PayPal (NASDAQ:PYPL) Stock Price Down 3.9% on Analyst Downgrade

Shares of PayPal Holdings, Inc. (NASDAQ:PYPL) were down 3.9% on Friday after Dbs Bank lowered their price target on the stock from $75.00 to $70.00. Dbs Bank currently has a hold rating on the stock. PayPal traded as low as $62.75 and last traded at $62.81. Approximately 21,870,044 shares were traded during mid-day trading, an increase of 79% from the average daily volume of 12,218,315 shares. The stock had previously closed at $65.33.

A number of other analysts also recently weighed in on PYPL. TD Cowen upped their target price on shares of PayPal from $75.00 to $80.00 and gave the stock a “hold” rating in a research report on Wednesday, October 29th. Robert W. Baird set a $83.00 price objective on shares of PayPal in a report on Wednesday, October 29th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of PayPal in a research note on Wednesday, October 8th. BMO Capital Markets reissued a “market perform” rating on shares of PayPal in a research report on Tuesday, July 29th. Finally, KeyCorp restated a “hold” rating on shares of PayPal in a research note on Wednesday, October 22nd. Fifteen equities research analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and four have given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $82.56.

Insider Activity

In related news, CAO Chris Natali sold 1,374 shares of the firm’s stock in a transaction that occurred on Thursday, October 30th. The shares were sold at an average price of $69.13, for a total transaction of $94,984.62. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Aaron Webster sold 9,282 shares of the company’s stock in a transaction that occurred on Monday, November 10th. The shares were sold at an average price of $66.29, for a total value of $615,303.78. Following the completion of the transaction, the executive vice president directly owned 35,699 shares in the company, valued at $2,366,486.71. This trade represents a 20.64% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 36,156 shares of company stock worth $2,472,271. Corporate insiders own 0.08% of the company’s stock.

Institutional Investors Weigh In On PayPal

Several institutional investors have recently modified their holdings of PYPL. Evermay Wealth Management LLC lifted its stake in PayPal by 726.0% during the 1st quarter. Evermay Wealth Management LLC now owns 413 shares of the credit services provider’s stock valued at $27,000 after acquiring an additional 363 shares during the period. Hilltop National Bank purchased a new position in shares of PayPal during the second quarter valued at approximately $27,000. MUFG Securities EMEA plc lifted its position in PayPal by 100.4% during the second quarter. MUFG Securities EMEA plc now owns 385 shares of the credit services provider’s stock valued at $29,000 after purchasing an additional 87,524 shares during the period. Cloud Capital Management LLC bought a new position in PayPal during the third quarter valued at approximately $30,000. Finally, Kelleher Financial Advisors purchased a new stake in PayPal in the third quarter worth approximately $30,000. 68.32% of the stock is owned by hedge funds and other institutional investors.

PayPal Stock Performance

The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.34 and a current ratio of 1.34. The firm has a market cap of $58.77 billion, a P/E ratio of 12.59, a P/E/G ratio of 0.96 and a beta of 1.45. The business’s 50-day simple moving average is $68.43 and its 200 day simple moving average is $70.37.

PayPal (NASDAQ:PYPL) last released its quarterly earnings results on Tuesday, October 28th. The credit services provider reported $1.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.20 by $0.14. The firm had revenue of $8.42 billion for the quarter, compared to the consensus estimate of $8.21 billion. PayPal had a return on equity of 25.64% and a net margin of 14.96%.The company’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same period last year, the business posted $1.20 EPS. PayPal has set its Q4 2025 guidance at 1.270-1.310 EPS. FY 2025 guidance at 5.350-5.390 EPS. As a group, equities analysts predict that PayPal Holdings, Inc. will post 5.03 earnings per share for the current year.

PayPal Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 10th. Shareholders of record on Wednesday, November 19th will be paid a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date is Wednesday, November 19th.

PayPal Company Profile

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.