eBay (NASDAQ: EBAY) used to be the go-to place for anyone to sell their products online. However, with more options than ever before, the auction site's popularity may have peaked, and tougher times could be ahead for the company.
Let's take a closer look at how eBay has done recently and whether it has enough growth left to still be a good stock buy today.
In its most recent quarter, eBay was able to meet analyst expectations as revenue came in at $2.65 billion for the period, which is what they were a year ago as well. Earnings per share of $0.67 were slightly above the $0.64 that was expected, but profit of $310 million was down significantly from $721 million in the prior year.
Source Fool.com