Price Target Analysis PayPal Holdings, Inc. (PYPL)

28 April 2017, 01:09 | Myrtle Hill

Price Target Analysis PayPal Holdings, Inc. (PYPL)

Paypal logo

PayPal has recently expanded its partnership with Google and is planning to expand its mobile payments.

Paypal Holdings Inc (NASDAQ:PYPL) was upgraded by equities researchers at Piper Jaffray Companies from an "underweight" rating to a "neutral" rating in a report released on Thursday.

PayPal returned $517 million capital to shareholders through stock buybacks during the quarter.

The author does not own PayPal shares. A month ago, they told us to expect earnings of US$0.42 per share while three months ago their EPS consensus estimate was US$0.42.

PayPal had its " rating reiterated by analysts at Stifel Nicolaus.

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Shares outstanding are recorded as 1190.41 B and total shares floated are 1128.52 B. Current ratio which is the relationship between current assets and current liabilities, indicating the liquidity of a business is calculated as 1.50. (PYPL)'s latest closing price distance was 10.57% from the average-price of 200 days while it maintained a distance from the 50 Day Moving Average at 4.60% and 3.71% compared with the 20 Day Moving Average. (NASDAQ:PYPL) to report earnings on April, 26 for the fiscal quarter ending Mar 2017. The stock has a market cap of $53.63 billion, a P/E ratio of 38.62 and a beta of 0.91. The shares were sold at an average price of $42.63, for a total transaction of $741,165.18. The business earned $2.98 billion during the quarter, compared to analysts' expectations of $2.94 billion. One obvious way to identify high earnings per share growth companies is to find companies that have demonstrated such growth over the past 5 to 10 years. The current Zacks consensus target price on shares of Paypal Holdings Inc (NASDAQ:PYPL) is $46.954.

PayPal Holdings, Inc. shares increased 2.56 percent over the past week and rose 3.09 percent over the previous month.

In terms of revenues, PayPal saw a stagnation in this figure on a quarterly basis, reporting $2.98 billion in Q1 2017, which was unchanged quarter-over-quarter on from Q4 2016 on a foreign currency neutral (FX-neutral) basis. Nevertheless, it is a common misunderstanding that a greater share price directs towards a larger company where stock price might also twist the definite worth of the organization.

TRADEMARK VIOLATION NOTICE: "Paypal Holdings Inc (PYPL) Price Target Raised to $52.00" was originally posted by Markets Daily and is the property of of Markets Daily. There is 32 payments transactions per active account on a trailing twelve months basis, up 12% were on mobile devices and that mobile payment volume grew 51%. As a result, the stock got hammered by 7.87 percent in extended hours trading on Wednesday. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Axiom Capital initiated the shares of PYPL in report on Thursday, September 17 with "Hold" rating. Following the sale, the executive vice president now directly owns 39,405 shares in the company, valued at approximately $1,675,500.60. The disclosure for this sale can be found here.

PayPal Holdings, a technology platform and digital payments firm that enables digital and mobile payments on behalf of clients and merchants. It payment platform includes PayPal, PayPal Credit, Venmo and Braintree products.

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