PayPal Holdings Inc. (NASDAQ: PYPL) is 11.05% higher on its value in year-to-date trading and has touched a low of $66.39 and a high of $179.88 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The PYPL stock was last observed hovering at around $76.75 in the last trading session, with the day’s gains setting it 2.34% off its average median price target of $100.00 for the next 12 months. It is also 50.57% off the consensus price target high of $160.00 offered by 48 analysts, but current levels are -5.45% lower than the price target low of $75.00 for the same period.
Currently trading at $79.09, the stock is 6.50% and 2.87% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 12.18 million and changing 3.05% at the moment leaves the stock -6.47% off its SMA200. PYPL registered -54.43% loss for a year compared to 6-month loss of -4.42%.
The stock witnessed a 14.71% gain in the last 1 month and extending the period to 3 months gives it a -6.37%, and is -0.86% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.08% over the week and 3.03% over the month.
PayPal Holdings Inc. (PYPL) has around 30900 employees, a market worth around $87.50B and $27.05B in sales. Current P/E ratio is 40.23 and Fwd P/E is 16.62. Profit margin for the company is 8.50%. Distance from 52-week low is 19.14% and -56.03% from its 52-week high. The company has generated returns on investments over the last 12 months (14.10%).
PayPal Holdings Inc. (PYPL) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for PayPal Holdings Inc. (PYPL) is a “Overweight”. 48 analysts offering their recommendations for the stock have an average rating of 2.10, where 11 rate it as a Hold and 6 think it is a “Overweight”. 30 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.
PayPal Holdings Inc. is expected to release its quarterly report on 05/03/2023.The EPS is expected to shrink by -0.70% this year.
PayPal Holdings Inc. (PYPL) Top Institutional Holders
The shares outstanding are 1.15B, and float is at 1.14B with Short Float at 1.80%.
PayPal Holdings Inc. (PYPL) Insider Activity
A total of 8 insider transactions have happened at PayPal Holdings Inc. (PYPL) in the last six months, with sales accounting for 5 and purchases happening 3 times. The most recent transaction is an insider sale by Scheibe Gabrielle. SEC filings show that Scheibe Gabrielle sold 150 shares of the company’s common stock on Sep 16 at a price of $94.95 per share for a total of $14242.0. Following the sale, the insider now owns 8927.0 shares.
PayPal Holdings Inc. disclosed in a document filed with the SEC on Aug 04 that Alford Peggy (EVP, Global Sales) sold a total of 21,791 shares of the company’s common stock. The trade occurred on Aug 04 and was made at $97.82 per share for $2.13 million. Following the transaction, the insider now directly holds 18100.0 shares of the PYPL stock.
Still, SEC filings show that on May 06, Britto Mark (EVP, Chief Product Officer) acquired 7,370 shares at an average price of $81.04 for $0.6 million. The insider now directly holds 175,836 shares of PayPal Holdings Inc. (PYPL).
PayPal Holdings Inc. (PYPL): Who are the competitors?
The company’s main competitors (and peers) include Apple Inc. (AAPL) that is trading -17.06% down over the past 12 months and Alphabet Inc. (GOOG) that is -26.81% lower over the same period. Alphabet Inc. (GOOGL) is -27.46% down on the 1-year trading charts.