ValuEngine Upgrades ETSY to STRONG BUY

For today’s bulletin, we take a look at ETSY $ETSY. We also provide a link to download a FREE STOCK REPORT on the company.

VALUATION WATCH: Overvalued stocks now make up 52.98% of our stocks assigned a valuation and 21.39% of those equities are calculated to be overvalued by 20% or more. Twelve sectors are calculated to be overvalued.
For today’s edition of our upgrade list, we used our website’s advanced screening functions to search for UPGRADES to BUY or STRONG BUY with complete forecast and valuation data. They are presented by one-month forecast return. Arqule and ETSY are rated STRONG BUY. The rest of our upgrades for today are rated BUY.

Ticker Company Name Market Price Valuation Last 12-M Return 1-M Forecast Return 1-Yr Forecast Return P/E Ratio Sector Name
ARQL ARQULE INC 5.2 193.23% 336.97% 1.31% 15.75% N/A Medical
ETSY ETSY INC 32.92 27.08% 143.13% 1.09% 13.12% 75.39 Computer and Technology
TXMD THERAPEUTICS MD 6.59 6.54% 58.41% 0.80% 9.58% N/A Medical
MLAB MESA LABS INC 192.99 29.07% 15.56% 0.56% 6.66% 50.41 Medical
CMRE COSTAMARE INC 7.65 134.56% 16.08% 0.53% 6.30% 12.75 Transportation

Want to learn more about ValuEngine? Our methods? Our history?
Check out our video presentation HERE

Etsy, Inc. (ETSY) offers e-commerce services. It provides online and offline marketplaces to buy and sell goods. The company’s product include art, home and living, mobile accessories, jewelry, wedding, and others. It operates primarily in Berlin, Germany, Dublin, Ireland, Hudson, New York, London, United Kingdom, Melbourne, Australia, Paris, France, San Francisco, California and Toronto, Canada. Etsy, Inc. is headquartered in Brooklyn, New York.

Etsy has been on a run lately, with the stock up almost 5% over the past 30 days and hitting a new 52-week high this week. For the year, the shares are up more than 60%.

The company posted decent results last month, with Q1 total revenue of $120.9 million, up 24.8% year-over-year, driven by growth in both Marketplace and Services revenue. Marketplace revenue grew 24.7% year-over-year, driven by growth in Etsy Payments. Services revenue grew 35.0% year-over-year, driven primarily by revenue growth in Promoted Listings, and, to a lesser extent, Etsy Shipping Labels.

Gross profit for the first quarter of 2018 was $79.6 million , up 27.9% year-over-year and gross margin was 65.8%, up 160 basis points compared with 64.2% in the first quarter of 2017. Net income for the first quarter of 2018 was $13.0 million , with diluted earnings per share of $0.10 , compared with a net loss of $0.4 million and a net loss per share of $0.00 in the first quarter of 2017.

ValuEngine updated its recommendation from BUY to STRONG BUY for ETSY INC on 2018-06-05. Based on the information we have gathered and our resulting research, we feel that ETSY INC has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE Momentum and Company Size.

You can download a free copy of detailed report on Etsy, Inc. (ETSY) from the link below.

ValuEngine Forecast
1-Month 33.28 1.09%
3-Month 33.53 1.85%
6-Month 34.61 5.13%
1-Year 37.24 13.12%
2-Year 36.76 11.67%
3-Year 35.98 9.29%
Valuation & Rankings
Valuation 27.08% overvalued Valuation Rank(?) 16
1-M Forecast Return 1.09% 1-M Forecast Return Rank 99
12-M Return 143.13% Momentum Rank(?) 98
Sharpe Ratio 0.22 Sharpe Ratio Rank(?) 64
5-Y Avg Annual Return 12.14% 5-Y Avg Annual Rtn Rank 78
Volatility 54.38% Volatility Rank(?) 30
Expected EPS Growth 0.00% EPS Growth Rank(?) 19
Market Cap (billions) 3.68 Size Rank 77
Trailing P/E Ratio 75.39 Trailing P/E Rank(?) 34
Forward P/E Ratio 75.39 Forward P/E Ratio Rank 5
PEG Ratio n/a PEG Ratio Rank n/a
Price/Sales 7.91 Price/Sales Rank(?) 15
Market/Book 10.77 Market/Book Rank(?) 14
Beta 0.41 Beta Rank 65
Alpha 0.83 Alpha Rank 97


DOWNLOAD A FREE SAMPLE OF OUR ETSY (ETSY) REPORT BY CLICKING HERE is an Independent Research Provider (IRP), producing buy/hold/sell recommendations, target price, and valuations on over 5,000 US and Canadian equities every trading day.
Contact ValuEngine at (800) 381-5576 or  
Visit for more information


ValuEngine Capital Management LLC is a Registered Investment Advisory (RIA) firm that trades client accounts using ValuEngine’s award-winning stock research.
Contact ValuEngine Capital at
Visit for more information


Steve Hach
Senior Editor