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.
Investment analysts gave a few price targets for ETSY. The highest price target was 17, implying potential capital gains of 14.56 percent. The most pessimistic price target was 9, implying a possible loss of -39.35 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 50 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 0 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 100 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -37.5 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the 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, while 0 analysts made negative revisions to their fiscal year's estimates.
ETSY has traded between a high of 16.05 and a low of 9.41 over the past year. Today's price is 57.7 percent above the 52-week low, and 7.54 percent lower than its 52-week 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 market cap of ETSY is $1.74 billion. ETSY's next earnings release will be on 0000-00-00, which is days away.