PayPal Holdings, Inc. (NASDAQ:PYPL - Free Report) - William Blair lowered their Q4 2024 earnings per share (EPS) estimates for PayPal in a research report issued on Tuesday, October 29th. William Blair analyst A. Jeffrey now anticipates that the credit services provider will post earnings of $1.17 per share for the quarter, down from their previous forecast of $1.19. William Blair has a "Hold" rating on the stock. The consensus estimate for PayPal's current full-year earnings is $4.54 per share. William Blair also issued estimates for PayPal's Q3 2025 earnings at $1.17 EPS, Q4 2025 earnings at $1.32 EPS and FY2025 earnings at $4.99 EPS.
Other analysts have also issued reports about the stock. Morgan Stanley upped their price target on shares of PayPal from $71.00 to $76.00 and gave the company an "equal weight" rating in a research report on Wednesday. Keefe, Bruyette & Woods restated an "outperform" rating and set a $78.00 price target on shares of PayPal in a research report on Wednesday, September 18th. Canaccord Genuity Group boosted their price objective on PayPal from $80.00 to $96.00 and gave the company a "buy" rating in a research report on Wednesday. Robert W. Baird increased their price objective on PayPal from $80.00 to $91.00 and gave the company an "outperform" rating in a research note on Wednesday. Finally, Jefferies Financial Group lowered their price target on shares of PayPal from $70.00 to $65.00 in a report on Monday, July 29th. Seventeen investment analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, PayPal has an average rating of "Moderate Buy" and a consensus target price of $82.03.
Check Out Our Latest Research Report on PayPal
PYPL stock opened at $79.30 on Friday. The firm has a market cap of $79.50 billion, a P/E ratio of 18.93, a P/E/G ratio of 1.40 and a beta of 1.44. The firm's fifty day moving average is $76.39 and its 200 day moving average is $67.56. PayPal has a 52 week low of $50.80 and a 52 week high of $83.70. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.24 and a current ratio of 1.25.
PayPal (NASDAQ:PYPL - Get Free Report) last issued its earnings results on Tuesday, October 29th. The credit services provider reported $1.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.08 by $0.12. The business had revenue of $7.85 billion during the quarter, compared to analyst estimates of $7.88 billion. PayPal had a return on equity of 23.44% and a net margin of 14.08%. PayPal's revenue for the quarter was up 6.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.97 earnings per share.
A number of hedge funds and other institutional investors have recently modified their holdings of PYPL. Philip James Wealth Mangement LLC purchased a new position in shares of PayPal during the third quarter valued at approximately $2,860,000. J.P. Marvel Investment Advisors LLC bought a new stake in PayPal in the 3rd quarter worth approximately $1,170,000. ARK Investment Management LLC raised its stake in PayPal by 30.7% during the 3rd quarter. ARK Investment Management LLC now owns 186,090 shares of the credit services provider's stock valued at $14,521,000 after buying an additional 43,686 shares during the last quarter. Portside Wealth Group LLC lifted its holdings in shares of PayPal by 16.5% during the 3rd quarter. Portside Wealth Group LLC now owns 4,698 shares of the credit services provider's stock valued at $367,000 after buying an additional 664 shares during the period. Finally, JB Capital LLC boosted its stake in shares of PayPal by 3.0% in the 3rd quarter. JB Capital LLC now owns 42,155 shares of the credit services provider's stock worth $3,289,000 after buying an additional 1,224 shares during the last quarter. 68.32% of the stock is owned by institutional investors.
PayPal Holdings, Inc operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. It operates a two-sided network at scale that connects merchants and consumers that enables its customers to connect, transact, and send and receive payments through online and in person, as well as transfer and withdraw funds using various funding sources, such as bank accounts, PayPal or Venmo account balance, PayPal and Venmo branded credit products comprising its installment products, credit and debit cards, and cryptocurrencies, as well as other stored value products, including gift cards and eligible rewards.
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