PayPal Holdings Inc (NASDAQ: PYPL) is 41.57% higher on its value in year-to-date trading and has touched a low of $53.87 and a high of $83.70 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 $83.01 in the last trading session, with the day’s gains setting it 3.93%.
Currently trading at $86.94, the stock is 7.65% and 11.94% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 14.96 million and changing 4.73% at the moment leaves the stock 30.38% off its SMA200. PYPL registered 60.17% gain for a year compared to 6-month gain of 35.95%. The firm has a 50-day simple moving average (SMA 50) of $77.3748 and a 200-day simple moving average (SMA200) of $66.557976.
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The stock witnessed a 7.99% loss in the last 1 month and extending the period to 3 months gives it a 33.53%, and is 11.28% up 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 2.65% over the week and 2.40% over the month.
PayPal Holdings Inc (PYPL) has around 27200 employees, a market worth around $88.94B and $31.49B in sales. Current P/E ratio is 20.77 and Fwd P/E is 17.75. Profit margin for the company is 14.06%. Distance from 52-week low is 61.39% and 3.87% from its 52-week high. The company has generated returns on investments over the last 12 months (14.36%).
with sales reaching $8.27B over the same period.The EPS is expected to shrink by -10.35% this year, but quarterly earnings will post 14.00% year-over-year. Quarterly sales are estimated to grow 10.30% in year-over-year returns.
PayPal Holdings Inc (PYPL) Top Institutional Holders
2569.0 institutions hold shares in PayPal Holdings Inc (PYPL), with institutional investors hold 76.82% of the company’s shares. The shares outstanding are 1.07B, and float is at 999.06M with Short Float at 2.42%. Institutions hold 76.65% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 87.76 million shares valued at $5.09 billion. The investor’s holdings represent 8.248% of the PYPL Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 72.84 million shares valued at $4.23 billion to account for 6.8459 of the shares outstanding. The other top investors are STATE STREET CORP which holds 44.0 million shares representing 4.1352% and valued at over $2.55 billion, while COMPREHENSIVE FINANCIAL MANAGEMENT LLC holds 2.647 of the shares totaling 28.16 million with a market value of $1.63 billion.
PayPal Holdings Inc (PYPL) Insider Activity
The most recent transaction is an insider sale by MESSEMER DEBORAH M., the company’s Director. SEC filings show that MESSEMER DEBORAH M. sold 4,422 shares of the company’s common stock on May 24 ’24 at a price of $61.65 per share for a total of $0.27 million. Following the sale, the insider now owns 13976.0 shares.
PayPal Holdings Inc disclosed in a document filed with the SEC on Mar 01 ’24 that Keller Frank (SVP, GM, Lg Ent & Mer Plat.) sold a total of 7,686 shares of the company’s common stock. The trade occurred on Mar 01 ’24 and was made at $60.64 per share for $0.47 million. Following the transaction, the insider now directly holds 23430.0 shares of the PYPL stock.
Still, SEC filings show that on Nov 27 ’23, Alford Peggy (EVP, Global Sales) disposed off 15,000 shares at an average price of $56.76 for $0.85 million. The insider now directly holds 40,601 shares of PayPal Holdings Inc (PYPL).
