Impact of Brokerage Rating on Etsy, Inc.(ETSY)

Many Etsy, Inc.(ETSY) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Etsy Inc was Initiated by Piper Jaffray to Neutral on Jan 6, 2017. Etsy Inc was Upgraded by Loop Capital to Buy on Jan 5, 2017. Etsy Inc was Initiated by Stifel on Dec 20, 2016 to Hold, Price Target of the shares are set at $14.

Company has reported several Insider transactions to the SEC, on Nov 14, 2016, Frederick R Wilson (director) sold 146,697 shares at 11.48 per share price.On Oct 11, 2016, Chad Dickerson (President, CEO and Chair) sold 105,289 shares at 16.00 per share price.On Oct 4, 2016, Kristina Salen (Chief Financial Officer) sold 20,000 shares at 15.00 per share price.

Etsy Inc Last issued its quarterly earnings results on Nov 1, 2016. The company reported $-0.02 EPS for the quarter. Analyst had a consensus estimate of $-0.02. The company had revenue of $87.56 million for the quarter, compared to analysts expectations of $86.79 million. The companys revenue was up 33.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.06 EPS.

Etsy, Inc. (NASDAQ:ETSY) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.14 by 7 Brokerage Firm. 3 Wall Street Firms have rated the stock as a strong buys. 4 Brokerage Firms have advised hold.

Etsy, Inc. (NASDAQ:ETSY): 7 Analyst have given the stock of Etsy, Inc. (NASDAQ:ETSY) a near short term price target of $15.11. The standard deviation reading, which is a measure by which the stock price is expected to swing away from the mean estimate, is at $1.53. The higher price target estimate is at $17 while the lower price estimates are fixed at $14.

Etsy, Inc. (NASDAQ:ETSY) rose 0.78% or 0.1 points on Tuesday and made its way into the gainers of the day. After trading began at $12.7 the stock was seen hitting $12.97 as a peak level and $12.51 as the lowest level. The stock ended up at $12.86. The daily volume was measured at 711,999 shares. The 52-week high of the share price is $16.05 and the 52-week low is $6.75. The company has a market cap of $1,486 million.

Etsy, Inc. offers e-commerce services. It provides online and offline marketplaces to buy and sell goods. The companys product include art, home and living, mobile accessories, jewelry, wedding, and others. It operates primarily in Berlin, Germany, Dublin, Ireland, Hudson, New York, London, United Kingdom, Melbourne, Australia, Paris, France, San Francisco, California and Toronto, Canada. Etsy, Inc. is headquartered in Brooklyn, New York.

Etsy,

Share this post

Post Comment