PayPal also said that revenue for the fourth quarter was $3.7 billion, compared to $3 billion in the same quarter past year.
"The planned evolution of our relationship with eBay is consistent with our strategic direction and growth opportunities and does not alter our financial guidance", PayPal spokesperson Amanda Miller said. PayPal shares initially fell 5 percent after the release of the quarterly results. News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PayPal Holdings, Inc. with MarketBeat.com's FREE daily email newsletter. Kistler Tiffany Companies LLC raised its holdings in Paypal by 511.9% during the 3rd quarter. Therefore, ROE for PayPal Holdings, Inc., PYPL is.
Short interest or otherwise called the percentage of a stock's tradable shares now being shorted is another data that investors use to get a handle on sentiment. W.G. Shaheen & Associates DBA Whitney & Co increased its stake in shares of Paypal by 1.2% during the 2nd quarter.
Several other brokerages have also weighed in on PYPL. Cantor Fitzgerald reissued a "buy" rating and set a $85.00 price objective on shares of Paypal in a research note on Thursday. Finally, Stifel Nicolaus boosted their target price on Paypal from $61.00 to $70.00 and gave the stock a "hold" rating in a research report on Sunday, October 22nd. Price to sales ratio was 8.21 while Price to sales book ratio stands at 6.64.
PayPal Holdings, Inc. (NASDAQ:PYPL) touched its 1-Year High price of $86.32 on 01/31/18 and its 1-Year Low price of $39.02 on 02/02/17. Current trade price levels places PYPL's stock about -2.00% away from the 52-week high and closed 114.71% away from the 52-week low.
Over the a year ago, PayPal Holdings, Inc. The firm has "Add" rating by Numis Securities given on Wednesday, July 27. (NASDAQ:PYPL) for the quarter recorded as 18.18% and for year stands at 109.36%, while the YTD performance was 14.52%.
Excluding one-time items, the company earned 55 cents per share, beating the average analyst estimate of 52 cents, according to Thomson Reuters I/B/E/S.
Based on recent analysis, PayPal Holdings, Inc. The firm had revenue of $3.74 billion during the quarter, compared to analysts' expectations of $3.64 billion.
PayPal Holdings (PYPL) reported fourth quarter EPS and revenue that topped views but issued guidance largely in-line with consensus estimates for the March quarter and full-year 2018.
In related news, Director Rodney C. Adkins acquired 6,750 shares of the business's stock in a transaction that occurred on Friday, December 8th.
Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend.
ATR value of company was 1.55. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth. PayPal Holdings Inc had 172 analyst reports since July 23, 2015 according to SRatingsIntel. The companies said PayPal will remain as a payment option on eBay's Marketplace sites until 2023.