PayPal Holdings, Inc. (NASDAQ:PYPL) has been given an average recommendation of “Buy” by the forty-five analysts that are covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating, thirty-two have issued a buy rating and two have issued a strong buy rating on the company. The average twelve-month price target among analysts that have covered the stock in the last year is $69.91.

A number of research analysts recently commented on PYPL shares. Stifel Nicolaus boosted their price objective on shares of PayPal Holdings from $61.00 to $70.00 and gave the company a “hold” rating in a research report on Sunday. Vetr downgraded shares of PayPal Holdings from a “buy” rating to a “hold” rating and set a $70.85 price objective on the stock. in a research report on Monday. SunTrust Banks, Inc. reaffirmed a “hold” rating and set a $75.00 price objective on shares of PayPal Holdings in a research report on Friday, October 20th. Loop Capital boosted their price objective on shares of PayPal Holdings from $57.00 to $67.00 and gave the company a “hold” rating in a research report on Friday, October 20th. Finally, Craig Hallum reiterated a “buy” rating and issued a $83.00 target price (up from $67.00) on shares of PayPal Holdings in a research note on Tuesday, October 17th.

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PayPal Holdings (NASDAQ:PYPL) opened at 70.21 on Wednesday. The stock has a market cap of $84.42 billion, a P/E ratio of 56.62 and a beta of 0.98. The company’s 50 day moving average is $65.25 and its 200 day moving average is $65.25. PayPal Holdings has a 52 week low of $38.06 and a 52 week high of $71.73.

PayPal Holdings (NASDAQ:PYPL) last released its earnings results on Thursday, October 19th. The credit services provider reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.43 by $0.03. The business had revenue of $3.24 billion for the quarter, compared to the consensus estimate of $3.18 billion. PayPal Holdings had a net margin of 12.69% and a return on equity of 11.33%. The firm’s quarterly revenue was up 21.4% compared to the same quarter last year. During the same period last year, the firm posted $0.35 earnings per share. Equities analysts predict that PayPal Holdings will post $1.86 earnings per share for the current year.

In other news, Director John J. Donahoe sold 170,000 shares of the firm’s stock in a transaction that occurred on 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 transaction, the director now directly owns 124,516 shares of the company’s stock, valued at approximately $7,244,340.88. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Gary J. Marino sold 1,351 shares of the firm’s stock in a transaction that occurred on Tuesday, August 1st. The stock was sold at an average price of $59.00, for a total transaction of $79,709.00. Following the transaction, the executive vice president now directly owns 37,492 shares of the company’s stock, valued at $2,212,028. The disclosure for this sale can be found here. Over the last three months, insiders have sold 261,351 shares of company stock valued at $15,302,809. 6.00% of the stock is owned by company insiders.

Several institutional investors and hedge funds have recently modified their holdings of the company. Guardian Life Insurance Co. of America grew its stake in shares of PayPal Holdings by 0.9% during the 1st quarter. Guardian Life Insurance Co. of America now owns 4,338 shares of the credit services provider’s stock worth $187,000 after acquiring an additional 38 shares in the last quarter. Apriem Advisors grew its stake in shares of PayPal Holdings by 0.6% during the 2nd quarter. Apriem Advisors now owns 8,398 shares of the credit services provider’s stock worth $451,000 after acquiring an additional 52 shares in the last quarter. Westside Investment Management Inc. grew its stake in shares of PayPal Holdings by 0.4% during the 2nd quarter. Westside Investment Management Inc. now owns 13,849 shares of the credit services provider’s stock worth $761,000 after acquiring an additional 60 shares in the last quarter. Sigma Planning Corp grew its stake in shares of PayPal Holdings by 0.4% during the 2nd quarter. Sigma Planning Corp now owns 16,819 shares of the credit services provider’s stock worth $903,000 after acquiring an additional 74 shares in the last quarter. Finally, Train Babcock Advisors LLC grew its stake in shares of PayPal Holdings by 1.6% during the 2nd quarter. Train Babcock Advisors LLC now owns 5,440 shares of the credit services provider’s stock worth $292,000 after acquiring an additional 86 shares in the last quarter. 82.18% of the stock is 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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