PayPal (NASDAQ:PYPL) Given “Neutral” Rating at JPMorgan Chase & Co.

JPMorgan Chase & Co. restated their neutral rating on shares of PayPal (NASDAQ:PYPL) in a report issued on Thursday, Marketbeat.com reports. They currently have a $70.00 target price on the credit services provider’s stock, down from their prior target price of $85.00.

A number of other analysts have also issued reports on PYPL. Wells Fargo & Company raised PayPal to a “hold” rating in a research report on Wednesday, October 22nd. Jefferies Financial Group reduced their price objective on shares of PayPal from $75.00 to $60.00 and set a “hold” rating on the stock in a research note on Monday, November 24th. Dbs Bank decreased their price objective on shares of PayPal from $75.00 to $70.00 and set a “hold” rating for the company in a report on Thursday, November 13th. Royal Bank Of Canada upped their target price on shares of PayPal from $88.00 to $91.00 and gave the company an “outperform” rating in a research note on Tuesday, October 28th. Finally, Citigroup raised shares of PayPal to a “hold” rating in a research report on Thursday, October 23rd. Fifteen analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, PayPal presently has a consensus rating of “Hold” and an average price target of $81.67.

PayPal Stock Up 0.8%

Shares of NASDAQ:PYPL opened at $61.73 on Thursday. The company has a market capitalization of $57.76 billion, a price-to-earnings ratio of 12.37, a price-to-earnings-growth ratio of 0.83 and a beta of 1.43. The company has a 50 day moving average of $66.70 and a two-hundred day moving average of $69.58. PayPal has a 52-week low of $55.85 and a 52-week high of $93.66. 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 (NASDAQ:PYPL) last announced its earnings results on Tuesday, October 28th. The credit services provider reported $1.34 earnings per share for the quarter, beating 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 the consensus estimate of $8.21 billion. During the same period in the prior year, the firm earned $1.20 earnings per share. The business’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 and its FY 2025 guidance at 5.350-5.390 EPS. As a group, analysts forecast that PayPal will post 5.03 earnings per share for the current fiscal year.

PayPal Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 10th. Shareholders of record on Wednesday, November 19th will be issued a $0.14 dividend. The ex-dividend date of this dividend is Wednesday, November 19th. This represents a $0.56 dividend on an annualized basis and a yield of 0.9%. PayPal’s dividend payout ratio (DPR) is currently 11.22%.

Insider Buying and Selling

In other news, EVP Aaron Webster sold 9,282 shares of the company’s 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 completion of the transaction, the executive vice president directly owned 35,699 shares of the company’s stock, valued at approximately $2,366,486.71. This represents a 20.64% decrease in their ownership of the stock. The transaction 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 firm’s stock in a transaction that occurred on Thursday, October 30th. The stock was sold at an average price of $68.97, for a total value of $264,706.86. Following the completion of the sale, the executive vice president directly owned 16,989 shares in the company, valued at approximately $1,171,731.33. This trade represents a 18.43% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 36,156 shares of company stock valued at $2,432,524. 0.08% of the stock is currently owned by insiders.

Hedge Funds Weigh In On PayPal

Several hedge funds and other institutional investors have recently modified their holdings of PYPL. Hilltop National Bank bought a new stake in PayPal in the 2nd quarter valued at about $27,000. MUFG Securities EMEA plc increased its stake in shares of PayPal by 100.4% in 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 stake in shares of PayPal during the third quarter valued at approximately $30,000. Kelleher Financial Advisors acquired a new position in shares of PayPal during the third quarter worth approximately $30,000. Finally, Gordian Capital Singapore Pte Ltd boosted its position in shares of PayPal by 41.2% during the first quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider’s stock worth $31,000 after buying an additional 138 shares during the period. Institutional investors and hedge funds own 68.32% of the company’s stock.

About PayPal

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.