Shares Bouncing Above The Trend Line: PayPal Holdings, Inc. (NYSE:PYPL)
- Author: Zachary Reyes Feb 15, 2017,
Feb 15, 2017, 3:51
(NASDAQ:PYPL) during the fourth quarter, according to its most recent filing with the SEC.
Price Target is basically a projection of future price of a company's stock by the expert analysis of investment analysts or investment firms.
PayPal Holdings, Inc. (NASDAQ:PYPL) last announced results for quarter ended on 31 Dec 2016, disclosing EPS of $0.42 The reported earnings per share topped the analyst's consensus by $0 with the percentage difference between estimated and actual earnings arriving at 0.00%. MD's portfolio, making the stock its 29th largest position. Hedge funds and other institutional investors own 81.22% of the company's stock.
At the end of Sep reporting period, 461 institutional holders increased their position in PayPal Holdings, Inc. Gradient Investments LLC now owns 8,432 shares of the company's stock worth $345,000 after buying an additional 54 shares in the last quarter. Tradewinds Capital Management LLC now owns 3,855 shares of the company's stock worth $158,000 after buying an additional 75 shares in the last quarter. Integrated Wealth Management increased its stake in shares of PayPal Holdings by 9.4% in the second quarter. Marcus Capital LLC increased its stake in shares of PayPal Holdings by 0.7% in the third quarter. The third largest holder is Fmr Llc, which now holds $1.91 billion worth of this stock and that ownership represents almost 3.83% of its market capitalization. Commonwealth Bank of Australia now owns 3,420 shares of the company's stock valued at $140,000 after buying an additional 749 shares during the period. (NASDAQ:TMUS) for the current quarter.
While taking a glance at financials, we can look at a number of key indicators about PayPal Holdings, Inc.'s (PYPL). The company's last traded volume of 6.26 million shares as compared to it's an average volume of 7.11 million shares.
PayPal Holdings, Inc. (NASDAQ:PYPL) has a market capitalization of 48.98 Billion.
PayPal Holdings (NASDAQ:PYPL) last posted its earnings results on Thursday, January 26th. One quarter earlier, revenue for the stock was at $2.67 billion, with earnings at $0.35/share. Its price to free cash flow for trailing twelve months is 19.79 and Current ratio for most recent quarter of 1.50. The business's quarterly revenue was up 16.6% compared to the same quarter previous year. During the same quarter in the previous year, the business earned $0.36 earnings per share. Equities analysts anticipate that PayPal Holdings, Inc. will post $1.72 earnings per share for the current year.
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PayPal Holdings, Inc. (NASDAQ:PYPL) is now showing its ROA (Return on Assets) of 4.5%.
Several research firms have commented on PYPL. Robert W. Baird reaffirmed an "outperform" rating and set a $48.00 price target on shares of PayPal Holdings in a report on Saturday, October 22nd. Finally, Zacks Investment Research raised shares of PayPal Holdings from a "hold" rating to a "buy" rating and set a $46.00 target price for the company in a research note on Friday, January 13th. Jefferies Group LLC reaffirmed a "buy" rating and issued a $52.00 target price on shares of PayPal Holdings in a research note on Thursday, December 1st. 2 of Wall Street analysts have an underperform rating; the 0 sells versus 14 buy or better ratings. The recent change has given its price a 2.37% lead over SMA 50 and -7.52% deficit over its 52-week high. The company's shares were closed at $41.17. Following the completion of the sale, the executive vice president now directly owns 44,802 shares in the company, valued at $1,760,270.58. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
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