ETSY - Embedded Expectations Analysis - 2018 05 15
Etsy, Inc. (ETSY:USA) currently trades above corporate averages relative to UAFRS-based (Uniform) Earnings, with a 31.8x Uniform P/E, implying bullish expectations for the firm. However, management has concerns about growth, initiatives, and technologySpecifically, management may lack confidence in their ability to deliver a better customer experience, and may have concerns about their infrastructure enhancements, in terms of their ability to help facilitate growth going forward. Furthermore, they may have concerns about their trust and reliability initiatives, and may lack confidence in the sustainability of improvements in their marketing capabilities. Also, they may have concerns about their new order management system for sellers, and may lack confidence in their ability to drive buyer frequency in the future
Etsy provides sellers a marketplace with buyers along with a range of seller tools and services that are specifically designed to help its creative entrepreneurs generate more sales and scale their businesses. The company's platform includes the Etsy and Reverb Holdings, Inc. (Reverb) online marketplaces, its seller tools and services, its engaged sellers and buyers, and its technology. The company's primary marketplace, Etsy.com, is where buyers come to discover a selection of goods that are hard to find elsewhere. Reverb, the company's subsidiary, operates as a standalone marketplace. This two-sided marketplace connects buyers and sellers of new, used, and vintage musical gear from all over the world.
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