PayPal Holdings, Inc. (NASDAQ:PYPL) reported its EPS in the last quarter as $0.46/Share beating the analyst estimate of $0.43/Share by a difference of $0.03.
Given what the insider ownership patterns are saying, it makes sense to consider the technicals to see if these pieces of information reach the same conclusion about the outlook for PYPL.
According to Zacks, "PayPal is a worldwide online payments system operator". For PYPL, the company now has $2.41 Billion of cash on the books. Partnerships with Google, Facebook, Pinterest, Alibaba, Intuit and other major retailers and financial institutions are also delivering positive results. The YTD performance of the stock stands at 87.46 Percent.
Over the past 50 days, PayPal Holdings, Inc. stock was -1.27% off of the high and 22.96% removed from the low. Finally, Goldman Sachs Group, Inc. William Blair reiterated a "buy" rating on shares of PayPal Holdings in a research note on Friday, October 20th.
Sanford C. Bernstein bumped up the target of PayPal Holdings Inc (NDAQ:PYPL) to $46.00 stating a potential downside of -0.10%. Eleven equity analysts rating the company a strong buy, thirteen equity analysts rating the company a buy, twelve equity analysts rating the company a hold, three equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $43.68. Their average price target spell out an upbeat performance - a 3% and would give PYPL a market capitalization of almost $91.32B.
COPYRIGHT VIOLATION NOTICE: "PayPal Holdings, Inc". Perhaps, that suggests something about why 83.15% of the outstanding share supply is held by institutional investors. PayPal Holdings, Inc.'s average EBITDA per Share Growth Rate was 12.6 percent during the past 12 months. The firm has a market capitalization of $88,929.32, a P/E ratio of 52.85, a PEG ratio of 3.07 and a beta of 1.03. BlackRock Institutional Trust Company N.A. now owns 28,942,634 shares of the company's stock valued at $1,185,780,000 after buying an additional 792,841 shares during the last quarter. The firm had revenue of $2.67 billion for the quarter, compared to analyst estimates of $2.65 billion. The business's revenue was up 21.4% compared to the same quarter last year. equities analysts expect that PayPal Holdings, Inc. will post 1.37 EPS for the current fiscal year. "(NASDAQ:PYPL) Position Cut by Lindsell Train Ltd" was published by Week Herald and is the sole property of of Week Herald. If you are viewing this piece on another domain, it was illegally copied and reposted in violation of USA & global copyright and trademark legislation. PayPal Holdings, Inc.is based in San Jose, California. Guardian Life Insurance Co. of America grew its position in PayPal Holdings by 0.9% in the 1st quarter. The Lower end of the earnings estimate is $0.49, while the higher end of the earnings estimate is $0.55. Ltd now owns 2,863 shares of the credit services provider's stock valued at $154,000 after purchasing an additional 1,808 shares during the last quarter. Westside Investment Management Inc. boosted its stake in shares of PayPal Holdings by 0.4% during the 2nd quarter. Balentine LLC now owns 3,494 shares of the credit services provider's stock valued at $150,000 after purchasing an additional 780 shares during the last quarter.
Shares of PayPal Holdings, Inc. SRS Capital Advisors Inc. now owns 3,611 shares of the credit services provider's stock valued at $155,000 after purchasing an additional 190 shares during the last quarter. Concourse Capital Management LLC increased its stake in PayPal Holdings by 245.9% during the 1st quarter. Train Babcock Advisors LLC now owns 5,440 shares of the credit services provider's stock worth $292,000 after acquiring an additional 86 shares during the last quarter.
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.