PayPal Holdings' (PYPL) "Outperform" Rating Reaffirmed at Credit Suisse Group

PayPal Holdings' (PYPL)

The price-to-book ratio of 4.99 for PayPal Holdings, Inc. Atlantic Trust LLC now owns 32,260 shares of the credit services provider's stock valued at $1,732,000 after buying an additional 29,660 shares during the period.

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Several other brokerages have also commented on PYPL. Ltd grew its holdings in PayPal Holdings by 171.4% during the 2nd quarter. First Personal Financial Services has an ownership of 3,494 stocks of the credit services provider's shares valued $150,000 after scooping up an extra 1,479 shares through out the quarter. Guardian Life Insurance Co. of America boosted its holdings in PayPal Holdings by 0.9% in the first quarter.

Separately, Director John J. Donahoe unloaded 170,000 stocks of the company's shares in a trade dated Thurs, Aug 10th. Capital World Investors now owns 6,151,049 shares of the credit services provider's stock worth $330,127,000 after buying an additional 4,663,337 shares in the last quarter. Credit Suisse Group restated an "outperform" rating on shares of PayPal Holdings in a research note on Tuesday, September 5th. Stelac Advisory Services bought a new stake in PayPal Holdings through out the 1st valued at roughly $119,000. Finally, Aspen Investment Management Inc boosted its stake in shares of PayPal Holdings by 0.5% during the 1st quarter. Clean Yield Group acquired a new position in PayPal Holdings during the 1st quarter worth $127,000.

Several equities research analysts have recently issued reports on the stock. (NASDAQ:PYPL). PayPal Holdings, Inc. had a market cap of 75.9B, indicating that it has a good hold on the market value of the shares outstanding.

Also covering Paypal Holdings Inc's price target, a total of 34 firms have reported on the stock. Sanford C. Bernstein reaffirmed an outperform rating and issued a $66.00 price objective (up previously from $61.00) on shares of PayPal Holdings in a report on Tuesday, September 5th.

The target payout ratio for PayPal Holdings, now measuring at 0.00%, outlining what size the company's dividends should be. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating, thirty have issued a buy rating and two have issued a strong buy rating to the company's stock. PayPal Holdings now has an average rating of "Buy" and a consensus price target of $59.93. PayPal Holdings Inc (PYPL) presently has a 14-day Commodity Channel Index (CCI) of 69.23. The volume of PYPL witnessed a shift from 5.68 million shares, based on a 50-day average, to 7.63 million shares. The firm has a 50-day moving average price of $62.37 and a 200-day moving average price of $51.37. PayPal Holdings has a 52 week low of $38.06 and a 52 week high of $63.26. PayPal Holdings also was the recipient of some unusual options trading activity on Wednesday. The company's quarterly EPS surprised Wall Street by as much as 7% to the upside in its last earnings announcement, so investors should note this tendency when assessing consensus estimates.

PayPal Holdings (NASDAQ:PYPL) last posted its earnings results on Wednesday, July 26th. In the latest earnings report the EPS was $1.24 and is projected to be $1.84 for the current year with 1,202,396,000 shares now outstanding. The firm had revenue of $3.14 billion during the quarter, compared to analysts' expectations of $3.09 billion. Of all companies tracked, PayPal Holdings had the 14th highest net in-flow for the day. The company's EPS growth for the following year is valued at 19.74%, indicating an EPS value of 110.04% for the past 5 years, and an EPS value of 18.25% for the coming five years. The current P/B amount of PayPal Holdings, Inc. best indicates the value approach in differentiating good from the bad. If you are accessing this report on another site, it was stolen and republished in violation of US and worldwide copyright and trademark legislation. The legal version of this piece can be viewed at

In related news, EVP Gary J. Marino sold 1,351 shares of PayPal Holdings stock in a transaction dated Monday, July 3rd. The shares were sold at an average price of $54.03, for a total transaction of $72,994.53. Archford Capital Strategies has an ownership of 3,241 stocks of the credit services provider's shares valued $139,000 after scooping up an extra 1,281 shares through out the quarter. The share price has moved forward from its 20 days moving average, trading at a distance of 2.15% and stays 5.23% away from its 50 days moving average. The disclosure for this sale can be found here.

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