Shares of Paypal Holdings Inc (NASDAQ:PYPL) have been given an average rating of “Buy” by the forty ratings firms that are presently covering the stock. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, twenty-six have given a buy rating and one has given a strong buy rating to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $49.04.

A number of research analysts have recently issued reports on PYPL shares. Jefferies Group LLC restated a “buy” rating and issued a $52.00 price target on shares of Paypal Holdings in a research report on Friday, January 27th. BTIG Research boosted their target price on shares of Paypal Holdings from $48.00 to $53.00 and gave the company a “buy” rating in a research report on Friday, April 28th. Monness Crespi & Hardt boosted their target price on shares of Paypal Holdings from $50.00 to $54.00 and gave the company a “buy” rating in a research report on Thursday, April 27th. Vetr upgraded shares of Paypal Holdings from a “hold” rating to a “buy” rating and set a $51.23 target price on the stock in a research report on Wednesday, May 17th. Finally, Keefe, Bruyette & Woods reiterated a “buy” rating and set a $48.00 target price on shares of Paypal Holdings in a research report on Tuesday, April 4th.

In other Paypal Holdings news, EVP Gary J. Marino sold 17,386 shares of the stock in a transaction dated Thursday, March 2nd. The shares were sold at an average price of $42.63, for a total transaction of $741,165.18. Following the completion of the transaction, the executive vice president now owns 40,740 shares in the company, valued at $1,736,746.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Gary J. Marino sold 13,535 shares of the stock in a transaction dated Tuesday, April 4th. The stock was sold at an average price of $42.52, for a total transaction of $575,508.20. Following the transaction, the executive vice president now owns 39,405 shares of the company’s stock, valued at approximately $1,675,500.60. The disclosure for this sale can be found here. 7.00% of the stock is owned by company insiders.

A number of institutional investors have recently modified their holdings of PYPL. Telos Capital Management Inc. raised its position in shares of Paypal Holdings by 4.2% in the third quarter. Telos Capital Management Inc. now owns 44,440 shares of the credit services provider’s stock worth $1,821,000 after buying an additional 1,810 shares in the last quarter. Quadrant Capital Management LLC raised its position in shares of Paypal Holdings by 0.6% in the third quarter. Quadrant Capital Management LLC now owns 28,128 shares of the credit services provider’s stock worth $1,152,000 after buying an additional 160 shares in the last quarter. Hosking Partners LLP raised its position in shares of Paypal Holdings by 13.4% in the third quarter. Hosking Partners LLP now owns 1,305,054 shares of the credit services provider’s stock worth $53,468,000 after buying an additional 154,411 shares in the last quarter. Barrett Asset Management LLC raised its position in shares of Paypal Holdings by 1.2% in the third quarter. Barrett Asset Management LLC now owns 604,925 shares of the credit services provider’s stock worth $24,784,000 after buying an additional 7,005 shares in the last quarter. Finally, Timber Creek Capital Management LLC raised its position in shares of Paypal Holdings by 4.2% in the third quarter. Timber Creek Capital Management LLC now owns 46,325 shares of the credit services provider’s stock worth $1,897,000 after buying an additional 1,855 shares in the last quarter. Hedge funds and other institutional investors own 81.22% of the company’s stock.

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Paypal Holdings (NASDAQ:PYPL) opened at 50.93 on Friday. The company has a 50 day moving average price of $46.93 and a 200 day moving average price of $42.57. Paypal Holdings has a 12 month low of $34.00 and a 12 month high of $51.13. The stock has a market capitalization of $61.18 billion, a price-to-earnings ratio of 43.53 and a beta of 0.91.

Paypal Holdings (NASDAQ:PYPL) last issued its quarterly earnings results on Wednesday, April 26th. The credit services provider reported $0.32 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.33 by $0.01. The firm had revenue of $2.98 billion during the quarter, compared to analyst estimates of $2.94 billion. Paypal Holdings had a return on equity of 10.69% and a net margin of 12.92%. The firm’s revenue for the quarter was up 16.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.37 EPS. Equities research analysts predict that Paypal Holdings will post $1.78 earnings per share for the current year.

Paypal Holdings Company Profile

PayPal Holdings, Inc is a technology platform and digital payments company that enables digital and mobile payments on behalf of consumers and merchants. The Company’s combined payment solutions, including its PayPal, PayPal Credit, Braintree, Venmo, Xoom and Paydiant products, compose its Payments Platform.

12 Month Chart for NASDAQ:PYPL

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