As of Thursday close, PayPal Holdings Inc.’s (NASDAQ:PYPL) stock was down -$1.08, moving down -1.81 percent to $58.60. The average number of shares traded per day over the past five days has been 20,859,980 shares. 2 times new highs have been achieved over the past 5 days, with a -$4.19 fall in that time frame. In the last twenty days, the average volume was 19,022,461, while in the previous 50 days, it was 17,764,902.
Since last month, PYPL stock retreated -21.05%. Shares of the company fell to $58.15 on 08/17/23, the lowest level in the past month. A 52-week high of $101.00 was reached on 02/02/23 after having rallying from a 52-week low of $58.95. Since the beginning of this year, PYPL’s stock price has dropped by -17.72% or -$12.62, and marked a new high 11 times. However, the stock has declined by -41.98% since its 52-week high.
PYPL stock investors should be aware that PayPal Holdings Inc. (PYPL) stock had its last reported insider trading activity 182 days ago on Feb 17. SCHULMAN DANIEL H, the President and CEO of the company, purchased of 26,065 shares for $76.17 on Feb 17. It resulted in a $1,985,306 investment by the insider. Scheibe Gabrielle sold 150 shares at an average price of $94.95 on Sep 16. The insider now owns 8,927 shares following the transaction.
Valuation Metrics
Right now, PayPal Holdings Inc. (PYPL) has a P/E ratio of about 16.37. The stock’s beta is 1.36. Besides these, the trailing price-to-sales (P/S) ratio of 2.30, the price-to-book (PB) ratio of 3.31, and the price-to-cash flow ratio of 19.22 may also be considered.
Financial Health
In the three months ended June 29, PayPal Holdings Inc.’s quick ratio stood at 1.30, while its current ratio was 1.30, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.54, and the total debt-to-equity ratio was 0.54. On the profitability front, the trailing twelve-month gross margin is 41.30% percent. In the year ended June 29, EBITDA margin amounted to 18.11%, whereas operating margins totaled 15.70%. Based on annual data, PYPL earned $11.65 billion in gross profit and brought in $27.52 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 9.30%. Return on equity (ROE) for the past 12 months was 20.40%.
In PayPal Holdings Inc.’s quarter-end financial report for June 29, it reported total debt of $10.55 billion against cash and short-term investments of $4.4 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. PYPL’s revenue rose 6.6% to $7.04 billion during the quarter, while net income inched up to $7.29 billion. While analysts expected PayPal Holdings Inc. to report $1.16 quarterly earnings, the actual figure was $1.16 per share. During the quarter, the company generated $1.4 billion in EBITDA. The liabilities of PayPal Holdings Inc. were 54.92 billion at the end of its most recent quarter ended June 29, and its total debt was $11.21 billion. The value of shareholders’ equity is $1.1 billion.
Technical Picture
This quick technical analysis looks at PayPal Holdings Inc.’s (PYPL) price momentum. With a historical volatility rate of 41.87%, the RSI 9-day stood at 27.22% on 17 August.
With respect to its five-day moving average, the current PayPal Holdings Inc. price is down by -6.67% percent or -$4.19. At present, PYPL shares trade -19.75% below its 20-day simple moving average and -20.68% percent below its 100-day simple moving average. However, the stock is currently trading approximately -9.87% below its SMA50 and -32.06% below its SMA200.
Stochastic coefficient K was 1.76% and Stochastic coefficient D was 3.65%, while ATR was 2.13. Given the Stochastic reading of 2.45% for the 14-day period, the RSI (14) reading has been calculated as 31.52%. As of today, the MACD Oscillator reading stands at -2.41, while the 14-day reading stands at -5.50.
Analyst Ratings
PayPal Holdings Inc. downgraded its rating on PayPal Holdings Inc. (NASDAQ: PYPL) to an In-line in a note to investors on August 04, 2023. The analysts firm previously had an Outperform rating on the stock.PayPal Holdings Inc. (PYPL) has been rated Overweight by analysts. According to 1 brokerage firm, PYPL is a sell, and 13 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 4 analysts rate PayPal Holdings Inc. stock as buy, with 27 recommending it as overweight.
With a median target price of $85.00, the current consensus forecast for the stock is $55.00 – $126.00. Based on these forecasts, analysts predict PayPal Holdings Inc. (PYPL) will achieve an average price target of $86.04.
