Analysts at Piper Jaffray are out with a report this morning upgrading shares of eBay Inc. (EBAY) with a ‘Neutral’ from ‘Underweight’ rating to reflect the shareholder impact of the completed PayPal Holdings (PYPL) spinoff.
On valuation measures, eBay Inc. shares are currently priced at 14.05x this year’s forecasted earnings, compared to the industry’s 2.01x earnings multiple. Ticker has a forward P/E of 13.99 and t-12 price-to-sales ratio of 1.78. EPS for the same period is $1.93.
In the past 52 weeks, shares of San Jose, California-based e-commerce company have traded between a low of $19.50 and a high of $29.35 and are now at $27.18.
Shares are up 17.04% year-over-year and 13.76% year-to-date.
Analysts at Macquarie upgraded their rating on the shares of Level 3 Communications, Inc. (LVLT). In a research note published on Thursday, the firm lifted the name with a ‘Outperform’ from ‘Neutral’ rating.
On valuation measures, Level 3 Communications Inc. shares are currently priced at 56.04x this year’s forecasted earnings compared to the industry’s 39.14x earnings multiple. Ticker has a PEG and forward P/E ratio of 0.53 and 19.80, respectively. Price/Sales for the same period is 2.10 while EPS is $0.82.
Currently there are 10 analysts that rate LVLT a ‘Buy’, 8 rate it a ‘Hold’. No analyst rates it a ‘Sell’. LVLT has a median Wall Street price target of $62.00 with a high target of $67.00.
Schlumberger Limited (SLB) was raised to ‘Buy’ from ‘Neutral’ at Citigroup (C) on Thursday.
SLB is up $0.75 at $76.16 on normal volume. Midway through trading Thursday, 6.22 million shares of Schlumberger Ltd. have exchanged hands as compared to its average daily volume of 10.89 million shares. The stock has ranged in a price between $75.02-$77.52 after having opened the day at $76.16 as compared to the previous trading day’s close of $75.41.
In the past 52 weeks, shares of Paris, France-based oilfield services giant have traded between a low of $68.01 and a high of $108.27.
Shares are down 10.11% since the beginning of the year.
Vera Bradley, Inc. (VRA) was reiterated a ‘Market Perform’ by Telsey Advisory Group on Thursday. The broker also raised its price target on the stock to $14 from $12.
VRA is currently printing a higher than average daily trading volume with the issue trading 1.86 million shares, compared to the average volume of 595K. The stock began trading this morning at $13.25 to currently trade 5.14% higher from the prior days close of $13.32. On an intraday basis it has gotten as low as $13.12 and as high as $14.74.
Vera Bradley shares have advanced 25.31% in the last 4 weeks and 14.93% in the past three months. Over the past 5 trading sessions the stock has gained 33.47%. The Roanoke, Indiana-based company, which is currently valued at $552.45 million, has a median Wall Street price target of $12.00 with a high target of $15.00.
Vera Bradley Inc. is down 35.21% year-over-year, compared with a 2.59% loss in the S&P 500.
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