Market Analysts classify EBAY as Undervalued

eBay, Inc. (NASDAQ: EBAY) currently has an Earnings per Share of $1.59, Market Capitalization of $33.16 Billion, and a Return on Investment (ROI) of 13% according to Finviz’s reported data. The company’s 52-week high is $33.19 and 52-week low is $21.52.

Many analysts looks to have a set price on the stock. The average one year price target of 36 analysts covering the company is $33.00, which clearly suggests that eBay has over a 10% upside. The highest price target is at $40.00 and the lowest price target is at $26.00. In addition, eBay’s analysts’ mean recommendation stands at a 2.5 Rating Scale; where 1.0 rating means Strong Buy, 2.0 rating signify Buy, 3.0 recommendation reveals Hold, 4.0 rating score shows Sell and 5.0 displays Strong Sell signal.

According to analysts, the growth estimate for eBay this current quarter is 8% and a projected growth of 8.5% for next quarter.

Last month, eBay’s Chief Accounting Officer Doerger Brian J. sold 18,000 shares of EBAY for an average of $28.89 per share. Meanwhile, the Director, Green Logan, purchased 1,000 shares at roughly $28.93 per share on November 11th, 2016.

eBay’s stock was restated as “outperform” by analysts at Robert W. Baird on Wednesday. Their price target of $35.00 implies a potential upside of 15% from current prices. eBay was also upgraded by Hillard Lyons to a “Buy” on October 21st, 2016.

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