eBay, Inc. (EBAY) Monthly Update
February 16, 2010 1:55 PM
Analysts Sandeep Aggarwal, and Stan Velikov at Collins Stewart have a released a monthly report on eBay, Inc. (NASDAQ: EBAY). The report is the 8th in a series of monthly reports, which provide an update on the state of key initiatives focused on the transformation of Marketplaces.
eBay saw a decline in penetration from 35% to 34% under Best Match in February. The company had an average DSR of 4.84 for Best Match, and 4.87 for Time: Ending Soonest.
The average listings per item in analysts’ 25-item sample survey went up for eBay by 38,000 to 356,000, which is sign of widening selection.
According to analysts, TRS program has seen stability lately. The company has also expanded its Buyer Protection program with any approved payment method, and announced the details of its new pricing structure for the US.
Analysts at Collins Stewart have a Buy rating for eBay, Inc., with a price target of $33.
