During the recent session, PayPal Holdings Inc. (NASDAQ:PYPL)’s traded shares were 3.44 million, with the beta value of the company hitting 1.40. At the last check today, the stock’s price was $73.02, reflecting an intraday gain of 0.07% or $0.05. The 52-week high for the PYPL share is $310.16, that puts it down -324.76 from that peak though still a striking 3.49% gain since the share price plummeted to a 52-week low of $70.47. The company’s market capitalization is $82.57B, and the average intraday trading volume over the past 10 days was 15.62 million shares, and the average trade volume was 17.02 million shares over the past three months.
PayPal Holdings Inc. (PYPL) received a consensus recommendation of an Overweight from analysts. That translates to a mean rating of 2.10. PYPL has a Sell rating from 1 analyst(s) out of 49 analysts who have looked at this stock. 11 analyst(s) recommend to Hold the stock while 4 suggest Overweight, and 33 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be $0.87.
PayPal Holdings Inc. (NASDAQ:PYPL) trade information
PayPal Holdings Inc. (PYPL) registered a 0.07% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 0.07% in intraday trading to $73.02 this Wednesday, 06/22/22, hitting a weekly high. The stock’s 5-day price performance is 0.70%, and it has moved by -9.40% in 30 days. Based on these gigs, the overall price performance for the year is -74.55%. The short interest in PayPal Holdings Inc. (NASDAQ:PYPL) is 22.79 million shares and it means that shorts have 1.26 day(s) to cover.
The consensus price target of analysts on Wall Street is $116.22, which implies an increase of 37.17% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $82.00 and $180.00 respectively. As a result, PYPL is trading at a discount of -146.51% off the target high and -12.3% off the low.
PayPal Holdings Inc. (PYPL) estimates and forecasts
Statistics show that PayPal Holdings Inc. has underperformed its competitors in share price, compared to the industry in which it operates. PayPal Holdings Inc. (PYPL) shares have gone down -60.06% during the last six months, with a year-to-date growth rate less than the industry average at -14.13% against 4.20. Yet analysts are ramping up their growth forecast for the fiscal year 2022. Revenue is predicted to shrink -24.30% this quarter and then drop -11.70% in the quarter after that. In the rating firms’ projections, revenue will increase 11.60% compared to the previous financial year.
Revenue for the current quarter is expected to be $6.81 billion as predicted by 37 analyst(s). Meanwhile, a consensus of 37 analyst(s) estimates revenue growth to $7.08 billion by the end of Sep 2022.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 25.00%. While earnings are projected to return -0.70% in 2022, the next five years will return 15.13% per annum.
PayPal Holdings Inc. is due to release its next quarterly earnings between July 26 and August 01. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
PayPal Holdings Inc. (NASDAQ:PYPL)’s Major holders
PayPal Holdings Inc. insiders own 0.27% of total outstanding shares while institutional holders control 75.23%, with the float percentage being 75.44%. Vanguard Group, Inc. (The) is the largest shareholder of the company, while 3,199 institutions own stock in it. As of Mar 30, 2022, the company held over 94.43 million shares (or 8.15% of all shares), a total value of $10.92 billion in shares.
The next largest institutional holding, with 78.25 million shares, is of Blackrock Inc.’s that is approximately 6.76% of outstanding shares. At the market price on Mar 30, 2022, these shares were valued at $9.05 billion.
Also, the Mutual Funds coming in first place with the largest holdings of PayPal Holdings Inc. (PYPL) shares are Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund. Data provided on Mar 30, 2022 indicates that Vanguard Total Stock Market Index Fund owns about 33.63 million shares. This amounts to just over 2.90 percent of the company’s overall shares, with a $3.89 billion market value. The same data shows that the other fund manager holds slightly less at 25.5 million, or about 2.20% of the stock, which is worth about $2.95 billion.