With 8.43 million shares changed hands, the volume of the stock remained lighter than its average volume of 11.03 million shares. During the session, the Credit Services company that operates in wider Financial sector, reached to the highest price of $87.4725 whereas the lowest price it dropped to was $85.475. The 52-week range on PYPL shows that it touched its highest point at $87.92 and its lowest point at $55.28 during that stretch. It currently has a 1-year price target of $90.09. Beta for the stock currently stands at 1.45.
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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 5.46%, but this was up by 6.15% over a month. Three-month performance surged to 26.24% while six-month performance rose 33.84%. The stock gained 51.36% in the past year, while it has gained 39.70% so far this year. A look at the trailing 12-month EPS for PYPL yields 4.19 with Next year EPS estimates of 4.90. For the next quarter, that number is 1.12. This implies an EPS growth rate of -10.35% for this year and 7.14% for next year. EPS is expected to grow by 12.00% 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 998.99 million shares on hand for trading. On 2024-10-31, short shares totaled 22.3 million, which was 222.00000000000003 higher than short shares on 1727654400. 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 0.77252996 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 2024-09-30, PYPL reported revenue of $7847000000.0 and operating income of $1454000000.0. The EBITDA in the recently reported quarter was $1906000000.0 and diluted EPS was $0.99.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PYPL since 30 analysts follow the stock currently. There are 18 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 12 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With PYPL analysts setting a high price target of 125.0 and a low target of 70.0, the average target price over the next 12 months is 89.5025. Based on these targets, PYPL could surge 45.7% to reach the target high and fall by -18.41% to reach the target low. Reaching the average price target will result in a growth of 4.33% from current levels.
Analysts have provided yearly estimates in a range of $4.6424 being high and $4.50202 being low. For PYPL, this leads to a yearly average estimate of $4.57221. The surprise factor in the prior quarter was $0.99. Based on analyst estimates, the high estimate for the next quarter is $1.25 and the low estimate is $0.89. The average estimate for the next quarter is thus $1.12.