PayPal Holdings, Inc. (PYPL) Underpriced by 2.7%?

Paypal Holdings Inc

Valuation Ratios of PayPal Holdings, Inc. Equity analyst BTIG Research raised the price target on October 20 changing the forecast from $70.00 to $81.00 and stated a "Buy" rating. 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. The stock gained 7.76 percent over the past month and rose 87.46 percent year-to-date.

Several other equities analysts have also issued reports on PYPL. Goldman Sachs Group, Inc. (The) restated a "buy" rating and issued a $49.00 price target (up previously from $47.00) on shares of PayPal Holdings in a research report on Sunday, October 23rd. Robert W. Baird restated an "outperform" rating and issued a $48.00 price target on shares of PayPal Holdings in a research report on Saturday, October 22nd.

PayPal Holdings, Inc. (NASDAQ:PYPL) received a Buy rating from 9 analysts. Piper Jaffray Companies reissued a "hold" rating and set a $69.00 price objective on shares of PayPal Holdings in a research report on Sunday, October 22nd.

Analysts have given a mean recommendation of 1.90 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). (NASDAQ:PYPL) traded up $0.04 during trading hours on Tuesday, reaching $74.03. 2,116,220 shares of the company's stock were exchanged, compared to its average volume of 7,608,000.

PayPal Holdings, Inc. has a fifty-two week low of $38.06 and a fifty-two week high of $75.45.

The company's stock is now moving with a +ve distance from the 200 day SMA of approximately 36.98%, and has a solid year to date (YTD) performance of 87.56% which means that the stock is constantly adding to its value from the previous fiscal year end price. The credit services provider reported $0.46 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.43 by $0.03. PayPal Holdings, Inc. (NASDAQ:PYPL) is 36.98% above its 200-day moving average, providing a measure of resistance for long positions. The firm had revenue of $3.24 billion during the quarter, compared to the consensus estimate of $3.18 billion. In the most recent financial results released by PayPal Holdings, Inc., for the quarter ending on 2017-09-30, the company posted EPS of 0.46. During the same quarter in the prior year, the firm posted $0.35 earnings per share. sell-side analysts predict that PayPal Holdings, Inc. will post 1.37 earnings per share for the current year.

How Active Are PayPal Holdings, Inc. If you are viewing this piece of content on another publication, it was illegally stolen and republished in violation of United States & global trademark & copyright legislation. The correct version of this piece can be read at https://www.truebluetribune.com/2017/11/14/paypal-holdings-inc-pypl-cut-to-hold-at-zacks-investment-research.html. BlackRock Institutional Trust Company N.A. boosted its stake in shares of PayPal Holdings by 2.8% in the third quarter. Finally, Ngam Advisors L.P. increased its stake in PayPal Holdings by 28.1% during the 1st quarter. BlackRock Fund Advisors now owns 13,913,897 shares of the company's stock valued at $570,052,000 after buying an additional 478,066 shares during the period. Finally, Train Babcock Advisors LLC lifted its position in PayPal Holdings by 1.6% during the second quarter. Westside Investment Management Inc. now owns 13,849 shares of the credit services provider's stock worth $761,000 after acquiring an additional 60 shares during the last quarter. Jackson Square Partners LLC now owns 25,313,524 shares of the company's stock valued at $1,071,595,000 after buying an additional 1,631,771 shares during the period. As of quarter end Concourse Capital Management, LLC had bought 1,420 shares growing its holdings by 1.1%. Sentry Investment Management LLC now owns 88,320 shares of the credit services provider's stock valued at $3,800,000 after purchasing an additional 3,404 shares in the last quarter.

From another technical standpoint, PayPal Holdings, Inc. The Company's combined payment solutions, including its PayPal, PayPal Credit, Braintree, Venmo, Xoom and Paydiant products, compose its Payments Platform.

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