Economy

Analysts Showing Optimistic Trends For PayPal Holdings, Inc. (PYPL)

Peering into institutional ownership at PayPal Holdings, Inc. Institutional investors own 82.35% of the company's stock. FMR LLC grew its stake in PayPal Holdings by 36.1% in the 2nd quarter. This analysis is based on historical data about the stock's monthly performance given the overall trends of the market and particular indicators within the market.

Many analysts are providing their Estimated Earnings analysis for PayPal Holdings, Inc. and for the current quarter 43 analysts have projected that the stock could give an Average Earnings estimate of $0.52/share. The company had Year Ago Sales of 2.98 Billion. BlackRock Inc. increased its position in shares of PayPal Holdings by 4.7% in the second quarter. BlackRock Inc. now owns 62,938,949 shares of the credit services provider's stock worth $3,377,936,000 after purchasing an additional 2,835,027 shares during the period. Edgewood Management LLC boosted its position in shares of PayPal Holdings by 3.7% during the 1st quarter. Balentine LLC now owns 3,494 shares of the credit services provider's stock valued at $150,000 after acquiring an additional 780 shares during the period. Finally, Wellington Management Group LLP boosted its position in shares of PayPal Holdings by 15.4% during the 1st quarter. A P/B ratio of less than 1.0 can indicate that a stock is undervalued, while a ratio of greater than 1.0 may indicate that a stock is overvalued.

PayPal Holdings, Inc is a technology platform and digital payments company that enables digital and mobile payments on behalf of consumers and merchants. If you are viewing this report on another publication, it was stolen and reposted in violation of worldwide trademark & copyright law. The correct version of this report can be read at https://www.truebluetribune.com/2017/11/02/paypal-holdings-inc-pypl-position-increased-by-douglas-lane-associates-llc.html.

PYPL has been the topic of a number of recent analyst reports. Morgan Stanley boosted their price target on PayPal Holdings from $76.00 to $77.00 and gave the stock an "overweight" rating in a report on Friday, October 20th. Analysts reported that the Price Target for PayPal Holdings, Inc. might touch $83 high while the Average Price Target and Low price Target is $75.55 and $56 respectively. Piper Jaffray Companies restated a hold rating and set a $69.00 price objective on shares of PayPal Holdings in a report on Sunday, October 22nd. Finally, Mizuho reissued a hold rating and issued a $50.00 price target on shares of PayPal Holdings in a research report on Sunday, October 15th. This is based on a 1-5 numeric scale where Rating Scale: 1.0 Strong Buy, 2.0 Buy, 3.0 Hold, 4.0 Sell, 5.0 Strong Sell. This short time frame picture represents an upward movement of current price over average price of last 20 days.

PayPal Holdings (NASDAQ:PYPL) last released its quarterly earnings data on Thursday, October 19th.

This all ran down to the bottom line for PayPal and allowed the company to increase its earnings per share by 17%, from $0.27 per share in Q3 2016 to $0.31 per share in Q3 2017. PayPal Holdings had a return on equity of 11.33% and a net margin of 12.69%. The business had revenue of $3.24 billion for the quarter, compared to analyst estimates of $3.18 billion. Regardless which number the company hits, if earnings run in the high $0.30-to-low-$0.40 range in the coming year, PayPal's forward price to earnings ratio comes in around the mid-$30 range. The firm's revenue for the quarter was up 21.4% compared to the same quarter a year ago. The shares were sold at an average price of $58.18, for a total value of $9,890,600.00.

We can find out a lot about how a publicly-traded company is performing by checking out the buying and selling activity of that company's insiders, which is a term that refers to senior officers and directors of a company - or any person or entity owning over a ten percent portion of the total voting shares.



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