Patience To Be Paid Off: eBay Inc. (EBAY), HD Supply Holdings, Inc. (HDS)

eBay Inc. (NASDAQ:EBAY)’s beta now stands at 1.27 and when compared to its 200-day moving average and its 50-day moving average, EBAY price stands -11.26% below and 5.59% above respectively. The stock dropped by -35.28% or -$16.58 from its last recorded high of $46.99 which it attained on January 02 to close at $30.41 per share. Over the past 52 weeks, the shares of eBay Inc. has been trading as low as $26.01 before witnessing a massive surge by 16.92% or $4.4. This price movement has led to the EBAY stock receiving more attention and has become one to watch out for. It dipped by -0.52% on Sunday and this got the market worried. Its average daily volatility for this week is 2.58% which is less than the 3.21% recorded over the past month.

eBay Inc. (EBAY) rose 4.97% this week, a trend that has led to both investors and traders taking note of the stock. Over the past one year, the equity price has embarked on a drop that has seen it decline -19.34% and is now up by 8.34% since start of this year. A look at its monthly performance shows that the stock has recorded a 4.68% gain over the past 30 days. Its equity price dipped by -3.98% over the past three months which led to its overall six-month decrease to stand at -19.01%.

Experts from research firms are bullish about the near-term performance of eBay Inc. with most of them predicting a $36.24 price target on a short-term (12 months) basis. The average price target by the analysts will see a 19.17% rise in the stock and would lead to EBAY’s market cap to surge to $35.08B. The stock has been rated an average 2.5, which roughly stands towards the bearish end of the spectrum. Reuters looked into the 36 analysts that track eBay Inc. (NASDAQ:EBAY) and find out that 21 of them rated it as a Hold. 14 of the 15 analysts rated it as a Buy or a Strong Buy while 1 advised investors to desist from buying the stock or sell it if they already possess it.

A look at EBAY technical analysis shows that its 14-day Relative Strength Index (RSI) is in a neutral zone after reaching 62.27 point. Its trading volume has lost -867833 shares compared to readings over the past three months as it recently exchanged 13062167 shares. This means there is reduced activity from short-term traders as per session, its average trading volume is 13930000 shares, and this is 0.94 times the normal volume.

The price of HD Supply Holdings, Inc. (NASDAQ:HDS) currently stands at $37.91 after it went down by $-0.28 or -0.73% and has found a strong support at $37.46 a share. If the HDS price drops below that critical support, then it would lead to a bearish trend. In the short-term, a dip below the $37 mark would also be bad for the stock as it means that the stock would plunge by 2.4% from its current position. However, if the stock price is able to trade above the resistance point around $38.37, then it could likely surge higher to try and break the upward resistance which stands at $38.82 a share. Its average daily volatility over the past one month stands at 3.04%. The stock has plunged by 1.19% from its 52-weeks high of $37.46 which it reached on Aug. 23, 2018. In general, it is 9.02% above its 52-weeks lowest point which stands at $34.49 and this setback was observed on Sep. 02, 2018.

Analysts have predicted a price target for HD Supply Holdings, Inc. (HDS) for 1 year and it stands at an average $46.94/share. This means that it would likely increase by 23.82% from its current position. The current price of the stock has been moving between $37.46 and $38.37. Some brokerage firms have a lower target for the stock than the average, with one of them setting a price target as low as $39. On the other hand, one analyst is super bullish about the price, setting a target as high as $53.

The HDS stock Stochastic Oscillator (%D) is at 86.79%, which means that it is currently overbought and its prices could dip very soon. The shares P/S ratio stands at 1.18 which compares to the 0.39 recorded by the industry or the 2.14 by the wider sector. The stock currently has an estimated price-earnings (P/E) multiple of 10.63, which is lower than the 19.67 multiple of 12-month price-earnings (P/E). The company’s earnings have gone up, with a quarterly increase rate of 16.5% over the past five years.

Analysts view HD Supply Holdings, Inc. (NASDAQ:HDS) as a Buy, with 1.9 consensus rating. Reuters surveyed 17 analysts that follow HDS and found that 5 of those analysts rated the stock as a Hold. The remaining 12 were divided, with 12 analyst rating it as a Buy or a Strong Buy while 0 analysts advised investors to desist from buying HD Supply Holdings, Inc. (HDS) shares or sell it if they already own it.