Morgan Stanley analyst Nathan Feather maintains $Etsy Inc (ETSY.US)$ with a sell rating, and maintains the target price at $47.
According to TipRanks data, the analyst has a success rate of 80.0% and a total average return of 16.6% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Etsy Inc (ETSY.US)$'s main analysts recently are as follows:
The company experienced a shortfall in gross merchandise sales, though it surpassed expectations in revenue and EBITDA due to a notable improvement in take rate. Efforts are being made to enhance assortment, search, and the overall consumer experience. However, it's anticipated that the headwinds affecting merchandise sales will continue until there is a stabilization in discretionary demand.
Etsy's recent financial results presented a contrast, with gross merchandise sales growth falling short of expectations, counterbalanced by improved take rates and margins. Analysts highlight the company's struggle amidst a tough discretionary consumer goods market, which is exacerbated by its lack of participation in significant discounting events that appeal to consumers.
Etsy's third-quarter Gross Merchandise Sales fell short of expectations, yet the forecast for the fourth quarter was somewhat more optimistic than anticipated. Initiatives related to search and the app are seen as initial moves towards a strategic realignment, although it is suggested that additional efforts are necessary to achieve a resurgence in growth.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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摩根士丹利分析师Nathan Feather维持$Etsy Inc (ETSY.US)$卖出评级,维持目标价47美元。
根据TipRanks数据显示,该分析师近一年总胜率为80.0%,总平均回报率为16.6%。
此外,综合报道,$Etsy Inc (ETSY.US)$近期主要分析师观点如下:
尽管由于收购率显著提高,该公司的收入和息税折旧摊销前利润超出了预期,但其商品销售总额却出现了短缺。正在努力改善产品种类、搜索和整体消费者体验。但是,预计影响商品销售的不利因素将持续到全权需求稳定为止。
Etsy最近的财务业绩形成鲜明对比,商品销售总额增长低于预期,但被收购率和利润率的提高所抵消。分析师强调了该公司在艰难的全权消费品市场中面临的困境,而缺乏参与吸引消费者的重大折扣活动加剧了这种困境。
Etsy第三季度的商品销售总额低于预期,但对第四季度的预测比预期的要乐观一些。与搜索和应用程序相关的举措被视为战略调整的初步举措,尽管有人认为要实现增长的复苏,还需要付出更多努力。
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