PayPal Holdings, Inc. (NASDAQ:PYPL - Get Free Report) shares rose 2.1% on Friday . The stock traded as high as $67.71 and last traded at $67.41. Approximately 11,114,106 shares were traded during mid-day trading, a decline of 4% from the average daily volume of 11,620,020 shares. The stock had previously closed at $66.05.
Analyst Upgrades and Downgrades
Several brokerages have recently commented on PYPL. Rothschild & Co Redburn raised their price objective on shares of PayPal from $66.00 to $70.00 and gave the company a "neutral" rating in a research report on Tuesday, September 16th. The Goldman Sachs Group set a $70.00 price objective on shares of PayPal and gave the company a "sell" rating in a research report on Monday. 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. Seaport Res Ptn upgraded shares of PayPal from a "strong sell" rating to a "hold" rating in a research report on Monday, July 14th. Finally, Deutsche Bank Aktiengesellschaft set a $75.00 price objective on shares of PayPal in a research report on Tuesday, July 29th. Sixteen research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $83.50.
Read Our Latest Report on PayPal
PayPal Stock Performance
The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.33 and a current ratio of 1.33. The company has a market capitalization of $64.40 billion, a P/E ratio of 14.40, a P/E/G ratio of 1.05 and a beta of 1.44. The business's fifty day simple moving average is $68.90 and its 200-day simple moving average is $69.44.
PayPal (NASDAQ:PYPL - Get Free Report) last announced its quarterly earnings results on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share (EPS) for the quarter, beating 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 for 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, equities analysts anticipate that PayPal Holdings, Inc. will post 5.03 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other PayPal news, CAO Chris Natali sold 7,102 shares of PayPal stock in a transaction on Thursday, July 31st. The shares were sold at an average price of $69.35, for a total value of $492,523.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Diego Scotti sold 3,838 shares of PayPal 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 transaction, the executive vice president directly owned 16,989 shares of the company's stock, valued at $1,174,279.68. The trade was 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 valued at $1,046,607 in the last three months. Corporate insiders own 0.08% of the company's stock.
Hedge Funds Weigh In On PayPal
Institutional investors and hedge funds have recently made changes to their positions in the business. Hilltop National Bank purchased a new position in shares of PayPal during the 2nd quarter worth about $27,000. MUFG Securities EMEA plc boosted its stake in shares of PayPal by 100.4% during the 2nd 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 during the period. Evermay Wealth Management LLC boosted its stake in shares of PayPal by 726.0% during the 1st quarter. Evermay Wealth Management LLC now owns 413 shares of the credit services provider's stock worth $27,000 after purchasing an additional 363 shares during the period. Garde Capital Inc. purchased a new position in shares of PayPal during the 1st quarter worth about $28,000. Finally, Tsfg LLC boosted its stake in shares of PayPal by 81.6% during the 1st quarter. Tsfg LLC now owns 445 shares of the credit services provider's stock worth $29,000 after purchasing an additional 200 shares during the period. 68.32% of the stock is owned by hedge funds and other 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.
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