28-Mar-2024
PayPal Board Changes: Johnson Exits, Di Sibio Joins
TipRanks (Thu, 28-Mar 5:42 PM ET)
PayPal plans to appoint outgoing CEO of Big Four accounting firm to board
Seeking Alpha News (Thu, 28-Mar 4:41 PM ET)
PayPal Plans to Appoint Carmine Di Sibio to Board of Directors
PRNewswire (Thu, 28-Mar 4:15 PM ET)
RBC Capital Remains a Buy on Paypal Holdings (PYPL)
TipRanks (Wed, 27-Mar 9:45 PM ET)
If PYPL Price Stays Between $66 to $70 Level This Iron Condor Will Yield 44%
Market Chameleon (Wed, 27-Mar 9:54 AM ET)
Visa Unveils New AI Fraud Prevention Tools to Safeguard Digital Payments
Benzinga (Wed, 27-Mar 9:24 AM ET)
3 Reasons Why this PYPL Bull Put Spread is a Good Opportunity for $1.16
Market Chameleon (Mon, 25-Mar 1:51 PM ET)
How This PYPL Iron Condor Can Net 55% in 8 Days
Market Chameleon (Mon, 25-Mar 10:01 AM ET)
Globe Newswire (Tue, 19-Mar 8:30 AM ET)
PayPal Names Aaron J. Webster as Executive Vice President, Chief Enterprise Services Officer
PRNewswire (Wed, 13-Mar 9:15 AM ET)
PayPal was spun off from eBay in 2015 and provides electronic payment solutions to merchants and consumers, with a focus on online transactions. The company had 426 million active accounts at the end of 2023. The company also owns Venmo, a person-to-person payment platform.
Paypal Holdings trades on the NASDAQ stock market under the symbol PYPL.
As of March 28, 2024, PYPL stock price climbed to $66.99 with 9,780,012 million shares trading.
PYPL has a beta of 1.99, meaning it tends to be more sensitive to market movements. PYPL has a correlation of 0.37 to the broad based SPY ETF.
PYPL has a market cap of $71.80 billion. This is considered a Large Cap stock.
Last quarter Paypal Holdings reported $8 billion in Revenue and $1.48 earnings per share. This beat revenue expectation by $156 million and exceeded earnings estimates by $.12.
In the last 3 years, PYPL stock traded as high as $310.16 and as low as $50.25.
The top ETF exchange traded funds that PYPL belongs to (by Net Assets): VTI, VOO, QQQ, SPY, IVV.
PYPL has underperformed the market in the last year with a return of -8.6%, while the SPY ETF gained +33.6%. In the last 3 month period, PYPL fell short of the market, returning +6.9%, while SPY returned +10.1%. However, in the most recent 2 weeks PYPL has outperformed the stock market by returning +7.3%, while SPY returned +1.7%.
PYPL support price is $65.22 and resistance is $67.92 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PYPL stock will trade within this expected range on the day.