from trailing earnings.See more from Benzinga * Stocks That Hit 52-Week Highs On Thursday * Stocks That Hit 52-Week Highs On Tuesday * Stocks That Hit 52-Week Highs On Wednesday(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- GuruFocus.com
Seth Klarman's 5 Largest Holdings as of the March Quarter
Baupost makes eBay its top holding following 60% position increase Continue reading...
- MarketWatch
Coronavirus update: Global death toll climbs above 353,000; U.S. deaths surpass 100,000
The number of deaths from the coronavirus that causes COVID-19 rose above 353,000 on Wednesday, as the World Health Organization said the Americas are at the center of the pandemic following surges in infections in Brazil, Peru, Chile and others in the past few days.
- Zacks
EBay (EBAY) Outpaces Stock Market Gains: What You Should Know
EBay (EBAY) closed at $44.15 in the latest trading session, marking a +1.82% move from the prior day.
- Insider Monkey
Here is How Hedge Funds Traded eBay Inc (EBAY) During The Crash
In this article we will check out the progression of hedge fund sentiment towards eBay Inc (NASDAQ:EBAY) and determine whether it is a good investment right now. We at Insider Monkey like to examine what billionaires and hedge funds think of a company before spending days of research on it. Given their 2 and 20 […]
- Investopedia
Top Consumer Discretionary Stocks for June 2020
These are the consumer discretionary stocks with the best value, fastest growth, and most momentum for June 2020.
- Benzinga
Sale Of eBay's Classifieds Segment Would Be A Financial Positive, Says BofA
A Bloomberg report over the weekend quoted unnamed sources as saying that eBay Inc (NASDAQ: EBAY) had received bids for its Classifieds business from multiple bidders, in the range of $8 billion to $10 billion.A bid in this range is a financial positive for eBay given the issues at Classifieds this year, according to BofA Securities.The eBay Analyst Justin Post maintained a Neutral rating on eBay with a $44 price target.The eBay Thesis Assuming a premium multiple for Classifieds, given its high margin profile, the segment's valuation comes to $8.3 billion, which is at the lower end of the reported bids, Post said in a Wednesday note. (See his track record here.)A valuation of $8.3 billion for Classifieds implies a 21x multiple on BofA's 2021 profit estimate of $389 million, the analyst said, adding that a 21x segment multiple is in-line with the higher end of recent transactions in the classifieds space.Classifieds could face pressures in 2020 due to COVID-19. On the other hand, the pandemic could also impact the availability of credit to finance large acquisitions, Post said. "We would view a potential sale of Classifieds between $8-10bn as positive for the stock, all else equal, given issues for Classifieds in 2020 and implied residual core eBay valuation."EBAY Price Action Shares of eBay were trading down 0.66% at $43.08 at the time of publication Wednesday.Related Links:In Consumers We Trust: 3 Leveraged ETFs That Surged In AprilFacebook's New Shopping Feature Lifts Stock To All-Time HighsLatest Ratings for EBAY DateFirmActionFromTo Apr 2020SunTrust Robinson HumphreyMaintainsHold Apr 2020SusquehannaMaintainsPositive Apr 2020BMO CapitalMaintainsOutperform View More Analyst Ratings for EBAY View the Latest Analyst Ratings See more from Benzinga * Piper Sandler Downgrades Twilio On Near-Term Revenue Risk(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- Barrons.com
EBay Flirts With New High as Analyst Calls Sales Estimates Too Low
One catalyst for eBay shares could be the sale or spinoff of its classified-advertising business, which the company has been shopping around, notes Baird’s Colin Sebastian.
- Zacks
eBay (EBAY) Hits Fresh High: Is There Still Room to Run?
eBay (EBAY) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
- Zacks
5 Coronavirus-Proof PEG Picks Suitable for GARP Investors
PEG-based investing can be more rewarding with the addition of a few other relevant parameters amid coronavirus-led market rattle.
- Zacks
3 Retail Stocks to Tap the Stay-At-Home Economy
New shopping trends that emerged during the lockdown could be here to stay despite the reopening of brick-and-mortar stores.
- Autoblog
Catch the Indy 500 spirit with one of these Indy Pace Cars
For motorsports fans, Memorial Day Weekend can mean only one thing: the Indianapolis 500. This year, though, the Indy 500 will run instead in August, due to the coronavirus. Kicking off with the most famous words in motorsports, "Drivers, start your engines!" the racers take to the track behind the pace car.
- Thomson Reuters StreetEvents
Edited Transcript of EBAY earnings conference call or presentation 29-Apr-20 10:00pm GMT
Q1 2020 eBay Inc Earnings Call
- Bloomberg
Naspers and Axel Springer in Bid for eBay Classifieds Unit
(Bloomberg) -- South Africa’s Naspers Ltd. and an investor group backed by German publisher Axel Springer SE are among suitors that submitted bids for EBay Inc.’s classified-advertising business, according to people familiar with the matter.Axel Springer teamed up with KKR & Co. for its offer, according to the people, who asked not to be identified because the information is private. Online classifieds company Adevinta ASA also made a bid for the unit by this week’s deadline, the people said. A consortium of Blackstone Group Inc., Permira and Hellman & Friedman has also been pursuing the business, the people said.The unit could fetch $8 billion to $10 billion, according to one of the people. EBay could decide as soon as next week which suitors advance to the next round, the people said.EBay shares rose 2.3% in New York Friday, valuing the company at about $30.5 billion.A potential sale of EBay’s classifieds unit could rank among the largest deals in Europe involving private equity firms this year. EBay is seeking a sale of the business at a time when market turmoil has hampered financing for leveraged buyouts, forcing companies to put a number of bidding processes on hold. Walmart Inc. paused the sale of a majority stake in its U.K. grocery chain Asda to focus management’s attention on running the business amid unprecedented spikes in demand driven by the coronavirus.Representatives for EBay, Adevinta, Axel Springer, Blackstone, KKR, Naspers and Permira declined to comment. A spokesperson for Hellman & Friedman didn’t immediately respond to a request for comment.EBay said in February it was in talks with multiple parties about a sale of the business and expected to update investors by the end of the first half. While the San Jose, California-based company reported better-than-expected sales in the first quarter, the classifieds unit dragged on results as the Covid-19 pandemic forced the closure of car dealerships.EBay’s classified business has attracted interest from several strategic and private equity firms, Dealreporter and The Wall Street Journal have previously reported, citing unidentified people. Permira partially owns Polish online auction site Allegro. Hellman & Friedman is a backer of digital car marketplace Autoscout24 GmbH.E-commerce group Naspers, Africa’s largest company by market value, is seeking to boost its portfolios in classifieds, food delivery and digital-payments businesses as well as education, Chief Executive Officer Bob Van Dijk said in an interview this month. The company acquires online companies around the world through Amsterdam-listed Prosus NV, which the company spun off in September last year.German publisher Axel Springer has ramped up its hunt for deals to accelerate a shift into digital media since agreeing to go private with the help of KKR last year.Norway’s Adevinta was spun off of Scandinavian media conglomerate Schibsted ASA last year with the goal of expanding in the global online classified market.(Updates with details on Axel Springer and Adevinta in last two paragraphs)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- Bloomberg
U.K. Probes Fake Reviews as Covid-19 Sends Shoppers Online
(Bloomberg) -- With online shopping increasing amid Covid-19 lockdowns, the U.K.’s competition regulator is clamping down on fake and misleading reviews on popular shopping websites.The Competition and Markets Authority said Friday it’s probing several major websites to see if they are doing enough to protect shoppers. It will examine how these sites detect, investigate and respond to suspicious reviews.So far, the CMA has not singled any companies out and isn’t alleging that any website has acted illegally. The watchdog said it may resort to legal action if online platforms don’t do what’s required to protect consumers.With consumers stuck at home amid the coronavirus pandemic, retail websites have been the go-to for most products. Amazon.com Inc. has seen a spike in sales since lockdowns began and has had to hire 175,000 people to cope with demand. Last year it responded to criticism by changing how it displays feedback by prioritizing ratings from customers rather than reviews.Amazon said in an e-mailed statement it’s “happy to assist the CMA” with its inquiries.“Customer trust has always been at the heart of our approach and we want to ensure you can shop with confidence knowing that reviews are authentic and relevant,” it said. “We welcome the fact that the CMA shares our view on the importance of robust mechanisms to tackle attempted abuse of customer reviews.”EBay Inc. said it’s “committed to cooperating with the CMA on any investigation to tackle fake reviews.”Instagram CommitmentsThe CMA’s probe comes the same day it secured commitments from Facebook Inc.-owned Instagram to tackle the risk that users can buy and sell fake reviews through the social media platform. Instagram has committed to providing more robust systems to detect and remove such material, the regulator said. Facebook and EBay have also previously assured the regulator it would put measures in place to tackle the issue.“During lockdown, we’re more dependent than ever on online shopping, so it’s really important that the online reviews we read are genuine opinions,” said Andrea Coscelli, chief executive officer of the CMA.(Updates with Amazon, EBay responses starting in fifth paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- Financial Times
Axel Springer among bidders for eBay’s classifieds business
Axel Springer, the German media group backed by private equity firm KKR, has submitted an initial bid for eBay’s classifieds business, according to people familiar with the matter, as the ecommerce group embarks on one of the biggest sale processes since the outbreak of the coronavirus pandemic. The publisher of Die Welt and Bild and its US backer will face competition from groups including South African ecommerce group Naspers, the classified group Adevinta, which owns the Shpock platform, and a private equity consortium of Hellman & Friedman, Blackstone and Permira, the people said.
- Financial Times
Naval chief brought in to help turn tide on UK PPE supplies
One of the UK's most senior naval officers has been brought in to help lead the government’s efforts to address shortages of personal protective equipment for health workers. Jim Higham, assistant chief of the naval staff, is working with Paul Deighton, chief executive of the London 2012 Olympics organising committee, who was asked last month to oversee Britain’s production of PPE for NHS and care workers. Health and social care staff have repeatedly complained they have insufficient PPE to do their jobs safely, with families of some who lost their lives blaming shortages for their deaths.
- Zacks
EBay (EBAY) Stock Moves -0.56%: What You Should Know
In the latest trading session, eBay (EBAY) closed at $42.47, marking a -0.56% move from the previous day.
- Barrons.com
What Virus? Facebook Stock Soars to Record High on New E-Commerce Push.
Investors reacted strongly to the company’s announcement of a new e-commerce platform called Facebook Shops, and a similar program to launch later this year called Instagram Shops.
- Zacks
E-commerce War Heats Up With Facebook Shops: 4 Stocks to Buy
Online retail sales have been gaining traction for some time now which received further boost amid the coronavirus pandemic.
- Investor's Business Daily
Forget A Double Rainbow, PayPal Stock Is Bucking For A Double Breakout
PayPal stock is up more than 36% year to date, scored its largest ever single-day volume May 1, and was passing another buy point on Monday.
- MarketWatch
Michael Jordan memorabilia explodes amid ‘Last Dance’ popularity
Almost 20 years since he stopped bouncing a basketball professionally, Michael Jordan is still the hottest name in the sports memorabilia business.
