Previous close | 46.92 |
Open | 46.10 |
Bid | 44.85 x 800 |
Ask | 44.87 x 1000 |
Day's range | 44.65 - 46.77 |
52-week range | 44.65 - 81.19 |
Volume | |
Avg. volume | 7,709,300 |
Market cap | 25.112B |
Beta (5Y monthly) | 1.15 |
PE ratio (TTM) | 2.42 |
EPS (TTM) | 18.50 |
Earnings date | 09 Aug 2022 - 15 Aug 2022 |
Forward dividend & yield | 0.88 (1.95%) |
Ex-dividend date | 31 May 2022 |
1y target est | 59.37 |
Economic reopening is creating a headwind for companies that thrived when consumers were spending more time at home.
Consumer sentiment has reached decade-low numbers, owing to 40-year-high inflation levels and lingering concerns surrounding the war between Russia and Ukraine. Following the brief collapse of stock prices at the start of the pandemic, U.S. equities proceeded to go on a massive bull run. Since late last year, which is when news of potential interest rate hikes by the Federal Reserve first arose, technology stocks have been humbled, to say the least.
The e-commerce site thrived at the pandemic's onset and is now experiencing the reversal of that trend.