A number of firms have modified their ratings and price targets on shares of Etsy (NASDAQ: ETSY) recently:
Etsy Inc. (NASDAQ:ETSY) opened at 15.27 on Wednesday. Etsy Inc. has a 12-month low of $6.04 and a 12-month high of $16.05. The stock’s market cap is $1.69 billion. The firm has a 50 day moving average of $14.26 and a 200-day moving average of $10.96.
Etsy (NASDAQ:ETSY) last released its quarterly earnings data on Tuesday, August 2nd. The company reported ($0.06) EPS for the quarter, missing analysts’ consensus estimates of ($0.01) by $0.05. The business earned $85.35 million during the quarter, compared to analyst estimates of $80.55 million. Etsy had a negative return on equity of 3.08% and a negative net margin of 5.37%. The business’s revenue for the quarter was up 38.9% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.07) EPS. On average, analysts expect that Etsy Inc. will post ($0.06) earnings per share for the current year.