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Truist Financial Maintains EBay(EBAY.US) With Hold Rating

Moomoo News ·  Nov 5 20:35  · Ratings

Truist Financial analyst Youssef Squali maintains $eBay (EBAY.US)$ with a hold rating.

According to TipRanks data, the analyst has a success rate of 53.0% and a total average return of 10.7% over the past year.

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Furthermore, according to the comprehensive report, the opinions of $eBay (EBAY.US)$'s main analysts recently are as follows:

  • eBay's recent financial disclosures revealed Q3 revenue and gross merchandise volume that marginally exceeded forecasts, with margins matching expectations. Despite this, the stock experienced a downturn as the Q4 projections did not meet the consensus. Observers are anticipating further evidence of consistent, robust sales growth.

  • The company's results were solid, though the future outlook appears soft due to investments.

  • eBay's recent quarterly results were fundamentally positive, but projections for the fourth quarter reflect a challenging operating environment. Additionally, the company's preliminary commentary looking ahead to FY25 appears to largely support existing estimates.

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

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.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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