Earnings Forecast of PayPal Holdings, Inc. (PYPL)


Zacks Investment Research downgraded shares of PayPal Holdings, Inc. (NASDAQ:PYPL) by 19.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. Ltd lifted its position in PayPal Holdings by 171.4% during the second quarter. Lindsell Train Ltd owned about 0.52% of PayPal Holdings worth $397,483,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in PYPL. Guardian Life Insurance Co. of America now owns 4,338 shares of the credit services provider's stock worth $187,000 after purchasing an additional 38 shares in the last quarter. Westside Investment Management Inc. boosted its stake in shares of PayPal Holdings by 0.4% during the 2nd quarter. Looking at the other side of the coin, PYPL traded as low as $38.06 in the past 52 weeks, and since then the shares have risen 94.51% or $35.97.

Analyst research firms are expressing bullish stance on PayPal Holdings, Inc. BlackRock Fund Advisors now owns 13,913,897 shares of the company's stock valued at $570,052,000 after buying an additional 478,066 shares during the period. Lone Pine Capital LLC now owns 11,080,118 shares of the company's stock valued at $404,535,000 after buying an additional 650,000 shares during the period. American Trust Investment Advisors LLC increased its stake in PayPal Holdings by 1.7% during the 1st quarter. Archford Capital Strategies LLC now owns 3,241 shares of the credit services provider's stock valued at $139,000 after acquiring an additional 1,281 shares in the last quarter. However, the institutional investors are observed to own 85.70% of the total shares.

Before trading, trader, investor or shareholder must have an eye on stock's historical performance. According to today's trading volume PayPal Holdings, Inc.is BELOW its 20-Day Avg. volume with the stock showing BELOW Abnormal volume in the past 150 days. Robert W. Baird reissued an outperform rating and set a $65.00 price objective (up previously from $59.00) on shares of PayPal Holdings in a report on Thursday, July 27th. Deutsche Bank AG restated a "buy" rating and issued a $52.00 price target on shares of PayPal Holdings in a research report on Friday, October 21st.

Valued now at $74.03, the vast majority of Wall Street analysts continue to say it's worth buying.

Moving average is significant analytical tool used to discover current price trends and the possibility for a change in an established trend. Relative Strength Index (RSI-14) for PayPal Holdings, Inc.

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Given what the insider ownership patterns are saying, it makes sense to consider the technicals to see if these pieces of information reach the same conclusion about the outlook for PYPL. With that said, researchers took a deep dive into the hotly debated question: is it too late to buy PayPal Holdings, Inc.

PayPal Holdings, Inc. was covered by a number of analysts recently, 15 rated the stock as Buy, 18 rated Outperform, 12 rated Hold, 0 gave an Underperform and 0 rated sell.

PayPal Holdings (NASDAQ:PYPL) last issued its quarterly earnings results on Thursday, October 19th.

For the current quarter, 43 analysts are projecting a mean EPS of $0.52/share. The Return on Equity ratio of PayPal Holdings, Inc. The analysts estimated sales for the higher end at 3668 million and lower end at 3558.9 million while the year ago reported sale was 3477.94 million. The company's average Piotroski F-Score: 6 during the last 7 years. The company's revenue was up 21.4% compared to the same quarter last year. equities analysts expect that PayPal Holdings, Inc. will post 1.37 earnings per share for the current fiscal year.

It operates a two-sided global technology platform that links its customers, both merchants and consumers, around the globe to facilitate the processing of payment transactions, allowing it to connect merchants and consumers.