Earnings Around the Corner for eBay Inc. (NASDAQ:EBAY)

Earnings is just around the corner for eBay Inc. (NASDAQ:EBAY) as the firm is slated to issue their report on 10/19/2016 4:30:00 PM.  The firm has most recently posted quarter over quarter growth of 8.30% and sales growth of 5.70% quarter over quarter.  

In terms of the trend lines, eBay Inc. (NASDAQ:EBAY) shares are currently -3.69% off of their 52-week high and 48.54% off from the 52-week low point.  The stock is 20.55% from the 200-day moving average and 0.94% from the 50-day average.  The Relative Strength Index for the stock stands at 52.49.

Increased volatility should be expected heading into and immediately after the eBay Inc. (NASDAQ:EBAY) earnings report.  According to the most recent data, the average true range stands at 0.66 which is a measure of the most recent volatility.  The number is an exponential 14-day moving average of the True Ranges (range of each trading day’s high and low).  The average volatility for the week stands at 2.24% and 1.82% for the past month. The relative volume (ratio between current volume and 3-month average) stands at 1.41.  

Potential Upside

So is there any potential upside for the stock if eBay Inc. is able to meet or beat earnings?  Analysts, on a consensus basis have a $31.67 on the stock, compared to a recent bid of $31.97.  The average broker recommendation yields a score of 2.50, which is an integer based calculation from all of the buy, sell and hold recommendations from sell-side analysts.  


Heading into the earnings report, 6.50% shares are held by company insiders.  On the institutional front, 85.10% of eBay Inc. (NASDAQ:EBAY) are owned by firms or funds.  Over the past few months, insider transactions have trended -0.47% while institutions saw a change of 0.12% in company stock. 


Year to date, eBay Inc. (NASDAQ:EBAY) holders have seen returns of 14.67%.  Over the past month the stock moved -0.91% and most recently shares over the past five trading days have moved -1.93%.

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