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Etsy (ETSY) Laps the Stock Market: Here's Why
Zacks Investment Research· 2024-01-29 23:56
The most recent trading session ended with Etsy (ETSY) standing at $70.82, reflecting a +1.86% shift from the previouse trading day's closing. The stock's change was more than the S&P 500's daily gain of 0.76%. Elsewhere, the Dow saw an upswing of 0.59%, while the tech-heavy Nasdaq appreciated by 1.12%.The online crafts marketplace's shares have seen a decrease of 14.21% over the last month, not keeping up with the Computer and Technology sector's gain of 4.99% and the S&P 500's gain of 2.5%.The upcoming ea ...
Will Etsy (ETSY) Beat Estimates Again in Its Next Earnings Report?
Zacks Investment Research· 2024-01-29 18:11
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Etsy (ETSY) , which belongs to the Zacks Internet - Services industry.When looking at the last two reports, this online crafts marketplace has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 66.53%, on average, in the last two quarters.For the last reported quarter, Etsy came out with earnings of $0.64 per share ...
Here is What to Know Beyond Why Etsy, Inc. (ETSY) is a Trending Stock
Zacks Investment Research· 2024-01-26 15:01
Etsy (ETSY) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this online crafts marketplace have returned -15.1%, compared to the Zacks S&P 500 composite's +3.1% change. During this period, the Zacks Internet - Services industry, which Etsy falls in, has gained 6.9%. The key question now is: What could be the stock's future direction?Although media reports ...
1 S&P 500 Stock to Buy Before It Soars 105% in 2024, According to a Wall Street Analyst
The Motley Fool· 2024-01-26 10:10
The S&P 500 advanced 24% in 2023, its third-best annual performance of the past decade. Those gains were largely confined to the technology, communications services, and consumer discretionary sectors. The Magnificent Seven stocks factored heavily into that outcome, as did excitement about artificial intelligence.Meanwhile, the other eight market sectors underperformed the S&P 500. The utilities, energy, and consumer staples sectors actually declined as investors rotated away from defensive industries, and ...
THIRD MAN HARDWARE AND DONNER RELEASE THE TRIPLE THREAT
Prnewswire· 2024-01-25 18:00
In collaboration with Donner, Jack White of Third Man Hardware, developed the three sounds of The Triple Threat.ANAHEIM, Calif., Jan. 25, 2024 /PRNewswire/ -- Third Man Hardware has partnered with Donner to create the Triple Threat, a 3-in-1 analog multi-effects pedal.The Triple Threat is an analog multi-effects pedal designed by Third Man Hardware and manufactured by Donner. White Stripes lead man and the founder of Third Man Hardware Jack White took interest in Donner's Alpha series pedals released in 201 ...
Where Will Etsy Stock Be in 3 Years?
The Motley Fool· 2024-01-25 12:23
Etsy (ETSY -2.71%) has taken investors on a wild ride over the past few years. The online marketplace specialist's shares soared through most of the pandemic but fell hard during the subsequent pullback in e-commerce and consumer discretionary spending. If you bought Etsy stock a year ago, you'd be looking at losses of nearly 50% right now.Yet its industry should eventually rebound. And in the meantime, Etsy is making aggressive moves aimed at reducing costs and accelerating growth. Let's see how these fact ...
Etsy Launches AI-Powered Shopping Tool for Selecting Gifts
PYMNTS· 2024-01-24 15:12
Etsy has launched a hub that uses artificial intelligence (AI) and human curation to help shoppers find gifts for any occasion.The new Gift Mode is interactive and helps shoppers discover gifts that align with the recipient’s specific interests, Etsy CEO Josh Silverman wrote in a Wednesday (Jan. 24) announcement.“Gift Mode helps to solve two of the most vexing problems for givers,” Silverman said. “One, finding the perfect gift, something that feels creative and personal even if the gifter doesn’t doesn’t k ...
Etsy's 30% Slump in 2023 Could Be a Brilliant Entry Point for Returns in 2024 and Beyond
The Motley Fool· 2024-01-24 06:59
Let's talk Etsy (ETSY -0.85%), the 2024 edition.Last year, the e-commerce site's stock price took a 30% nosedive. CEO Josh Silverman noted at the end of 2023 that the company faced a "challenging environment for spending" on the types of goods the company helps sell through its online marketplace. Gross merchandise sales (GMS) grew by only 1.2%, and external pressures including inflation weighed heavily on consumer-to-consumer sales. It may sound like trouble in paradise, but there's more to this story than ...
Etsy (ETSY) Surpasses Market Returns: Some Facts Worth Knowing
Zacks Investment Research· 2024-01-22 23:56
Etsy (ETSY) closed the most recent trading day at $70.82, moving +0.23% from the previous trading session. The stock outperformed the S&P 500, which registered a daily gain of 0.22%. Meanwhile, the Dow experienced a rise of 0.36%, and the technology-dominated Nasdaq saw an increase of 0.32%.Coming into today, shares of the online crafts marketplace had lost 16.82% in the past month. In that same time, the Computer and Technology sector gained 3.64%, while the S&P 500 gained 1.61%.Analysts and investors alik ...
1 Magnificent Growth Stock Down 66% that Could Roar Higher in 2024
The Motley Fool· 2024-01-22 11:05
Though many growth stocks skyrocketed last year, leading the three major indexes higher, some quality players got stuck on the sidelines. And one of those promising players is Etsy (ETSY 2.08%), an e-commerce company that connects sellers of handmade items with buyers. In fact, over the past three years, the stock has dropped about 66%.Investors worried that customers, watching their wallets amid rising inflation, may put off discretionary purchases -- and these cautious investors haven't been entirely wron ...