Healthy Upside Potential: PayPal Holdings Inc (PYPL)

With 12.9 million shares changed hands, the volume of the stock remained heavier than its average volume of 12.34 million shares. During the session, the Credit Services company that operates in wider Financial sector, reached to the highest price of $68.12 whereas the lowest price it dropped to was $67.05. The 52-week range on PYPL shows that it touched its highest point at $70.66 and its lowest point at $50.25 during that stretch. It currently has a 1-year price target of $78.06. Beta for the stock currently stands at 1.42.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of PYPL was up-trending over the past week, with a rise of 5.69%, but this was up by 10.94% over a month. Three-month performance surged to 6.32% while six-month performance rose 15.41%. The stock gained 14.24% in the past year, while it has gained 10.63% so far this year. A look at the trailing 12-month EPS for PYPL yields 4.13 with Next year EPS estimates of 4.82. For the next quarter, that number is 1.06. This implies an EPS growth rate of -13.66% for this year and 9.40% for next year. EPS is expected to grow by 19.45% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 17.54%.

Float and Shares Shorts:

At present, 1.07 billion PYPL shares are outstanding with a float of 1.02 billion shares on hand for trading. On 2024-07-31, short shares totaled 21.37 million, which was 209.0 higher than short shares on 1719532800. In addition to Mr. James Alexander Chriss as the firm’s President, CEO & Director, Ms. Jamie S. Miller serves as its Executive VP & CFO.

Institutional Ownership:

Through their ownership of 0.74536 of PYPL’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, PYPL reported revenue of $7885000000.0 and operating income of $1438000000.0. The EBITDA in the recently reported quarter was $1874000000.0 and diluted EPS was $1.08.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PYPL since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.