Etsy Inc Stock Today

ETSY Stock  USD 66.07  0.19  0.29%   

Performance

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Odds Of Distress

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Etsy is trading at 66.07 as of the 18th of March 2024; that is -0.29 percent decrease since the beginning of the trading day. The stock's open price was 66.26. Etsy has about a 25 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Etsy Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 17th of February 2024 and ending today, the 18th of March 2024. Click here to learn more.
Business Domain
Consumer Discretionary Distribution & Retail
IPO Date
16th of April 2015
Category
Consumer Cyclical
Classification
Consumer Discretionary
Etsy, Inc. operates two-sided online marketplaces that connect buyers and sellers primarily in the United States, the United Kingdom, Germany, Canada, Australia, France, and India. Etsy, Inc. was founded in 2005 and is headquartered in Brooklyn, New York. The company has 118.49 M outstanding shares of which 16.2 M shares are currently shorted by private and institutional investors with about 3.67 trading days to cover. More on Etsy Inc

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Etsy Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Etsy's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Etsy or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
President CEOJoshua Silverman
Old NameUBS ETF - Factor MSCI EMU Total Shareholder Yield UCITS ETF (hedged to GBP) A-dis
Business ConcentrationInternet & Direct Marketing Retail, Consumer Discretionary Distribution & Retail, Consumer Discretionary, SP 500 Index, NASDAQ Composite, NASDAQ Composite Total, Consumer Discretionary, Internet & Direct Marketing Retail, Internet Retail, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Analysts covering Etsy report their recommendations after researching Etsy's financial statements, talking to executives and customers, or listening in on Etsy's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Etsy Inc. The Etsy consensus assessment is calculated by taking the average forecast from all of the analysts covering Etsy.
Financial Strength
Based on the key measurements obtained from Etsy's financial statements, Etsy Inc is performing exceptionally good at the moment. It has a great risk to report excellent financial results in April. Financial strength of Etsy Inc is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.611.0235
Way Down
Slightly volatile
Gross Profit Margin0.540.6985
Significantly Down
Very volatile
Total Current Liabilities746.3 M710.8 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total2.6 B2.5 B
Sufficiently Up
Slightly volatile
Total Assets1.6 B2.7 B
Way Down
Slightly volatile
Total Current Assets929.8 M1.6 B
Way Down
Slightly volatile
Total Cash From Operating Activities740.8 M705.5 M
Sufficiently Up
Slightly volatile
Etsy's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Etsy's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Etsy's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Etsy's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Etsy's financial leverage. It provides some insight into what part of Etsy's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Etsy's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Etsy deploys its capital and how much of that capital is borrowed.
Liquidity
Etsy cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 2.39 B in liabilities with Debt to Equity (D/E) ratio of 4.11, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Etsy Inc has a current ratio of 2.87, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Etsy until it has trouble settling it off, either with new capital or with free cash flow. So, Etsy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Etsy Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Etsy to invest in growth at high rates of return. When we think about Etsy's use of debt, we should always consider it together with cash and equity.

Capital Expenditures

24.21 Million
Etsy Inc (ETSY) is traded on NASDAQ Exchange in USA. It is located in 117 Adams Street, Brooklyn, NY, United States, 11201 and employs 2,420 people. Etsy is listed under Internet & Direct Marketing Retail category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 7.85 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Etsy's market, we take the total number of its shares issued and multiply it by Etsy's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Etsy Inc conducts business under Internet & Direct Marketing Retail sector and is part of Consumer Discretionary industry. The entity has 118.49 M outstanding shares of which 16.2 M shares are currently shorted by private and institutional investors with about 3.67 trading days to cover. Etsy Inc currently holds about 1.01 B in cash with 705.51 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.95.
Check Etsy Probability Of Bankruptcy
Ownership Allocation
Etsy Inc retains a total of 118.49 Million outstanding shares. The majority of Etsy Inc outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Etsy Inc to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Etsy. Please pay attention to any change in the institutional holdings of Etsy Inc as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Etsy Ownership Details

Etsy Stock Price Odds Analysis

Based on a normal probability distribution, the odds of Etsy jumping above the current price in 90 days from now is more than 94.0%. The Etsy Inc probability density function shows the probability of Etsy stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.7121 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Etsy will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Etsy Inc is significantly underperforming NYSE Composite.
  Odds Below 66.07HorizonTargetOdds Above 66.07
6.02%90 days
 66.07 
93.93%
Based on a normal probability distribution, the odds of Etsy to move above the current price in 90 days from now is more than 94.0 (This Etsy Inc probability density function shows the probability of Etsy Stock to fall within a particular range of prices over 90 days) .

Etsy Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Etsy that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Etsy's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Etsy's value.
InstituionRecorded OnShares
Elliott Investment Management L.p.2023-12-31
1.9 M
Amvescap Plc.2023-12-31
1.8 M
Renaissance Technologies Corp2023-12-31
1.8 M
Bank Of America Corp2023-12-31
1.6 M
Hmi Capital Management, L.p.2023-12-31
1.6 M
Citadel Advisors Llc2023-09-30
1.6 M
Artisan Partners Limited Partnership2023-12-31
1.6 M
Amundi2023-12-31
1.6 M
Bank Of New York Mellon Corp2023-12-31
1.4 M
Vanguard Group Inc2023-12-31
13.4 M
Goldman Sachs Group Inc2023-12-31
10.4 M
View Etsy Diagnostics

Etsy Historical Income Statement

Etsy Inc Income Statement is one of the three primary financial statements used for reporting Etsy's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Etsy Inc revenue and expense. Etsy Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Etsy's Net Income is fairly stable compared to the past year. Net Income From Continuing Ops is likely to rise to about 322.9 M in 2024, whereas Depreciation And Amortization is likely to drop slightly above 45.9 M in 2024. View More Fundamentals

Etsy Stock Against Markets

Picking the right benchmark for Etsy stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Etsy stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Etsy is critical whether you are bullish or bearish towards Etsy Inc at a given time. Please also check how Etsy's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Etsy without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Etsy Corporate Directors

Etsy corporate directors refer to members of an Etsy board of directors. The board of directors generally takes responsibility for the Etsy's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Etsy's board members must vote for the resolution. The Etsy board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.

How to buy Etsy Stock?

Before investing in Etsy, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Etsy. To buy Etsy stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Etsy. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Etsy stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Etsy Inc stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Etsy Inc stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Etsy Inc, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Etsy Stock please use our How to Invest in Etsy guide.

Already Invested in Etsy Inc?

The danger of trading Etsy Inc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Etsy is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Etsy. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Etsy Inc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Etsy Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Etsy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Etsy Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Etsy Inc Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Etsy Inc. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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When running Etsy's price analysis, check to measure Etsy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Etsy is operating at the current time. Most of Etsy's value examination focuses on studying past and present price action to predict the probability of Etsy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Etsy's price. Additionally, you may evaluate how the addition of Etsy to your portfolios can decrease your overall portfolio volatility.
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Is Etsy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Etsy. If investors know Etsy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Etsy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.18)
Earnings Share
2.24
Revenue Per Share
22.435
Quarterly Revenue Growth
0.043
Return On Assets
0.0883
The market value of Etsy Inc is measured differently than its book value, which is the value of Etsy that is recorded on the company's balance sheet. Investors also form their own opinion of Etsy's value that differs from its market value or its book value, called intrinsic value, which is Etsy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Etsy's market value can be influenced by many factors that don't directly affect Etsy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Etsy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Etsy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Etsy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.