PayPal (NASDAQ:PYPL) Price Target Lowered to $60.00 at Jefferies Financial Group

PayPal (NASDAQ:PYPL) had its price target trimmed by Jefferies Financial Group from $75.00 to $60.00 in a report released on Monday morning,MarketScreener reports. The brokerage currently has a hold rating on the credit services provider’s stock.

PYPL has been the subject of a number of other reports. Barclays reaffirmed an “overweight” rating on shares of PayPal in a research note on Tuesday, July 29th. Piper Sandler set a $74.00 price objective on PayPal in a report on Tuesday, July 29th. Truist Financial lifted their target price on shares of PayPal from $65.00 to $66.00 and gave the company a “sell” rating in a research note on Tuesday, November 4th. Keefe, Bruyette & Woods boosted their target price on shares of PayPal from $85.00 to $90.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 29th. Finally, KGI Securities dropped their price target on shares of PayPal from $85.00 to $80.00 in a research note on Monday, November 10th. 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 company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $82.12.

PayPal Price Performance

PYPL opened at $60.56 on Monday. The firm has a market capitalization of $56.66 billion, a P/E ratio of 12.14, a PEG ratio of 0.82 and a beta of 1.45. The stock has a fifty day moving average of $67.61 and a 200-day moving average of $70.10. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.56. PayPal has a 12-month low of $55.85 and a 12-month high of $93.66.

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

PayPal Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 10th. Stockholders of record on Wednesday, November 19th will be issued a dividend of $0.14 per share. The ex-dividend date is Wednesday, November 19th. This represents a $0.56 annualized dividend and a dividend yield of 0.9%. PayPal’s payout ratio is presently 11.22%.

Insider Activity at PayPal

In other news, EVP Aaron Webster sold 9,282 shares of PayPal stock in a transaction that occurred on Monday, November 10th. The stock was sold at an average price of $66.29, for a total transaction of $615,303.78. Following the sale, the executive vice president owned 35,699 shares of the company’s stock, valued at approximately $2,366,486.71. This trade represents a 20.64% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Diego Scotti sold 3,838 shares of the company’s stock in a transaction on Thursday, October 30th. The shares were sold at an average price of $68.97, for a total value of $264,706.86. Following the completion of the transaction, the executive vice president owned 16,989 shares of the company’s stock, valued at $1,171,731.33. The trade was a 18.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 36,156 shares of company stock worth $2,432,524 in the last three months. Corporate insiders own 0.08% of the company’s stock.

Hedge Funds Weigh In On PayPal

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. raised its position in PayPal by 0.3% in the first quarter. Vanguard Group Inc. now owns 86,221,849 shares of the credit services provider’s stock worth $5,625,976,000 after purchasing an additional 276,339 shares in the last quarter. Capital Research Global Investors grew its stake in shares of PayPal by 2.3% in the 3rd quarter. Capital Research Global Investors now owns 27,953,803 shares of the credit services provider’s stock valued at $1,874,637,000 after purchasing an additional 636,441 shares during the period. Norges Bank acquired a new position in shares of PayPal in the 2nd quarter worth approximately $921,570,000. Artisan Partners Limited Partnership lifted its position in shares of PayPal by 1.6% during the 2nd quarter. Artisan Partners Limited Partnership now owns 11,992,031 shares of the credit services provider’s stock worth $891,248,000 after buying an additional 184,014 shares during the period. Finally, Deutsche Bank AG boosted its stake in PayPal by 19.1% in the 1st quarter. Deutsche Bank AG now owns 11,238,218 shares of the credit services provider’s stock valued at $733,294,000 after buying an additional 1,798,330 shares in the last quarter. 68.32% of the stock is owned by institutional investors.

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.