Etsy Stock Symbol Explained with Financial Insights

Etsy's stock symbol is ETSY, which is listed on the Nasdaq stock exchange. This symbol is used to identify the company's shares on the market.

Etsy's financial performance has been impressive, with revenue growing from $397 million in 2015 to $1.7 billion in 2020. This growth is a testament to the company's successful transition to a platform for emerging creatives.

As of 2020, Etsy's market capitalization is around $13 billion, indicating the company's significant presence in the e-commerce industry.

Etsy stock has dropped to $52.80, its lowest point since April 2020, making it a fallen angel on Wall Street.

Etsy's current low valuation provides a safety net, protecting investors from further losses.

The company's significant stock buybacks also offer a layer of protection, helping to stabilize the stock price.

There's potential for a rebound if Etsy's business growth resumes, making the risk-reward ratio favorable for investors.

Etsy's large addressable market means there's still room for growth, even if the company's current performance is sluggish.

Etsy has beaten quarterly estimates for gross merchandise sales, driven by steady demand from new and habitual buyers. This is a positive sign for the company's financial health.

Etsy's stock price has taken a hit, dropping to $52.80, its lowest point since April 2020. However, its current low valuation and stock buybacks provide some protection against further decline.

One way to gauge Etsy's financial performance is to look at its profitability metrics. Here are some key numbers:

Etsy's return on assets is significantly higher than its competitors, indicating strong financial performance.

Etsy's earnings have slipped, with revenue growth overshadowed by declining gross merchandise sales. This mixed performance is a concern for investors.

Revenue did rise, but the growth was outpaced by other factors. It's a reminder that even in a growing market, there can be challenges.

Gross merchandise sales, a key metric for Etsy, have been declining. This is a significant issue for the company.

The decline in gross merchandise sales has led to a decrease in net income. This is a direct result of the company's struggles.

Etsy's stock has taken a hit, losing around 38% of its value year to date. This steep downturn is a cause for concern among investors.

Etsy's financial strength is evident in its liquidity metrics. The company's quick ratio is a healthy 1.86, indicating it can cover its short-term debts easily.

Let's take a closer look at the financial metrics of Etsy, Shopify, and Amazon.

Etsy's current ratio is 2.00, which means it can pay off its current debts twice over. This is a strong indicator of the company's ability to manage its cash flow.

Shopify's quick ratio is significantly higher than Etsy's at 3.65, indicating it has a more liquid balance sheet.

Etsy's stock has taken a hit, with shares losing around 38% year to date.

The company is facing intensifying competition, which is a major contributor to its downward trend.

Etsy's business has slowed significantly, causing its stock price to drop to $52.80, its lowest point since April 2020.

This drop in stock price is a stark contrast to its previous status as a Wall Street darling.

Despite the challenges, Etsy's low valuation and stock buybacks provide some protection against further losses.

However, the company's future growth prospects are uncertain, making it difficult to predict when or if the stock will rebound.

Etsy stock price has taken a hit, dropping to $52.80, its lowest point since April 2020.

Revenue growth is overshadowed by declining gross merchandise sales and net income, which has contributed to the stock's decline.

Etsy's current low valuation provides some downside protection, making it a potentially favorable risk-reward situation.

The company's large addressable market still holds promise for future growth, but for now, the stock price is in trouble.

Etsy is a US-based company that operates online marketplaces connecting buyers and sellers in various countries, including the US, UK, Germany, Canada, Australia, and France.

Its primary marketplace is Etsy.com, where artisans and entrepreneurs sell to consumers.

The company also offers Reverb, a platform for buying and selling musical instruments, and Depop, a fashion resale marketplace.

Etsy Payments is a payment service offered to sellers, allowing them to process transactions securely.

Etsy operates in multiple countries, including the US, UK, Germany, Canada, Australia, and France, making it a global e-commerce player.