EBAY - Embedded Expectations Analysis - 2019 02 12
eBay Inc. (EBAY:USA) is currently trading well below corporate averages relative to UAFRS-based (Uniform) Earnings, with a 12.2x Uniform P/E, implying bearish expectations for the firm. However, management is confident in their marketplace and payment platforms, targeted product enhancements, and ability to improve marginsSpecifically, management is confident in their marketplace platform growth, as well as the potential returns from their payments initiative. Additionally, management is confident in the Indian domestic buying experience, and planned tactical and targeted product enhancements. Moreover, management is confident in the marketing expenditure for their Japanese acquisition, benefits of share repurchases on EPS, and their ability to increase operating income and improve margins
eBay is a global commerce provider, which includes its Marketplace, StubHub and Classifieds platforms. The company's Marketplace platforms include its online marketplace located at www.ebay.com, its localized counterparts and the eBay suite of mobile apps. The company's StubHub platforms include its online ticket platform located at www.stubhub.com, its localized counterparts and the StubHub mobile apps. These platforms connect fans with their favorite sporting events, shows and artists and enable them to buy and sell tickets whenever and wherever they want. The company's Classifieds platforms include a collection of brands such as mobile.de, Kijiji, Gumtree, Marktplaats, eBay Kleinanzeigen and others.
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