EBay (EBAY) Hits New Lifetime High Today

Trade-Ideas LLC identified eBay (EBAY) as a new lifetime high candidate
By TheStreet Wire ,

Trade-Ideas LLC identified

eBay

(

EBAY

) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified eBay as such a stock due to the following factors:

  • EBAY has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $477.7 million.
  • EBAY has traded 232,453 shares today.
  • EBAY is trading at a new lifetime high.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in EBAY with the Ticky from Trade-Ideas. See the FREE profile for EBAY NOW at Trade-Ideas

More details on EBAY:

eBay Inc. operates as a technology company that enables commerce and payments on behalf of users, merchants, retailers, and brands of various sizes in the United States and internationally. It operates in three segments: Marketplaces, Payments, and Enterprise. EBAY has a PE ratio of 12. Currently there are 7 analysts that rate eBay a buy, 1 analyst rates it a sell, and 17 rate it a hold.

The average volume for eBay has been 13.9 million shares per day over the past 30 days. eBay has a market cap of $34.2 billion and is part of the services sector and specialty retail industry. The stock has a beta of 1.08 and a short float of 2.2% with 1.50 days to cover. Shares are up 22.4% year-to-date as of the close of trading on Tuesday.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates eBay as a

hold

. The company's strengths can be seen in multiple areas, such as its solid stock price performance, notable return on equity and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, weak operating cash flow and generally higher debt management risk.

Highlights from the ratings report include:

  • Compared to its closing price of one year ago, EBAY's share price has jumped by 49.56%, exceeding the performance of the broader market during that same time frame. Regarding the stock's future course, our hold rating indicates that we do not recommend additional investment in this stock despite its gains in the past year.
  • The company's current return on equity greatly increased when compared to its ROE from the same quarter one year prior. This is a signal of significant strength within the corporation. Compared to other companies in the Internet Software & Services industry and the overall market, EBAY INC's return on equity significantly exceeds that of both the industry average and the S&P 500.
  • EBAY, with its very weak revenue results, has greatly underperformed against the industry average of 10.2%. Since the same quarter one year prior, revenues plummeted by 51.8%. The declining revenue appears to have seeped down to the company's bottom line, decreasing earnings per share.
  • The company, on the basis of change in net income from the same quarter one year ago, has underperformed when compared to that of the S&P 500 and greatly underperformed compared to the Internet Software & Services industry average. The net income has decreased by 19.9% when compared to the same quarter one year ago, dropping from $673.00 million to $539.00 million.
  • Net operating cash flow has decreased to $686.00 million or 49.85% when compared to the same quarter last year. In addition, when comparing the cash generation rate to the industry average, the firm's growth is significantly lower.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

Loading ...