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Saturday, June 3, 2023

Taking On Challenges And Growing? – Etsy Inc. (ETSY)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Etsy Inc. (ETSY) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.31, or 0.34%, to $92.70. The Etsy Inc. has recorded 94,245 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted Etsy to Participate in Upcoming Investor Conference.

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Stocks Info

The company is listed on the NASDAQ and operates within the Internet Retail industry segment. At the end of the last regular session, the stock closed at $92.39 and fluctuated between $94.64 as its day high and $90.85 as its day low. The current market capitalization of Etsy Inc. is $11.60B. A total of 4.31 million shares were traded on the day, compared to an average of 3.54M shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, ETSY has seen 20 BUY and 45 SELL insider trades, representing the acquisition of 210,327 and the disposition of 175,552 shares. Over the last 12 months, there were 75 BUYs and 208 SELLs from insiders. Insiders purchased 836,361 shares during that period but sold 790,608.

In the most recent transaction, Silverman Josh sold 20,850 shares of ETSY for 94.54 per share on May 10. After the transaction, the President & CEO now owns 114,674 company shares. In a previous transaction on Apr 26, Silverman Josh sold 20,850 shares at 99.66 per share. ETSY shares that President & CEO owns now total 114,674.

Among the insiders who sold shares, Daniel Nicholas disposed of 1,000 shares on Apr 17 at a per-share price of $102.79. This resulted in the Chief Product Officer holding 8,704 shares of ETSY after the transaction. In another insider transaction, Silverman Josh sold 20,850 shares at $101.15 per share on Apr 12. Company shares held by the President & CEO now total 114,674.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for ETSY in the last 3 months, the mean price target is $119.13 with high estimates of $170.00 and low estimates of $46.00. In terms of 52-week highs and lows, ETSY has a high of $149.91 and a low of $67.01.

As of this writing, ETSY has an earnings estimate of $0.42 per share for the current quarter. EPS was calculated based on a consensus of 18 estimates, with a high estimate of $0.48 per share and a lower estimate of $0.33. The company reported an EPS of $0.77 in the last quarter, which was -3.80% lower than expectations of $0.8.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. ETSY’s latest balance sheet shows that the firm has $984.61M in Cash & Short Term Investments as of fiscal 2021. There were $2.39B in debt and $615.59M in liabilities at the time. Its Book Value Per Share was -$4.34, while its Total Shareholder’s Equity was $628.62M.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ETSY is Buy with a score of 4.09.

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