Analyst Ratings for Etsy Inc. (ETSY)Updated: 2017-07-27
Etsy Inc. (NASDAQ:ETSY) was awarded an average rating of Hold from investment analysts following the stock. ETSY had previously received a consensus rating of Hold a month ago.
10 analysts issued ratings on the stock, where 1 gave ETSY a buy rating, 0 issued an overweight rating, 9 issued a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an decrease of 3 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 0.
ETSY was given price targets by several analysts. The maximum price target given was 17, implying a possible profit of 14.56 percent. The lowest price target was 9, implying potential capital losses of -39.35 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 50 percent. The average change in earnings estimates over the last 90 days is 0 percent. Meanwhile, fiscal year estimates have been revised upwards by 100 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -37.5 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 1 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Also over the last month, 1 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.
ETSY has traded between a high of 16.05 and a low of 9.41 over the past year. Currently the stock is 57.7 percent higher than its low, and below the high by 7.54 percent. ETSY has a P/E ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The ETSY value stock report compares ETSY to some of its peers using value stock charts. The stock has a market capitalization of $1.74 billion. ETSY's next earnings release will be on 0000-00-00, which is days away.