Published: Wed, February 01, 2017
Markets | By Erika Turner

PayPal Holdings, Inc. (PYPL) Earns "Hold" Rating from Loop Capital


They now have a $48.00 price objective on the stock. Fundsmith LLP now owns 9,896,155 shares of the company's stock valued at $361,309,000 after buying an additional 5,276,062 shares during the last quarter.

Several other brokerages have also recently issued reports on PYPL. The stock tapped a 52-week high of US$4.8 while the mean 12-month price target for the shares is US$5.01. Nomura reissued a buy rating and issued a $54.00 price target on shares of PayPal Holdings in a research note on Wednesday, October 5th.

Trades for PayPal Holdings, Inc. They set a buy rating and a $51.00 price target for the company. William Blair reaffirmed an "outperform" rating on shares of PayPal Holdings in a report on Friday, October 21st.

The Stock has a 52 week low of $31.64 and one year high of $44.52.Investing in Stocks require Stock Market Traders to look into all Trading Signals. Now shares have been suggested as BUY from 3 brokerage firms and recommended as Strong Buy by 17 brokerage firms.0 brokerage firms have issued Sell rating for the company and Strong Sell rating was issued by 1 brokerage firms.11 brokerage firms have rated the company as a Hold. Tracking the stock price in relation to moving averages as well as highs and lows for the year might assist with evaluating future stock performance.

Shares of PayPal Holdings (NASDAQ:PYPL) traded down 0.20% during mid-day trading on Friday, reaching $39.78. The company's stock had a trading volume of 9,724,619 shares. The stock has a market cap of $49.11 billion, a PE ratio of 36.83 and a beta of 0.91. The company shares touched $40.010 as the high point and dipped down to as low as $39.600.

The simple 20 day moving average for PayPal Holdings, Inc.is -0.88% and the simple 200-day moving average is at 1.74%.

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PayPal Holdings (NASDAQ:PYPL) last issued its earnings results on Thursday, January 26th. The company's last traded volume of 11.49 million shares as compared to it's an average volume of 7.14 million shares. The company had revenue of $2.67 billion for the quarter, compared to the consensus estimate of $2.65 billion.

In the profitability analysis, net profit margin of the firm was recorded at 12.90% and operating profit margin was calculated at 14.60% while gross profit margin was measured as 47.40%. Paypal Holdings's quarterly revenue was up 18.1% compared to the same quarter a year ago. The companys revenue was up 16.6% compared to the same quarter past year. Analysts forecast that PayPal Holdings will post $1.72 earnings per share for the current year.

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In recent action, PayPal Holdings, Inc. The Stock has Weekly volatility of 2.27% and monthly volatility of 1.68%. The stock was sold at an average price of $39.29, for a total transaction of $67,932.41. Following the transaction, the executive vice president now directly owns 44,802 shares in the company, valued at approximately $1,760,270.58.

Hedge funds have recently made changes to their positions in the stock. Berenberg analysts disclosed their opinion on PayPal Holdings, Inc. Hedge funds and other institutional investors own 80.78% of the company's stock. Coatue Management LLC raised its position in Paypal Holdings by 107.1% in the second quarter. Integrated Wealth Management now owns 3,761 shares of the company's stock valued at $137,000 after buying an additional 322 shares during the last quarter. Mycio Wealth Partners LLC raised its position in PayPal Holdings by 35.2% in the second quarter. The short ratio in the company's stock is documented at 4.57 and the short float is around of 2.88%. Physicians Financial Services Inc. now owns 3,600 shares of the company's stock valued at $147,000 after buying an additional 300 shares in the last quarter.

PayPal Holdings, Inc (PayPal) is a technology platform company that enables digital and mobile payments on behalf of consumers and merchants across the world.

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