PayPal Holdings Inc [PYPL] stock is trading at $66.34, up 1.83%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The PYPL shares have gain 2.01% over the last week, with a monthly amount glided 13.40%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
PayPal Holdings Inc [NASDAQ: PYPL] stock has seen the most recent analyst activity on February 13, 2024, when Daiwa Securities downgraded its rating to a Neutral and also revised its price target to $62 from $64. Previously, DZ Bank downgraded its rating to Hold on February 09, 2024, and kept the price target unchanged to $60. On February 09, 2024, downgrade downgraded it’s rating to Hold. Monness Crespi & Hardt reiterated its Buy rating and decreased its price target to $80 on February 08, 2024. Monness Crespi & Hardt reiterated its recommendation of a Buy and reduced its price target to $95 on January 29, 2024. Mizuho downgraded its rating to Neutral for this stock on January 16, 2024, and downed its price target to $65. In a note dated January 09, 2024, Morgan Stanley downgraded an Equal-Weight rating on this stock and revised its target price from $118 to $66.
PayPal Holdings Inc [PYPL] stock has fluctuated between $50.25 and $77.95 over the past year. Currently, Wall Street analysts expect the stock to reach $126.18 within the next 12 months. PayPal Holdings Inc [NASDAQ: PYPL] shares were valued at $66.34 at the most recent close of the market. An investor can expect a potential return of 90.2% based on the average PYPL price forecast.
Analyzing the PYPL fundamentals
PayPal Holdings Inc [NASDAQ:PYPL] reported sales of 29.68B for the trailing twelve months, which represents a growth of 11.05%. Gross Profit Margin for this corporation currently stands at 0.46% with Operating Profit Margin at 0.17%, Pretax Profit Margin comes in at 0.18%, and Net Profit Margin reading is 0.14%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.21 and Total Capital is 0.15. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.53.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 65.55 points at the first support level, and at 64.75 for the second support level. However, for the 1st resistance point, the stock is sitting at 66.92, and for the 2nd resistance point, it is at 67.49.
PayPal Holdings Inc [PYPL] reported earnings per share of $1.36 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $1.26/share, meaning a difference of $0.1 and a surprise factor of 7.90%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $1.3 per share as compared to estimates of $1.23 per share, a difference of $0.07 representing a surprise of 5.70%.
Ratios To Look Out For
For context, PayPal Holdings Inc’s Current Ratio is 1.29. As well, the Quick Ratio is 1.29, while the Cash Ratio is 0.19. Considering the valuation of this stock, the price to sales ratio is 2.40, the price to book ratio is 3.38 and price to earnings (TTM) ratio is 17.24.
Transactions by insiders
Recent insider trading involved Keller Frank, SVP, GM, Lg Ent & Mer Plat., that happened on Mar 01 ’24 when 7686.0 shares were sold. EVP, Global Sales, Alford Peggy completed a deal on Nov 27 ’23 to sell 15000.0 shares. Meanwhile, Chief Strat., Gr & Data Ofr Auerbach Jonathan sold 64957.0 shares on Nov 21 ’23.
