PayPal Holdings, Inc. (NASDAQ:PYPL – Get Free Report) shares fell 1.1% during mid-day trading on Tuesday . The company traded as low as $50.76 and last traded at $50.88. 13,453,832 shares traded hands during mid-day trading, a decline of 39% from the average session volume of 22,147,387 shares. The stock had previously closed at $51.46.
Trending Headlines about PayPal
Here are the key news stories impacting PayPal this week:
- Positive Sentiment: PayPal secured an official P2P partnership with the NFL, driving renewed enthusiasm and a short-term price pop; Bank of America raised its target afterward, citing the deal’s marketing and user-engagement potential. PayPal (PYPL) Stock: Bank of America Raises Target to $55 After NFL Deal
- Positive Sentiment: Coverage and headlines highlighting the NFL tie-up pushed PYPL above the $50 mark in recent trade sessions, signaling improved sentiment and potential re-acceleration of payments volume from promotional lift. PYPL Stock Pops Past $50 as PayPal Locks Down NFL Partnership
- Positive Sentiment: Recent bullish write-ups summarize a value-oriented thesis for PayPal based on low forward P/E and improving profitability metrics, which supports some buy-side interest at current multiples. Is PayPal Holdings, Inc. (PYPL) A Good Stock To Buy Now?
- Neutral Sentiment: BMO Capital initiated coverage with a Market Perform / Hold, which is not a strong buy signal and keeps expectations measured; multiple outlets reported this initiation. BMO Capital initiates coverage of PayPal Holdings (PYPL) with market perform recommendation
- Neutral Sentiment: Analyst chatter and “trending” coverage (Zacks, Yahoo, TipRanks summaries) are increasing interest but contain mixed takes — some highlight value/momentum while others urge caution pending execution. PayPal Holdings, Inc. (PYPL) Is a Trending Stock
- Negative Sentiment: Underlying fundamentals remain a headwind: PayPal’s most recent quarterly report missed EPS and revenue expectations, growth has been modest year-over-year, and the stock sits below its 200‑day moving average — factors that limit conviction and leave shares vulnerable to profit-taking.
Wall Street Analysts Forecast Growth
A number of research firms have issued reports on PYPL. Mizuho reaffirmed a “neutral” rating and issued a $50.00 target price (down from $60.00) on shares of PayPal in a report on Thursday, April 16th. Sanford C. Bernstein reaffirmed a “market perform” rating on shares of PayPal in a report on Tuesday, February 24th. Canaccord Genuity Group reaffirmed a “hold” rating and issued a $42.00 target price (down from $100.00) on shares of PayPal in a report on Wednesday, February 4th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of PayPal in a report on Thursday, January 22nd. Finally, William Blair reaffirmed a “market perform” rating on shares of PayPal in a report on Tuesday, February 3rd. Seven analysts have rated the stock with a Buy rating, thirty-three have assigned a Hold rating and five have given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $56.39.
PayPal Price Performance
The stock has a 50-day simple moving average of $45.49 and a 200 day simple moving average of $55.48. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.29 and a current ratio of 1.29. The company has a market cap of $44.76 billion, a P/E ratio of 9.20, a P/E/G ratio of 1.46 and a beta of 1.40.
PayPal (NASDAQ:PYPL – Get Free Report) last announced its quarterly earnings data on Tuesday, February 3rd. The credit services provider reported $1.23 EPS for the quarter, missing analysts’ consensus estimates of $1.29 by ($0.06). PayPal had a return on equity of 25.42% and a net margin of 15.77%.The firm had revenue of $8.68 billion during the quarter, compared to the consensus estimate of $8.82 billion. During the same quarter in the prior year, the business posted $1.19 EPS. PayPal’s revenue was up 4.0% compared to the same quarter last year. On average, equities analysts expect that PayPal Holdings, Inc. will post 5.32 EPS for the current year.
PayPal Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 25th. Shareholders of record on Wednesday, March 4th were given a $0.14 dividend. The ex-dividend date was Wednesday, March 4th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.1%. PayPal’s dividend payout ratio (DPR) is currently 10.35%.
Insider Buying and Selling
In related news, EVP Frank Keller sold 29,581 shares of the firm’s stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $46.02, for a total transaction of $1,361,317.62. Following the completion of the transaction, the executive vice president owned 51,567 shares in the company, valued at $2,373,113.34. This trade represents a 36.45% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Suzan Kereere sold 37,613 shares of the firm’s stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $41.49, for a total value of $1,560,563.37. Following the transaction, the insider owned 30,983 shares of the company’s stock, valued at $1,285,484.67. This trade represents a 54.83% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 87,608 shares of company stock worth $3,831,535 in the last 90 days. 0.63% of the stock is owned by company insiders.
Hedge Funds Weigh In On PayPal
Hedge funds and other institutional investors have recently modified their holdings of the stock. Bard Associates Inc. bought a new position in shares of PayPal during the 4th quarter worth approximately $25,000. Kelleher Financial Advisors bought a new position in PayPal in the 3rd quarter valued at $30,000. Cloud Capital Management LLC bought a new position in PayPal in the 3rd quarter valued at $30,000. Caitong International Asset Management Co. Ltd raised its position in PayPal by 15,233.3% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 460 shares of the credit services provider’s stock valued at $27,000 after purchasing an additional 457 shares during the last quarter. Finally, Safe Harbor Fiduciary LLC bought a new position in PayPal in the 4th quarter valued at $28,000. Institutional investors own 68.32% of the company’s stock.
PayPal Company Profile
PayPal Holdings, Inc operates a global digital payments platform that enables consumers and merchants to send and receive payments online, on mobile devices and at the point of sale. The company provides a broad set of payment solutions, including a digital wallet, merchant payment processing, checkout services, invoicing and fraud-management tools. PayPal’s platform is designed to support e-commerce, in-person retail and person-to-person transfers, targeting both individual consumers and businesses of varying sizes.
Key products and services in PayPal’s portfolio include the PayPal wallet and checkout ecosystem, the Venmo peer-to-peer mobile app, Braintree’s developer-focused payment gateway, Xoom for international money transfers, and PayPal Credit and buy-now-pay-later options.
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