Etsy (ETSY) Expected to Announce Earnings on Wednesday

Etsy (NASDAQ:ETSY) is expected to be posting its Q1 2025 quarterly earnings results before the market opens on Wednesday, April 30th. Analysts expect Etsy to post earnings of $0.53 per share and revenue of $642.22 million for the quarter.

Etsy (NASDAQ:ETSY) last announced its earnings results on Wednesday, February 19th. The specialty retailer reported $1.03 EPS for the quarter, topping the consensus estimate of $0.95 by $0.08. Etsy had a negative return on equity of 46.62% and a net margin of 10.80%. The firm had revenue of $852.16 million for the quarter, compared to analysts’ expectations of $861.37 million. During the same quarter in the previous year, the company earned $0.62 earnings per share. The firm’s quarterly revenue was up 1.2% compared to the same quarter last year. On average, analysts expect Etsy to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Etsy Stock Up 3.1 %

Shares of ETSY stock opened at $45.93 on Wednesday. Etsy has a fifty-two week low of $40.05 and a fifty-two week high of $71.72. The stock has a market capitalization of $4.92 billion, a P/E ratio of 19.38, a P/E/G ratio of 2.57 and a beta of 2.15. The stock has a 50-day simple moving average of $47.33 and a 200 day simple moving average of $51.42.

Insider Transactions at Etsy

In other news, insider Toni Thompson Nadal sold 1,444 shares of the stock in a transaction that occurred on Thursday, April 3rd. The stock was sold at an average price of $48.30, for a total value of $69,745.20. Following the completion of the sale, the insider now directly owns 592 shares of the company’s stock, valued at approximately $28,593.60. This represents a 70.92 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Josh Silverman sold 21,666 shares of the business’s stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $52.05, for a total transaction of $1,127,715.30. Following the transaction, the chief executive officer now owns 5,004 shares in the company, valued at approximately $260,458.20. The trade was a 81.24 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 50,952 shares of company stock worth $2,554,620. 2.60% of the stock is owned by insiders.

Analysts Set New Price Targets

ETSY has been the subject of a number of recent research reports. Morgan Stanley cut their price objective on Etsy from $44.00 to $40.00 and set an “underweight” rating for the company in a research report on Thursday, April 17th. Bank of America lowered their price target on Etsy from $55.00 to $50.00 and set a “neutral” rating on the stock in a report on Tuesday, April 8th. Needham & Company LLC restated a “buy” rating and set a $60.00 price objective on shares of Etsy in a research report on Thursday, February 20th. Piper Sandler dropped their target price on Etsy from $52.00 to $40.00 and set a “neutral” rating on the stock in a report on Friday, April 11th. Finally, Citigroup lowered their price objective on shares of Etsy from $56.00 to $53.00 and set a “neutral” rating on the stock in a research report on Thursday, February 20th. Four equities research analysts have rated the stock with a sell rating, fifteen have issued a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $56.00.

Etsy Company Profile

Etsy, Inc, together with its subsidiaries, operates two-sided online marketplaces that connect buyers and sellers in the United States, the United Kingdom, Germany, Canada, Australia, and France. Its primary marketplace is Etsy.com that connects artisans and entrepreneurs with various consumers. The company also offers Reverb, a musical instrument marketplace; Depop, a fashion resale marketplace; and Elo7, a Brazil-based marketplace for handmade and unique items.