PayPal Holdings Inc (NASDAQ:PYPL) saw an upside of 1.69% to close Monday at $58.86 after adding $0.98 on the day. The 5-day average trading volume is 12,439,340 shares of the company’s common stock. It has gained $62.62 in the past week and touched a new high 2 times within the past 5 days. An average of 13,035,755 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 15,605,444.
PYPL’s 1-month performance is -3.05% or -$2.33 on its low of $57.51 reached on 09/25/23. The company’s shares have touched a 52-week low of $57.29 and high of $95.57, with the stock’s rally to the 52-week high happening on 02/02/23. YTD, PYPL has lost -17.35% or -$12.36 and has reached a new high 11 times. However, the current price is down -38.41% from the 52-week high price.
Insider Transactions
PYPL stock investors last saw insider trading activity on Sep 05.Scheibe Gabrielle (Acting CFO & SVP, IR & Treas) most recently sold 213 shares at $63.38 per share on Sep 05. This transaction cost the insider $13,500.
Valuation Metrics
PYPL stock has a beta of 1.34. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 2.30 while the price-to-book (PB) in the most recent quarter is 3.30, with the price to cash flow ratio at 18.93.
PayPal Holdings Inc’s quick ratio for the period ended June 29 was 1.30, with the current ratio over the same period at 1.30. As well, the company’s long term debt to equity for the quarter ending June 29 was 0.56, while the total debt to equity was 0.57. In terms of profitability, the gross margin trailing 12 months is 40.48%. The trailing 12-month EBITDA margin is 18.11% while for the period ending June 29, PayPal Holdings Inc’s operating margin was 15.51%. The firm’s gross profit as reported stood at $11.65 billion against revenue of $27.52 billion.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 133.14% to $1.03 billion, while revenue of $795.0 million was 22.74% off the previous quarter. Analysts expected PYPL to announce $1.16 per share in earnings in its latest quarter, but it posted $1.16, representing a 0.00% surprise. EBITDA for the quarter stood at more than $1.4 billion. PYPL stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 54.92 billion, with total debt at $11.21 billion. Shareholders hold equity totaling $1.1 billion.
Let’s look briefly at PayPal Holdings Inc (PYPL) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 25 September was 34.75% to suggest the stock is trending Neutral, with historical volatility in this time period at 28.55%.
The stock’s 5-day moving average is $59.68, reflecting a -6.48% or -$4.08 change from its current price. PYPL is currently trading -3.81% above its 20-day SMA, -18.57% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -18.36% and SMA200 by-18.51%.
Stochastic %K and %D was 5.69% and 8.09% and the average true range (ATR) pointed at 1.58. The RSI (14) points at 37.92%, while the 14-day stochastic is at 16.40% with the period’s ATR at 1.61. The stock’s 9-day MACD Oscillator is pointing at -2.97 and -3.19 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for PayPal Holdings Inc (NASDAQ: PYPL), MoffettNathanson downgraded it to a Market perform rating. They previously had an Outperform rating on the stock. Analysts offering their rating for PYPL stock have a consensus rating for the stock as Overweight. Currently, 1 brokerage advisors rate PYPL as a “sell,”, while 13 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 4 rates the stock as overweight while 27 have offered a “buy” rating.
What is PYPL’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $55.00 and a high of $126.00, with their median price target at $86.00. Looking at these predictions, the average price target given by analysts is for PayPal Holdings Inc (PYPL) stock is $86.72.
