PayPal Holdings, Inc. (NASDAQ:PYPL)‘s stock had its “outperform” rating reaffirmed by equities researchers at Jefferies Group LLC in a research report issued to clients and investors on Monday. They presently have a $80.00 target price on the credit services provider’s stock. Jefferies Group LLC’s price objective points to a potential upside of 14.61% from the stock’s current price.

A number of other brokerages have also commented on PYPL. Vetr lowered shares of PayPal Holdings from a “buy” rating to a “hold” rating and set a $70.85 price objective on the stock. in a report on Monday. Piper Jaffray Companies reiterated a “hold” rating and issued a $69.00 price objective on shares of PayPal Holdings in a report on Sunday. Stifel Nicolaus boosted their price objective on shares of PayPal Holdings from $61.00 to $70.00 and gave the stock a “hold” rating in a report on Sunday. William Blair reiterated a “buy” rating on shares of PayPal Holdings in a report on Friday. Finally, Robert W. Baird reiterated a “buy” rating and issued a $80.00 price objective (up previously from $65.00) on shares of PayPal Holdings in a report on Friday. 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 given a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $69.33.

PayPal Holdings (NASDAQ:PYPL) traded down 1.65% during trading on Monday, reaching $69.80. The company had a trading volume of 12,232,484 shares. The company has a market capitalization of $83.93 billion, a PE ratio of 56.29 and a beta of 0.98. The stock has a 50 day moving average price of $65.10 and a 200-day moving average price of $65.10. PayPal Holdings has a 52-week low of $38.06 and a 52-week high of $71.73.

PayPal Holdings (NASDAQ:PYPL) last posted its earnings results on Thursday, October 19th. The credit services provider reported $0.46 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.43 by $0.03. The business had revenue of $3.24 billion for the quarter, compared to analyst estimates of $3.18 billion. PayPal Holdings had a net margin of 12.69% and a return on equity of 11.46%. The business’s quarterly revenue was up 21.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.35 EPS. On average, equities research analysts anticipate that PayPal Holdings will post $1.86 earnings per share for the current fiscal year.

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

Several large investors have recently made changes to their positions in PYPL. Bank Hapoalim BM grew its position in shares of PayPal Holdings by 526.9% during the 1st quarter. Bank Hapoalim BM now owns 70,912 shares of the credit services provider’s stock valued at $3,051,000 after buying an additional 59,600 shares during the last quarter. Private Advisor Group LLC grew its position in shares of PayPal Holdings by 3.1% during the 1st quarter. Private Advisor Group LLC now owns 50,798 shares of the credit services provider’s stock valued at $2,179,000 after buying an additional 1,507 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd grew its position in shares of PayPal Holdings by 59.0% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 1,033,600 shares of the credit services provider’s stock valued at $44,465,000 after buying an additional 383,600 shares during the last quarter. Congress Asset Management Co. MA grew its position in shares of PayPal Holdings by 0.6% during the 1st quarter. Congress Asset Management Co. MA now owns 1,220,983 shares of the credit services provider’s stock valued at $52,527,000 after buying an additional 7,418 shares during the last quarter. Finally, Madison Investment Holdings Inc. grew its position in shares of PayPal Holdings by 20.8% during the 1st quarter. Madison Investment Holdings Inc. now owns 332,856 shares of the credit services provider’s stock valued at $14,319,000 after buying an additional 57,200 shares during the last quarter. 82.47% of the stock is owned by institutional investors and hedge funds.

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.

Analyst Recommendations for PayPal Holdings (NASDAQ:PYPL)

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