PayPal Holdings, Inc. (PYPL) Position Trimmed by Peapack Gladstone Financial Corp

Lloyd Doyle
October 13, 2017

(NASDAQ:PYPL) by 2.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The Stock now has a Weekly Volatility of 1.43% and Monthly Volatility of 1.59%. The company has its outstanding shares of 1.17B.

Investors are always on the look for the next great stock to own.

When it comes to the Analysis of a Stock, Price Target plays a vital role. Twin Capital Management Inc. raised its holdings in PayPal Holdings by 0.8% during the 1st quarter. Analysts giving shares a rating of 1 or 2 would be indicating a Buy. Balentine LLC boosted its holdings in PayPal Holdings by 28.7% in the 1st quarter. Following the sale, the chief operating officer now owns 29,252 shares in the company, valued at approximately $1,733,181. Over the past week, shares are 4.62%.

Several brokerages have commented on PYPL. PayPal Holdings Inc has $81.0 highest and $31 lowest target. Credit Suisse Group reissued an "outperform" rating and issued a $70.00 price target (up from $63.00) on shares of PayPal Holdings in a report on Tuesday. Finally, Bank of America Corporation reissued a "buy" rating and issued a $78.00 price target (up from $71.00) on shares of PayPal Holdings in a report on Friday, October 6th. Goldman Sachs Group, Inc. (The) restated a "conviction-buy" rating and set a $72.00 target price (up from $60.00) on shares of PayPal Holdings in a report on Thursday, July 27th.

Analysts have given a mean recommendation of 2.00 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). The stock presently has an average rating of Buy and a consensus target price of $63.85.

In other PayPal Holdings news, COO William J. Ready sold 90,000 shares of the stock in a transaction on Monday, July 31st.

Yesterday PayPal (NASDAQ:PYPL) traded -0.54% lower at $68.86. Finally, SRS Capital Advisors Inc. boosted its holdings in PayPal Holdings by 5.6% in the 1st quarter. Now we look at the Moving Averages, the 200-day is 35.72%, the 50-day is 11.19% and the 20-day is 6.93%. The company has a market cap of $82.80 billion, a price-to-earnings ratio of 55.53 and a beta of 0.98.

While looking at the Stock's Performance, PayPal Holdings, Inc. now shows a Weekly Performance of 4.62%, where Monthly Performance is 10.99%, Quarterly performance is 20.47%, 6 Months performance is 61.83% and yearly performance percentage is 74.2%. During last 3 month period, 0.06% of total institutional ownership has changed in the company shares. They are projecting Next Quarter growth of 21.4%. PayPal Holdings had a return on equity of 11.10% and a net margin of 12.82%. The firm's revenue was up 18.3% compared to the same quarter previous year. During the same quarter in the prior year, the company earned $0.36 EPS.

Many analysts are providing their Estimated Earnings analysis for PayPal Holdings, Inc. and for the current quarter 44 analysts have projected that the stock could give an Average Earnings estimate of $0.44/share.

Since the beginning of the calendar year, the stock is 74.46%. The shares were sold at an average price of $59.00, for a total value of $79,709.00. The current consensus recommendation provided by covering analysts is 2.00. Needham initiated the shares of PYPL in report on Friday, May 27 with "Hold" rating. BB&T Securities LLC now owns 170,765 shares of the credit services provider's stock worth $9,164,000 after purchasing an additional 33,268 shares during the period. The disclosure for this sale can be found here. Its opening price on the last trading day was $67.78.

WARNING: This report was published by Week Herald and is owned by of Week Herald.

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