Etsy Surges Upwards

Large-cap Consumer Cyclical company Etsy has moved 3.0% so far today on a volume of 1,743,310, compared to its average of 3,315,714. In contrast, the S&P 500 index moved 1.2%.

Etsy trades -4.8% away from its average analyst target price of $122.92 per share. The 24 analysts following the stock have set target prices ranging from $47 to $186, and on average have given Etsy a rating of buy.

Anyone interested in buying ETSY should be aware of the facts below:

  • Etsy has moved -39.7% over the last year, and the S&P 500 logged a change of -18.6%

  • Based on its trailing earning per share of 2.73, Etsy has a trailing 12 month Price to Earnings (P/E) ratio of 42.9 while the S&P 500 average is 15.97

  • ETSY has a forward P/E ratio of 41.6 based on its forward 12 month price to earnings (Eps) of $2.81 per share

  • The company has a price to earnings growth (PEG) ratio of 14.53 — a number near or below 1 signifying that Etsy is fairly valued compared to its estimated growth potential

  • Etsy, Inc. operates two-sided online marketplaces that connect buyers and sellers primarily in the United States, the United Kingdom, Germany, Canada, Australia, France, and India.

  • Based in Brooklyn, the company has 2,786 full time employees and a market cap of $14,708,008,960.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.