Why eBay (EBAY) is a Top Value Stock for the Long-Term
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It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors.
Achieving those goals is made easier with the Zacks Style Scores, a unique set of guidelines that rates stocks based on popular investing methodologies, namely value, growth, and momentum. The Style Scores can help you narrow down which stocks are better for your portfolio and which ones can beat the market over the long-term.
Why Investors Should Pay Attention to This Value Stock
Value investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, and Price/Cash Flow, the Value Style Score identifies the most attractive and most discounted stocks.
eBay (EBAY)
eBay operates an online shopping platform which provides sellers the tools to build online store formats, making it easier for customers to browse by brands.
EBAY sits at a Zacks Rank #3 (Hold), holds a Value Style Score of B, and has a VGM Score of A. Compared to the Internet - Commerce industry's P/E of 26.1X, shares of eBay are trading at a forward P/E of 12.7X. EBAY also has a PEG Ratio of 1.6, a Price/Cash Flow ratio of 15.4X, and a Price/Sales ratio of 2.9X.
Many value investors pay close attention to a company's earnings as well. For EBAY, two analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.00 to $4.83 per share for 2024. Per share EBAY boasts an average earnings surprise of 3.3%.
Investors should take the time to consider EBAY for their portfolios due to its solid Zacks Ranks, notable earnings and valuation metrics, and impressive Value and VGM Style Scores.
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eBay Inc. (EBAY) : Free Stock Analysis Report