Added to YB: 2025-03-26
Pitch date: 2025-02-05
ETSY [bullish]
Etsy, Inc.
+9.42%
current return
Author Info
No bio for this author
Company Info
Etsy, Inc., together with its subsidiaries, operates two-sided online marketplaces that connect buyers and sellers in the United States, the United Kingdom, and internationally.
Market Cap
$5.4B
Pitch Price
$55.51
Price Target
95.50 (+57%)
Dividend
N/A
EV/EBITDA
15.90
P/E
23.15
EV/Sales
2.45
Sector
Broadline Retail
Category
growth
Etsy, Inc. - $ETSY
ETSY: Temporary GMV decline due to COVID overhang & category weakness. Long-term growth potential from e-commerce & intl markets. Take rate & cost structure opportunities mitigate downside. 100% FCF to buybacks. Crowded short. 6% unlevered FCF yield ex-subs. MSD%+ long-term GMV growth potential. 20% IRR over 3 years possible.
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