Is ETSY stock overvalued?

Is ETSY stock overvalued?

ETSY is a poor value at its current trading price as investors are paying more than what its worth in relation to the company’s earnings. ETSY’s 12-month-forward PE to Growth (PEG) ratio of 3.71 is considered a poor value as the market is overvaluing ETSY in relation to the company’s projected earnings growth due.

What is the valuation of ETSY?

Valuation Measures 4

As of Date: 11/29/2021 Current 9/30/2020
Price/Sales (ttm) 18.31 13.75
Price/Book (mrq) 66.88 29.16
Enterprise Value/Revenue 16.68 33.45
Enterprise Value/EBITDA 66.33 129.34

Is ETSY a buy right now?

ETSY is holding a Zacks Rank of #2 (Buy) right now. Valuation is also important, so investors should note that ETSY has a Forward P/E ratio of 83.86 right now. This represents a premium compared to its industry’s average Forward P/E of 27.39. Meanwhile, ETSY’s PEG ratio is currently 4.26.

What do analysts say about ETSY stock?

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Stock Price Forecast The 19 analysts offering 12-month price forecasts for ETSY Inc have a median target of 270.00, with a high estimate of 330.00 and a low estimate of 179.00. The median estimate represents a +22.87\% increase from the last price of 219.74.

Where does Etsy’s revenue come from?

The platform generates revenue primarily from three streams: its Marketplace revenue includes a fee of 5\% of final sale value, which an Etsy seller pays for each completed transaction, on top of a listing fee of 20 cents per item; Seller Services, Etsy’s fastest growing revenue stream, includes fees for services such …

Does Etsy pay dividends?

ETSY does not currently pay a dividend.

Is Etsy undervalued?

Etsy’s 3-year average EBITDA growth rate is 80.9\%, which ranks better than 96\% of the companies in the industry of Retail – Cyclical. In conclusion, Etsy (NAS:ETSY, 30-year Financials) stock gives every indication of being modestly undervalued. The company’s financial condition is fair and its profitability is fair.

How much revenue does Etsy make?

In 2018, Etsy garnered a revenue of US$603.7 million and registered a net income of US$41.25 million….Etsy.

Type Public
Revenue US$1.725 Billion (Fiscal Year Ended 31 December 2020)
Operating income US$424.009 Million (Fiscal Year Ended 31 December 2020)
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Is Etsy public?

The company held its initial public offering in April 2015, pricing shares at 16 and raising $267 million. Etsy stock popped 72\% on its first day of trading.

Is Etsy profitable as a company?

In July 2019, the company had a market capitalization of 7.46 billion U.S. dollars. According to industry experts, Etsy is projected to grow its revenue at a 22 percent CAGR between 2019 and 2021. In 2018, Etsy’s marketplace was its most profitable segment with almost 441 billion U.S. dollars in revenues.

Why is Etsy so good?

Etsy operates a global online marketplace where people buy and sell goods. That sounds familiar, but these are often handmade custom goods, vintage stuff, and that’s really their competitive advantage, is more of a unique goods marketplace. It’s a place where you find those kind of products. That’s what drives buyers.

Where is Etsy stock sold?

NASDAQ stock exchange
We’re traded on the NASDAQ stock exchange under the ticker symbol ETSY.

What is the price of Etsy stock?

As of October 2019, the shares have risen from an IPO price of $24.90 to around $57 per share, where it now commands a market cap of just under $7 billion. Etsy is a peer-to-peer (P2P) e-commerce website where users buy and sell handmade crafts, vintage items, art, and photography.

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When did Etsy go public for the first time?

The site launched in 1998 and grew steadily in its first decade, making its one-millionth sale in 2007. One year later in 2008, Etsy received $27 million in venture capital funding. The company announced its IPO in March 2015 and officially went public on April 16 of the same year.

What was Etsy’s price on the third day of 2015?

On April 20, 2015, Etsy’s third day of trading, the stock opened at $28.77 and closed at $24.90. Let’s say you invested in 100 shares of Etsy toward the end of day three when shares were trading at $24.90.

What is Etsy’s profit margin?

Etsy, which is valued at $6.9 billion at the time of writing, reported FY 2018 earnings of $604 million in revenue with a net profit of $77.5 million, or a net profit margin of just under 13\%. Etsy is a peer-to-peer online platform where individuals can buy and sell crafts, handiwork, and found items.