Ultime notizie per Etsy (NASDAQ:ETSY) Azioni

Etsy

Etsy operates a top-10 e-commerce marketplace operator in the US and the UK, with sizable operations in Germany, France, Australia, and Canada. The firm dominates an interesting niche, connecting buyers and sellers through its online market to exchange vintage and craft goods. With $13.2 billion in 2023 consolidated gross merchandise volume, Etsy has cemented itself as one of the largest players in a quickly growing space, generating revenue from listing fees, commissions on sold items, advertising services, payment processing, and shipping labels. As of the end of 2023, the firm connected more than 96 million buyers and 9 million sellers on its marketplace properties: Etsy, Reverb (musical equipment), and Depop (clothing resale).

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Etsy Inc

In the current market session, Etsy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETSY#NASDAQ">ETSY</a>) share price is at $50.02, after a 1.07% decrease. Over the past month, the stock went up by 2.49%, but over the past year, it actually fell by 29.27%. With good short-term performance like this, and questionable long-term performance, long-term shareholders might want to start looking into the company's price-to-earnings ratio.

<img src="https://www.benzinga.com/files/images/story/2024/1732025707_0.png" alt="Past Year Chart" />

<h3>Etsy P/E Compared to Competitors</h3>
The P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market data, historical earnings, and the industry at large. A lower P/E could indicate that shareholders do not expect the stock to perform better in the future or it could mean that the company is undervalued. 
Etsy has a better P/E ratio of 25.8 than the aggregate P/E ratio of 21.89 of the Broadline Retail industry. Ideally, one might believe that Etsy Inc. might perform better in the future than it's industry group, but it's probable that the stock is overvalued. 

<img src="https://www.benzinga.com/files/images/story/2024/1732025707_1.png" alt="Guage" />

In summary, while the price-to-earnings ratio is a valuable tool for investors to evaluate a company's market performance, it should be used with caution. A low P/E ratio can be an indication of undervaluation, but it can also suggest weak growth prospects or financial instability. Moreover, the P/E ratio is just one of many metrics that investors should consider when making investment decisions, and it should be evaluated alongside other financial ratios, industry trends, and qualitative factors. By taking a comprehensive approach to analyzing a company's financial health, investors can make well-informed decisions that are more likely to lead to successful outcomes.

Intraday Update

Markets

A Look Into Etsy Inc's Price Over Earnings

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TSLA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>11/22/24</td>
<td>$350.00</td>
<td>$44.4K</td>
<td>20.8K</td>
<td>86.3K</td>
</tr>
<tr>
<td>RIVN</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/19/25</td>
<td>$7.50</td>
<td>$166.5K</td>
<td>6.9K</td>
<td>6.5K</td>
</tr>
<tr>
<td>ETSY</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$55.00</td>
<td>$27.9K</td>
<td>2.9K</td>
<td>2.1K</td>
</tr>
<tr>
<td>DKNG</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$47.00</td>
<td>$268.4K</td>
<td>1.3K</td>
<td>1.4K</td>
</tr>
<tr>
<td>NIO</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>04/17/25</td>
<td>$5.00</td>
<td>$65.2K</td>
<td>35.6K</td>
<td>1.1K</td>
</tr>
<tr>
<td>MBLY</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$20.00</td>
<td>$68.0K</td>
<td>5.1K</td>
<td>919</td>
</tr>
<tr>
<td>BROS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$52.50</td>
<td>$25.2K</td>
<td>198</td>
<td>595</td>
</tr>
<tr>
<td>PLCE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/22/24</td>
<td>$16.00</td>
<td>$55.0K</td>
<td>30</td>
<td>586</td>
</tr>
<tr>
<td>BABA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/29/24</td>
<td>$88.00</td>
<td>$49.8K</td>
<td>1.4K</td>
<td>494</td>
</tr>
<tr>
<td>CAVA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$130.00</td>
<td>$43.0K</td>
<td>2.1K</td>
<td>335</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• Regarding TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we observe a call option sweep with neutral sentiment. It expires in 4 day(s) on November 22, 2024. Parties traded 49 contract(s) at a $350.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $44.4K, with a price of $906.0 per contract. There were 20837 open contracts at this strike prior to today, and today 86346 contract(s) were bought and sold. 
• For RIVN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>), we notice a put option trade that happens to be bearish, expiring in 305 day(s) on September 19, 2025. This event was a transfer of 1500 contract(s) at a $7.50 strike. The total cost received by the writing party (or parties) was $166.5K, with a price of $111.0 per contract. There were 6939 open contracts at this strike prior to today, and today 6500 contract(s) were bought and sold. 
• Regarding ETSY (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETSY#NASDAQ">ETSY</a>), we observe a call option sweep with bearish sentiment. It expires in 60 day(s) on January 17, 2025. Parties traded 150 contract(s) at a $55.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $27.9K, with a price of $186.0 per contract. There were 2980 open contracts at this strike prior to today, and today 2154 contract(s) were bought and sold. 
• Regarding DKNG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DKNG#NASDAQ">DKNG</a>), we observe a call option sweep with bearish sentiment. It expires in 214 day(s) on June 20, 2025. Parties traded 639 contract(s) at a $47.00 strike. This particular call needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $268.4K, with a price of $420.0 per contract. There were 1367 open contracts at this strike prior to today, and today 1452 contract(s) were bought and sold. 
• Regarding NIO (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>), we observe a call option trade with bearish sentiment. It expires in 150 day(s) on April 17, 2025. Parties traded 742 contract(s) at a $5.00 strike. The total cost received by the writing party (or parties) was $65.2K, with a price of $88.0 per contract. There were 35615 open contracts at this strike prior to today, and today 1182 contract(s) were bought and sold. 
• Regarding MBLY (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBLY#NASDAQ">MBLY</a>), we observe a call option sweep with bullish sentiment. It expires in 95 day(s) on February 21, 2025. Parties traded 400 contract(s) at a $20.00 strike. This particular call needed to be split into 32 different trades to become filled. The total cost received by the writing party (or parties) was $68.0K, with a price of $170.0 per contract. There were 5147 open contracts at this strike prior to today, and today 919 contract(s) were bought and sold. 
• For BROS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BROS#NYSE">BROS</a>), we notice a call option sweep that happens to be bullish, expiring in 32 day(s) on December 20, 2024. This event was a transfer of 266 contract(s) at a $52.50 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $25.2K, with a price of $95.0 per contract. There were 198 open contracts at this strike prior to today, and today 595 contract(s) were bought and sold. 
• Regarding PLCE (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLCE#NASDAQ">PLCE</a>), we observe a call option sweep with bullish sentiment. It expires in 4 day(s) on November 22, 2024. Parties traded 500 contract(s) at a $16.00 strike. This particular call needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $55.0K, with a price of $110.0 per contract. There were 30 open contracts at this strike prior to today, and today 586 contract(s) were bought and sold. 
• Regarding BABA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>), we observe a call option trade with bullish sentiment. It expires in 11 day(s) on November 29, 2024. Parties traded 194 contract(s) at a $88.00 strike. The total cost received by the writing party (or parties) was $49.8K, with a price of $257.0 per contract. There were 1457 open contracts at this strike prior to today, and today 494 contract(s) were bought and sold. 
• Regarding CAVA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAVA#NYSE">CAVA</a>), we observe a put option sweep with bullish sentiment. It expires in 32 day(s) on December 20, 2024. Parties traded 100 contract(s) at a $130.00 strike. This particular put needed to be split into 20 different trades to become filled. The total cost received by the writing party (or parties) was $43.0K, with a price of $430.0 per contract. There were 2159 open contracts at this strike prior to today, and today 335 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

BABA

BROS

CAVA

DKNG

MBLY

PLCE

RIVN

TSLA

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Etsy's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ETSY#NYSE">ETSY</a>) short percent of float has risen 5.37% since its last report. The company recently reported that it has 17.69 million shares sold short, which is 18.04% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.64 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Etsy Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1731936611_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Etsy has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Etsy's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Etsy's peer group average for short interest as a percentage of float is 9.16%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Trading Ideas

(ETSY) - Analyzing Etsy's Short Interest

An endorsement of Donald Trump by Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO Elon Musk angered some existing owners of vehicles made by the <a href="https://www.benzinga.com/news/earnings/24/10/41501607/tesla-q3-earnings-highlights-eps-beat-revenue-miss-shares-climb-on-2025-timeline-for-lower-cost-evs">electric vehicle company</a>.
People who are embarrassed to be driving Tesla vehicles after the 2024 election are buying bumper stickers to show their anger of the Trump endorsement.
What Happened: Tesla owners may <a href="https://www.benzinga.com/news/24/07/39804113/exclusive-elon-musk-is-burning-his-own-blue-bridges-by-donating-to-trump-says-market-expert">disagree with Musk</a> many times throughout the year, whether it's his posts on X, views on cryptocurrency or his recent increased political campaigning and funding.
The endorsement of Trump in the 2024 election may have been the final straw for some Tesla owners. While some Tesla owners may decide to sell their vehicle in protest and get a different vehicle, some are likely to keep the vehicle due to Tesla's advanced technology.
Those who love their Tesla vehicles, but are mad at Musk have turned to a solution of plastering anti-Elon Musk bumper stickers on their vehicle.
Matthew Hiller of Hawaii has a sticker business <a href="https://www.etsy.com/shop/MadPufferStickers">called </a>Mad Puffer Stickers on Etsy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETSY#NASDAQ">ETSY</a>) that has been among the places where Tesla owners are turning after the election.
Hiller shared with <a href="https://heatmap.news/electric-vehicles/anti-elon-bumper-sticker-tesla">Heatmap </a>that the sticker business is his side hustle to a full-time job at an aquarium. As a fan of making fish stickers and other designs, Hiller used his personal experience of wanting to buy a Tesla in early 2023, but not agreeing with everything Musk stood for.
"When he bought Twitter, he started extreme censoring of information, taking verification marks off The New York Times and things like that to sow discontent, disinformation, and push his agenda. And it was ugly," Hiller said.
Hiller realized that there were likely many people who were now embarrassed to be driving their Teslas around.
"So I made the fist sticker, which said, ‘I bought this before we knew Elon was crazy.'"
Hiller printed up a small run and after a slow initial time to see some sales, the stickers went viral a couple of times. Eventually Hiller was selling five to seven stickers a day and some days he would sell 50 because of a picture going viral.
"And now, at this point, it's gone insane."
Hiller told Heatmap his sales have been "unbelievable" since the 2024 election.
After the election, Hiller said he sold between 250 and 300 in one day and said the sales have "been steady ever since."
"I can barely keep up."
You may not be a billionaire like Elon Musk, but you can uncover hidden gems in the stock market using our proprietary data and pattern recognition — <a href="https://www.benzinga.com/general/entertainment/24/10/41187322/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet">check out five </a><a href="https://www.benzinga.com/general/space/24/11/42013739/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet-43">stocks </a><a href="https://www.benzinga.com/general/entertainment/24/10/41187322/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet">flying under the radar that deserve your attention.</a>
The sticker entrepreneur said he can barely keep up with the momentum and comes home from the aquarium to start packing stickers until night.
Hiller estimates that he's sold around 10,000 stickers since he started on Etsy and he is currently selling around 180 total stickers per day, a total that doesn't just include anti-Elon Musk stickers.
The most popular sticker sold by Hiller is the "I bought this before we knew Elon was crazy," which he said is by far the top seller. &nbsp;
Along with being a popular seller on Etsy, the anti-Musk bumper stickers are also among the top sellers on <a href="https://www.amazon.com/Tesla-Bumper-Sticker-Bought-Accessories/dp/B0C4KHKN4S/ref=zg_bs_g_268880011_d_sccl_3/142-4678181-8008934?psc=1">Amazon </a>with Hiller's most popular design ranked among the top five bumper stickers on the e-commerce site, sometimes hitting number one in the category.
"That's insane. People hate Elon more than they love Trump or Kamala?" Hiller added.
Read Next: 
<a href="https://www.benzinga.com/trading-ideas/24/11/41985486/if-tesla-stock-hits-all-time-highs-in-2025-will-it-be-driven-by-trump-musk-relationship-benzinga-readers-say-this">If Tesla Stock Hits All-Time Highs In 2025, Will It Be Driven By Trump-Musk Relationship? Benzinga Readers Say This</a>

Success Stories

Tesla Owners Who Don't Like Musk Are Letting Bumper Stickers Do The Talking

Elliott Investment Management was busy in the third quarter. According to a new <a href="https://www.sec.gov/Archives/edgar/data/1048445/000156761920019906/0001567619-20-019906-index.htm">13-F</a> filing with the SEC, the activist made several portfolio moves, with multiple new positions focused around <a href="https://www.benzinga.com/news/24/10/41417317/southwest-airlines-in-settlement-talks-with-activist-investor-elliott-management-to-avoid-proxy-figh">travel and lodging</a>.
Here are all of Elliott&#8217;s new positions from the third quarter:
<ul>
<li>Utilities Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLU#NYSE">XLU</a>)</li>
</ul>
<ul>
<li>Arm Holdings Plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>) call options</li>
</ul>
<ul>
<li>Texas Instruments Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>) call options</li>
</ul>
<ul>
<li>Invesco QQQ Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) call options</li>
</ul>
<ul>
<li>Energy Select Sector SPDR Fund Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLE#NYSE">XLE</a>) call options</li>
</ul>
<ul>
<li>Alaska Air Group Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALK#NYSE">ALK</a>) call options</li>
</ul>
<ul>
<li>American Airlines Group Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>) call options</li>
</ul>
<ul>
<li>ICON Plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ICLR#NASDAQ">ICLR</a>) call options</li>
</ul>
<ul>
<li>IQVIA Holdings Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IQV#NYSE">IQV</a>) call options</li>
</ul>
<ul>
<li>Marriott International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAR#NASDAQ">MAR</a>) put options</li>
</ul>
<ul>
<li>Hilton Worldwide Holdings Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HLT#NYSE">HLT</a>) put options</li>
</ul>
<ul>
<li>Equinix Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EQX#NASDAQ">EQX</a>) put options</li>
</ul>
<ul>
<li>Hyatt Hotels Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/H#NYSE">H</a>) put options</li>
</ul>
<ul>
<li>Materials Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLB#NYSE">XLB</a>) put options</li>
</ul>

Here&#8217;s a look at all of the positions Elliott increased during the third quarter:
<ul>
<li>Southwest Airlines Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUV#NYSE">LUV</a>) increased by 919%</li>
</ul>
<ul>
<li>Western Digital Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WDC#NASDAQ">WDC</a>) increased by 90%</li>
</ul>
<ul>
<li>Etsy Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETSY#NASDAQ">ETSY</a>) increased buy 11%</li>
</ul>
<ul>
<li>Match Group, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MTCH#NASDAQ">MTCH</a>) increased by 3%</li>
</ul>

Here are all of the positions Elliott trimmed during the quarter:
<ul>
<li>BILL Holdings, Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BILL#NYSE">BILL</a>) decreased by 24%</li>
</ul>
<ul>
<li>BlackLine, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BL#NASDAQ">BL</a>) decreased by 20%</li>
</ul>
<ul>
<li>Seadrill Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SDRL#NYSE">SDRL</a>) decreased by 9%</li>
</ul>
<ul>
<li>NRG Energy Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NRG#NYSE">NRG</a>) decreased by 7%</li>
</ul>
The above information does not include call or put options that were increased, trimmed or sold completely during the quarter. 
This information was gathered using comparison tools from <a href="https://13f.info/13f/000101359424000968/compare/000101359424000660">13f.info</a>.
Read Next:
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<li><a href="https://www.benzinga.com/hedge-funds/24/11/41995340/nelson-peltzs-trian-fund-management-reshaped-portfolio-ahead-of-presidential-election">Nelson Peltz&#8217;s Trian Fund Management Reshaped Portfolio Ahead Of Presidential Election</a></li>
</ul>
Photo: Pixabay.

BILL

ICLR

MTCH

SDRL

Elliott Investment Management Adds To Southwest, Western Digital, Etsy, Match Group; Trims BILL Holdings, Seadrill, BlackLine, NRG Energy In Q3

LBRDA

Elliott Investment Management 13F Shows Increased Put Position In Select Sector SPDR Energy ETF From 14,500,000 To 22,600,000 Shares; Increased Stake In Match Group By 3% From 11,705,013 To 12,054,832 Shares; Etsy By 11% From 4,500,000 To 5,000,000 Shares; Put Position In Ishares Russell 2000 ETF By 25% From 1,000,000 To 1,250,000 Shares; Liberty Broadband Corp By 9% From 2,192,858 To 2,384,481 Shares; Western Digital Corp By 90% From 1,185,000 Shares To 2,250,000 Shares

Wells Fargo analyst Ken Gawrelski maintains Etsy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETSY#NASDAQ">ETSY</a>) with a Underweight and lowers the price target from $47 to $44.

Price Target

Analyst Ratings

Wells Fargo Maintains Underweight on Etsy, Lowers Price Target to $44

Deutsche Bank analyst Lee Horowitz maintains Etsy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETSY#NASDAQ">ETSY</a>) with a Hold and raises the price target from $48 to $50.

Deutsche Bank Maintains Hold on Etsy, Raises Price Target to $50

Citigroup analyst Nicholas Jones maintains Etsy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETSY#NASDAQ">ETSY</a>) with a Neutral and lowers the price target from $65 to $54.

Citigroup Maintains Neutral on Etsy, Lowers Price Target to $54

Truist Securities analyst Youssef Squali maintains Etsy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETSY#NASDAQ">ETSY</a>) with a Buy and lowers the price target from $76 to $70.

Truist Securities Maintains Buy on Etsy, Lowers Price Target to $70

Barclays analyst Trevor Young maintains Etsy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETSY#NASDAQ">ETSY</a>) with a Equal-Weight and lowers the price target from $60 to $55.

Barclays Maintains Equal-Weight on Etsy, Lowers Price Target to $55

Needham analyst Bernie McTernan reiterates Etsy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETSY#NASDAQ">ETSY</a>) with a Buy and maintains $60 price target.

Reiteration

Needham Reiterates Buy on Etsy, Maintains $60 Price Target

WIIM

Etsy shares are trading higher after the company reported better-than-expected Q3 financial results.

Etsy, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETSY#NASDAQ">ETSY</a>) reported its third-quarter results after Wednesday's closing bell. Here's a look at the <a href="https://www.benzinga.com/pressreleases/24/10/n41635796/etsy-inc-reports-third-quarter-2024-results">details from the report.  </a>
The Details: Etsy reported quarterly earnings of 45 cents per share, which missed the analyst consensus estimate of 55 cents. Quarterly revenue came in at $662.4 million, which beat the analyst consensus estimate of $652.81 million and is an increase over sales of $636.3 million from the same period last year.
<ul>
<li>Consolidated GMS was $2.9 billion, down 4.1% year-over-year and down 4.4% on a currency-neutral basis. </li>
<li>Consolidated GMS performance includes a small headwind from the divestiture of Elo7.</li>
<li>Etsy marketplace GMS was $2.5 billion, down 6.0% year-over-year and down 6.3% on a currency-neutral basis.</li>
<li>Active buyers decreased 0.4% year-over-year to 91.2 million.</li>
<li>6.4 million buyers were reactivated, up 5.6% from the prior year period, and acquired 5.3 million new buyers. </li>
<li>GMS per active buyer on a trailing 12-month basis for the Etsy marketplace declined 3.4% year-over-year to $123 in the third quarter.</li>
<li>The number of habitual buyers was 6.8 million, down 4.8% year-over-year. </li>
<li>U.S. domestic GMS represented 51% of overall GMS and GMS ex-U.S. domestic was 49% of overall GMS.</li>
</ul>
Read Next: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41631795/reddit-remains-a-favorite-for-wall-street-after-emphatic-beat-and-raise-in-q3">Reddit &#8216;Remains A Favorite&#8217; For Wall Street After &#8216;Emphatic Beat And Raise&#8217; In Q3</a>
&#8220;Our third quarter consolidated results came in roughly as anticipated, with some incremental pressure on Etsy marketplace year-over-year GMS, healthy growth in revenue and continued strength in our adjusted EBITDA profitability,&#8221; said Josh Silverman, Etsy CEO.
&#8220;We made excellent progress improving Etsy marketplace customer experiences — from Gifting, to Quality, a new loyalty program, investing in our app, and more — all of which we believe will drive engagement and frequency over time. While 2024 has been a challenging period for discretionary goods, we are investing with discipline and focus to make Etsy even more Etsy — which we believe will lift our boat when the tide comes back in again,&#8221; Silverman added.
ETSY Price Action: According to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Etsy shares are up 11.79% after-hours at $53.65 at the time of publication Wednesday.
Read Also:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41497160/starbucks-analysts-bullish-on-ceo-brian-niccol-after-tough-preannouncement-zeroing-">Starbucks Analysts Bullish On CEO Brian Niccol After Tough Preannouncement: &#8216;Zeroing In&#8217; On Right Issues</a></li>
</ul>
Photo: Shutterstock

Earnings

Etsy Shares Climb After Mixed Q3 Results: EPS Miss, Revenues Beat

<h3>Gainers</h3>
<ul>
<li>Carvana (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVNA#NYSE">CVNA</a>) shares rose 20.6% to $250.0 during Wednesday's after-market session. The company's market cap stands at $30.9 billion. The company's, Q3 earnings came out today. </li>
<li>Mister Car Wash (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCW#NYSE">MCW</a>) shares rose 13.68% to $7.56. The market value of their outstanding shares is at $2.4 billion. The company's, Q3 earnings came out today. </li>
<li>Etsy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETSY#NASDAQ">ETSY</a>) shares increased by 10.58% to $53.07. The company's market cap stands at $6.0 billion. The company's, Q3 earnings came out today. </li>
<li>Floor &amp; Decor Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FND#NYSE">FND</a>) shares moved upwards by 9.29% to $110.26. The company's market cap stands at $11.8 billion. The company's, Q3 earnings came out today. </li>
<li>J-Long Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JL#NASDAQ">JL</a>) stock increased by 7.89% to $0.82. The market value of their outstanding shares is at $25.7 million. </li>
<li>Junee (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JUNE#NASDAQ">JUNE</a>) shares increased by 5.38% to $5.28. The market value of their outstanding shares is at $68.5 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Rocky Brands (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RCKY#NASDAQ">RCKY</a>) shares fell 13.2% to $24.13 during Wednesday's after-market session. The company's market cap stands at $179.7 million. As per the press release, Q3 earnings came out today. </li>
<li>eBay (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EBAY#NASDAQ">EBAY</a>) stock fell 9.79% to $56.5. The market value of their outstanding shares is at $27.6 billion. As per the news, the Q3 earnings report came out today. </li>
<li>Sleep Number (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNBR#NASDAQ">SNBR</a>) shares fell 7.79% to $12.2. The market value of their outstanding shares is at $272.3 million. As per the press release, Q3 earnings came out today. </li>
<li>Digital Brands Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DBGI#NASDAQ">DBGI</a>) stock fell 7.66% to $0.1. </li>
<li>MGM Resorts Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MGM#NYSE">MGM</a>) shares decreased by 6.43% to $38.75. The market value of their outstanding shares is at $11.7 billion. As per the news, the Q3 earnings report came out today. </li>
<li>Greenlane Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GNLN#NASDAQ">GNLN</a>) stock fell 6.25% to $2.85. The market value of their outstanding shares is at $1.8 million. 
See Also: <a href="http://www.benzinga.com/money/best-consumer-cyclical-stocks/" title="www.benzinga.com/money/best-consumer-cyclical-stocks/">www.benzinga.com/money/best-consumer-cyclical-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

CVNA

DBGI

EBAY

GNLN

JUNE

RCKY

SNBR

12 Consumer Discretionary Stocks Moving In Wednesday's After-Market Session

Etsy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETSY#NASDAQ">ETSY</a>) reported quarterly earnings of $0.45 per share which missed the analyst consensus estimate of $0.55 by 18.18 percent. The company reported quarterly sales of $662.40 million which beat the analyst consensus estimate of $652.81 million by 1.47 percent. This is a 4.10 percent increase over sales of $636.30 million the same period last year.

Earnings Beats

Earnings Misses

Etsy Q3 2024 Adj EPS $0.45 Misses $0.55 Estimate, Sales $662.40M Beat $652.81M Estimate

Deep-pocketed investors have adopted a bullish approach towards Etsy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETSY#NASDAQ">ETSY</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in ETSY usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 22 extraordinary options activities for Etsy. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 68% leaning bullish and 22% bearish. Among these notable options, 3 are puts, totaling $178,146, and 19 are calls, amounting to $2,080,072.
<h3>Projected Price Targets</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $35.0 and $65.0 for Etsy, spanning the last three months.
<h3>Analyzing Volume &amp; Open Interest</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Etsy's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Etsy's substantial trades, within a strike price spectrum from $35.0 to $65.0 over the preceding 30 days.
<h3>Etsy Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1730223927_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>ETSY</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$5.95</td>
<td>$5.85</td>
<td>$5.9</td>
<td>$55.00</td>
<td>$295.5K</td>
<td>1.4K</td>
<td style="text-align: right;">507</td>
</tr>
<tr>
<td>ETSY</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$6.25</td>
<td>$6.2</td>
<td>$6.25</td>
<td>$50.00</td>
<td>$288.8K</td>
<td>824</td>
<td style="text-align: right;">867</td>
</tr>
<tr>
<td>ETSY</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$4.4</td>
<td>$4.35</td>
<td>$4.4</td>
<td>$60.00</td>
<td>$280.7K</td>
<td>875</td>
<td style="text-align: right;">650</td>
</tr>
<tr>
<td>ETSY</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$5.4</td>
<td>$5.3</td>
<td>$5.3</td>
<td>$45.00</td>
<td>$265.0K</td>
<td>831</td>
<td style="text-align: right;">500</td>
</tr>
<tr>
<td>ETSY</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$4.35</td>
<td>$4.25</td>
<td>$4.25</td>
<td>$50.00</td>
<td>$249.9K</td>
<td>1.6K</td>
<td style="text-align: right;">616</td>
</tr>
</tbody>
</table>

<h3>About Etsy</h3>
Etsy operates a top-10 e-commerce marketplace operator in the us and the UK, with sizable operations in Germany, France, Australia, and Canada. The firm dominates an interesting niche, connecting buyers and sellers through its online market to exchange vintage and craft goods. With $13.2 billion in 2023 consolidated gross merchandise volume, Etsy has cemented itself as one of the largest players in a quickly growing space, generating revenue from listing fees, commissions on sold items, advertising services, payment processing, and shipping labels. As of the end of 2023, the firm connected more than 96 million buyers and 9 million sellers on its marketplace properties: Etsy, Reverb (musical equipment), and Depop (clothing resale).
<h3>Etsy's Current Market Status</h3>
<ul>
<li>With a volume of 2,015,867, the price of ETSY is down -1.7% at $47.94. </li>
<li>RSI indicators hint that the underlying stock may be approaching oversold.</li>
<li>Next earnings are expected to be released in 1 days.</li>
</ul>
<h3>What Analysts Are Saying About Etsy</h3>
A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $53.4.
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&#x2A; An analyst from Goldman Sachs downgraded its action to Sell with a price target of $45. 
&#x2A; An analyst from Stifel has decided to maintain their Hold rating on Etsy, which currently sits at a price target of $56. 
&#x2A; Maintaining their stance, an analyst from B of A Securities continues to hold a Neutral rating for Etsy, targeting a price of $58. 
&#x2A; An analyst from Wedbush persists with their Neutral rating on Etsy, maintaining a target price of $58. 
&#x2A; An analyst from Cantor Fitzgerald downgraded its action to Neutral with a price target of $50. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Etsy with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Check Out What Whales Are Doing With ETSY

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Below are some instances of options activity happening in the Consumer Discretionary sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TSLA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/01/24</td>
<td>$260.00</td>
<td>$26.0K</td>
<td>10.6K</td>
<td>86.7K</td>
</tr>
<tr>
<td>AMZN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$190.00</td>
<td>$28.7K</td>
<td>27.7K</td>
<td>3.3K</td>
</tr>
<tr>
<td>ETSY</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$40.00</td>
<td>$123.0K</td>
<td>1.9K</td>
<td>1.1K</td>
</tr>
<tr>
<td>CMG</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/01/24</td>
<td>$61.00</td>
<td>$65.6K</td>
<td>846</td>
<td>869</td>
</tr>
<tr>
<td>MOD</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$155.00</td>
<td>$56.0K</td>
<td>56</td>
<td>588</td>
</tr>
<tr>
<td>HGV</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$35.00</td>
<td>$50.0K</td>
<td>3.5K</td>
<td>510</td>
</tr>
<tr>
<td>TCOM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$65.00</td>
<td>$100.0K</td>
<td>567</td>
<td>403</td>
</tr>
<tr>
<td>MCD</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$290.00</td>
<td>$45.2K</td>
<td>359</td>
<td>310</td>
</tr>
<tr>
<td>RH</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$330.00</td>
<td>$65.2K</td>
<td>1.0K</td>
<td>303</td>
</tr>
<tr>
<td>CROX</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/08/24</td>
<td>$115.00</td>
<td>$32.6K</td>
<td>41</td>
<td>124</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• Regarding TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we observe a call option sweep with bullish sentiment. It expires in 3 day(s) on November 1, 2024. Parties traded 56 contract(s) at a $260.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $26.0K, with a price of $465.0 per contract. There were 10693 open contracts at this strike prior to today, and today 86702 contract(s) were bought and sold. 
• Regarding AMZN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), we observe a call option sweep with bullish sentiment. It expires in 17 day(s) on November 15, 2024. Parties traded 34 contract(s) at a $190.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $28.7K, with a price of $845.0 per contract. There were 27700 open contracts at this strike prior to today, and today 3329 contract(s) were bought and sold. 
• Regarding ETSY (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETSY#NASDAQ">ETSY</a>), we observe a put option trade with bullish sentiment. It expires in 52 day(s) on December 20, 2024. Parties traded 1000 contract(s) at a $40.00 strike. The total cost received by the writing party (or parties) was $123.0K, with a price of $123.0 per contract. There were 1954 open contracts at this strike prior to today, and today 1177 contract(s) were bought and sold. 
• For CMG (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>), we notice a put option sweep that happens to be bullish, expiring in 3 day(s) on November 1, 2024. This event was a transfer of 250 contract(s) at a $61.00 strike. This particular put needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $65.6K, with a price of $263.0 per contract. There were 846 open contracts at this strike prior to today, and today 869 contract(s) were bought and sold. 
• For MOD (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MOD#NYSE">MOD</a>), we notice a call option trade that happens to be bearish, expiring in 17 day(s) on November 15, 2024. This event was a transfer of 200 contract(s) at a $155.00 strike. The total cost received by the writing party (or parties) was $56.0K, with a price of $280.0 per contract. There were 56 open contracts at this strike prior to today, and today 588 contract(s) were bought and sold. 
• Regarding HGV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HGV#NYSE">HGV</a>), we observe a put option trade with bullish sentiment. It expires in 52 day(s) on December 20, 2024. Parties traded 500 contract(s) at a $35.00 strike. The total cost received by the writing party (or parties) was $50.0K, with a price of $100.0 per contract. There were 3572 open contracts at this strike prior to today, and today 510 contract(s) were bought and sold. 
• Regarding TCOM (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TCOM#NASDAQ">TCOM</a>), we observe a call option sweep with bullish sentiment. It expires in 52 day(s) on December 20, 2024. Parties traded 200 contract(s) at a $65.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $100.0K, with a price of $500.0 per contract. There were 567 open contracts at this strike prior to today, and today 403 contract(s) were bought and sold. 
• Regarding MCD (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCD#NYSE">MCD</a>), we observe a put option sweep with bullish sentiment. It expires in 143 day(s) on March 21, 2025. Parties traded 45 contract(s) at a $290.00 strike. This particular put needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $45.2K, with a price of $1005.0 per contract. There were 359 open contracts at this strike prior to today, and today 310 contract(s) were bought and sold. 
• Regarding RH (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RH#NYSE">RH</a>), we observe a call option sweep with bearish sentiment. It expires in 80 day(s) on January 17, 2025. Parties traded 24 contract(s) at a $330.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $65.2K, with a price of $2720.0 per contract. There were 1011 open contracts at this strike prior to today, and today 303 contract(s) were bought and sold. 
• Regarding CROX (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CROX#NASDAQ">CROX</a>), we observe a put option sweep with bullish sentiment. It expires in 10 day(s) on November 8, 2024. Parties traded 82 contract(s) at a $115.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $32.6K, with a price of $398.0 per contract. There were 41 open contracts at this strike prior to today, and today 124 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
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The e-commerce market offers strong growth potential this holiday season, driven by rising online shopping, social media influence, and increasing demand for unique holiday merchandise and gifts. Therefore, investing in strong e-commerce stocks like Amazon.com (AMZN), Shopify (SHOP), and Etsy (ETSY) could be a smart move this season. Keep reading... With rising internet penetration and accessible online platforms, the retail sector has pivoted sharply toward e-commerce, as consumers increasingly choose online shopping to avoid holiday crowds.
Against this backdrop, investors may want to consider e-commerce powerhouses like Amazon.com, Inc. (<a href="https://stocknews.com/stock/AMZN/">AMZN</a>), Shopify Inc. (<a href="https://stocknews.com/stock/SHOP/">SHOP</a>), and Etsy, Inc. (<a href="https://stocknews.com/stock/ETSY/">ETSY</a>) for their potential this holiday season.
High-speed internet, social media, and generative AI have become powerful tools for holiday shoppers. Many consumers now turn to these platforms to discover and purchase products, boosting e-commerce traffic. E-commerce giants are capitalizing on this trend with early ad campaigns, <a href="https://www.statista.com/topics/1103/holiday-season-e-commerce/#topicOverview">especially on social media</a>, targeting Gen Z through engaging content on TikTok, YouTube, and Instagram.
Despite a shorter holiday season, strong household finances are fueling cautious yet steady spending. The National Retail Federation (NRF) projects total holiday spending to reach between <a href="https://www.digitalcommerce360.com/2024/10/16/nrf-holiday-forecast-2024-us-ecommerce-sales/#:~:text=Based%20on%20the%20NRF%20forecast,households%20will%20spend%20more%20cautiously.%E2%80%9D&amp;text=NRF%20highlighted%20one%20key%20dynamic,in%202024%20%E2%80%94%20online%20and%20offline.">$979.50 billion and $989 billion</a>, an increase from $955.60 billion in 2023. U.S. e-commerce holiday sales are expected to grow by 8% to 9% year-over-year, more than double the forecasted overall holiday sales growth of 2.5% to 3.5%.
Furthermore, handcrafted goods and dropshipping are reshaping holiday shopping, catering to consumers' demand for unique items while expanding e-commerce variety. With these trends, U.S. online retail sales are expected to reach $1.20 trillion this year, marking a <a href="https://www.fticonsulting.com/insights/reports/2024-online-retail-report#:~:text=We%20project%20U.S.%20online%20retail%20sales%20will%20hit%20%241.2%20trillion%20in%202024.&amp;text=Estimated%20increase%20in%20U.S.%20online,%2C%20or%209.8%25%20over%202023.&amp;text=Expected%20U.S.%20e%2Dcommerce%20market,at%20the%20end%20of%202023.">$108 billion (9.8%)</a> increase from last year.
Considering these conducive trends, let's examine the fundamentals of the three above-mentioned e-commerce stocks.
Amazon.com, Inc. (<a href="https://stocknews.com/stock/AMZN/">AMZN</a>)
AMZN engages in the retail sale of consumer products and subscriptions through online and physical stores in North America and internationally. It operates through three segments: North America, International, and Amazon Web Services (AWS). The company's products offered through its stores include merchandise and content purchased for resale; and products offered by third-party sellers.
On October 31, 2024, AMZN's AWS and Lumen announced a partnership to enhance U.S. network operations using AWS's generative AI technology and Lumen's fiber network, supporting scalable, AI-driven services and autonomous network capabilities.
On November 4, 2024, AWS launched the Generative AI Partner Innovation Alliance to expand the reach of its Generative AI Innovation Center. This alliance will connect customers globally with partners to help develop and deploy generative AI solutions.
In terms of the trailing-12-month net income margin, AMZN's 8.04% is 80.1% higher than the 4.46% industry average. Likewise, its 11.25% trailing-12-month Capex / Sales is 292.2% higher than the 2.87% industry average. Moreover, the stock's 1.16x trailing-12-month <a href="https://www.investopedia.com/terms/a/assetturnover.asp">asset turnover ratio</a> is 16.3% higher than the 1x industry average.
AMZN's total net sales for the fiscal third quarter, which ended on September 30, 2024, were $143.08 billion. The company's operating income was $11.19 billion. Additionally, the company's net income and EPS were $9.88 billion and $0.94, respectively.
Street expects AMZN's EPS and revenue for the quarter ending  December 31, 2024, to increase 46.9% and 10.1% year-over-year to $1.47 and $187.14 billion, respectively. It surpassed the Street EPS estimates in each of the trailing four quarters. Over the past year, the stock has gained 49.3% to close the last trading session at $212.83.
AMZN's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect its robust fundamentals. It has an overall rating of B, equating to a Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 distinct factors, with each factor weighted to an optimal degree.
AMZN has an A grade for Sentiment and a B for Growth, Momentum, and Quality. It is ranked #12 out of 52 stocks in the B-rated <a href="https://stocknews.com/category/internet/">Internet</a> industry. Beyond what we have stated above, we also have given AMZN grades for Value and Stability. Get all the AMZN's ratings <a href="https://stocknews.com/stock/AMZN/">here</a>.
Shopify Inc. (<a href="https://stocknews.com/stock/SHOP/">SHOP</a>)
SHOP is a commerce company that provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia-Pacific, Australia, China, and Latin America. The company's platform enables merchants to display, manage, market, and sell their products through various sales channels and manage products and inventory, process orders, and payments.
In terms of its trailing-12-month Return on Total Capital, SHOP's 7.34% is 151.1% higher than the 2.92% industry average. Likewise, its 16.84% trailing-12-month net income margin is 386.7% higher than the 3.46% industry average. Its 0.72x trailing-12-month asset turnover ratio is 17.2% higher than the 0.61x industry average.
SHOP's revenues for the third quarter, which ended on September 30, 2024, increased 26.1% year-over-year to $2.16 billion. Its gross profit rose 24.1% over the prior-year quarter to $1.12 billion. SHOP's net income and free cash flow were $828 million and $421 million, reflecting year-over-year increases of 15.3% and 52.5%, respectively.
For the quarter ending December 31, 2024, SHOP's EPS and revenue are expected to increase 24.3% and 27.1% year-over-year to $0.42 and $2.73 billion, respectively. SHOP surpassed the consensus revenue estimates in each of the trailing four quarters. Over the past year, SHOP's stock has gained 76.9% to close the last trading session at $110.29.
SHOP's POWR Ratings reflect this optimistic outlook. It has an A grade for Momentum and a B for Sentiment. SHOP is ranked #13 out of 26 stocks in the  <a href="https://stocknews.com/category/internet-services/">Internet – Services</a> industry. To access the additional grades of SHOP for Growth, Value, Stability, and Quality, <a href="https://stocknews.com/stock/SHOP/">click here</a>.
Etsy, Inc. (<a href="https://stocknews.com/stock/ETSY/">ETSY</a>)
ETSY and its subsidiaries operate two-sided online marketplaces that connect buyers and sellers in the United States, the United Kingdom, Germany, Canada, Australia, and France. Its primary marketplace is Etsy.com, which connects artisans and entrepreneurs with various consumers.
In terms of the trailing-12-month net income margin, ETSY's 9.17% is 105.4% higher than the 4.46% industry average. Likewise, its 13.16% trailing-12-month EBIT margin is 63.3% higher than the 8.06% industry average. Moreover, the stock's 1.14x trailing-12-month asset turnover ratio is 15% higher than the 1x industry average.
For the fiscal third quarter that ended September 30, 2024, ETSY's revenue grew 4.1% year-over-year to $662.41 million. Its gross profit increased 6.5% year-over-year to $476.77 million. The company's adjusted EBITDA came in at $183.59 million, increasing marginally year-over-year. Additionally, ETSY's net income was reported to be $57.37 million.
Analysts expect ETSY's EPS for the quarter ending December 31, 2024, to increase 24.3% year-over-year to $1.51. Its revenue for the same quarter is expected to grow 2.4% year-over-year to $862.71 million. Over the past month, the stock has gained 4.4% to close the last trading session at $51.86.
ETSY's strong prospects are reflected in its POWR Ratings. It has an A grade for Quality and a B for Momentum. It is ranked #33 in the Internet industry. To see ETSY's grades for Growth, Value, Stability, and Sentiment, <a href="https://stocknews.com/stock/ETSY/">click here</a>.
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<hr />
AMZN shares were trading at $211.48 per share on Thursday afternoon, down $2.62 (-1.22%). Year-to-date, AMZN has gained 39.19%, versus a 26.01% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Abhishek Bhuyan</h2> <img src='https:/wp-content/uploads/2023/07/ABhuyan.jpg' style="float:left; padding:5px;width:125px;">Abhishek embarked on his professional journey as a financial journalist due to his keen interest in discerning the fundamental factors that influence the future performance of financial instruments.<a href="https://stocknews.com/authors/?author=abhishek-bhuyan">More...</a>The post <a href=https://stocknews.com/news/amzn-shop-etsy-3-e-commerce-stocks-with-explosive-potential-for-holiday-season/>3 E-Commerce Stocks With Explosive Potential for Holiday Season</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 E-Commerce Stocks With Explosive Potential for Holiday Season

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