In today’s session Etsy Inc (ETSY) registered an unusually high (193) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the November, 2016 call, expecting serious ETSY increase. With 193 contracts traded and 101904 open interest for the Nov, 16 contract, it seems this is a quite bullish bet. The option with symbol: ETSY161118C00015000 closed last at: $1.15 or 17.9% down. About 543,533 shares traded hands. Etsy Inc (NASDAQ:ETSY) has risen 60.00% since March 14, 2016 and is uptrending. It has outperformed by 54.39% the S&P500.
Analysts await Etsy Inc (NASDAQ:ETSY) to report earnings on November, 1. They expect $-0.02 earnings per share, up 66.67% or $0.04 from last year’s $-0.06 per share. After $-0.06 actual earnings per share reported by Etsy Inc for the previous quarter, Wall Street now forecasts -66.67% EPS growth.
Etsy Inc (NASDAQ:ETSY) Ratings Coverage
Out of 9 analysts covering Etsy (NASDAQ:ETSY), 4 rate it a “Buy”, 2 “Sell”, while 3 “Hold”. This means 44% are positive. Etsy has been the topic of 18 analyst reports since August 4, 2015 according to StockzIntelligence Inc. The firm has “Sell” rating by Roth Capital given on Tuesday, December 22. Maxim Group initiated Etsy Inc (NASDAQ:ETSY) on Thursday, May 26 with “Buy” rating. The firm has “Neutral” rating by Monness Crespi & Hardt given on Wednesday, November 11. Brean Capital maintained the shares of ETSY in a report on Wednesday, August 5 with “Buy” rating. Maxim Group maintained the shares of ETSY in a report on Monday, September 26 with “Buy” rating. On Tuesday, October 20 the stock rating was upgraded by Wedbush to “Neutral”. The rating was maintained by Brean Capital with “Buy” on Saturday, August 29. The stock of Etsy Inc (NASDAQ:ETSY) earned “Buy” rating by Brean Capital on Wednesday, November 4. The firm has “Sell” rating by TH Capital given on Tuesday, December 22. The rating was initiated by Topeka Capital Markets with “Hold” on Wednesday, November 18.
According to Zacks Investment Research, “Etsy, Inc. offers e-commerce services. It provides online and offline marketplaces to buy and sell goods. The company’s product include art, home and living, mobile accessories, jewelry, wedding, and others. It operates primarily in Berlin, Germany, Dublin, Ireland, Hudson, New York, London, United Kingdom, Melbourne, Australia, Paris, France, San Francisco, California and Toronto, Canada. Etsy, Inc. is headquartered in Brooklyn, New York.”
Etsy, Inc. operates a marketplace to connect people around the both online and offline for making, selling and buying goods. The company has a market cap of $1.60 billion. The Company’s geographical divisions include United States and International. It currently has negative earnings. The Company’s community includes Etsy sellers, Etsy buyers, wholesale partners, manufacturers and Etsy employees.
ETSY Company Profile
Etsy, Inc. (Etsy), incorporated on February 14, 2006, operates a marketplace to connect people around the both online and offline for making, selling and buying goods. The Company’s geographical divisions include United States and International. The Company’s community includes Etsy sellers, Etsy buyers, wholesale partners, manufacturers and Etsy employees. The Company’s platform includes marketplace, Seller Services, technology and community, both online and offline. The Firm offers a range of services to help Etsy sellers build their personal brands, engage clients and complete transactions. The Firm has over three seller services: Promoted Listings, Direct Checkout and Shipping Labels. The Company’s Promoted Listings offering enables an Etsy seller to pay a cost-per-click fee to feature and promote her goods in search results generated by Etsy buyers on its platform. This service allows an Etsy seller to target Etsy buyers searching for goods similar to those she offers for sale.
More important recent Etsy Inc (NASDAQ:ETSY) news were published by: Fool.com which released: “Despite Rising Competition, Etsy Inc Is Here to Stay” on October 11, 2016, also Profitconfidential.com published article titled: “Etsy Inc: Why ETSY Stock Is Heading Vertical”, Profitconfidential.com published: “Etsy Inc: If Esty Stock Pulls This Off, it will Skyrocket” on September 18, 2016. More interesting news about Etsy Inc (NASDAQ:ETSY) was released by: Schaeffersresearch.com and their article: “Etsy Inc (ETSY) Options Traders Take Aim at Higher Highs” with publication date: October 04, 2016.
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