Etsy Inc (NASDAQ: ETSY) kicked off on November 20, 2023, at the price of $72.21, down -0.63% from the previous trading day. During the day, the shares moved up to $73.73 and dropped to $70.76 before settling in for the closing price of $72.53. Over the past 52 weeks, ETSY has traded in a range of $58.20-$149.91.
During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 45.68%. While this was happening, its average annual earnings per share was recorded 143.88%. With a float of $118.75 million, this company’s outstanding shares have now reached $125.05 million.
Let’s determine the extent of company efficiency that accounts for 2790 employees. In terms of profitability, gross margin is +70.98, operating margin of +15.17, and the pretax margin is -25.80.
Etsy Inc (ETSY) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Internet Retail Industry. The insider ownership of Etsy Inc is 0.83%, while institutional ownership is 94.25%. The most recent insider transaction that took place on Oct 25, was worth 649,053. In this transaction President & CEO of this company sold 10,425 shares at a rate of $62.26, taking the stock ownership to the 23,140 shares. Before that another transaction happened on Oct 11, when Company’s President & CEO sold 10,425 for $64.51, making the entire transaction worth $672,473. This insider now owns 23,140 shares in total.
Etsy Inc (ETSY) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 9/29/2023, the organization reported $0.64 earnings per share (EPS), higher than consensus estimate (set at $0.51) by $0.13. This company achieved a net margin of -27.06 while generating a return on equity of -1,707.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.53 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 143.88% per share during the next fiscal year.
Etsy Inc (NASDAQ: ETSY) Trading Performance Indicators
Take a look at Etsy Inc’s (ETSY) current performance indicators. Last quarter, stock had a quick ratio of 2.45. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.18. Likewise, its price to free cash flow for the trailing twelve months is 12.94.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.39, a number that is poised to hit 0.79 in the next quarter and is forecasted to reach 2.61 in one year’s time.
Technical Analysis of Etsy Inc (ETSY)
Looking closely at Etsy Inc (NASDAQ: ETSY), its last 5-days average volume was 4.22 million, which is a jump from its year-to-date volume of 3.4 million. As of the previous 9 days, the stock’s Stochastic %D was 84.37%. Additionally, its Average True Range was 3.10.
During the past 100 days, Etsy Inc’s (ETSY) raw stochastic average was set at 31.09%, which indicates a significant decrease from 89.31% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 53.72% in the past 14 days, which was higher than the 48.15% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $64.68, while its 200-day Moving Average is $89.00. However, in the short run, Etsy Inc’s stock first resistance to watch stands at $73.61. Second resistance stands at $75.16. The third major resistance level sits at $76.58. If the price goes on to break the first support level at $70.64, it is likely to go to the next support level at $69.22. Should the price break the second support level, the third support level stands at $67.67.
Etsy Inc (NASDAQ: ETSY) Key Stats
The company with the Market Capitalisation of 8.63 billion has total of 119,746K Shares Outstanding. Its annual sales at the moment are 2,566 M in contrast with the sum of -694,290 K annual income. Company’s last quarter sales were recorded 636,300 K and last quarter income was 87,850 K.