EBay Inc (EBAY): Today's Featured Retail Laggard
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
(
) pushed the Retail industry lower today making it today's featured Retail laggard. The industry as a whole closed the day down 1.4%. By the end of trading, eBay fell $1.00 (-2.0%) to $49.99 on average volume. Throughout the day, 10,803,905 shares of eBay exchanged hands as compared to its average daily volume of 10,096,500 shares. The stock ranged in price between $49.62-$51.10 after having opened the day at $51.09 as compared to the previous trading day's close of $50.99. Other companies within the Retail industry that declined today were:
Sears Hometown & Outlet Stores
(
), down 17.9%,
(
), down 16.8%,
(
), down 10.0% and
(
), down 5.2%.
eBay Inc. provides online platforms, tools, and services to help individuals and merchants in online and mobile commerce and payments in the United States and internationally. eBay has a market cap of $65.3 billion and is part of the services sector. Shares are down 1.1% year to date as of the close of trading on Thursday. Currently there are 24 analysts that rate eBay a buy, no analysts rate it a sell, and 8 rate it a hold.
TheStreet Ratings rates
eBay
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full eBay Ratings Report.
On the positive front,
(
), up 6.9%,
(
), up 3.5%,
Fairway Group Holdings Corp Class A
(
), up 2.9% and
(
), up 2.2% , were all gainers within the retail industry with
(
) being today's featured retail industry leader.
- Use our retail section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the retail industry could consider
(
) while those bearish on the retail industry could consider
ProShares Ultra Sht Consumer Goods
(
).
- Find other investment ideas from our top rated ETFs lists.
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