PayPal Holdings Inc. (NASDAQ:PYPL) finished Thursday with an addition of $3.01 to close at $70.56, an upside of 4.46 percent. An average of 11,768,521 shares of common stock have been traded in the last five days. There was a gain of $1.35 in the past week, and it reached a new high 3 times over the past 12 months. The last 20 days have seen an average of 15,748,305 shares traded, while the 50-day average volume stands at 15,609,358.
PYPL stock has decreased by -9.12% in the last month. The company shares reached their 1-month lowest point of $66.39 on 12/22/22. With the stock rallying to its 52-week high on 01/04/22, shares of the company touched a low of $66.39 and a high of $196.10 in 52 weeks. It has reached a new high 2 times so far this year and lost -62.58% or -$118.02 in price. In spite of this, the price is down -64.02% from the 52-week high.
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PYPL stock investors should be aware that PayPal Holdings Inc. (PYPL) stock had its last reported insider trading activity 105 days ago on Sep 16. In this transaction, the insider spent $14,242. EVP, Global Sales, Alford Peggy, disposed of 21,791 shares at a price of $97.82 on Aug 04. The insider now owns more than $2,131,596 worth of shares. Prior to that, EVP, Global Sales Alford Peggy went on to Sale 14,767 shares at $85.32 each on May 06. An amount of $1,259,920 was transacted.
PayPal Holdings Inc. (PYPL) has a trailing price-to-earnings (P/E) ratio of 35.89. The stock’s beta is 1.32. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 2.95, the price-to-book (PB) ratio at 4.02, and the price-to-cash flow ratio at 14.12.
The quick ratio of PayPal Holdings Inc. for the three months ended September 29 was 1.30, and the current ratio was 1.30, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.51 and a total debt to equity ratio of 0.53 for the quarter ending September 29. Its gross profit as reported stood at $11.92 billion compared to revenue of $25.37 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, PayPal Holdings Inc.’s return on assets was 3.00%.
For the three-month period that ended September 29, PayPal Holdings Inc. had $4.19 billion in cash and short-term investments compared to $10.24 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $1.33 billion in the quarter, while revenues were grew 18.27%. The analyst consensus anticipated PayPal Holdings Inc.’s latest quarter earnings to come in at $0.96 per share, but it turned out to be $1.08, a 12.50% surprise. For the quarter, EBITDA amounted to $1.45 billion. Shareholders own equity worth $1.14 billion.
From a technical analysis perspective, let’s take a brief look at PayPal Holdings Inc. (PYPL) price momentum. RSI 9-day as of the close on 29 December was 46.15%, suggesting the stock is Neutral, with historical volatility in this time frame at 25.78%.
As of today, PYPL’s price is $68.81 +1.95% or $1.35 from its 5-day moving average. PYPL is currently trading -10.01% lower than its 20-day SMA and -26.70% lower than its 100-day SMA. However, the stock’s current price level is -17.27% below the SMA50 and -29.76% below the SMA200.
The stochastic %K and %D were 21.25% and 19.72%, respectively, and the average true range (ATR) was 2.52. With the 14-day stochastic at 36.54% and the average true range at 2.74, the RSI (14) stands at 41.05%. The stock has reached -0.10 on the 9-day MACD Oscillator while the 14-day reading was at -1.45.
The consensus rating for PayPal Holdings Inc. (PYPL) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell PYPL, while 14 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 6 analysts, while 29 others rate it as a “buy”.
What is PYPL’s price target for the next 12 months?
Analysts predict a range of price targets between $75.00 and $160.00, with a median target of $100.00. Taking a look at these predictions, the average price target given by analysts for PayPal Holdings Inc. (PYPL) stock is $104.20.