PayPal Holdings Inc (NASDAQ: PYPL) is -10.71% lower on its value in year-to-date trading and has touched a low of $56.97 and a high of $93.66 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PYPL stock was last observed hovering at around $78.24 in the last trading session, with the day’s loss setting it -2.03%.
Currently trading at $76.21, the stock is -11.29% and -12.41% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 15.73 million and changing -2.59% at the moment leaves the stock 2.76% off its SMA200. PYPL registered 35.77% gain for a year compared to 6-month gain of 17.75%. The firm has a 50-day simple moving average (SMA 50) of $87.2212 and a 200-day simple moving average (SMA200) of $74.103325.
The stock witnessed a -8.58% loss in the last 1 month and extending the period to 3 months gives it a -6.32%, and is -1.95% 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 2.29% over the week and 2.67% over the month.
PayPal Holdings Inc (PYPL) has around 24400 employees, a market worth around $75.39B and $31.79B in sales. Current P/E ratio is 19.06 and Fwd P/E is 13.49. Profit margin for the company is 13.05%. Distance from 52-week low is 33.77% and -18.63% from its 52-week high. The company has generated returns on investments over the last 12 months (13.40%).
The EPS is expected to grow by 8.31% this year.
PayPal Holdings Inc (PYPL) Top Institutional Holders
2649.0 institutions hold shares in PayPal Holdings Inc (PYPL), with institutional investors hold 75.14% of the company’s shares. The shares outstanding are 993.00M, and float is at 984.02M with Short Float at 2.90%. Institutions hold 74.96% 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’sDirector. 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.
