PayPal’s (PYPL) Sell Rating Reiterated at The Goldman Sachs Group

The Goldman Sachs Group reiterated their sell rating on shares of PayPal (NASDAQ:PYPLFree Report) in a report issued on Monday morning, MarketBeat.com reports. The Goldman Sachs Group currently has a $70.00 target price on the credit services provider’s stock, down from their previous target price of $79.00.

PYPL has been the subject of a number of other research reports. Macquarie restated an “outperform” rating and set a $95.00 target price on shares of PayPal in a research note on Wednesday, July 30th. Wall Street Zen cut shares of PayPal from a “buy” rating to a “hold” rating in a research note on Saturday, October 4th. Morgan Stanley restated a “positive” rating on shares of PayPal in a research note on Wednesday, July 30th. Seaport Res Ptn upgraded shares of PayPal from a “strong sell” rating to a “hold” rating in a research note on Monday, July 14th. Finally, Deutsche Bank Aktiengesellschaft set a $75.00 target price on shares of PayPal in a research note on Tuesday, July 29th. Sixteen investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $83.50.

Check Out Our Latest Stock Analysis on PayPal

PayPal Stock Performance

Shares of PYPL stock opened at $67.98 on Monday. The stock has a market cap of $64.95 billion, a P/E ratio of 14.53, a P/E/G ratio of 1.07 and a beta of 1.44. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.33 and a quick ratio of 1.33. The company has a fifty day moving average price of $68.94 and a two-hundred day moving average price of $69.43. PayPal has a one year low of $55.85 and a one year high of $93.66.

PayPal (NASDAQ:PYPLGet Free Report) last announced its quarterly earnings results on Tuesday, July 29th. The credit services provider reported $1.40 EPS for the quarter, beating analysts’ consensus estimates of $1.30 by $0.10. The firm had revenue of $8.29 billion during the quarter, compared to analysts’ expectations of $8.08 billion. PayPal had a net margin of 14.49% and a return on equity of 25.35%. During the same quarter last year, the company posted $1.19 earnings per share. PayPal has set its Q3 2025 guidance at 1.180-1.220 EPS. FY 2025 guidance at 5.150-5.300 EPS. As a group, equities analysts predict that PayPal will post 5.03 EPS for the current year.

Insider Buying and Selling

In related news, EVP Diego Scotti sold 3,838 shares of the firm’s stock in a transaction dated Thursday, July 31st. The shares were sold at an average price of $69.12, for a total transaction of $265,282.56. Following the transaction, the executive vice president directly owned 16,989 shares of the company’s stock, valued at approximately $1,174,279.68. This trade represents a 18.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Chris Natali sold 7,102 shares of the firm’s stock in a transaction dated Thursday, July 31st. The stock was sold at an average price of $69.35, for a total transaction of $492,523.70. The disclosure for this sale can be found here. Over the last three months, insiders have sold 15,102 shares of company stock valued at $1,046,607. 0.08% of the stock is owned by company insiders.

Hedge Funds Weigh In On PayPal

Several hedge funds have recently bought and sold shares of the company. Gordian Capital Singapore Pte Ltd increased its holdings in PayPal by 41.2% in the 1st 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 during the period. GSB Wealth Management LLC increased its holdings in PayPal by 1.7% in the 2nd quarter. GSB Wealth Management LLC now owns 8,160 shares of the credit services provider’s stock valued at $606,000 after buying an additional 140 shares during the period. CreativeOne Wealth LLC increased its holdings in PayPal by 1.5% in the 1st quarter. CreativeOne Wealth LLC now owns 9,387 shares of the credit services provider’s stock valued at $613,000 after buying an additional 142 shares during the period. Wedmont Private Capital increased its holdings in PayPal by 1.6% in the 3rd quarter. Wedmont Private Capital now owns 9,157 shares of the credit services provider’s stock valued at $614,000 after buying an additional 142 shares during the period. Finally, Pitti Group Wealth Management LLC increased its holdings in PayPal by 1.5% in the 2nd quarter. Pitti Group Wealth Management LLC now owns 10,233 shares of the credit services provider’s stock valued at $761,000 after buying an additional 147 shares during the period. 68.32% of the stock is owned by institutional investors.

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

Analyst Recommendations for PayPal (NASDAQ:PYPL)

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.