Etsy Inc (NASDAQ:ETSY) shares traded -0.82% down during most recent session to reach at the closing price of $67.65. The stock exchanged hands 1.1 Million shares versus average trading capacity of 2.97 Million shares, yielding a market cap of $8.1 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $73.69 within the next 52-weeks. The mean target projections are based on 13 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Etsy Inc (NASDAQ:ETSY) high price target of $90 and with a conservative view have low price target of $58.
Canaccord Genuity “Initiates Coverage On” Etsy Inc (NASDAQ:ETSY) in a research note issued to investors on 4/04/19 to Buy with price target of $85.
Additionally on 3/29/19 Oppenheimer “Initiates Coverage On” Etsy Inc (NASDAQ:ETSY) to Perform setting price target at $0 and on 3/11/19 Morgan Stanley “Maintained” the stock to Equal-Weight at $65. Furthermore on 3/08/19 KeyBanc “Maintained” the stock to Overweight at $90.
On the other hand the company has Relative Strength Index (RSI 14) of 53.42 along with Average True Range (ATR 14) of 2.38, Consequently Etsy Inc (NASDAQ:ETSY)’s weekly and monthly volatility is 2.50%, 3.13% respectively. The company’s beta value is at 1.
In terms of Buy, Sell or Hold recommendations, Etsy Inc (NASDAQ:ETSY) has analysts’ mean recommendation of 2.3. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Etsy Inc (NASDAQ:ETSY)’s minimum EPS for the current quarter is at $0.08 and can go high up to $0.23. The consensus mean EPS for the current quarter is at $0.14 derived from a total of 12 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.1 earnings per share for the same quarter during last year.
Previously Etsy Inc (NASDAQ:ETSY) reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.2 by $0.12. The company posted an earnings surprise of 60%.
Etsy Inc (NASDAQ:ETSY)’s revenue estimates for the current quarter are $170.06 Million according to 13 number of analysts, for the current quarter the company has high revenue estimates of $173.5 Million in contradiction of low revenue estimates of $162.19 Million. For the current year the company’s revenue estimates are $792.42 Million compared to low analyst estimates of $787 Million and high estimates of $801.56 Million according to 14 number of analysts.
Currently Etsy Inc (NASDAQ:ETSY)’s shares owned by insiders are 0.2%, whereas shares owned by institutional owners are 99.7%. However the six-month change in the insider ownership was recorded -48.7%, as well as three-month change in the institutional ownership was recorded 0.44%.
Etsy Inc (NASDAQ:ETSY)’s trailing twelve month revenues are $603.7 Million, whereas its price to sales ratio for the same period is 13.41. Its book value per share for the most recent quarter is $3.36 while its price to book ratio for the same period is 20.13, as for as the company’s cash per share for the most recent quarter is $5.22, however its price to cash per share ratio for the same period is 12.97. The stock has 5 year expected PEG ratio of 6.07 whereas its trailing twelve month P/E ratio is 107.04.