2 weeks Ago By Defense World Staff
Shares of PayPal Holdings, Inc. ( NASDAQ:PYPL – Get Free Report ) have earned an average rating of “Moderate Buy” from the thirty-four research firms that are presently covering the firm, MarketBeat.com reports.
Fifteen research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $83.45.
PYPL has been the subject of several research analyst reports. Argus upgraded PayPal from a “hold” rating to a “buy” rating in a report on Wednesday, July 31st. Mizuho upped their price target on shares of PayPal from $90.
00 to $100.00 and gave the company an “outperform” rating in a report on Monday, October 14th. Susquehanna lifted their price objective on shares of PayPal from $83.
00 to $94.00 and gave the stock a “positive” rating in a research note on Wednesday, October 30th. StockNews.
com raised shares of PayPal from a “hold” rating to a “buy” rating in a research note on Sunday, November 3rd. Finally, Keefe, Bruyette & Woods reiterated an “outperform” rating and set a $78.00 price objective on shares of PayPal in a research report on Wednesday, September 18th.
Get Our Latest Research Report on PYPL Institutional Investors Weigh In On PayPal PayPal Stock Down 1.7 % PayPal stock opened at $85.79 on Tuesday.
The company’s 50-day moving average price is $78.25 and its two-hundred day moving average price is $68.76.
The stock has a market cap of $86.01 billion, a price-to-earnings ratio of 20.70, a PEG ratio of 1.
54 and a beta of 1.43. PayPal has a 52 week low of $55.
28 and a 52 week high of $87.92. The company has a current ratio of 1.
25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.49.
PayPal ( NASDAQ:PYPL – Get Free Report ) last posted its quarterly earnings data on Tuesday, October 29th. The credit services provider reported $1.20 EPS for the quarter, beating analysts’ consensus estimates of $1.
07 by $0.13. The business had revenue of $7.
85 billion for the quarter, compared to analyst estimates of $7.88 billion. PayPal had a net margin of 14.
08% and a return on equity of 23.44%. The business’s revenue for the quarter was up 6.
0% on a year-over-year basis. During the same quarter last year, the business earned $0.97 earnings per share.
On average, analysts expect that PayPal will post 4.56 EPS for the current fiscal year. PayPal Company Profile ( Get Free Report PayPal Holdings, Inc operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide.
It operates a two-sided network at scale that connects merchants and consumers that enables its customers to connect, transact, and send and receive payments through online and in person, as well as transfer and withdraw funds using various funding sources, such as bank accounts, PayPal or Venmo account balance, PayPal and Venmo branded credit products comprising its installment products, credit and debit cards, and cryptocurrencies, as well as other stored value products, including gift cards and eligible rewards. Recommended Stories Five stocks we like better than PayPal Russell 2000 Index, How Investors Use it For Profitable Trading 3 GARP Stocks Offering Strong Growth: Aptiv, Allstate, Barrick Election Stocks: How Elections Affect the Stock Market Mouse Rising: The Iger Investment Pays Off for Disney Investors Transportation Stocks Investing Can CAVA Stock Be the Next Chipotle? Earnings Can Help Receive News & Ratings for PayPal Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PayPal and related companies with MarketBeat.com's FREE daily email newsletter .
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