Economy

$0.32 EPS Expected for Paypal Holdings Inc (PYPL)

A number of investment brokers have recently updated their price targets on shares of PayPal (NASDAQ:PYPL). Westpac Banking Corp's holdings in PayPal Holdings were worth $19,378,000 as of its most recent SEC filing. Credit Suisse Group reaffirmed an "outperform" rating on shares of PayPal Holdings in a report on Tuesday, September 5th. State Street Corp now owns 46,257,876 shares of the company's stock worth $1,825,798,000 after buying an additional 307,533 shares in the last quarter.

If we look at the Volatility of PayPal Holdings, Inc. Pittenger & Anderson Inc. now owns 73,615 shares of the credit services provider's stock valued at $3,951,000 after buying an additional 20,305 shares during the last quarter.

PayPal Holdings, Inc.'s insider ownership stands at 0.1 percent, while its insider transaction is -23.69 percent. Schroder Investment Management Group now owns 351,474 shares of the credit services provider's stock worth $18,775,000 after acquiring an additional 30,311 shares during the last quarter. Sheaff Brock Investment Advisors LLC lifted its holdings in PayPal Holdings by 12.6% in the second quarter. CIBC World Markets Inc. now owns 157,454 shares of the credit services provider's stock valued at $8,451,000 after buying an additional 140,322 shares during the last quarter. Finally, Wellington Management Group LLP grew its holdings in shares of PayPal Holdings by 15.4% during the 1st quarter. Separately, EVP, Chief Commercial Officer Marino Gary J Sell 1351 shares of the company at a price of $59 on 2017-08-01. Following the sale, the executive vice president now owns 37,491 shares of the company's stock, valued at approximately $2,025,638.73. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO William J. Ready sold 90,000 shares of the company's stock in a transaction dated Monday, July 31st. The Average Volume of the company is 7.6 Million, while the Volume of the company in the last trading session was 13.15 Billion. The disclosure for this sale can be found here. The ROIC Quality of PayPal Holdings, Inc.

WARNING: This news story was posted by Week Herald and is the property of of Week Herald. If you are accessing this article on another publication, it was copied illegally and reposted in violation of USA and worldwide copyright & trademark laws. The stock of Paypal Holdings Inc (NASDAQ:PYPL) has "Neutral" rating given on Tuesday, March 29 by Atlantic Securities.

Several analysts have commented on the stock. PayPal Holdings, Inc. has a 52 week low of $38.06 and a 52 week high of $65.24. (The) reissued a "conviction-buy" rating and set a $72.00 price target (up from $60.00) on shares of PayPal Holdings in a research report on Thursday, July 27th. Raymond James maintained Paypal Holdings Inc (NASDAQ:PYPL) on Thursday, July 27 with "Outperform" rating.

Over the past three months, PayPal Holdings, Inc. insiders have been net buyers, dumping a net of -377,205 shares. The firm earned "Underweight" rating on Tuesday, July 21 by Piper Jaffray. Eleven brokerage firms recommended the company shares with a hold recommendation, thirty have issued a buy recommendation and two have issued a strong buy recommendation to the share. (NASDAQ:NFLX). At the time of writing, the First Call consensus price target for the company is $186.83.

After a recent scan, we can see that PayPal Holdings, Inc. (NASDAQ:PYPL) opened at 65.08 on Monday. The firm has a market cap of $78.25 billion, a price-to-earnings ratio of 52.48 and a beta of 0.98. The firm's 50 day moving average is $62.68 and its 200-day moving average is $62.68. Trading volume for PayPal Holdings, Inc. was 6.63 Million in its previous trading session.

PayPal Holdings (NASDAQ:PYPL) last issued its earnings results on Wednesday, July 26th. PYPL's profit would be $384.45M giving it 49.65 P/E if the $0.32 EPS is correct. They expect $0.32 earnings per share, up 10.34% or $0.03 from last year's $0.29 per share. For the same quarter from the prior fiscal year, firm posted $0.36 Earnings Per Share. on consensus, financial stock experts estimate that PayPal Holdings, to post $1.83 EPS for the full year.

It operates a two-sided global technology platform that links its customers, both merchants and consumers, around the globe to facilitate the processing of payment transactions, allowing it to connect merchants and consumers.



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