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 analyst gave a price target of 9, which equates to a potential downside of -39.35 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some 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. 1 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. During this time, 1 analysts made positive revisions in their estimates for this fiscal year's 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. Currently the stock is 57.7 percent higher than its low, and 7.54 percent lower than its 52-week 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.