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Is It Time to Sell Etsy? Here Are 2 Better Stocks to Buy Now
fool.com· 2024-05-18 16:11
It looks cheap, but growth has stalled for more than a year.In this video, Motley Fool contributors Jason Hall and Jeff Santoro break down why it might be time to move on from Etsy (ETSY -0.19%) and offer up two stocks they think are better buys right now, Amazon (AMZN 0.58%) and Shopify (SHOP 1.25%).*Stock prices used were from the afternoon of May 15, 2024. The video was published on May 17, 2024. ...
Etsy to Participate in Upcoming Investor Conferences
PRNewsWire· 2024-05-15 04:05
BROOKLYN, N.Y., May 14, 2024 /PRNewswire/ -- Etsy, Inc. (Nasdaq: ETSY), which operates two-sided online marketplaces that connect millions of passionate and creative buyers and sellers around the world, today announced participation at the following webcasted investor events, which you can find on our investor relations website at investors.etsy.com.52nd Annual J.P. Morgan Global Technology, Media and Communications Conference in Boston on May 21, 2024 at 11:30 a.m. ET.Bernstein TMT Forum and Strategic Deci ...
Is This Beaten-Down Stock a Millionaire Maker?
The Motley Fool· 2024-05-12 15:04
It's easy to be overly pessimistic about Etsy, but there are reasons to be bullish.For many investors, an ideal outcome is to find a business that can turn relatively modest investments into a $1 million position one day. By focusing on high-quality businesses trading at compelling valuations, getting to that seven-figure number is a possibility over the long term.But could Etsy (ETSY -2.41%) be the kind of stock that could get you there? The e-commerce company's shares currently trade 79% below their all-t ...
Tim Holley Joins MyFitnessPal as Chief Product Officer
Prnewswire· 2024-05-10 21:08
The seasoned veteran brings over 15 years of product experience to the leading global nutrition tracking appNEW YORK, May 10, 2024 /PRNewswire/ -- MyFitnessPal, the #1 global nutrition and food tracking app, today announced that it has appointed Tim Holley as Chief Product Officer. In this role, Tim will apply his extensive experience driving sustained growth through reliable delivery of innovative and engaging consumer experiences to help users around the world achieve their nutrition and wellness goals wi ...
3 Must-Know Facts About Etsy Before You Buy the Stock
The Motley Fool· 2024-05-09 17:51
This struggling e-commerce marketplace still has some attractive characteristics.Investors have not been too pleased with Etsy (ETSY -0.32%) in recent years. After shares of the online marketplace for unique and handcrafted goods soared 380% in the five years leading up to their November 2021 peak, they have come crashing down, currently sitting 79% off that high.The e-commerce business just reported first-quarter 2024 results that disappointed investors, sending the stock even lower. At a forward price-to- ...
Is Etsy Going to $50? 1 Wall Street Analyst Thinks So
The Motley Fool· 2024-05-07 18:45
Etsy took a dive on its latest earnings report. Here's why the stock could be headed lower.Etsy (ETSY 4.15%) issued yet another disappointing earnings report on Wednesday. Investors have been hoping for a turnaround after several quarters of flat growth, but Etsy's first-quarter earnings report came up short.The company reported another quarter of declining gross merchandise sales (GMS), the total dollar value of goods sold on the platform, and its guidance did little to stoke any expectations of a recovery ...
Why Etsy Stock Took a Dive Today
The Motley Fool· 2024-05-03 02:34
The e-commerce stock delivered another disappointing earnings report.Shares of Etsy (ETSY -15.64%) were heading lower today after the online marketplace for handmade and vintage products posted another quarter of disappointing results, including flat revenue growth and a decline in profits.As a result, the stock was down 13.9% as of 1:14 p.m. ET. Etsy still needs helpEtsy was a pandemic success story, but since then the business has seen virtually no growth, even as we're no more than two years past the pea ...
Etsy Stock Dives as Retailer Warns of 'Challenging Environment' for Consumer Spending
Investopedia· 2024-05-03 00:55
Key TakeawaysShares of e-commerce company Etsy fell sharply Thursday after the company released disappointing quarterly earnings after the bell Wednesday.Etsy's financial performance was in line with analysts' estimates, but total sales on the platform decreased year-over-year.CEO Josh Silverman said Etsy is operating in a "challenging environment" as consumers opt for the least expensive option for many products. Shares of Etsy, Inc. (ETSY) plummeted in Thursday morning trading after the e-commerce retaile ...
ETSY's Q1 Earnings Miss Estimates, Revenues Increase Y/Y
Zacks Investment Research· 2024-05-03 00:41
Etsy, Inc. (ETSY) reported first-quarter 2024 earnings of 48 cents per share, missing the Zacks Consensus Estimate by 2.04%. The bottom-line figure reflects a year-over-year decrease of 9.4%.Revenues advanced 0.8% year over year to $645.95 million. The figure missed the Zacks Consensus Estimate by 0.4%.Top-line growth was driven by accelerating services revenues.Strong momentum across active sellers and reactivated buyers remained positive.Top Line in DetailMarketplace revenues were $466.98 million (72.3% o ...
Etsy shares slump as slowdown in discretionary consumer spending hits Q1 earnings
Proactive Investors· 2024-05-03 00:02
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...