PayPal Holdings, Inc. (NASDAQ:PYPL)‘s stock had its “buy” rating reiterated by stock analysts at Guggenheim in a note issued to investors on Thursday. They presently have a $72.00 target price on the credit services provider’s stock, up from their prior target price of $67.00. Guggenheim’s target price points to a potential upside of 12.48% from the company’s previous close.

Several other analysts also recently commented on the stock. Deutsche Bank AG reaffirmed a “buy” rating and set a $77.00 target price (up previously from $64.00) on shares of PayPal Holdings in a report on Tuesday. Citigroup Inc. boosted their price objective on shares of PayPal Holdings to $77.00 and gave the company a “buy” rating in a report on Tuesday. Buckingham Research started coverage on shares of PayPal Holdings in a report on Monday. They issued a “buy” rating and a $74.00 price objective for the company. Robert W. Baird reissued a “buy” rating and issued a $65.00 price objective on shares of PayPal Holdings in a report on Friday, September 29th. Finally, Susquehanna Bancshares Inc reissued a “positive” rating and issued a $75.00 price objective (up previously from $67.00) on shares of PayPal Holdings in a report on Friday, September 29th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating, thirty-one have assigned a buy rating and two have issued a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $62.45.

PayPal Holdings (NASDAQ:PYPL) traded up 1.023% on Thursday, reaching $64.665. 782,350 shares of the company traded hands. PayPal Holdings has a 52-week low of $38.06 and a 52-week high of $65.24. The firm has a market cap of $77.75 billion, a P/E ratio of 52.149 and a beta of 0.98. The stock has a 50-day moving average price of $63.39 and a 200-day moving average price of $63.39.

PayPal Holdings (NASDAQ:PYPL) last announced its earnings results on Wednesday, July 26th. The credit services provider reported $0.46 EPS for the quarter, topping the consensus estimate of $0.43 by $0.03. The business had revenue of $3.14 billion during the quarter, compared to the consensus estimate of $3.09 billion. PayPal Holdings had a net margin of 12.82% and a return on equity of 11.10%. PayPal Holdings’s revenue was up 18.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.36 EPS. Analysts anticipate that PayPal Holdings will post $1.84 earnings per share for the current fiscal year.

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In other news, Director John J. Donahoe sold 170,000 shares of the company’s stock in a transaction on Thursday, August 10th. The shares were sold at an average price of $58.18, for a total value of $9,890,600.00. Following the sale, the director now directly owns 124,516 shares of the company’s stock, valued at approximately $7,244,340.88. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, EVP Gary J. Marino sold 1,351 shares of the company’s stock in a transaction on Tuesday, August 1st. The shares were sold at an average price of $59.00, for a total transaction of $79,709.00. Following the completion of the sale, the executive vice president now directly owns 37,492 shares in the company, valued at $2,212,028. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 261,351 shares of company stock worth $15,302,809. Insiders own 6.00% of the company’s stock.

Several large investors have recently bought and sold shares of PYPL. Pax World Management LLC boosted its stake in shares of PayPal Holdings by 150.0% in the 1st quarter. Pax World Management LLC now owns 200,000 shares of the credit services provider’s stock valued at $8,604,000 after purchasing an additional 120,000 shares during the last quarter. First Personal Financial Services boosted its stake in shares of PayPal Holdings by 73.4% in the 1st quarter. First Personal Financial Services now owns 3,494 shares of the credit services provider’s stock valued at $150,000 after purchasing an additional 1,479 shares during the last quarter. Mosaic Family Wealth LLC boosted its stake in shares of PayPal Holdings by 16.3% in the 1st quarter. Mosaic Family Wealth LLC now owns 11,170 shares of the credit services provider’s stock valued at $481,000 after purchasing an additional 1,567 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake in shares of PayPal Holdings by 29.5% in the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 83,306 shares of the credit services provider’s stock valued at $3,584,000 after purchasing an additional 18,977 shares during the last quarter. Finally, Zevin Asset Management LLC boosted its stake in shares of PayPal Holdings by 3.3% in the 1st quarter. Zevin Asset Management LLC now owns 15,283 shares of the credit services provider’s stock valued at $657,000 after purchasing an additional 490 shares during the last quarter. 82.47% of the stock is currently owned by institutional investors.

About PayPal Holdings

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.

Analyst Recommendations for PayPal Holdings (NASDAQ:PYPL)

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