PayPal (NASDAQ:PYPL) Stock Price Down 3.9% After Analyst Downgrade

PayPal Holdings, Inc. (NASDAQ:PYPL) shares were down 3.9% on Friday after Dbs Bank lowered their price target on the stock from $75.00 to $70.00. Dbs Bank currently has a hold rating on the stock. PayPal traded as low as $62.75 and last traded at $62.81. Approximately 21,870,044 shares traded hands during mid-day trading, an increase of 79% from the average daily volume of 12,218,315 shares. The stock had previously closed at $65.33.

A number of other equities research analysts also recently issued reports on PYPL. Mizuho set a $84.00 price objective on shares of PayPal in a research report on Thursday, October 30th. Wells Fargo & Company raised shares of PayPal to a “hold” rating in a report on Wednesday, October 22nd. JMP Securities decreased their price objective on shares of PayPal from $110.00 to $100.00 and set a “market outperform” rating on the stock in a research report on Wednesday, July 30th. Canaccord Genuity Group upped their price objective on PayPal from $96.00 to $100.00 and gave the stock a “buy” rating in a research note on Wednesday, October 29th. Finally, BNP Paribas Exane upped their price target on PayPal from $69.00 to $71.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 29th. Fifteen equities research analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $82.56.

Insider Activity

In other news, EVP Aaron Webster sold 9,282 shares of the business’s stock in a transaction on Monday, November 10th. The shares were sold at an average price of $66.29, for a total transaction of $615,303.78. Following the completion of the sale, the executive vice president directly owned 35,699 shares of the company’s stock, valued at approximately $2,366,486.71. The trade was a 20.64% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Chris Natali sold 1,374 shares of PayPal stock in a transaction dated Thursday, October 30th. The shares were sold at an average price of $69.13, for a total transaction of $94,984.62. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 36,156 shares of company stock valued at $2,472,271 over the last ninety days. 0.08% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On PayPal

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Hilltop National Bank purchased a new position in PayPal during the 2nd quarter valued at about $27,000. MUFG Securities EMEA plc boosted its position in PayPal by 100.4% during the 2nd quarter. MUFG Securities EMEA plc now owns 385 shares of the credit services provider’s stock valued at $29,000 after acquiring an additional 87,524 shares in the last quarter. Evermay Wealth Management LLC increased its holdings in shares of PayPal by 726.0% in the 1st quarter. Evermay Wealth Management LLC now owns 413 shares of the credit services provider’s stock valued at $27,000 after acquiring an additional 363 shares during the period. Cloud Capital Management LLC bought a new position in shares of PayPal in the 3rd quarter worth $30,000. Finally, Gordian Capital Singapore Pte Ltd boosted its position in PayPal by 41.2% during the first quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider’s stock valued at $31,000 after purchasing an additional 138 shares in the last quarter. 68.32% of the stock is owned by institutional investors.

PayPal Price Performance

The company has a market cap of $58.77 billion, a PE ratio of 12.59, a price-to-earnings-growth ratio of 0.99 and a beta of 1.45. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.56. The firm has a 50 day simple moving average of $68.54 and a 200-day simple moving average of $70.39.

PayPal (NASDAQ:PYPL) last posted its quarterly earnings data on Tuesday, October 28th. The credit services provider reported $1.34 EPS for the quarter, topping the consensus estimate of $1.20 by $0.14. The firm had revenue of $8.42 billion during the quarter, compared to analyst estimates of $8.21 billion. PayPal had a net margin of 14.96% and a return on equity of 25.64%. PayPal’s revenue was up 7.3% on a year-over-year basis. During the same quarter in the previous year, the business 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. As a group, research analysts predict that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.

PayPal Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 10th. Investors of record on Wednesday, November 19th will be given a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Wednesday, November 19th.

PayPal Company Profile

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.