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 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.



Latest news

How early is too early to put up Christmas decor?
There's little to no exclusive Thanksgiving music, no tradition of gift-giving and it certainly isn't a cross-cultural holiday. Some years it's snowy on Halloween yet raining by Christmas - all we know is the weather is unpredictable here.

Smartron is the designer and engineer of Flipkart Billion Capture+
The rear camera can click pictures in Potrait mode, and with the dual-tone flash clicks good images in low-light condition. Further, customers will get an extra 10 percent instant discount on purchase via HDFC debit or credit card.

Sutherland Springs: Worship resumes with call to overcome
Multiple people are dead after gunfire erupted at the church, which is not far outside San Antonio, according to reports. Officials said if someone takes charge and has a plan, most people will listen and could save many lives.

Federal Bureau of Investigation searches San Diego for man suspected of wife's brutal murder
Federal Bureau of Investigation public affairs agent Mollie Halpern said Munguia uses aliases including Mono, Chuy, and Miguel. He then bound her hands with seatbelts and used jumper cables to tie her neck to the seat's head rest.

President Xi back home after APEC summit, state visits to Vietnam, Laos
It marks the first visit in 11 years by a Chinese head of state and top CPC leader to this neighboring country in Southeast Asia. As a landmark project in China-Laos cooperation in public welfare, the new hospital is expected to be put into use in 2021.

Other news