25-Jun-2024
Evercore ISI Reaffirms Their Hold Rating on PayPal Holdings (PYPL)
TipRanks (Wed, 26-Jun 12:25 AM ET)
Affirm, Block assumed by Goldman analyst at Buy; PayPal, Marqeta at Neutral
Seeking Alpha News (Mon, 24-Jun 11:00 AM ET)
PayPal Holdings: A Balanced Hold Rating Amid Growth and Competitive Challenges
TipRanks (Mon, 24-Jun 3:25 AM ET)
Block has highest EBIT-to-volumes within Seaport's fintech coverage
Seeking Alpha News (Fri, 21-Jun 3:52 PM ET)
PayPal Names Srini Venkatesan as Chief Technology Officer
PRNewswire (Thu, 20-Jun 8:00 AM ET)
PYPL Bearish Calendar Put Spread Appears to be a Steal at 44 Cents
Market Chameleon (Tue, 11-Jun 10:08 AM ET)
Why Selling This Iron Condor in PYPL Makes Sense for a $0.93 Credit
Market Chameleon (Fri, 7-Jun 11:21 AM ET)
PYPL Bullish Calendar Call Spread Looks Cheap at 69 Cents
Market Chameleon (Fri, 31-May 9:54 AM ET)
PRNewswire (Wed, 29-May 9:00 AM ET)
PRNewswire (Tue, 28-May 8:00 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 June 25, 2024, PYPL stock price declined to $59.33 with 7,241,312 million shares trading.
PYPL has a beta of 1.68, meaning it tends to be more sensitive to market movements. PYPL has a correlation of 0.32 to the broad based SPY ETF.
PYPL has a market cap of $63.59 billion. This is considered a Large Cap stock.
Last quarter Paypal Holdings reported $8 billion in Revenue and $1.08 earnings per share. This beat revenue expectation by $679 million and missed earnings estimates by -$.06.
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 price return of -11.4% while the SPY ETF gained +27.3%. PYPL has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -8.4% and -11.6%, respectively, while the SPY returned +4.9% and +2.0%, respectively.
PYPL support price is $58.34 and resistance is $60.64 (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.