PayPal (NASDAQ:PYPL) Upgraded by Citigroup to "Hold" Rating

Key Points

• PayPal received a "hold" rating upgrade from Citigroup, reflecting a mixed outlook from various analysts, with the stock currently having 15 buy, 14 hold, and 3 sell ratings.
• The company's stock opened at $69.66, with a market cap of $66.55 billion and a consensus target price of $82.57.
• Recent insider activity included significant share sales, with two insiders collectively selling over 15,000 shares in recent transactions.

PayPal (NASDAQ:PYPL - Get Free Report) was upgraded by research analysts at Citigroup to a "hold" rating in a report released on Thursday,Zacks.com reports.

A number of other research firms have also weighed in on PYPL. The Goldman Sachs Group set a $70.00 target price on PayPal and gave the company a "sell" rating in a research note on Monday, October 13th. Morgan Stanley reissued a "positive" rating on shares of PayPal in a research note on Wednesday, July 30th. KeyCorp reissued a "hold" rating on shares of PayPal in a research note on Wednesday. Seaport Res Ptn raised PayPal from a "strong sell" rating to a "hold" rating in a research note on Monday, July 14th. Finally, Wells Fargo & Company raised PayPal to a "hold" rating in a research note on Wednesday. Fifteen research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and three have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, PayPal presently has a consensus rating of "Hold" and an average target price of $82.57.

PayPal Trading Up 2.3%

Shares of PYPL stock opened at $69.66 on Thursday. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.56. The business has a 50-day moving average price of $68.93 and a two-hundred day moving average price of $69.66. PayPal has a 12-month low of $55.85 and a 12-month high of $93.66. The firm has a market cap of $66.55 billion, a P/E ratio of 14.88, a price-to-earnings-growth ratio of 1.05 and a beta of 1.44.

PayPal (NASDAQ:PYPL - Get Free Report) last issued its quarterly earnings results on Tuesday, July 29th. The credit services provider reported $1.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.30 by $0.10. PayPal had a return on equity of 25.35% and a net margin of 14.49%.The firm had revenue of $8.29 billion during the quarter, compared to analyst estimates of $8.08 billion. During the same quarter in the previous 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. Equities analysts anticipate that PayPal will post 5.03 EPS for the current fiscal year.

Insider Activity at PayPal

In other PayPal news, CAO Chris Natali sold 7,102 shares of the company's stock in a transaction that occurred on Thursday, July 31st. The stock was sold at an average price of $69.35, for a total transaction of $492,523.70. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Suzan Kereere sold 4,162 shares of the company's stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $69.39, for a total value of $288,801.18. Following the transaction, the insider owned 48,483 shares in the company, valued at $3,364,235.37. This trade represents a 7.91% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 15,102 shares of company stock worth $1,046,607 in the last 90 days. Company insiders own 0.08% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Gordian Capital Singapore Pte Ltd grew its holdings in shares of PayPal by 41.2% during the 1st quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider's stock worth $31,000 after acquiring an additional 138 shares during the period. GSB Wealth Management LLC grew its holdings in shares of PayPal by 1.7% during the 2nd quarter. GSB Wealth Management LLC now owns 8,160 shares of the credit services provider's stock worth $606,000 after acquiring an additional 140 shares during the period. CreativeOne Wealth LLC grew its holdings in shares of PayPal by 1.5% during the 1st quarter. CreativeOne Wealth LLC now owns 9,387 shares of the credit services provider's stock worth $613,000 after acquiring an additional 142 shares during the period. Wedmont Private Capital grew its holdings in shares of PayPal by 1.6% during the 3rd quarter. Wedmont Private Capital now owns 9,157 shares of the credit services provider's stock worth $614,000 after acquiring an additional 142 shares during the period. Finally, Pitti Group Wealth Management LLC grew its holdings in shares of PayPal by 1.5% during the 2nd quarter. Pitti Group Wealth Management LLC now owns 10,233 shares of the credit services provider's stock worth $761,000 after acquiring an additional 147 shares during the period. Hedge funds and other institutional investors own 68.32% of the company's stock.

About PayPal

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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