Is eBay no longer a competitor to Amazon? One of the most f | 🚀 Robin Rocket

Is eBay no longer a competitor to Amazon?

One of the most famous sites for online sales is currently undergoing a transformation process, the goal of which is to increase business margins by selling its low-income divisions. This will likely benefit eBay, which will affect the value of the stock.

eBay $EBAY is an American company that is one of the largest platforms in the world for online sales and auctions.
Target price - $88, upside potential +23%

Theses in favor of the company's growth:

• Concentration on high-margin areas.
• Business restructuring. eBay is actively selling low-yielding assets.
• Potential for organic growth.
• Optimistic forecasts of analysts.

Fundamental indicators:

• Market Cap: $46.7 billion
• fwd P / E = 18.7x
• fwd P / E sectors = 14.5x
• PEG = 1.46x

My view: The sale of some of the company's divisions that do not generate significant income is a logical step that will improve financial results. The launch of new services can significantly increase the attractiveness of the Internet site, which will lead to organic growth in revenue. Against this background, buying eBay shares can be a profitable long-term investment.

Not an investment recommendation.