ETSY Stock Recent News
ETSY LATEST HEADLINES
Etsy's user metrics are at all-time highs, its profit margins remain solid, and management is returning cash to shareholders. The stock trades at 12 times its trailing free cash flow, which is cheap.
Etsy's sales volumes have been essentially flat for the past two years. The company is profitable and cash-flow positive.
Etsy stock is undervalued, with many financial metrics 3x the level of 2019, despite a flat share quote vs. five years ago. The price-to-sales ratio is near record lows at the same time as FCF/earnings yields are near record highs. Technical indicators suggest a bottoming process is close to ending, where purchasing shares at a lower price could improve future investment performance.
The global pandemic has profoundly reshaped the retail stock market. Due to movement restrictions and safety measures, customers avoided going to stores and turned to e-commerce instead.
Etsy (ETSY) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Etsy has struggled to maintain its sales growth after a pandemic-fueled surge. In response, the e-commerce platform has managed to raise seller fees.
Etsy's stock has corrected somewhat this year, making it a potential investment opportunity. The company has maintained high profit margins and is expected to see a return to growth in Q2. Etsy has a larger buyer base and higher average spend per buyer since pre-pandemic, making it a strong competitor in the e-commerce market.
Etsy (ETSY) closed the most recent trading day at $68.40, moving -0.31% from the previous trading session.
Etsy's growth has stalled due to macro headwinds, but the business has a differentiated offering that helps it stand out. Etsy's margins have expanded over time due to its asset-light business model.
Breakthrough stocks are companies that possess significant potential for growth. These companies are struggling to attract Nvidia (NASDAQ: NVDA )-like attention because of lost momentum.