PayPal Holdings, Inc. (NASDAQ:PYPL) registered a -2.96% decrease, still its new closing price is 28.33% up from the company’s 1 year high of 44.52.It posted -3.41% losses in previous 5 sessions and is now the subject of 14 analysts who together assign a hold rating on stock. 2 of Wall Street analysts have an underperform rating; the 0 sells versus 14 buy or better ratings. The 46 stock analysts following this company have an average price target at $46.78, with individual PT in the $38.00-$54.00 range. The shares moved at $40.27, implying that brokerage firms see shares gaining about 17.61% in twelve months time.
PayPal Holdings, Inc. (PYPL) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a 2.03% rise year to date. A EVP, Chief Commercial Officer at PayPal Holdings, Inc. (PYPL) offloaded shares in a transaction closed on Tuesday January 03, 2017. Marino Gary J sold 1,726 shares in the company at $40.29 each and collected $69,001 in proceeds. Marino Gary J now owns 44,129 shares in the company after this transaction. A EVP, Chief Commercial Officer in the company, Marino Gary J, disclosed a transaction on Thursday December 01, 2016 that ended up generating $67,001 from the sale of 1,729 shares at $39.29 per share.
PayPal Holdings, Inc. (NASDAQ:PYPL) Upcoming Results on Tap
PayPal Holdings, Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.41 in that period. Sales during the quarter are predicted to arrive at $2.94 billion.
Earnings surprise history: Last quarter, the company posted approximately $2.98 billion in revenue and EPS of $0.42. The mean forecast was for $2.98 billion and $0.42 a share, respectively. One quarter earlier, revenue for the stock was at $2.67 billion, with earnings at $0.35/share.
PayPal Holdings, Inc. (PYPL) Brokerage Update
PayPal Holdings, Inc. (PYPL) is in Monness Crespi & Hardt’s research list so their analyst rating change is noteworthy. These shares were upgraded to Buy from Neutral by Monness Crespi & Hardt, according to news reported on Tuesday January 03, 2017.Another important research note was issued by Stifel on Friday October 21, 2016.The firm upgraded PYPL to Buy from Hold. Over the last six months and over the last three months, the shares of PayPal Holdings, Inc. (PYPL), have changed 8.19% and -4.87%, respectively.