Equities research analysts predict that PayPal Holdings, Inc. (NASDAQ:PYPL – Get Rating) will post earnings per share of $1.05 for the current fiscal quarter, Zacks Investment Research reports. Eight analysts have provided estimates for PayPal’s earnings, with estimates ranging from $0.86 to $1.23. PayPal posted earnings of $1.15 per share in the same quarter last year, which would indicate a negative year over year growth rate of 8.7%. The firm is expected to report its next quarterly earnings report on Monday, January 1st.
On average, analysts expect that PayPal will report full year earnings of $4.52 per share for the current financial year, with EPS estimates ranging from $3.84 to $4.78. For the next year, analysts anticipate that the business will post earnings of $5.58 per share, with EPS estimates ranging from $4.58 to $6.18. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side analysts that cover PayPal.
PayPal (NASDAQ:PYPL – Get Rating) last issued its earnings results on Wednesday, April 27th. The credit services provider reported $0.88 earnings per share for the quarter, hitting the consensus estimate of $0.88. PayPal had a net margin of 13.87% and a return on equity of 17.69%. During the same quarter last year, the company earned $0.91 EPS.
PYPL stock opened at $87.93 on Monday. The company’s 50 day simple moving average is $105.26 and its 200-day simple moving average is $157.81. The firm has a market capitalization of $102.11 billion, a PE ratio of 29.02, a P/E/G ratio of 1.52 and a beta of 1.29. PayPal has a 12 month low of $82.12 and a 12 month high of $310.16. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.22 and a quick ratio of 1.22.
In other PayPal news, Director Frank D. Yeary purchased 4,000 shares of the firm’s stock in a transaction dated Friday, February 4th. The stock was acquired at an average cost of $124.85 per share, with a total value of $499,400.00. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Daniel H. Schulman purchased 7,994 shares of the firm’s stock in a transaction dated Thursday, February 3rd. The stock was acquired at an average cost of $124.57 per share, with a total value of $995,812.58. The disclosure for this purchase can be found here. Over the last three months, insiders have acquired 24,894 shares of company stock valued at $2,965,405. 0.10% of the stock is owned by company insiders.
Large investors have recently modified their holdings of the stock. Norges Bank bought a new stake in shares of PayPal in the 4th quarter worth approximately $1,873,879,000. Bank of Montreal Can raised its holdings in shares of PayPal by 123.0% in the 4th quarter. Bank of Montreal Can now owns 8,051,183 shares of the credit services provider’s stock worth $2,334,845,000 after purchasing an additional 4,440,194 shares in the last quarter. Fisher Asset Management LLC raised its holdings in shares of PayPal by 20.6% in the 4th quarter. Fisher Asset Management LLC now owns 14,468,988 shares of the credit services provider’s stock worth $2,728,562,000 after purchasing an additional 2,476,199 shares in the last quarter. SG Americas Securities LLC raised its holdings in shares of PayPal by 144.1% in the 1st quarter. SG Americas Securities LLC now owns 586,247 shares of the credit services provider’s stock worth $67,799,000 after purchasing an additional 1,915,359 shares in the last quarter. Finally, Loomis Sayles & Co. L P raised its holdings in shares of PayPal by 66,379.2% in the 4th quarter. Loomis Sayles & Co. L P now owns 1,382,103 shares of the credit services provider’s stock worth $260,637,000 after purchasing an additional 1,380,024 shares in the last quarter. Hedge funds and other institutional investors own 78.38% of the company’s stock.
About PayPal (Get Rating)
PayPal Holdings, Inc operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. It provides payment solutions under the PayPal, PayPal Credit, Braintree, Venmo, Xoom, Zettle, Hyperwallet, Honey, and Paidy names. The company's payments platform allows consumers to send and receive payments in approximately 200 markets and in approximately 100 currencies, withdraw funds to their bank accounts in 56 currencies, and hold balances in their PayPal accounts in 25 currencies.
- Get a free copy of the StockNews.com research report on PayPal (PYPL)
- Why is Chevron Stock Falling After Strong Earnings?
- MarketBeat: Week in Review 4/25 – 4/29
- Apple’s Numbers Complete Trifecta
- Rogers Communication Stock Should Be Launching Higher
- O’Reilly Automotive Hits A Pothole
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for PayPal Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PayPal and related companies with MarketBeat.com's FREE daily email newsletter.