PayPal (NASDAQ:PYPL) Shares Down 0.3% - Should You Sell?

PayPal Holdings, Inc. (NASDAQ:PYPL - Get Free Report) shares were down 0.3% on Wednesday . The stock traded as low as $86.97 and last traded at $87.75. Approximately 1,585,374 shares traded hands during trading, a decline of 71% from the average daily volume of 5,553,265 shares. The stock had previously closed at $87.97.

Analyst Upgrades and Downgrades

PYPL has been the topic of a number of recent analyst reports. Stephens raised their price target on shares of PayPal from $75.00 to $85.00 and gave the stock an "equal weight" rating in a report on Friday, October 18th. Mizuho upped their price target on PayPal from $90.00 to $100.00 and gave the company an "outperform" rating in a research report on Monday, October 14th. Keefe, Bruyette & Woods lifted their price objective on PayPal from $92.00 to $104.00 and gave the stock an "outperform" rating in a research report on Monday, December 9th. Wells Fargo & Company boosted their target price on PayPal from $70.00 to $75.00 and gave the company an "equal weight" rating in a research note on Thursday, October 17th. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on shares of PayPal from $74.00 to $94.00 and gave the company a "buy" rating in a report on Monday, September 23rd. Fourteen research analysts have rated the stock with a hold rating, twenty-one have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $88.65.

PayPal Trading Down 0.0 %

The stock has a 50-day simple moving average of $86.15 and a two-hundred day simple moving average of $75.34. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.25 and a current ratio of 1.25. The firm has a market cap of $88.16 billion, a PE ratio of 20.99, a price-to-earnings-growth ratio of 1.66 and a beta of 1.44.

PayPal (NASDAQ:PYPL - Get Free Report) last issued its quarterly earnings data on Tuesday, October 29th. The credit services provider reported $1.20 earnings per share for the quarter, beating analysts' consensus estimates of $1.07 by $0.13. PayPal had a net margin of 14.08% and a return on equity of 23.44%. The company had revenue of $7.85 billion for the quarter, compared to the consensus estimate of $7.88 billion. During the same quarter in the prior year, the firm earned $0.97 earnings per share. The firm's revenue for the quarter was up 6.0% compared to the same quarter last year. As a group, sell-side analysts anticipate that PayPal Holdings, Inc. will post 4.57 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. Mizuho Securities USA LLC lifted its stake in shares of PayPal by 12,919.4% in the 3rd quarter. Mizuho Securities USA LLC now owns 10,500,000 shares of the credit services provider's stock worth $819,315,000 after purchasing an additional 10,419,351 shares during the period. FMR LLC raised its position in PayPal by 86.3% in the third quarter. FMR LLC now owns 16,762,080 shares of the credit services provider's stock worth $1,307,945,000 after acquiring an additional 7,767,072 shares during the period. World Investment Advisors LLC purchased a new position in shares of PayPal during the 3rd quarter worth $387,435,000. Primecap Management Co. CA grew its position in shares of PayPal by 180.7% during the 2nd quarter. Primecap Management Co. CA now owns 4,946,460 shares of the credit services provider's stock valued at $287,043,000 after acquiring an additional 3,184,160 shares during the period. Finally, Clearbridge Investments LLC increased its stake in shares of PayPal by 28.1% in the 2nd quarter. Clearbridge Investments LLC now owns 8,511,242 shares of the credit services provider's stock worth $493,907,000 after purchasing an additional 1,866,925 shares in the last quarter. Institutional investors own 68.32% of the company's stock.

PayPal Company Profile

PayPal Holdings, Inc operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. It operates a two-sided network at scale that connects merchants and consumers that enables its customers to connect, transact, and send and receive payments through online and in person, as well as transfer and withdraw funds using various funding sources, such as bank accounts, PayPal or Venmo account balance, PayPal and Venmo branded credit products comprising its installment products, credit and debit cards, and cryptocurrencies, as well as other stored value products, including gift cards and eligible rewards.