PayPal Holdings, Inc. (NASDAQ:PYPL)‘s stock had its “outperform” rating reaffirmed by research analysts at Jefferies Group LLC in a report released on Monday. They currently have a $80.00 price objective on the credit services provider’s stock. Jefferies Group LLC’s target price would suggest a potential upside of 12.72% from the stock’s current price.

A number of other research analysts have also issued reports on PYPL. BTIG Research lifted their target price on PayPal Holdings from $53.00 to $63.00 and gave the company a “buy” rating in a report on Monday, June 26th. BidaskClub upgraded PayPal Holdings from a “buy” rating to a “strong-buy” rating in a report on Tuesday, June 27th. Mizuho reiterated a “neutral” rating and issued a $48.00 target price on shares of PayPal Holdings in a report on Wednesday, June 28th. Craig Hallum set a $65.00 target price on PayPal Holdings and gave the company a “buy” rating in a report on Wednesday, June 28th. Finally, Robert W. Baird reiterated an “outperform” rating on shares of PayPal Holdings in a report on Monday, July 3rd. One analyst has rated the stock with a sell rating, ten have given a hold rating, thirty-one have issued a buy rating and two have issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $69.33.

PayPal Holdings (NASDAQ:PYPL) traded down 1.21% on Monday, hitting $70.11. 7,221,376 shares of the company traded hands. PayPal Holdings has a 1-year low of $38.06 and a 1-year high of $71.73. The firm has a market capitalization of $84.30 billion, a PE ratio of 56.54 and a beta of 0.98. The firm’s 50 day moving average price is $64.95 and its 200 day moving average price is $64.95.

PayPal Holdings (NASDAQ:PYPL) last issued its quarterly earnings data on Thursday, October 19th. The credit services provider reported $0.46 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.43 by $0.03. The business had revenue of $3.24 billion during the quarter, compared to analysts’ expectations of $3.18 billion. PayPal Holdings had a return on equity of 11.46% and a net margin of 12.69%. The company’s revenue was up 21.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.35 earnings per share. Equities research analysts predict that PayPal Holdings will post $1.86 EPS for the current fiscal year.

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In related news, EVP Gary J. Marino sold 1,351 shares of PayPal Holdings stock in a transaction on Tuesday, August 1st. The shares were sold at an average price of $59.00, for a total value of $79,709.00. Following the completion of the sale, the executive vice president now owns 37,492 shares of the company’s stock, valued at approximately $2,212,028. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director John J. Donahoe sold 170,000 shares of PayPal Holdings stock in a transaction on Thursday, August 10th. The shares were sold at an average price of $58.18, for a total transaction of $9,890,600.00. Following the completion of the sale, the director now directly owns 124,516 shares of the company’s stock, valued at approximately $7,244,340.88. The disclosure for this sale can be found here. In the last ninety days, insiders sold 261,351 shares of company stock valued at $15,302,809. 6.00% of the stock is owned by company insiders.

Several hedge funds have recently added to or reduced their stakes in the stock. Guardian Life Insurance Co. of America lifted its stake in shares of PayPal Holdings by 0.9% in the 1st quarter. Guardian Life Insurance Co. of America now owns 4,338 shares of the credit services provider’s stock valued at $187,000 after purchasing an additional 38 shares during the last quarter. Apriem Advisors lifted its stake in shares of PayPal Holdings by 0.6% in the 2nd quarter. Apriem Advisors now owns 8,398 shares of the credit services provider’s stock valued at $451,000 after purchasing an additional 52 shares during the last quarter. Westside Investment Management Inc. lifted its stake in shares of PayPal Holdings by 0.4% in the 2nd quarter. Westside Investment Management Inc. now owns 13,849 shares of the credit services provider’s stock valued at $761,000 after purchasing an additional 60 shares during the last quarter. Sigma Planning Corp lifted its stake in shares of PayPal Holdings by 0.4% in the 2nd quarter. Sigma Planning Corp now owns 16,819 shares of the credit services provider’s stock valued at $903,000 after purchasing an additional 74 shares during the last quarter. Finally, Train Babcock Advisors LLC lifted its stake in shares of PayPal Holdings by 1.6% in the 2nd quarter. Train Babcock Advisors LLC now owns 5,440 shares of the credit services provider’s stock valued at $292,000 after purchasing an additional 86 shares during the last quarter. 82.47% of the stock is owned by institutional investors and hedge funds.

PayPal Holdings Company Profile

PayPal Holdings, Inc is a technology platform and digital payments company that enables digital and mobile payments on behalf of consumers and merchants. The Company’s combined payment solutions, including its PayPal, PayPal Credit, Braintree, Venmo, Xoom and Paydiant products, compose its Payments Platform.

Analyst Recommendations for PayPal Holdings (NASDAQ:PYPL)

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