Etsy is about to report the result of the Q4 this week. Here is what you can expect

The e-commerce retailer Etsy (Etsy) is said to announce its results for the fourth quarter of 2024 before the market on Wednesday, February 19th. The platform that connects the seller and buyer of unique goods and vintage articles was once a pandemic darling, but was faced with challenges after the economy was reopened. Investors were concerned about the decline in gross goods sales (GMS) from Etsy, the number of active sellers and the effects of macroeconomic pressure on consumer expenses. Analysts expect Etsy to report the fourth quarter of 2024 profit per share (EPS) of USD 0.93, which corresponds to growth of 50% compared to the previous year.

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In addition, Wall Street expects sales of 2.3% to $ 861.8 million in the fourth quarter. The company missed the analysts’ profit expectations in four consecutive quarters. Etsy tried to improve his performance by improving its platform and promoting cost efficiency.

The mood of the analysts before the Q4 results of Etsy

The Citi -Analyst Ygal Achalian, who was in the fourth quarters, increased the price target for Etsy shares from $ 56 to $ 56, but repeated a hold rating. The five-star analyst is still careful about the company’s GMS trends and is looking for insights into the possible effects of changes in the guidelines and signs of a GMS turn.

Araunian found that Etsy continues to face challenges on non-discretionary consumer expenditure due to the effects of macro counterwind. In particular, he strives to what extent the product and platform investments of management can promote growth and compensate for the effects of macro challenges. The initiatives of the company to improve its performance include the revision of the search on the platform, the improvement of the loyalty program and the concentration on the function of AI-driven gift mode.

In the meantime, the truist analyst Youssef Squali recently reduced its price for Etsy Stock from $ 70 to $ 67 and maintained a merchant. The analyst stated that the truist map data pointed out that Etsys Marketplace’s turnover had remained the consensus and the previous estimates for the vacation period. He attributed the subdued income to the macro printing, which wore a lower frequency of order and the average order value during the holiday season.

Nevertheless, Squali emphasized that Etsy continues to maintain its market share in many of its most important verticals. The five-star analyst believes that Etsy is ready to recover when the economy is normalized.

Option traders expect a big step in the areas of Etsy,

With the options tool from Tipranks, we can see which options await retailers immediately after the winning report from the share. The expected profit step is determined by calculating the straddle of the options of the process after the yield indicator. If this sounds complicated, don’t worry, the options tool makes this for you.

In fact, it is currently said that option dealers expect an 11.6% to move in both directions in both directions, in response to the results of Etsy Q4 2024.

Is Etsy a good share for sale?

Overall, the Wall Street has a hold -consensus for Etsy shares based on three purchases, nine holds and two sales recommendations. The average Etsy share course goal of $ 54.85 implies a downward risk of 4.1% compared to the current level.

You can find more Etsy analyst reviews

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