How to Buy Etsy Stock
Etsy Inc
Etsy, Inc. operates two-sided online marketplaces that connect buyers and sellers primarily in the United States, the United Kingdom, Germany, Canada, Australia, France, and India. Its primary marketplace is Etsy.
Etsy stock last closed at $67.20, up 0.49% from the previous day, and has decreased 31.69% in one year. It has underperformed other stocks in the Internet Retail industry by 0.41 percentage points. Etsy stock is currently +15.46% from its 52-week low of $58.20, and -34.64% from its 52-week high of $102.81.
There are currently 118.49M shares of ETSY outstanding. The market cap of ETSY is $7.96B. In the last 24 hours, 2.17M ETSY shares were traded.
How to Buy Etsy Stock
Not sure how to invest in Etsy stock? Here's how.
- Figure out where to buy Etsy stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you decide where to buy Etsy stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit funds into your brokerage account: Choose your payment method and add your info.
- Research Etsy stock: The Etsy ticker symbol is ETSY. Is Etsy stock a good investment? Should you buy shares of ETSY? How do ETSY's underlying business fundamentals look? Do top analysts think Etsy is a good buy? Why has ETSY's stock price moved recently? (Hint: Our stock analysis website can help you decide if ETSY is a good stock to buy).
- Place your ETSY buy order: Decide if you will purchase ETSY shares at the current market price or use a limit order to buy ETSY shares at a specific price.
- Get the latest news on your ETSY position: Create a watchlist to important updates regarding your position in Etsy stock.
Step 1: Figure out where to buy Etsy stock
You will need an online brokerage account to access the NASDAQ market and buy ETSY stock.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've picked your brokerage, the next step is to fill out some personal information so you are able to invest in ETSY stock today.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to create a new trading account.
- Send your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you've finished signing up on the best stock trading app for beginners, your next step is to transfer the money for your investment:
Check out the video below if you need help depositing funds into your investment account.
Step 4: Research Etsy stock
Once you have decided on the best place to buy Etsy stock, it's crucial to research their stock before you buy, so you can understand the risk as well as the opportunity.
Etsy quick stats
Etsy Overview
WallStreetZen was designed to help average investors perform better fundamental analysis quickly.
You can view all of the due diligence checks on ETSY's stock page.
Is ETSY stock properly valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge ETSY's fair value.
Using relative valuations methods:
- ETSY could be undervalued based on its P/E ratio of 26.77x, relative to Internet Retail industry P/E ratio of 52.9x
- ETSY could be undervalued based on its PEG ratio of 0.94x
You can access more valuation analysis on ETSY's stock here.
ETSY Financial Health Overview
Signs that ETSY is financially healthy:
- ETSY profit margin has gone up from -27.1% to 11.2% in the past year.
- ETSY's operating cash flow of $705.51M allows it to safely service it's debt of $2.39B.
- There are more short-term assets than short-term liabilities on the ETSY balance sheet.
- ETSY earnings of $306.86M is not sufficient to cover its interest payments.
Signs that ETSY is not financially healthy:
- ETSY debt to equity ratio of -5.94 is negative.
- There are more long-term liabilities than short-term assets on the ETSY balance sheet.
- Total ETSY debt is still negative.
Is ETSY stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 14 Wall Street analysts who monitor ETSY, the consensus analyst rating on Etsy is a Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they financial advice.
Most Recent ETSY Analyst Recommendations
Shweta Khajuria, a top 15% analyst from Evercore ISI Group maintains ETSY with a buy rating and lowers their ETSY price target from $95.00 to $90.00, on Feb 22, 2024.
Edward Yruma, a top 6% analyst from Piper Sandler maintains ETSY with a strong buy rating and raises their ETSY price target from $90.00 to $103.00, on Feb 22, 2024.
Kunal Madhukar, a top 21% analyst from UBS maintains ETSY with a hold rating and lowers their ETSY price target from $75.00 to $72.00, on Feb 22, 2024.
Naved Khan, a top 10% analyst from Truist Securities maintains ETSY with a strong buy rating and lowers their ETSY price target from $87.00 to $85.00, on Feb 22, 2024.
Trevor Young, a top 34% analyst from Barclays maintains ETSY with a hold rating and raises their ETSY price target from $63.00 to $67.00, on Feb 22, 2024.
You can dig deeper into what analysts are projecting on the Etsy stock forecast page.
Metrics for Advanced ETSY Traders
ETSY Growth Numbers
Last year, ETSY earnings were $307.57M. During the last 5 year, ETSY's earnings have gone up by 31.43% per year. This was slower than the Internet Retail industry average of 36.32%.
Last year, ETSY revenue was $2.75B. During the past five year, ETSY's revenue has grown by 35.41% per year. This was faster than the Internet Retail industry average of 26.65%.
Find out more about ETSY's earnings and revenue performance here.
Are ETSY insiders buying or selling the stock?
In the last 12 months, insiders at ETSY have sold more shares than they have bought.
Merilee Buckley, CHIEF ACCOUNTING OFFICER of ETSY, was the latest ETSY insider to sell. They sold $108,681.84 worth of ETSY shares on Apr 3, 2024.
Get more info about who owns ETSY stock here.
Can I get consistent income from ETSY stock?
No, Etsy doesn't provide an income stream by paying out dividends.
What others are saying about ETSY
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Place your ETSY buy order
There are two main order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually the best for newer investors. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a specific price limit, place a limit order.
Click the Open Trade button and eToro will place the order.
If you require additional assistance investing in stocks on eToro, watch the how to video below:
Step 6: Get the latest news on your ETSY position
Now that you own some ETSY stock, you'll want to stay up-to-date on your shares.
Create a watchlist to keep track of your ETSY stock.
ETSY Feed
How to Buy Stock in Etsy
To summarize, here are the 6 steps to buy Etsy stock:
- Figure out where to buy Etsy stock
- Sign up for your brokerage account
- Deposit funds into your brokerage account
- Research Etsy stock
- Place your ETSY buy order
- Get the latest news on your ETSY position
If you are looking for a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to monitor your new investment in Etsy, hit the button below to create your watchlist.
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