Etsy(ETSY)

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Etsy (ETSY) Stock Slides as Market Rises: Facts to Know Before You Trade
Zacks Investment Research· 2024-04-03 23:06
In the latest market close, Etsy (ETSY) reached $65.15, with a -0.05% movement compared to the previous day. This move lagged the S&P 500's daily gain of 0.11%. Elsewhere, the Dow saw a downswing of 0.11%, while the tech-heavy Nasdaq appreciated by 0.23%.The online crafts marketplace's shares have seen a decrease of 4.92% over the last month, not keeping up with the Computer and Technology sector's gain of 1.54% and the S&P 500's gain of 1.5%.The upcoming earnings release of Etsy will be of great interest t ...
3 Growth Stocks to Sell in April Before They Crash & Burn
InvestorPlace· 2024-04-03 18:36
Investors load up on growth stocks in hopes of outperforming popular stock market benchmarks like the S&P 500 and the Nasdaq 100. It’s possible to outshine these indices, but some growth stocks lose their charm. A corporation that previously reported superb financial growth can see its growth rates wither. If that happens, shareholder value can quickly get decimated. Other growth stocks are well past their primes and look ripe for a correction or a sharp decline as earnings approach. Not every growth stock ...
Better Than ChatGPT? New Super AI Bot Says Buy These 3 Stocks.
InvestorPlace· 2024-04-01 12:35
It’s been nearly one and a half years since ChatGPT went live, but it sure doesn’t feel like it. ChatGPT has shaken up many sectors, and triggered an AI revolution. I would argue that ChatGPT is the biggest reason why the ‘Magnificent 7’ stocks have done so well. This rally, in turn, has driven the broader market higher alongside these stocks.However, this does not mean that ChatGPT is the only AI model in town. Other companies have been racing to make their own AI models. Indeed, many AI models have found ...
Down 34% in a Year, Is Etsy Stock a Buy?
The Motley Fool· 2024-03-20 08:55
A huge rally since early 2023 has made it harder for investors to find obvious values in the stock market. That's especially true in the tech world. The Nasdaq Composite index is up 40% in the past year, after all, and many popular stocks have logged gains of double or triple that result.Etsy (ETSY 1.17%) stock isn't one of these winners. The marketplace platform specialist sat out the recent rally, with shares down more than 30% in a year.You don't usually see that level of underperformance unless there ar ...
My Wife Loves Etsy: Buy What You Know, High Margins And Cheap Valuation
Seeking Alpha· 2024-03-19 03:40
grinvalds This is the third article in a series, where my wife's favorite pursuits are highlighted as stock buys. I am looking for inexpensive company valuations, on top of strong everyday consumer trends. The first effort discussed the crafting-demand angle for Dollar Tree (DLTR) in September here. My second suggestion was the leading perfume and make-up company Estée Lauder (EL), written in December here. Both have performed admirably, with Dollar Tree initially rising better than +40% in the months after ...
Etsy, Inc. (ETSY) Presents at Canaccord Genuity's 4th Annual eCommerce Sustainable Advantage Conference (Transcript)
2024-03-14 23:08
Summary of Etsy, Inc. Conference Call Company Overview - **Company**: Etsy, Inc. (NASDAQ:ETSY) - **Participants**: - Josh Silverman - CEO - Rachel Glaser - CFO - Deb Wasser - VP, IR - **Conference Date**: March 14, 2024 Key Industry Insights - **E-commerce Landscape**: The e-commerce sector is facing increased competition from big box retailers like Amazon, Walmart, and new entrants like Temu and Shein, which have gained market share by offering lower prices and faster shipping [doc id='17'][doc id='24']. Core Company Performance Metrics - **Gross Merchandise Sales (GMS)**: - 2017: $3.3 billion - 2023: $12 billion, a 3.5x increase [doc id='5'][doc id='6']. - **Active Sellers**: - 2017: 2 million - 2023: 7 million [doc id='6']. - **Active Buyers**: - 2017: 33 million - 2023: 92 million [doc id='6']. - **Revenue Growth**: - 2017: $444 million - 2023: $2.6 billion, a fourfold increase [doc id='6']. - **EBITDA Growth**: - 2017: $80 million - 2023: $754 million, a ninefold increase [doc id='6']. Strategic Priorities - **Consumer Experience**: Focus on improving search functionality and brand awareness to enhance consumer experience [doc id='4'][doc id='9']. - **Gift Mode Initiative**: Launched to increase buyer consideration during gifting occasions, targeting a $200 billion U.S. gifting market [doc id='11'][doc id='13']. - **Shipping Improvements**: Plans to reduce shipping times by at least two days and improve shipping price predictability [doc id='15']. - **International Fulfillment**: Enhancements in international shipping to make it as easy as domestic purchases [doc id='16']. Competitive Positioning - **Unique Value Proposition**: Etsy aims to differentiate itself from competitors by emphasizing quality, artisanal products, and a unique shopping experience rather than competing on price [doc id='19'][doc id='20']. - **Market Share Dynamics**: While Temu has gained significant market share, Etsy does not perceive itself as disproportionately impacted, maintaining a distinct brand identity [doc id='24'][doc id='25']. Financial Guidance - **Q1 GMS Guidance**: Expected low single-digit to mid-single-digit declines, with a take rate of 21% to 21.5% [doc id='31'][doc id='32']. - **Full Year Guidance**: Anticipates Q1 to be the low point for GMS, with margins expected to be at least as high as 2023 levels [doc id='33']. Marketing and Advertising Strategy - **Brand Marketing**: Increased focus on brand marketing, with a 24% rise in spending last quarter [doc id='45']. - **Performance Marketing**: 80% of GMS comes from free channels, with a dynamic approach to paid advertising based on ROI [doc id='51']. Technology and Innovation - **Search Functionality**: Significant investments in AI and machine learning to enhance search capabilities and improve buyer experience [doc id='63'][doc id='64']. - **Chat-based Search Tools**: Exploring the integration of chatbots to assist buyers in finding products more effectively [doc id='67']. Conclusion - **Future Outlook**: Etsy is positioned to continue growing by leveraging its unique brand identity, enhancing consumer experience, and capitalizing on market opportunities in gifting and international fulfillment [doc id='69'][doc id='71'].
1 Incredible Growth Stock Down 77% You'll Regret Not Buying on the Dip
The Motley Fool· 2024-03-10 14:15
Investing in growth stocks requires a lot of patience and a tolerance for pain. A growth stock could go up much faster than the market, but it could also fall a lot harder.Such is the case of Etsy (ETSY 5.72%). The once high-flying stock, fueled by a deluge of early pandemic purchases, is currently suffering a massive hangover in its earnings three years later. Shares currently trade around 77% below their all-time high reached in 2021.To be sure, Etsy's most recent earnings report was disappointing. Gross ...
Etsy: Planting Seeds For Success In 2024
Seeking Alpha· 2024-03-10 07:01
Michael M. Santiago Most tech stocks, alongside the S&P 500, are at multi-year highs driven by enthusiasm for AI and hope for a more benign Fed rate policy. But amid such expensive conditions in the market, I'm on the hunt for stocks that have less downside risk and have already corrected somewhat this year. Etsy (NASDAQ:ETSY) is one of these names. The arts-and-crafts e-commerce website has sunk more than 10% year to date, with losses picking up after the company posted a mixed Q4 earnings quarter in l ...
Etsy (ETSY) Stock Dips While Market Gains: Key Facts
Zacks Investment Research· 2024-03-07 23:55
The most recent trading session ended with Etsy (ETSY) standing at $68.40, reflecting a -0.31% shift from the previouse trading day's closing. This change lagged the S&P 500's 1.03% gain on the day. Elsewhere, the Dow saw an upswing of 0.34%, while the tech-heavy Nasdaq appreciated by 1.51%.Shares of the online crafts marketplace have depreciated by 6.35% over the course of the past month, underperforming the Computer and Technology sector's gain of 2.52% and the S&P 500's gain of 3.21%.The investment commu ...
1 Growth Stock Down 77% to Buy Right Now
The Motley Fool· 2024-03-07 13:00
After registering booming sales during the pandemic, Etsy's (ETSY 0.09%) business has cooled off considerably. Whether it's macro headwinds or the normalization of consumer behavior, growth is difficult to come by these days.This has pummeled its shares. As of March 4, this leading e-commerce stock is down 77% from its peak price, set in November 2021.Don't let the disappointing performance of the share price discourage you, though. This remains a top growth stock to buy right now. Here's why.Standing outTh ...