Slate Path Capital LP boosted its stake in Paypal Holdings Inc. Omega Advisors Inc. owned approximately 0.11% of Paypal Holdings at the end of the most recent reporting period. The institutional investor owned 4,739,713 shares of the company’s stock after buying an additional 91,680 shares during the period.
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Several executives took part in recent insider activity for the stock. The stock has a market capitalization of $47.56 Billion along with 1.21 billion- outstanding shares. The most aggressive target on the stock is $50, whereas the most downbeat target is $32. 2,687,757 shares of the stock were exchanged. Silvercrest Asset Management Group LLC boosted its stake in shares of Paypal Holdings by 3.5% in the first quarter. Finally, Vetr cut shares of Paypal Holdings from a “buy” rating to a “hold” rating and set a $42.69 target price for the company.in a research note on Monday, March 21st.
According to Zacks Investment Research, “PayPal Holdings, Inc.is a technology platform company”. NASDAQ:PYPL Credit Services is 1.5 and the Quick Ratio measures to be 1.5.
The stock of Paypal Holdings Inc (NASDAQ:PYPL) is a huge mover today!
The company’s 20-Day Simple Moving Average is measured to be 4.28% with its 200-Day Simple Moving average wandering at 7.60%. The company has PEG ratio of 2.07 and price to cash ratio of 9.88.
Earnings Roundup: In the last fiscal quarter alone, PayPal Holdings, Inc. generated around $2.54B in revenue and net income of $0.36/share. The company reported $0.37 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.02. The business’s revenue was up 19.0% compared to the same quarter a year ago. Equities research analysts forecast that Paypal Holdings Inc. will post $1.49 earnings per share for the current year. William Blair reissued an “outperform” rating on shares of Paypal Holdings in a research note on Thursday, April 28th.
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Piper Jaffray analyst Jason Deleeuw provided his insights on Paypal Holdings Inc (NASDAQ:PYPL) after his firm hosted a bear-bull debate luncheon on the company. Stifel Nicolaus cut shares of Paypal Holdings from a “buy” rating to a “hold” rating and cut their price target for the company from $41.06 to $39.93 in a research note on Thursday, March 17th. However, 18 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. A research note issued on Mar 30, 2016 the stock was Initiated by Bernstein as Mkt Perform. The 34 equity analysts who rate the stock have an average target price at $43.97, with individual targets ranging between $34 and $54. It provides businesses of various sizes to accept payments from merchant Websites, mobile devices and applications, and at offline retail locations through a range of payment solutions across its Payments Platform, including PayPal, PayPal Credit, Venmo and Braintree products.
