The company has a market cap of $85,575.99, a PE ratio of 50.86, a price-to-earnings-growth ratio of 2.92 and a beta of 1.03. PayPal Holdings, Inc. (NASDAQ:PYPL) earnings have risen with a quarterly rate of 19.2% over the last 5 years.
Volatility is simply a measure of the predictable daily price range-the range in which a day trader operates. They expect that PayPal Holdings, Inc. 7,932,612 shares of the company traded hands, compared to its average volume of 7,896,136. Companies with a high P/E ratio are typically growth stocks. KeyCorp analyst J. Beck now anticipates that the credit services provider will post earnings per share of $1.38 for the year, up from their prior forecast of $1.36. The firm had revenue of $3.24 billion for the quarter, compared to analysts' expectations of $3.18 billion. Return on equity is a metric of paramount significance. The firm's revenue for the quarter was up 21.4% compared to the same quarter last year. analysts predict that Paypal will post 1.37 EPS for the current fiscal year. The share price volatility of the stock remained at 1.51% for the month and by reducing the timeframe to just a week, the volatility stood at 1.21%. The sale was disclosed in a document filed with the SEC, which is available through this link. Following the transaction, the executive vice president now directly owns 37,491 shares in the company, valued at approximately $1,967,527.68.
One of the trending stocks on Wednesday was McDonald's Corporation (NYSE:MCD).
Want to see what other hedge funds are holding PYPL? Telos Capital Management Inc. boosted its stake in shares of Paypal Holdings by 4.2% in the third quarter. Harding Loevner LP boosted its stake in shares of Paypal by 86.1% during the 3rd quarter. Quadrant Capital Management LLC now owns 28,128 shares of the credit services provider's stock valued at $1,152,000 after buying an additional 160 shares during the last quarter. Harding Loevner LP now owns 11,353,818 shares of the credit services provider's stock worth $381,030,000 after acquiring an additional 5,253,746 shares in the last quarter. FMR LLC boosted its position in Paypal by 36.1% during the second quarter. FMR LLC now owns 82,268,871 shares of the credit services provider's stock worth $4,415,371,000 after acquiring an additional 21,814,940 shares in the last quarter. Finally, Catalyst Capital Advisors LLC boosted its position in shares of Paypal by 3,290.0% during the third quarter. Janus Henderson Group PLC now owns 4,861,493 shares of the credit services provider's stock worth $260,921,000 after acquiring an additional 4,444,097 shares in the last quarter.
Many value investors look for stocks with a high percent of insider ownership, under the theory that when management are shareholders, they will act in its own self interest, and create shareholder value in the long-term.
Other hedge funds have also recently added to or reduced their stakes in the company. Finally, Sanford C. Bernstein reissued an "outperform" rating and set a $66.00 target price (up from $61.00) on shares of Paypal in a research note on Tuesday, September 5th. Loop Capital increased their target price on shares of Paypal from $57.00 to $67.00 and gave the stock a "hold" rating in a research note on Friday, October 20th. They noted that the move was a valuation call. Vetr raised shares of Paypal from a "hold" rating to a "buy" rating and set a $79.66 target price on the stock in a research note on Monday, November 20th. If a stock does not have good liquidity then it may take some time before a broker is able to negotiate a deal to buy or sell a stock and the broker may not be able to get the sell or buy price that the trader is looking for. Ten research analysts have rated the stock with a hold rating, thirty-three have issued a buy rating and two have issued a strong buy rating to the company's stock.
PayPal Holdings, Inc. (NASDAQ: PYPL) has grabbed attention from the analysts when it experienced a change of 2.72% in the last trading session to close at $73.14.
PayPal Holdings, Inc is a technology platform and digital payments company that enables digital and mobile payments on behalf of consumers and merchants.