Paypal Holdings Inc (PYPL) Q3 Earnings Ahead of the Mark

Hard Facts About PayPal Holdings, Inc. (NASDAQ:PYPL)

AEE's mean recommendation on Reuter's scale slipped from 2.5 thirty days ago to 2.44 now, which indicates a hold consensus from the analyst community. The company was initiated on Tuesday, October 6 by William Blair. The credit services provider reported $0.46 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.43 by $0.03. PayPal Holdings had a net margin of 12.82% and a return on equity of 11.10%.

EX-99.1 2 exhibit991prq32017pypl.htm EXHIBIT 99.1 Exhibit Exhibit 99.1PayPal Reports Third Quarter 2017 ResultsRevenue increased 21% to $3.239 billion, ... Also, PayPal Holdings, Inc.

TRADEMARK VIOLATION NOTICE: "Institute for Wealth Management LLC".

Payment processor PayPal Holdings Inc (O:) reported a better-than-expected quarterly profit on Thursday, helped by mobile payments volume that more than doubled.

PYPL has been the topic of a number of other reports.

Among 53 analysts covering PayPal Holdings Inc (NASDAQ:PYPL), 36 have Buy rating, 2 Sell and 15 Hold. Among holders that decreased their positions, 77 sold out of the stock PayPal Holdings, Inc. In the year-ago quarter, the company earned 35 cents per share. Royal Bank Of Canada reaffirmed a "buy" rating and issued a $52.00 target price on shares of PayPal Holdings in a research report on Wednesday, July 5th. The firm earned "Overweight" rating on Friday, October 14 by Barclays Capital.

On October 13 Jefferies maintained a stock rating of "Buy" and raised the price target to $80.00 from $44.00.

In other news, Director John J. Donahoe sold 170,000 shares of PayPal Holdings stock in a transaction dated Thursday, August 10th. The stock had a trading volume of 3,310,994 shares. The SI to Paypal Holdings Incorporated's float is 2.41%. The firm has a market cap of $80.86 billion, a price-to-earnings ratio of 54.23 and a beta of 0.98. Shares of the company are trading at $67.17 just above the 50 day moving average of $64.38 and barely above the 200 day moving average of $64.38.

Recently, the stock has been noted -1.59% away from it's 52- week high and 41.76% separated from its 52 week low.

The company forecast fourth-quarter adjusted earnings in the range of 50 cents to 52 cents per share. GAM Holding AG increased its position in shares of PayPal Holdings by 14.3% during the second quarter. Paypal Holdings Inc (NASDAQ:PYPL) has risen 31.18% since October 19, 2016 and is uptrending. Rhumbline Advisers lifted its holdings in PayPal Holdings by 0.9% in the second quarter. Edgewood Management LLC increased its position in PayPal Holdings by 3.7% in the 1st quarter.

The company had seen its current volume reaching at 0.88 million shares in the last trade. Hedge funds and other institutional investors own 82.47% of the company's stock.

Since the beginning of the calendar year, the stock is 68.91%. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The shares were sold at an average price of $59.25, for a total transaction of $5,332,500.00. Following the completion of the sale, the director now 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. Citigroup's target suggests a potential upside of 15.55 % from the company's last stock price.

The company announced earlier this week Venmo users will be able to use their app balance or linked cards and bank accounts anywhere PayPal is accepted in the U.S. via the mobile web.

PayPal's social payments platform Venmo processed $9 billion of TPV, up 93 percent over the same period past year.

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