PayPal Holdings Inc (NASDAQ:PYPL)’s traded shares stood at 2.19 million during the latest session, with the company’s beta value hitting 1.44. At the last check today, the stock’s price was $81.89, to imply an increase of 1.31% or $1.06 in intraday trading. The PYPL share’s 52-week high remains $82.24, putting it -0.43% down since that peak but still an impressive 38.64% since price per share fell to its 52-week low of $50.25. The company has a valuation of $83.71B, with an average of 7.78 million shares in intraday trading volume over the past 10 days and average of 11.81 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for PayPal Holdings Inc (PYPL), translating to a mean rating of 2.13. Of 30 analyst(s) looking at the stock, 0 analyst(s) give PYPL a Sell rating. 0 of those analysts rate the stock as Overweight while 12 advise Hold as 18 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 1.07.
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PayPal Holdings Inc (NASDAQ:PYPL) trade information
After registering a 1.31% upside in the latest session, PayPal Holdings Inc (PYPL) has traded red over the past five days. The 5-day price performance for the stock is 2.59%, and 5.85% over 30 days. With these gigs, the year-to-date price performance is 33.34%. Short interest in PayPal Holdings Inc (NASDAQ:PYPL) saw shorts transact 23.15 million shares and set a 1.94 days time to cover.
The extremes give us $62 and $290 for target low and target high price respectively. As such, PYPL has been trading -254.13% off suggested target high and 24.29% from its likely low.
PayPal Holdings Inc (PYPL) estimates and forecasts
Looking at statistics comparing PayPal Holdings Inc share performance against respective industry, we note that the company has underperformed competitors. PayPal Holdings Inc (PYPL) shares are 27.75% up over the last 6 months, with its year-to-date growth rate lower than industry average at -12.94% against 18.70%. Revenue is forecast to shrink -17.70% this quarter before falling -20.30% for the next one. The rating firms project that company’s revenue will grow 14.80% compared to the previous financial year.
Revenue forecast for the current quarter as set by 28 analysts is 7.88B. Meanwhile, for the current quarter, a total of 28 analyst(s) estimate revenue growth to 8.46B.Earnings reports from the last fiscal year show that sales brought in 7.42B and 7.5B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 6.20% before jumping 12.80% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 17.54% for the past 5-year period. While 2024 is set for a -13.02% return in earnings, projections for the next 5 years are at 10.80% annually.
PYPL Dividends
PayPal Holdings Inc has its next earnings report out on 2024-Oct-30. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
PayPal Holdings Inc (NASDAQ:PYPL)’s Major holders
PayPal Holdings Inc insiders hold 0.22% of total outstanding shares, with institutional holders owning 74.52% of the shares at 74.68% float percentage. In total, 74.52% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 87.76 million shares (or 8.248% of shares), all amounting to roughly $5.09 billion.
The next major institution holding the largest number of shares is BLACKROCK INC. with 72.84 million shares, or about 6.8459% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $4.23 billion.
We also have Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund as the top two Mutual Funds with the largest holdings of the PayPal Holdings Inc (PYPL) shares. Going by data provided on Jun 30, 2024, Vanguard Total Stock Market Index Fund holds roughly 33.07 shares. This is just over 3.23% of the total shares, with a market valuation of $2.7 billion. Data from the same date shows that the other fund manager holds a little less at 26.85, or 2.63% of the shares, all valued at about 2.19 billion.
