EBAY
eBay Inc.
EBAY has the edge over PZZA overall, supported by lower modeled downside and stronger fundamentals.
PZZA
Papa John's International, Inc.
PZZA offers stronger valuation, but that advantage does not outweigh its weaker overall profile.
EBAY Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Strong | |
| Stable |
EBAY's revenue, profitability and cash flow are currently healthy, and its balance sheet is stable.
PZZA Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Stable | |
| Under pressure | |
| Weak |
PZZA's profitability is currently stable, but its revenue, cash flow and balance sheet are under pressure.
EBAY PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 6.9x | $31.50 | -74% |
| Fair | 16x | $71.96 | -40% |
| Forward | 18x | $120 | — |
| Expensive | 22x | $99.04 | -18% |
| Current | 26x | $120 | — |
Historical ranges are pointers, not guarantees.
EBAY's PE is in its expensive range at 26x. If earnings grow as analysts expect, today's price would be 18x next year's earnings.
PZZA PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 21x | $15.78 | -18% |
| Current | 25x | $19.16 | — |
| Fair | 33x | $25.26 | +32% |
| Expensive | 100x | $75.77 | +295% |
Historical ranges are pointers, not guarantees.
PZZA has the edge over EBAY in the historical PE scenario, which offers more potential upside but is not a forecast.
EBAY Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Growth | |
| Stable | |
| Moderate | |
| Moderate |
Analysts expect earnings and revenue growth for EBAY, with profitability holding steady.
PZZA Forward outlook
There aren't enough analyst estimates for PZZA to show an outlook.
EBAY Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $6.63 | +45% |
| Q3 2026 | $4.57 | +0.4% |
| Q2 2026 | $4.82 | +7.3% |
| Q1 2026 | $4.40 | +6% |
| Q4 2025 | $4.34 | +10% |
| Q3 2025 | $4.55 | +15% |
| Q2 2025 | $4.49 | -12% |
| Q1 2025 | $4.15 | -17% |
| Q4 2024 | $3.94 | -24% |
EBAY has the edge over PZZA on earnings, with more consistent year-over-year improvement.
PZZA Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $0.76 | -33% |
| Q2 2026 | $0.80 | -65% |
| Q1 2026 | $0.84 | -65% |
| Q4 2025 | $0.90 | -65% |
| Q3 2025 | $1.14 | -61% |
| Q2 2025 | $2.28 | +8.6% |
| Q1 2025 | $2.37 | +4.4% |
| Q4 2024 | $2.54 | +2.4% |
PZZA's earnings per share have fallen from their peak: $0.76 over the past year, against $2.89 in late 2024.
EBAY Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $3.2B | +14% |
| Q2 2026 | $3.1B | +15% |
| Q1 2026 | $3.1B | +19% |
| Q4 2025 | $3B | +15% |
| Q3 2025 | $2.8B | +9.5% |
| Q2 2025 | $2.7B | +6.1% |
| Q1 2025 | $2.6B | +1.1% |
| Q4 2024 | $2.6B | +0.7% |
EBAY has the edge over PZZA on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 19% | -1.2 points |
| Q2 2026 | 22% | +3.8 points |
| Q1 2026 | 20% | -4 points |
| Q4 2025 | 20% | -0.8 points |
| Q3 2025 | 20% | -2.7 points |
| Q2 2025 | 18% | -3.6 points |
| Q1 2025 | 24% | -0.9 points |
| Q4 2024 | 21% | +5.1 points |
EBAY has the edge over PZZA on profitability, with a higher operating margin.
PZZA Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $454.8M | -10% |
| Q2 2026 | $482.4M | -8.8% |
| Q1 2026 | $478.6M | -7.7% |
| Q4 2025 | $498.2M | -6.1% |
| Q3 2025 | $508.2M | +0.3% |
| Q2 2025 | $529.2M | +4.2% |
| Q1 2025 | $518.3M | +0.9% |
| Q4 2024 | $530.8M | -7.1% |
PZZA's revenue has slid since its 2023 peak: $455M last quarter, down 10% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 3.1% | -0.1 points |
| Q2 2026 | 4.8% | +0.2 points |
| Q1 2026 | 4.3% | -0.3 points |
| Q4 2025 | 4.9% | -0.6 points |
| Q3 2025 | 3.2% | -9.7 points |
| Q2 2025 | 4.6% | -0.9 points |
| Q1 2025 | 4.6% | -1.9 points |
| Q4 2024 | 5.6% | -1.9 points |
PZZA's operating margin was 3.1% last quarter, about level with the same quarter a year ago, near the bottom of its range since 2019.
EBAY Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $749M | -6.7% |
| Q2 2026 | $300M | +$741M |
| Q1 2026 | $897M | +39% |
| Q4 2025 | $466M | -17% |
| Q3 2025 | $803M | +24% |
| Q2 2025 | -$441M | -259% |
| Q1 2025 | $644M | +36% |
| Q4 2024 | $560M | +$564M |
EBAY has the edge over PZZA on cash flow, with more consistent year-over-year improvement.
PZZA Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $9.7M | -57% |
| Q2 2026 | $15.7M | -9.9% |
| Q1 2026 | -$6.2M | -133% |
| Q4 2025 | $2.1M | -92% |
| Q3 2025 | $22.7M | +$26.5M |
| Q2 2025 | $17.4M | +26% |
| Q1 2025 | $19.1M | +$20.2M |
| Q4 2024 | $25.2M | -38% |
PZZA still generates free cash flow, though less than at its 2020 peak: $21M over the past year.
EBAY Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.4% | -2M shares |
| 1 year | -3% | -14M shares |
| 3 years | -15% | -79M shares |
| 5 years | -31% | -205M shares |
| Available history | -44% | -359M shares |
EBAY has the edge over PZZA on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $664M |
| Q2 2026 | $323M |
| Q1 2026 | $486M |
| Q4 2025 | $635M |
| Q3 2025 | $626M |
| Q2 2025 | $624M |
| Q1 2025 | $615M |
| Q4 2024 | $911M |
EBAY spent $2.1B buying back its own shares over the past year, down 24% from the year before.
PZZA Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -- |
| 1 year | +0.3% | +86K shares |
| 3 years | +1% | +329K shares |
| 5 years | -9.8% | -3.6M shares |
| Available history | +4.7% | +1.5M shares |
PZZA has 33M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q4 2024 | $2.1M |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | $708,000 |
| Q1 2023 | $209.6M |
EBAY Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.9x | Healthy |
| Q2 2026 | 1.5x | Healthy |
| Q1 2026 | 1.4x | Healthy |
| Q4 2025 | 1.8x | Healthy |
| Q3 2025 | 1.7x | Healthy |
| Q2 2025 | 1.8x | Healthy |
| Q1 2025 | 1.4x | Healthy |
| Q4 2024 | 1.9x | Healthy |
EBAY has the edge over PZZA on leverage, with a lower net debt burden relative to earnings.
PZZA Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 4.1x | High |
| Q2 2026 | 4.0x | Elevated |
| Q1 2026 | 3.9x | Elevated |
| Q4 2025 | 3.8x | Elevated |
| Q3 2025 | 4.0x | Elevated |
| Q2 2025 | 3.2x | Elevated |
| Q1 2025 | 3.2x | Elevated |
| Q4 2024 | 3.1x | Elevated |
PZZA's net debt is about 4.0 years of its operating earnings (EBITDA), about the same as a year ago.
EBAY Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 61.9 | Neutral |
| Stochastic | 80.0 | Overbought |
EBAY's weekly RSI is 62 (neutral) and its Stochastic is 80 (overbought).
PZZA Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 30.4 | Neutral |
| Stochastic | 13.3 | Oversold |
PZZA's weekly RSI is 30 (neutral) and its Stochastic is 13 (oversold).
EBAY PE vs Consumer Cyclical Sector
| Metric | EBAY | Sector median | Relative |
|---|---|---|---|
| PE | 26x | 18x | 46% above |
| PE % | 91 | 47 | 44 pts above |
EBAY is trading at 26x earnings, a 46% premium to the Consumer Cyclical sector's median of 18x.
PZZA PE vs Consumer Cyclical Sector
| Metric | PZZA | Sector median | Relative |
|---|---|---|---|
| PE | 25x | 18x | 40% above |
| PE % | 29 | 47 | 18 pts below |
PZZA has the edge over EBAY on valuation relative to its sector.
EBAY Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $116.5 | 3.1% above |
| 20 week MA | $112.4 | 6.9% above |
| 50 week MA | $102.6 | 17% above |
| 100 week MA | $89.8 | 34% above |
| 200 week MA | $69.5 | 73% above |
EBAY has the edge over PZZA on trend strength, trading above more of its moving averages.
PZZA Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $19.2 | 0.2% below |
| 20 week MA | $23.8 | 19% below |
| 50 week MA | $30.8 | 38% below |
| 100 week MA | $37.2 | 48% below |
| 200 week MA | $51.4 | 63% below |
PZZA is in a downtrend: it's below all five of its weekly moving averages, and 63% below its 200-week average.
EBAY Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $36.1 | $50.1 | +39% |
| 2021 | $50.1 | $64.9 | +29% |
| 2022 | $64.9 | $40.2 | -38% |
| 2023 | $40.2 | $43.6 | +8.6% |
| 2024 | $43.6 | $62.8 | +44% |
| 2025 | $62.8 | $85.2 | +36% |
| 2026 YTD | $85.2 | $120.1 | +41% |
EBAY has the edge over PZZA on returns for 2026, with the stronger performance.
PZZA Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $64.5 | $87.5 | +36% |
| 2021 | $87.5 | $132.6 | +51% |
| 2022 | $132.6 | $84.0 | -37% |
| 2023 | $84.0 | $76.2 | -9.2% |
| 2024 | $76.2 | $39.5 | -48% |
| 2025 | $39.5 | $39.3 | -0.5% |
| 2026 YTD | $39.3 | $19.2 | -51% |
PZZA has finished four years in a row lower, and it's down 51% so far in 2026.