First Analysis Comments on PayPal Holdings, Inc.'s Q2 2018 Earnings (PYPL)

Xavier Trudeau
Juillet 29, 2017

First Analysis analyst anticipates that the credit services provider will earn $0.54 per share for the quarter. Stratos Wealth Partners LTD.'s holdings in PayPal Holdings were worth $384,000 at the end of the most recent reporting period. Inc. boosted its stake in PayPal Holdings by 36.7% in the first quarter. The firm owned 13,288 shares of the credit services provider's stock after buying an additional 5,573 shares during the period. Moreno Evelyn V raised its stake in PayPal Holdings by 3.5% in the first quarter. F&V Capital Management LLC now owns 110,870 shares of the credit services provider's stock valued at $4,770,000 after buying an additional 4,555 shares during the last quarter. Bangor Savings Bank raised its stake in PayPal Holdings by 0.3% in the first quarter. The institutional investor owned 10,860 shares of the credit services provider's stock after selling 1,730 shares during the period. Quadrature Capital Ltd acquired a new stake in PayPal Holdings during the fourth quarter valued at $8,844,000. Wealthfront Inc. now owns 30,944 shares of the credit services provider's stock valued at $1,221,000 after buying an additional 1,214 shares during the period. Sheets Smith Wealth Management raised its stake in PayPal Holdings by 1.0% in the first quarter. West Oak Capital LLC now owns 2,850 shares of the credit services provider's stock worth $123,000 after buying an additional 550 shares during the period. The Company enables consumers to exchange funds with merchants using a range of funding sources, which include a bank account, a PayPal account balance, a PayPal Credit account, a credit and debit card or other stored value products, such as coupons and gift cards.

Year to date PayPal Holdings, Inc.

NASDAQ:PYPL) was up +2.31% ($1.36) to $60.15 and showed a volume of 22.71 mln shares. The company had a trading volume of 5,767,733 shares.

Over the past 50 days, PayPal Holdings, Inc. stock's -3.43% off of the high and 21.09% removed from the low. The company has market cap of $2.61 billion. The firm had revenue of $3.14 billion during the quarter, compared to the consensus estimate of $3.09 billion. PayPal Holdings had a return on equity of 11.10% and a net margin of 12.82%. PayPal Holdings's revenue was up 18.3% compared to the same quarter past year. (NasdaqGS:PYPL) is 0.020148. This is calculated by taking the earnings per share and dividing it by the last closing share price. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.01 per share. The company was maintained on Friday, July 22 by Credit Suisse. This repurchase authorization authorizes the credit services provider to buy up to 9.3% of its stock through open market purchases. Shares buyback programs are often a sign that the company's management believes its stock is undervalued. If you are accessing this piece of content on another domain, it was illegally stolen and republished in violation of United States and worldwide copyright and trademark law. The correct version of this report can be accessed at

A number of other brokerages have also issued reports on PYPL. Vetr upgraded PayPal Holdings from a "hold" rating to a "buy" rating and set a $51.23 price objective for the company in a report on Wednesday, May 17th. Finally, Wedbush restated an "outperform" rating and issued a $54.00 target price on shares of PayPal Holdings in a report on Wednesday, April 19th.

PayPal Holdings announced that its board has approved a stock repurchase program on Wednesday, April 26th that allows the company to buyback $5.00 billion in outstanding shares.

09/15/2016 - PayPal Holdings, Inc. had its "buy" rating reiterated by analysts at Craig-Hallum.

PayPal Holdings Inc (NDAQ:PYPL) had its target price raised to $70.00 by Cantor Fitzgerald in a report released 07/28/2017. One research analyst has rated the stock with a sell rating, ten have issued a hold rating, thirty-one have given a buy rating and two have assigned a strong buy rating to the company. (NYSE:PYPL). At the time of writing, the First Call consensus price target for the company is $56.32.

In related news, Director Gail J. Mcgovern sold 1,800 shares of the business's stock in a transaction that occurred on Thursday, June 8th. Following the transaction, the director now directly owns 12,647 shares in the company, valued at $682,558.59. Investors may use Price to Book to display how the market portrays the value of a stock. Beutel Goodman & Limited owns 2.27 million shares or 1.11% of their U.S. portfolio.

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