Amazon (AMZN, $3,171.90), EBay (EBAY, $58.26) get price target hikes amid pandemic
Jefferies boosted Amazon's price target to $3,800 from $3,100. They raised eBay's price target to $58 from $52, and Etsy’s to $125 from $110.
Analyst Brent Thill cited continued “elevated top-line growth” for e-commerce through June and into July, as pandemic-induced behavioral changes has permanently increased online consumption. According to Jefferies, Amazon and Etsy "are best positioned” to gain over the long-term from the behavioral changes.
Also, Goldman analyst Heath Terry hiked Amazon's price target to $3,800 from $3,000, raised EBAY’s to $56 from $49.
"We expect more medium- and long-term outperformance to come from those companies with models that will benefit beyond the immediate crisis in the form of accelerated network effects, weakened competitive sets, and scale benefits to profitability," Terry wrote.
Tickeron's comparison -- AMZN vs EBAY:
Market capitalization -- EBAY: $40.8B vs. AMZN: $1.5T
Current volume relative to the 65-day Moving Average: EBAY: 55% vs. AMZN: 104%
Brand notoriety: EBAY and AMZN are both notable
EBAY represents the Other Consumer Services, while AMZN is part of the Internet Retail industry
Stock price -- (EBAY: $58.27 vs. AMZN: $3172.40)
Long term analysis
It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).
EBAY’s FA Score shows that 3 FA rating(s) are green while AMZN’s FA Score has 3’s green FA rating(s).
- EBAY’s FA Score: 3 green, 2 red.
- AMZN’s FA Score: 3 green, 2 red.
Short-Term Analysis
It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators.
EBAY’s TA Score shows that 3 TA rating(s) are bullish while AMZN’s TA Score has 2’s bullish TA rating(s).
- EBAY’s TA Score: 3 bullish, 3 bearish.
- AMZN’s TA Score: 2 bullish, 4 bearish.
AMZN vs EBAY: Fundamental Ratings:
Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.
EBAY's Valuation (44) in the Other Consumer Services industry is somewhat better than the same rating for AMZN (96) in the Internet Retail industry. This means that EBAY’s stock grew somewhat faster than AMZN’s over the last 12 months.
AMZN's Profit vs Risk Rating (2) in the Internet Retail industry is in the same range as EBAY (15) in the Other Consumer Services industry. This means that AMZN’s stock grew similarly to EBAY’s over the last 12 months.
EBAY's SMR Rating (11) in the Other Consumer Services industry is somewhat better than the same rating for AMZN (54) in the Internet Retail industry. This means that EBAY’s stock grew somewhat faster than AMZN’s over the last 12 months.
EBAY's Price Growth Rating (2) in the Other Consumer Services industry is in the same range as AMZN (4) in the Internet Retail industry. This means that EBAY’s stock grew similarly to AMZN’s over the last 12 months.
AMZN's P/E Growth Rating (14) in the Internet Retail industry is significantly better than the same rating for EBAY (86) in the Other Consumer Services industry. This means that AMZN’s stock grew significantly faster than EBAY’s over the last 12 months.
