PayPal (NASDAQ:PYPL) Upgraded at upgraded shares of PayPal (NASDAQ:PYPLFree Report) from a hold rating to a buy rating in a report issued on Monday.

PYPL has been the topic of a number of other research reports. Needham & Company LLC reissued a hold rating on shares of PayPal in a report on Tuesday, April 30th. Wedbush reissued an outperform rating and set a $85.00 price target on shares of PayPal in a report on Thursday, February 8th. Oppenheimer reaffirmed a market perform rating on shares of PayPal in a report on Thursday, January 25th. Argus downgraded PayPal from a buy rating to a hold rating in a report on Friday, February 9th. Finally, Wells Fargo & Company increased their target price on shares of PayPal from $60.00 to $65.00 and gave the stock an equal weight rating in a research report on Wednesday, May 1st. Twenty-two analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. Based on data from, the stock has a consensus rating of Hold and a consensus price target of $72.73.

View Our Latest Report on PYPL

PayPal Stock Performance

PYPL opened at $63.95 on Monday. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.47. The stock has a market cap of $66.89 billion, a price-to-earnings ratio of 16.11, a PEG ratio of 1.13 and a beta of 1.41. PayPal has a 12-month low of $50.25 and a 12-month high of $76.54. The business has a 50 day moving average of $64.13 and a 200-day moving average of $60.95.

PayPal (NASDAQ:PYPLGet Free Report) last announced its quarterly earnings results on Tuesday, April 30th. The credit services provider reported $1.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.22 by ($0.14). PayPal had a net margin of 14.26% and a return on equity of 21.58%. The business had revenue of $7.70 billion for the quarter, compared to analyst estimates of $7.52 billion. During the same period in the prior year, the business earned $0.86 EPS. The company’s revenue for the quarter was up 9.4% compared to the same quarter last year. On average, equities research analysts expect that PayPal will post 4.13 earnings per share for the current year.

Insider Activity at PayPal

In other PayPal news, SVP Frank Keller sold 7,686 shares of PayPal stock in a transaction on Friday, March 1st. The shares were sold at an average price of $60.64, for a total value of $466,079.04. Following the completion of the sale, the senior vice president now directly owns 23,430 shares of the company’s stock, valued at $1,420,795.20. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. 0.14% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Farmers & Merchants Trust Co of Chambersburg PA bought a new position in shares of PayPal in the fourth quarter valued at approximately $25,000. Sutton Wealth Advisors Inc. lifted its stake in PayPal by 115.0% in the third quarter. Sutton Wealth Advisors Inc. now owns 443 shares of the credit services provider’s stock valued at $26,000 after purchasing an additional 237 shares during the last quarter. Pittenger & Anderson Inc. grew its holdings in PayPal by 77.5% during the first quarter. Pittenger & Anderson Inc. now owns 394 shares of the credit services provider’s stock valued at $26,000 after purchasing an additional 172 shares during the period. American National Bank bought a new position in shares of PayPal during the 1st quarter worth $27,000. Finally, Private Wealth Management Group LLC bought a new position in PayPal during the fourth quarter worth about $29,000. 68.32% of the stock is owned by institutional investors.

PayPal Company Profile

(Get Free Report)

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.

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