PayPal Holdings, Inc. (NASDAQ:PYPL - Get Free Report) traded up 2% during trading on Wednesday . The stock traded as high as $76.50 and last traded at $76.13. 17,797,296 shares changed hands during mid-day trading, an increase of 56% from the average session volume of 11,444,551 shares. The stock had previously closed at $74.61.
Analysts Set New Price Targets
Several research analysts have commented on the company. Canaccord Genuity Group restated a "buy" rating and issued a $96.00 target price on shares of PayPal in a research note on Wednesday, July 30th. Deutsche Bank Aktiengesellschaft set a $75.00 price objective on shares of PayPal in a research report on Tuesday, July 29th. Wall Street Zen lowered shares of PayPal from a "buy" rating to a "hold" rating in a research report on Saturday. Royal Bank Of Canada reissued an "outperform" rating and issued a $88.00 price target on shares of PayPal in a report on Thursday, June 26th. Finally, Macquarie reissued an "outperform" rating and issued a $95.00 price target on shares of PayPal in a report on Wednesday, July 30th. Seventeen investment analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $84.50.
Read Our Latest Stock Analysis on PYPL
PayPal Price Performance
The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.56. The company has a market capitalization of $72.73 billion, a P/E ratio of 16.27, a P/E/G ratio of 1.10 and a beta of 1.44. The business's fifty day moving average price is $68.60 and its 200-day moving average price is $69.35.
PayPal (NASDAQ:PYPL - Get Free Report) last posted its quarterly earnings data on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.30 by $0.10. PayPal had a net margin of 14.49% and a return on equity of 25.35%. The company had revenue of $8.29 billion during the quarter, compared to the consensus estimate of $8.08 billion. During the same period in the previous year, the firm posted $1.19 EPS. 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, sell-side analysts predict that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.
Insider Buying and Selling
In other news, insider Suzan Kereere sold 4,162 shares of the business's stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $69.39, for a total value of $288,801.18. Following the completion of the sale, the insider directly owned 48,483 shares in the company, valued at approximately $3,364,235.37. The trade was a 7.91% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Diego Scotti sold 3,838 shares of the business's stock in a transaction on Thursday, July 31st. The stock was sold at an average price of $69.12, for a total transaction of $265,282.56. Following the completion of the sale, the executive vice president directly owned 16,989 shares of the company's stock, valued at $1,174,279.68. This represents a 18.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 15,102 shares of company stock worth $1,046,607 in the last quarter. 0.08% of the stock is owned by insiders.
Institutional Investors Weigh In On PayPal
Hedge funds and other institutional investors have recently modified their holdings of the stock. Evermay Wealth Management LLC lifted its position in PayPal by 726.0% in the first quarter. Evermay Wealth Management LLC now owns 413 shares of the credit services provider's stock valued at $27,000 after purchasing an additional 363 shares during the last quarter. Hilltop National Bank bought a new stake in PayPal during the 2nd quarter valued at $27,000. Garde Capital Inc. bought a new stake in PayPal during the 1st quarter valued at $28,000. Tsfg LLC raised its holdings in PayPal by 81.6% during the 1st quarter. Tsfg LLC now owns 445 shares of the credit services provider's stock valued at $29,000 after buying an additional 200 shares during the last quarter. Finally, MUFG Securities EMEA plc raised its holdings 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 buying an additional 87,524 shares during the last quarter. Institutional investors own 68.32% of the company's stock.
About PayPal
(
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.
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