Added to YB: 2024-09-05
Pitch date: 2024-09-03
ETSY [neutral]
Etsy, Inc.
-2.05%
current return
Author Info
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Company Info
Etsy, Inc., together with its subsidiaries, operates two-sided online marketplaces that connect buyers and sellers worldwide.
Market Cap
$5.4B
Pitch Price
$54.24
Price Target
N/A
Dividend
N/A
EV/EBITDA
15.25
P/E
34.90
EV/Sales
2.43
Sector
Broadline Retail
Category
turnaround
Show full summary:
E.T. . . . Elliott . . . Etsy
ETSY: Elliott Management takes 13% stake, board seat. Stagnant growth post-COVID, 80% off highs. 9% FCF yield. New loyalty program launching. Elliott's Pinterest playbook: grow users, control costs, smart capital allocation. Early turnaround, waiting for execution.
Read full article (6 min)