PayPal (NASDAQ:PYPL) Trading 1.4% Higher – Time to Buy?

PayPal Holdings, Inc. (NASDAQ:PYPL)’s stock price traded up 1.4% during trading on Friday . The stock traded as high as $63.06 and last traded at $62.67. 7,873,484 shares were traded during trading, a decline of 37% from the average session volume of 12,413,498 shares. The stock had previously closed at $61.83.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on PYPL. HSBC increased their price target on shares of PayPal from $86.00 to $93.00 and gave the company a “buy” rating in a report on Wednesday, October 29th. President Capital reduced their target price on shares of PayPal from $91.00 to $80.00 and set a “buy” rating for the company in a research note on Tuesday. TD Cowen lifted their target price on PayPal from $75.00 to $80.00 and gave the stock a “hold” rating in a research report on Wednesday, October 29th. Compass Point restated a “sell” rating and set a $66.00 price target on shares of PayPal in a research note on Wednesday, October 29th. Finally, Sanford C. Bernstein cut their price target on PayPal from $85.00 to $76.00 in a report on Tuesday, October 21st. Sixteen research analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat.com, PayPal has an average rating of “Hold” and a consensus target price of $82.06.

PayPal Trading Up 1.4%

The company has a debt-to-equity ratio of 0.56, a current ratio of 1.34 and a quick ratio of 1.34. The business’s 50 day simple moving average is $67.23 and its 200 day simple moving average is $69.93. The stock has a market cap of $58.64 billion, a P/E ratio of 12.56, a PEG ratio of 0.83 and a beta of 1.45.

PayPal (NASDAQ:PYPL) last released its quarterly earnings data on Tuesday, October 28th. The credit services provider reported $1.34 earnings per share for the quarter, beating the consensus estimate of $1.20 by $0.14. The company had revenue of $8.42 billion for the quarter, compared to analyst estimates of $8.21 billion. PayPal had a return on equity of 25.64% and a net margin of 14.96%.The company’s revenue was up 7.3% compared to the same quarter last year. During the same period in the prior year, the company posted $1.20 EPS. PayPal has set its Q4 2025 guidance at 1.270-1.310 EPS. FY 2025 guidance at 5.350-5.390 EPS. On average, analysts expect that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.

PayPal Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 10th. Shareholders of record on Wednesday, November 19th will be paid a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a yield of 0.9%. The ex-dividend date is Wednesday, November 19th. PayPal’s dividend payout ratio is currently 11.22%.

Insider Buying and Selling

In related news, insider Suzan Kereere sold 12,500 shares of PayPal stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $68.87, for a total transaction of $860,875.00. Following the completion of the transaction, the insider directly owned 30,983 shares of the company’s stock, valued at $2,133,799.21. This trade represents a 28.75% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Diego Scotti sold 3,838 shares of the business’s stock in a transaction dated Thursday, October 30th. The shares were sold at an average price of $68.97, for a total transaction of $264,706.86. Following the completion of the transaction, the executive vice president owned 16,989 shares in the company, valued at approximately $1,171,731.33. This trade represents a 18.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 36,156 shares of company stock valued at $2,432,524 in the last ninety days. Insiders own 0.08% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Hilltop National Bank acquired a new stake in PayPal during the 2nd quarter valued at $27,000. MUFG Securities EMEA plc boosted its stake in PayPal by 100.4% in the second quarter. MUFG Securities EMEA plc now owns 385 shares of the credit services provider’s stock worth $29,000 after purchasing an additional 87,524 shares in the last quarter. Kelleher Financial Advisors bought a new stake in shares of PayPal during the third quarter worth $30,000. Cloud Capital Management LLC bought a new stake in shares of PayPal during the third quarter worth $30,000. Finally, Gordian Capital Singapore Pte Ltd increased its stake in shares of PayPal by 41.2% in the first quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider’s stock valued at $31,000 after buying an additional 138 shares in the last quarter. Institutional investors own 68.32% of the company’s stock.

About PayPal

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.