Weak Guidance Shows That ETSY Stock Is Feeling the E-Commerce …

Etsy stock has been in free fall since the recent earnings call. One of this morning’s biggest pre-market losers, it saw shares fall 11% before trading began. Since … See more

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Weak Guidance Shows That ETSY Stock Is Feeling The E-Commerce …

2 weeks from now

Etsy stock has been in free fall since the recent earnings call. One of this morning’s biggest pre-market losers, it saw shares fall 11% before trading began. Since … See more

investorplace.com

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Etsy Stock Drops After Mixed Q4 Results, Weak Guidance

2 weeks from now

Feb 21, 2024 · Etsy reported quarterly earnings of 62 cents per share which missed the analyst consensus estimate of 78 cents by 20.51%. The company reported quarterly sales of $842.3 …

benzinga.com

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Why Etsy Stock Slumped This Week - Nasdaq

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May 3, 2024 · Etsy (NASDAQ: ETSY) stock trailed the market by a wide margin this week, falling 14% through Thursday trading according to data provided by S&P Global Market Intelligence. …

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Why Did Etsy Stock Fall More Than 35% In The Last 12 Months?

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Jan 12, 2024 · On one hand, Etsy's weak performance in 2022 was acceptable since all e-commerce companies had a tough time that year. For instance, Shopify's gross merchandise …

yahoo.com

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Etsy Stock (NASDAQ:ETSY): Unattractive Growth ... - Markets Insider

2 weeks from now

Feb 2, 2023 · ETSY stock is currently trading at over 36 times forward cash flow estimates, about 200% higher than the sector median. Additionally, it trades at 7 times forward sales estimates, …

businessinsider.com

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Etsy: With Weak Growth Heading Into A Potential Recession, I'd …

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Aug 14, 2024 · After posting weak results in Q2, shares of Etsy collapsed further, bringing year-to-date losses to over 30%. My take: don't expect Etsy to recover anytime soon, if even at all. …

seekingalpha.com

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Etsy's SWOT Analysis: Stock Faces Headwinds, But Strategic …

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With a total addressable market of approximately $2 trillion, of which around $500 billion is already online, Etsy has positioned itself as a niche player in the e-commerce space.

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The Continued Weakness Of Etsy Stock Is An Opening

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Jun 9, 2021 · After peaking at an all-time high of $251.86 on Mar. 2, however, ETSY has now tumbled. Even a monster first quarter failed to halt the slide — in fact, shares fell in response.

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FAQs about Weak Guidance Shows That ETSY Stock Is Feeling the E-Commerce … Coupon?

Why were Etsy shares dragged down last week?

Last week, shares of Etsy, eBay and Wayfair were all dragged down after Amazon reported sales and gave a forecast that fell short of expectations. ...

Is Etsy a good stock?

As a stock, Etsy's chief merit is that its declines have rendered it cheap. At current share prices near $54, Etsy trades at a $6.20 billion market cap; and after netting off the $1.14 billion of cash and investments against $2.29 billion of debt on its latest balance sheet, Etsy's resulting enterprise value is $7.35 billion. ...

Why is Etsy losing market share?

When times get tough and people are looking to cut back on spending, these discretionary purchases can easily be delayed, especially when compared to essentials like food and rent. This helps explain why Etsy has been losing market share in the e-commerce sector in the last two years. ...

Does Etsy have a strong e-commerce platform?

These two data points, GMS and active users, are important indicators of the e-commerce platform's strength. As these two figures get bigger, there's no doubt that Etsy will become a more successful enterprise with greater sales and profits. ...

Is Etsy a risk if GMS results weaken?

Meanwhile, for the current fiscal year FY24, Wall Street analysts are expecting Etsy to generate $2.81 billion in revenue, or 2.4% y/y top-line growth (roughly in line with first-half actual growth of 1.9% y/y, which could spell risk for the remainder of the year if GMS results do weaken). ...

Why did Etsy drop in Q2?

Etsy has fallen sharply after posting weak Q2 results, primarily owing to declining gross merchandise sales (GMS). The company has also shifted its FY24 outlook language again, no longer citing confidence in the ability to accelerate GMS in the second half of FY24. ...