Etsy (NASDAQ:ETSY – Get Free Report) is scheduled to post its quarterly earnings results after the market closes on Wednesday, May 1st. Analysts expect Etsy to post earnings of $0.49 per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.
Etsy (NASDAQ:ETSY – Get Free Report) last released its quarterly earnings results on Wednesday, February 21st. The specialty retailer reported $0.78 EPS for the quarter, meeting analysts’ consensus estimates of $0.78. The business had revenue of $842.32 million during the quarter, compared to analyst estimates of $827.40 million. Etsy had a negative return on equity of 70.75% and a net margin of 11.19%. On average, analysts expect Etsy to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Etsy Trading Up 2.9 %
NASDAQ ETSY opened at $68.35 on Wednesday. The firm has a market capitalization of $8.10 billion, a P/E ratio of 30.51, a PEG ratio of 4.64 and a beta of 2.01. The business has a fifty day simple moving average of $69.30 and a 200 day simple moving average of $71.53. Etsy has a 12 month low of $58.20 and a 12 month high of $103.25.
Wall Street Analysts Forecast Growth
Get Our Latest Analysis on Etsy
Insiders Place Their Bets
In other Etsy news, CAO Merilee Buckley sold 1,671 shares of the firm’s stock in a transaction dated Wednesday, April 3rd. The stock was sold at an average price of $65.04, for a total value of $108,681.84. Following the completion of the transaction, the chief accounting officer now owns 2,827 shares in the company, valued at approximately $183,868.08. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other news, CAO Merilee Buckley sold 1,671 shares of Etsy stock in a transaction dated Wednesday, April 3rd. The stock was sold at an average price of $65.04, for a total transaction of $108,681.84. Following the completion of the sale, the chief accounting officer now owns 2,827 shares in the company, valued at approximately $183,868.08. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Nicholas Daniel sold 750 shares of Etsy stock in a transaction dated Monday, April 1st. The shares were sold at an average price of $66.01, for a total value of $49,507.50. Following the sale, the insider now owns 19,682 shares of the company’s stock, valued at approximately $1,299,208.82. The disclosure for this sale can be found here. Insiders sold a total of 66,968 shares of company stock worth $4,836,827 in the last quarter. 2.60% of the stock is owned by company insiders.
About Etsy
Etsy, Inc, together with its subsidiaries, operates two-sided online marketplaces that connect buyers and sellers in the United States, the United Kingdom, Germany, Canada, Australia, and France. Its primary marketplace is Etsy.com that connects artisans and entrepreneurs with various consumers. The company also offers Reverb, a musical instrument marketplace; Depop, a fashion resale marketplace; and Elo7, a Brazil-based marketplace for handmade and unique items.
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