PayPal (NASDAQ:PYPL) Downgraded to “Neutral” Rating by Monness Crespi & Hardt

Monness Crespi & Hardt downgraded shares of PayPal (NASDAQ:PYPL) from a buy rating to a neutral rating in a research report report published on Monday, MarketBeat Ratings reports.

A number of other research analysts have also commented on the company. Bank of America reissued a “neutral” rating and set a $68.00 price target (down from $93.00) on shares of PayPal in a report on Thursday, December 11th. Needham & Company LLC reiterated a “hold” rating on shares of PayPal in a research report on Tuesday, October 28th. Royal Bank Of Canada boosted their price target on shares of PayPal from $88.00 to $91.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 28th. Citigroup reduced their price target on shares of PayPal from $78.00 to $60.00 and set a “neutral” rating for the company in a research note on Monday. Finally, Robert W. Baird reiterated a “neutral” rating and issued a $66.00 price objective (down from $83.00) on shares of PayPal in a report on Friday, December 12th. Twelve research analysts have rated the stock with a Buy rating, twenty-three have issued a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, PayPal presently has an average rating of “Hold” and an average price target of $77.09.

PayPal Price Performance

Shares of NASDAQ:PYPL opened at $59.29 on Monday. The firm’s 50 day moving average is $62.48 and its two-hundred day moving average is $67.75. The firm has a market capitalization of $55.47 billion, a P/E ratio of 11.88, a PEG ratio of 0.72 and a beta of 1.42. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.56. PayPal has a 52 week low of $55.85 and a 52 week high of $93.25.

PayPal (NASDAQ:PYPL) last issued its quarterly earnings data 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. PayPal had a return on equity of 25.64% and a net margin of 14.96%.The business had revenue of $8.42 billion during the quarter, compared to analyst estimates of $8.21 billion. During the same period in the prior year, the company posted $1.20 EPS. The business’s revenue for the quarter 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. Analysts anticipate that PayPal will post 5.03 earnings per share for the current year.

PayPal Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Wednesday, November 19th were paid a dividend of $0.14 per share. The ex-dividend date of this dividend was Wednesday, November 19th. This represents a $0.56 annualized dividend and a yield of 0.9%. PayPal’s dividend payout ratio is currently 11.22%.

Insider Buying and Selling at PayPal

In other PayPal news, insider Suzan Kereere sold 4,162 shares of PayPal stock in a transaction that occurred on Wednesday, November 19th. The shares were sold at an average price of $59.84, for a total value of $249,054.08. Following the transaction, the insider owned 30,983 shares in the company, valued at approximately $1,854,022.72. The trade was a 11.84% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Aaron Webster sold 9,282 shares of the stock in a transaction 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 sale, the executive vice president owned 35,699 shares of the company’s stock, valued at $2,366,486.71. This trade represents a 20.64% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 36,156 shares of company stock valued at $2,432,524. 0.08% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On PayPal

A number of institutional investors have recently bought and sold shares of PYPL. Hilltop National Bank acquired a new position in shares of PayPal in the second quarter worth about $27,000. MUFG Securities EMEA plc lifted its position in shares of PayPal by 100.4% in the 2nd quarter. MUFG Securities EMEA plc now owns 385 shares of the credit services provider’s stock valued at $29,000 after acquiring an additional 87,524 shares in the last quarter. Cloud Capital Management LLC acquired a new position in PayPal in the 3rd quarter worth approximately $30,000. Kelleher Financial Advisors acquired a new position in PayPal in the 3rd quarter worth approximately $30,000. Finally, True Wealth Design LLC grew its position in PayPal by 285.3% during the 3rd quarter. True Wealth Design LLC now owns 524 shares of the credit services provider’s stock worth $35,000 after purchasing an additional 388 shares in the last quarter. Hedge funds and other institutional investors own 68.32% of the company’s stock.

PayPal Company Profile

PayPal Holdings, Inc operates a global digital payments platform that enables consumers and merchants to send and receive payments online, on mobile devices and at the point of sale. The company provides a broad set of payment solutions, including a digital wallet, merchant payment processing, checkout services, invoicing and fraud-management tools. PayPal’s platform is designed to support e-commerce, in-person retail and person-to-person transfers, targeting both individual consumers and businesses of varying sizes.

Key products and services in PayPal’s portfolio include the PayPal wallet and checkout ecosystem, the Venmo peer-to-peer mobile app, Braintree’s developer-focused payment gateway, Xoom for international money transfers, and PayPal Credit and buy-now-pay-later options.