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 most optimistic analyst gave a price target of 17, implying potential capital gains of 14.56 percent. The most pessimistic price target was 9, which equates to a potential downside 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.
Analysts have revised their earnings estimates upwards for this quarter, by about 50 percent on average, compared to last month. That number becomes 0 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 100 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -37.5 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 1 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. During this time, 1 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.
ETSY has a 52-week high of 16.05 and a 52-week low of 9.41. The current market price is above the trailing year's low by 57.7 percent, and 7.54 percent below the high. ETSY has a price/earnings 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 market cap of ETSY is $1.74 billion. ETSY's next earnings release will be on 0000-00-00, which is days away.