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PayPal (PYPL) Stock Price, News & Analysis

PayPal logo
$86.77 +1.95 (+2.30%)
(As of 11/22/2024 ET)

About PayPal Stock (NASDAQ:PYPL)

Key Stats

Today's Range
$84.57
$86.80
50-Day Range
$71.07
$87.31
52-Week Range
$55.55
$87.92
Volume
6.79 million shs
Average Volume
11.73 million shs
Market Capitalization
$86.99 billion
P/E Ratio
20.71
Dividend Yield
N/A
Price Target
$83.60
Consensus Rating
Moderate Buy

Company Overview

PayPal Holdings, Inc. is one of the world’s largest and oldest fintech companies having gotten its start in 1998. Originally a payment processing application named Confinity, the company will join forces with eBay in 2000 and then merge with the company in 2002. In 2008 Bill Me Later joined the company and eventually became Paypal Credit, the company also launched mobile apps that year that made it even easier and more accessible to millions of consumers.

Together, eBay and Paypal will change the course of eCommerce forever but the match did not last forever. Paypal quickly outgrew its original specifications to become the financial behemoth it is today. Brands in the portfolio include the original Paypal which was spun off from eBay in July 2015 as well as Venmo, Xoom, and Paypal Credit.

Dan Shulman was tapped as CEO-designee in 2014 and worked with the company extensively during the build-up to the IPO. Since then, Mr. Shulman has worked diligently as CEO to democratize and transform digital payments for the benefit of individuals, families, and businesses worldwide.

Now, PayPal provides digital financial infrastructure, services, and support across a wide range of applications globally including but not limited to payments, wallet services, and credit. The company is headquartered in San Jose, California, and is built on the belief that everyone has the right to participate in the global digital economy. The company operates a portfolio of web-based applications that provide a host of other services as well.

Paypal provides payment solutions under the PayPal, PayPal Credit, Braintree, Venmo, Xoom, Zettle, Hyperwallet, Honey, and Paidy names. The company began working with cryptocurrency late in 2020 and now supports four currencies. Paypal users can access the cryptocurrency wallet through their accounts and buy, sell, and trade the top four currencies including Bitcoin and Ethereum.

The company's platforms allow consumers to send and receive payments in over 200 countries and in approximately 50 currencies, not including cryptocurrencies which the platform supports as well. Members can connect their accounts to a bank and withdraw to it or use a PayPal-branded debit card to access funds. Balances can also be carried on a short or long-term basis but the company does not pay interest.

In terms of scale, the company boasts more than 430,000,000 active accounts including merchants and consumers. In Q2 of 2022, that equated to 5.5 billion individual transactions and more than $340 billion in total payment volume. In regards to depth, the average account made more than 48 transactions or just over 4 transactions per week. In terms of market share, Paypal began the COVID-19 pandemic with more than 50% of the market share in global digital payments and that figure increased in its wake.

PayPal Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
92nd Percentile Overall Score

PYPL MarketRank™: 

PayPal scored higher than 92% of companies evaluated by MarketBeat, and ranked 84th out of 648 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    PayPal has received a consensus rating of Moderate Buy. The company's average rating score is 2.57, and is based on 18 buy ratings, 16 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    PayPal has been the subject of 22 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about PayPal's stock forecast and price target.
  • Earnings Growth

    Earnings for PayPal are expected to grow by 7.44% in the coming year, from $4.57 to $4.91 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of PayPal is 20.71, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 119.02.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of PayPal is 20.71, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 217.80.

  • Price to Earnings Growth Ratio

    PayPal has a PEG Ratio of 1.51. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    PayPal has a P/B Ratio of 4.31. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about PayPal's valuation and earnings.
  • Percentage of Shares Shorted

    2.23% of the float of PayPal has been sold short.
  • Short Interest Ratio / Days to Cover

    PayPal has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in PayPal has recently decreased by 7.93%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    PayPal does not currently pay a dividend.

  • Dividend Growth

    PayPal does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    2.23% of the float of PayPal has been sold short.
  • Short Interest Ratio / Days to Cover

    PayPal has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in PayPal has recently decreased by 7.93%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    PayPal has a news sentiment score of 1.13. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.63 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 50 news articles for PayPal this week, compared to 34 articles on an average week.
  • Search Interest

    160 people have searched for PYPL on MarketBeat in the last 30 days. This is an increase of 7% compared to the previous 30 days.
  • MarketBeat Follows

    177 people have added PayPal to their MarketBeat watchlist in the last 30 days. This is an increase of 11% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, PayPal insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 0.14% of the stock of PayPal is held by insiders.

  • Percentage Held by Institutions

    68.32% of the stock of PayPal is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about PayPal's insider trading history.
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PYPL Stock News Headlines

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PYPL Stock Analysis - Frequently Asked Questions

PayPal's stock was trading at $61.41 at the beginning of 2024. Since then, PYPL stock has increased by 41.3% and is now trading at $86.77.
View the best growth stocks for 2024 here
.

PayPal Holdings, Inc. (NASDAQ:PYPL) posted its earnings results on Tuesday, October, 29th. The credit services provider reported $1.20 EPS for the quarter, beating analysts' consensus estimates of $1.07 by $0.13. The company's revenue for the quarter was up 6.0% compared to the same quarter last year.
Read the conference call transcript
.

PayPal subsidiaries include these companies: HONEY, gopay, Simility, hyperWALLET Systems, Jetlore, iZettle, Swift Capital, and more.

Top institutional investors of PayPal include State Street Corp (4.35%), Geode Capital Management LLC (2.14%), FMR LLC (1.67%) and Mizuho Securities USA LLC (1.05%). Insiders that own company stock include Daniel H Schulman, Daniel H Schulman, Jonathan Auerbach, Peggy Alford, Gabrielle Scheibe, Frank Keller, Deborah M Messemer, Enrique Lores, Frank D Yeary and David W Dorman.
View institutional ownership trends
.

Shares of PYPL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that PayPal investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Tesla (TSLA), Netflix (NFLX), Salesforce (CRM) and Walt Disney (DIS).

Company Calendar

Last Earnings
10/29/2024
Today
11/24/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/05/2025

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
Business Services
Current Symbol
NASDAQ:PYPL
Previous Symbol
NASDAQ:PYPL
Fax
N/A
Employees
27,200
Year Founded
1998

Price Target and Rating

Average Stock Price Target
$83.60
High Stock Price Target
$110.00
Low Stock Price Target
$60.00
Potential Upside/Downside
-3.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
35 Analysts

Profitability

Net Income
$4.25 billion
Pretax Margin
18.16%

Debt

Sales & Book Value

Annual Sales
$29.77 billion
Cash Flow
$4.55 per share
Book Value
$20.12 per share

Miscellaneous

Outstanding Shares
1,002,540,000
Free Float
1,001,135,000
Market Cap
$86.99 billion
Optionable
Optionable
Beta
1.43

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This page (NASDAQ:PYPL) was last updated on 11/24/2024 by MarketBeat.com Staff
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