EBay Inc. (NASDAQ:EBAY) has appointed a new service provider, Packlink, to provide reselling shipping labels services for eBay delivery. From the 25th of July Packlink, an established eBay service provider to eBay’s French, Italian and Spanish sites, will take over the reselling label services and operations from Shutl. The transition to the new service provider will have minimal impact on both business and consumer sellers as Packlink will offer substantially the same delivery services – next day, standard, collection and drop off – currently offered by Shutl, with the exception of Collect+. Critically, there will be no change to rates or service standards.
The stock Earnings per share (EPS) and the diluted EPS are the profitability measures used in the fundamental analysis of companies. The figure of EPS only takes into account a eBay Inc. (NASDAQ:EBAY) common shares, whereas the very important diluted EPS take into account all the convertible securities such as convertible bonds/convertible preferred stock, which are changed into equity or common stock. Dilutive effects occur when the number of shares increases, for example, through a new issue. If a company issues more shares to shareholders and other investors, this increases the number of shares outstanding and decreases the company’s earnings per share. Ultimately, this can decrease the stock price. eBay Inc. (NASDAQ:EBAY) Diluted EPS is 2.26, whereas the EPS Estimate for next year is 3.07. The Annual EPS Growth of past 5 years is 5.80% and eBay Inc. (NASDAQ:EBAY) yearly performance is 8.82% and net profit margin is 24.40%.
Key Performance indicators for eBay Inc. (NASDAQ:EBAY), in last 4 months the performance of EBAY was 6.35% while its price to sale ratio is 3.17 and price to book ratio is 6.83. Company gross margin stands at 77.60% whereas its return on investment (ROI) is 10.10%.
On 28 June 2019, eBay Inc. (NASDAQ:EBAY), a Services sector firm, traded 14.73 Million shares in last trading session and stock increased 0.53% with closing price of $39.50 per share. with eBay Inc. (NASDAQ:EBAY) traded 14.73 Million shares. The EBAY distance from 20 day simple moving average is 2.83% and distance from 50-Day simple moving average is 5.00%.The relative strength index for stock is 61.27 and Average true range of EBAY is 0.63.
Analyst’s mean target price for EBAY is $39.99 while analysts mean recommendation is 2.50. The Stock value has moved between $25.99 – 40.72 in last one year. EBAY market capitalization is 34242.16 with beta of 1.35. Company has 0.30% insider ownership.
eBay Inc. (NASDAQ:EBAY) is under coverage by number of analysts. Stock has got OUTPERFORM rating from 6 of Thomson Reuters analysts, 20 given HOLD rating to the stock and 2 given UNDERPERFORM rating. Buy rating has been given by 8 analysts to the company stock.