eBay Inc. (EBAY)
Chart Events
Performance Outlook
| Previous Close | 50.53 |
| Open | 50.75 |
| Bid | 50.44 x 2200 |
| Ask | 50.50 x 1400 |
| Day's Range | 50.05 - 51.03 |
| 52 Week Range | 26.02 - 61.06 |
| Volume | 4,198,213 |
| Avg. Volume | 9,381,492 |
| Market Cap | 34.777B |
| Beta (5Y Monthly) | 1.33 |
| PE Ratio (TTM) | 7.00 |
| EPS (TTM) | 7.21 |
| Earnings Date | Jan 26, 2021 - Feb 01, 2021 |
| Forward Dividend & Yield | 0.64 (1.28%) |
| Ex-Dividend Date | Nov 30, 2020 |
| 1y Target Est | 62.65 |
- CNW Group
eBay Canada Celebrates Ecommerce Excellence with 2020 Entrepreneur of the Year Awards
In a year of economic adversity, annual awards program recognizes Canadian small retailers for their exceptional achievements in online entrepreneurship Last quarter alone, Canadian SMBs saw more than 40 per cent growth in sales on eBayTORONTO, Nov. 26, 2020 /CNW/ - Today, eBay Canada announced the winners of its 16th annual Entrepreneur of the Year Awards, honouring Canadian entrepreneurs using eBay's global marketplace to build and scale their thriving businesses.
- Bloomberg
A $100 Billion Valuation Poses Risk For Fintech Star
(Bloomberg Opinion) -- If you’re in the business of selling picks and shovels for the gold rush, then there’s a logic to raising money when the scramble is at its most frenzied.Stripe Inc. co-founders Patrick and John Collison certainly get the idea. The Irish brothers are raising funds for their online payments company at a valuation of between $70 billion and $100 billion, Bloomberg News reported on Tuesday. In April, the San Francisco-based firm was valued at just $36 billion. But soaring private valuations do come with a risk.Stripe is a beneficiary of the virus-induced lockdowns. E-commerce was booming before Covid-19 struck, but global stay-at-home orders have taken things to a whole new level. Online sales grew an average of 15% annually between 2010 and the start of this year, according to the U.S. Census Bureau. Then in the three months through June, they jumped 45% from a year earlier, as shops were shuttered and spending shifted online. The pace of growth decelerated to 37% in the third quarter as some lockdown measures eased.The increase must have been good news for the Collisons, whose firm takes a cut of payments made to merchants that use its products. As a private company, Stripe doesn’t publish any of its financials, but publicly traded Dutch competitor Adyen NV provides a useful yardstick.The Amsterdam-based rival said that the weekly volume of online retail payments it processed almost doubled between January and mid-September. Even though its overall pace of sales growth almost halved — it’s been held back by significant exposure to the travel industry, where payment volumes fell by about two-thirds in the same period — Adyen’s stock has more than doubled since the start of the year. As of Wednesday, it’s valued at 48 billion euros ($57 billion).Stripe is tracking that same trajectory: A new valuation of $70 billion would represent a doubling since April. The companies are broadly similar, offering a global product that no others have yet managed to match. But their customer base has differed, according to ABN Amro Bank NV analyst Cor Kluis. Adyen has historically focused on large multinational clients such as Uber Technologies Inc., eBay Inc., Gap Inc. and Booking Holdings Inc., while Stripe has concentrated on smaller businesses, he said. That has allowed Adyen to charge less than Stripe, since it’s more affordable to scale your services for large clients than for a panoply of smaller ones. Increasingly, though, the payments processors are encountering each other in the middle, as Stripe extends its offering upward into medium-sized companies and Adyen moves downward into the same space.There will be unanswered questions about Stripe’s valuation, though, particularly if it lands at the upper end of the reported range. The accelerated adoption of e-commerce this year might make it harder to replicate the pace of growth in the years to come.The new funding round might give the Collisons the choice of pushing any prospective initial public offering further down the line, but a punchy private valuation might also make such a delay necessary. If e-commerce growth slows once life returns to a semblance of normality, then justifying a $100 billion valuation to the public markets could be tougher. Silicon Valley stars from Lyft Inc. to Slack Technologies Inc. have shown that life under the withering gaze of public investors can be difficult — both stocks continue to trade below their IPO price.There’s a lot to be said for making hay while the sun shines. But beware of sunburn.This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Alex Webb is a Bloomberg Opinion columnist covering Europe's technology, media and communications industries. He previously covered Apple and other technology companies for Bloomberg News in San Francisco.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- Benzinga
How Does eBay's Debt Look?
Shares of eBay (NASDAQ: EBAY) moved lower by 6.90% in the past three months. Before having a look at the importance of debt, let us look at how much debt eBay has.eBay's Debt According to the eBay's most recent balance sheet as reported on October 29, 2020, total debt is at $7.75 billion, with $7.74 billion in long-term debt and $17.00 million in current debt. Adjusting for $963.00 million in cash-equivalents, the company has a net debt of $6.79 billion.Let's define some of the terms we used in the paragraph above. Current debt is the portion of a company's debt which is due within 1 year, while long-term debt is the portion due in more than 1 year. Cash equivalents include cash and any liquid securities with maturity periods of 90 days or less. Total debt equals current debt plus long-term debt minus cash equivalents.To understand the degree of financial leverage a company has, investors look at the debt ratio. Considering eBay's $18.42 billion in total assets, the debt-ratio is at 0.42. As a rule of thumb, a debt-ratio more than one indicates that a considerable portion of debt is funded by assets. A higher debt-ratio can also imply that the company might be putting itself at risk for default, if interest rates were to increase. However, debt-ratios vary widely across different industries. A debt ratio of 35% might be higher for one industry and normal for another.Why Debt Is Important Besides equity, debt is an important factor in the capital structure of a company, and contributes to its growth. Due to its lower financing cost compared to equity, it becomes an attractive option for executives trying to raise capital.However, interest-payment obligations can have an adverse impact on the cash-flow of the company. Having financial leverage also allows companies to use additional capital for business operations, allowing equity owners to retain excess profit, generated by the debt capital.Looking for stocks with low debt-to-equity ratios? Check out Benzinga Pro, a market research platform which provides investors with near-instantaneous access to dozens of stock metrics - including debt-to-equity ratio. Click here to learn more. See more from Benzinga * Click here for options trades from Benzinga * What Does Johnson & Johnson's Debt Look Like? * Kenon's Debt Overview(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
