PYPL's fiscal year ends Dec 31, 2016 and the most recent quarter started on Mar 31, 2017. They now have a $61.00 target price on the credit services provider's stock. VA acquired a new stake in Paypal Holdings during the second quarter worth about $5,848,000.
A number of other equities analysts have also commented on PYPL. West Oak Capital LLC raised its position in shares of PayPal Holdings by 23.9% in the first quarter. Finally, Clean Yield Group bought a new position in shares of PayPal Holdings during the first quarter valued at $127,000. For the last quarter, the stock has performed 34.76%. Carroll Financial Associates Inc. raised its stake in shares of PayPal Holdings by 41.7% in the first quarter. The Illinois-based Dsc Advisors L.P. has invested 6.36% in the stock. The shares were sold at an average price of $52.48, for a total value of $70,848.00. (NASDAQ:PYPL) opened at 58.35 on Thursday. The company has a market capitalization of $70.31 billion, a P/E ratio of 50.0256 and a beta of 0.95. The stock's 50 day moving average price is $54.12 and its 200 day moving average price is $46.43. PayPal Holdings also saw some unusual options trading on Tuesday. This is an increase of 158% compared to the typical daily volume of 4,121 put options.
Analysts are also projecting an Average Revenue Estimate for PayPal Holdings, Inc.as $3.09 Million in the Current Quarter.
Management effectiveness shows return on equity and return on assets for the trailing twelve months at 10.06% and 3.28% respectively. The firm had revenue of $2.98 billion during the quarter, compared to analyst estimates of $2.94 billion.
Tesla, Inc. (NASDAQ:TSLA) shares were last seen up 2.71% at $328.24, which is -6.33% lower than the previous trading session. The company's quarterly revenue was up 16.9% compared to the same quarter previous year.
PayPal Holdings, Inc. on 3/30/2017 reported its EPS as $0.36 with the analysts projecting the EPS of the stock as $0.36.
PayPal Holdings announced that its Board of Directors has authorized a share repurchase program on Wednesday, April 26th that permits the company to buyback $5.00 billion in outstanding shares. This buyback authorization allows the credit services provider to purchase up to 9.3% of its stock through open market purchases. Following the transaction, the executive vice president now owns 37,491 shares of the company's stock, valued at approximately $1,967,527.68.
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Several equities research analysts have weighed in on PYPL shares. UBS maintained it with "Neutral" rating and $42 target in Friday, July 22 report. Renaissance Macro Securities LLC maintained Paypal Holdings Inc (NASDAQ:PYPL) on Thursday, June 29 with "Buy" rating.
PayPal Holdings (NASDAQ:PYPL) just had their share rating of a '"Buy"' issued by research analysts at Deutsche Bank, who now has a $61 target on the $71.79 billion market cap company or a 4.52 % upside potential. Finally, Credit Suisse Group reiterated an "outperform" rating and set a $47.00 price target on shares of PayPal Holdings in a research note on Monday, April 17th. The firm earned "Buy" rating on Wednesday, July 22 by Citigroup. 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. The stock now has a consensus rating of "Buy" and a consensus target price of $54.43. Wall Street is only getting more bullish on the stock, with 32 of analysts who cover PYPL having a buy-equivalent rating. The shares were sold at an average price of $54.03, for a total transaction of $72,994.53. Following the completion of the transaction, the director now directly owns 12,647 shares in the company, valued at approximately $682,558.59.
Regeneron Pharmaceuticals, Inc. (REGN) climbed 1.84% and its total traded volume was 0.85 million shares contrast to the average volume of 0.99 million shares. Following the sale, the executive vice president now owns 37,491 shares in the company, valued at approximately $2,025,638.73.