This stock has been chosen as a JUMP candidate for its upcoming earnings catalyst that is likely to move the stock between 5-20% post release. To conduct further research on the financials, analyst views and pivot points visit the Inside Mole research tool. For details on how we trade these events and to get trained as a StockJumpers pro trader – watch the video below.
TARGET: eBay Inc. (EBAY)
Earnings Release Date: 1/31/18 (After Market Close)
Position Entry Time: (at or near EOD-end of day)
eBay Inc. (EBAY) will be posting its FQ4-17 quarterly earnings results today at close. [EBAY] is expected to post earnings of $.48 according to consensus and revenue of $2,612 million for the quarter. In the last quarter, the company reported $.48 earnings per share MATCHING the analysts’ consensus estimate of $.48
Last 3 Quarters – “Jump Zone” Move: -4.68%, -3.06%, -4.54%
Consensus Estimates: ($.61 whisper) ($.59 estimize) ($ ($.59 wall street)
(** always check in the trade room 30 minutes prior to close for last minute trajectory updates
OUR TRADE PLAN: BUY
ANALYSIS: StockJumpers trajectory analysis reveals a beat on EPS and revenue but it may not be enough to make the stock pop much further. Like a lot of these trades the stock price is overbought and unless the results are stellar there is more of a possibility of a “sell on the news” outcome. We think they will show good numbers today – but will it be enough. We are overall long but will hold for any initial short downturn before we enter our position. (We would feel better about it if it were trading at 38 vs 41)
We are LONG for today’s event but don’t see a huge move up initially and perhaps an initial drop to sideways before. Trade Room will have updated news and moves.
(Note: This is an after-market release – today)
TARGET ‘JUMP ZONE’ POTENTIAL: 11%
CONFIDENCE RANKING: 8
POTENTIAL OPTIONS CONTRACT: NONE