2 weeks Ago By ABMN Staff
Etsy, Inc. ( NASDAQ:ETSY – Free Report ) – Wedbush cut their Q4 2025 EPS estimates for Etsy in a research report issued on Tuesday, April 15th. Wedbush analyst S.
Devitt now anticipates that the specialty retailer will earn $0.98 per share for the quarter, down from their previous estimate of $1.09.
The consensus estimate for Etsy’s current full-year earnings is $2.57 per share. A number of other research analysts have also recently commented on ETSY.
Canaccord Genuity Group dropped their price target on Etsy from $105.00 to $76.00 and set a “buy” rating on the stock in a research report on Thursday, February 20th.
Morgan Stanley cut their target price on shares of Etsy from $44.00 to $40.00 and set an “underweight” rating for the company in a research report on Thursday.
Stifel Nicolaus lowered their price target on shares of Etsy from $56.00 to $51.00 and set a “hold” rating on the stock in a research report on Thursday, February 20th.
UBS Group cut their price objective on shares of Etsy from $54.00 to $46.00 and set a “neutral” rating for the company in a report on Friday, April 11th.
Finally, Piper Sandler lowered their target price on shares of Etsy from $52.00 to $40.00 and set a “neutral” rating on the stock in a report on Friday, April 11th.
Four analysts have rated the stock with a sell rating, fifteen have assigned a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $56.
42. Etsy Trading Up 3.8 % Etsy stock opened at $44.
15 on Thursday. The business’s 50 day simple moving average is $47.69 and its 200 day simple moving average is $51.
51. Etsy has a 12 month low of $40.05 and a 12 month high of $71.
72. The company has a market cap of $4.73 billion, a price-to-earnings ratio of 18.
63, a PEG ratio of 2.57 and a beta of 2.15.
Etsy ( NASDAQ:ETSY – Get Free Report ) last released its earnings results on Wednesday, February 19th. The specialty retailer reported $1.03 earnings per share for the quarter, beating analysts’ consensus estimates of $0.
95 by $0.08. Etsy had a net margin of 10.
80% and a negative return on equity of 46.62%. The firm had revenue of $852.
16 million for the quarter, compared to analysts’ expectations of $861.37 million. During the same period in the previous year, the company earned $0.
62 earnings per share. The company’s quarterly revenue was up 1.2% on a year-over-year basis.
Insider Buying and Selling In other news, CEO Josh Silverman sold 21,666 shares of the firm’s stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $52.05, for a total value of $1,127,715.
30. Following the completion of the transaction, the chief executive officer now owns 5,004 shares in the company, valued at $260,458.20.
This trade represents a 81.24 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink .
Also, insider Nicholas Daniel sold 1,500 shares of the stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $55.34, for a total value of $83,010.
00. Following the completion of the transaction, the insider now owns 22,198 shares of the company’s stock, valued at approximately $1,228,437.32.
This trade represents a 6.33 % decrease in their position. The disclosure for this sale can be found here .
Insiders sold 50,952 shares of company stock valued at $2,554,620 over the last quarter. 2.60% of the stock is owned by company insiders.
Institutional Inflows and Outflows Hedge funds and other institutional investors have recently made changes to their positions in the company. Lindbrook Capital LLC raised its position in Etsy by 55.7% in the 4th quarter.
Lindbrook Capital LLC now owns 506 shares of the specialty retailer’s stock worth $27,000 after buying an additional 181 shares during the last quarter. True Wealth Design LLC lifted its stake in shares of Etsy by 112.7% during the 4th quarter.
True Wealth Design LLC now owns 551 shares of the specialty retailer’s stock valued at $29,000 after buying an additional 292 shares in the last quarter. Hurley Capital LLC purchased a new position in Etsy in the 4th quarter worth approximately $32,000. Strategic Investment Solutions Inc.
IL bought a new stake in Etsy in the 4th quarter valued at $34,000. Finally, Summit Securities Group LLC purchased a new position in shares of Etsy in the fourth quarter valued at $37,000. Institutional investors own 99.
53% of the company’s stock. About Etsy ( Get Free Report ) Etsy, Inc, together with its subsidiaries, operates two-sided online marketplaces that connect buyers and sellers in the United States, the United Kingdom, Germany, Canada, Australia, and France. Its primary marketplace is Etsy.
com that connects artisans and entrepreneurs with various consumers. The company also offers Reverb, a musical instrument marketplace; Depop, a fashion resale marketplace; and Elo7, a Brazil-based marketplace for handmade and unique items. Featured Articles Receive News & Ratings for Etsy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Etsy and related companies with MarketBeat.
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