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.
Many analysts weighed in on price targets for ETSY. The most optimistic analyst gave a price target of 17, implying a possible profit of 14.56 percent. The most pessimistic analyst gave a price target of 9, implying a possible loss of -39.35 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Analysts have revised their earnings estimates upwards for this quarter, by about 50 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 0 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 100 percent, as compared to a month ago. 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. Over the same time period, 1 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.
In the trailing 52-weeks, ETSY hit 16.05 at the highest peak, while it's lowest trading point was 9.41. Today's price is 57.7 percent above the 52-week low, and 7.54 percent below the high. 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.