PayPal Holdings, Inc. (PYPL) Releases Q4 Earnings Guidance

PayPal Holdings, Inc. (NASDAQ:PYPL) issued an update on its fourth quarter earnings guidance on Thursday morning. The company provided earnings per share guidance of $0.50-0.52 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.51. The company issued revenue guidance of $3.57-3.63 billion, compared to the consensus revenue estimate of $3.56 billion.

Shares of PayPal Holdings, Inc. (NASDAQ:PYPL) traded down 0.39% during trading on Friday, hitting $71.06. 9,256,556 shares of the stock traded hands. The company has a market cap of $85.44 billion, a P/E ratio of 57.31 and a beta of 0.98. PayPal Holdings, Inc. has a 1-year low of $38.06 and a 1-year high of $72.07. The stock has a 50-day moving average of $65.74 and a 200 day moving average of $65.74.

PayPal Holdings (NASDAQ:PYPL) last released its quarterly earnings results on Thursday, October 19th. The credit services provider reported $0.46 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.43 by $0.03. PayPal Holdings had a return on equity of 11.33% and a net margin of 12.69%. The company had revenue of $3.24 billion for the quarter, compared to analyst estimates of $3.18 billion. During the same quarter in the prior year, the firm posted $0.35 EPS. PayPal Holdings’s quarterly revenue was up 21.4% compared to the same quarter last year. On average, equities research analysts predict that PayPal Holdings, Inc. will post $1.87 EPS for the current fiscal year.

PYPL has been the topic of a number of recent analyst reports. Morgan Stanley increased their target price on PayPal Holdings from $76.00 to $77.00 and gave the stock an overweight rating in a research note on Friday, October 20th. Bank of America Corporation reiterated a buy rating and issued a $78.00 target price (up previously from $71.00) on shares of PayPal Holdings in a research note on Friday, October 6th. Robert W. Baird reiterated a buy rating and issued a $80.00 target price (up previously from $65.00) on shares of PayPal Holdings in a research note on Friday, October 20th. Credit Suisse Group reissued an outperform rating on shares of PayPal Holdings in a research report on Tuesday, September 5th. Finally, Barclays PLC increased their price target on PayPal Holdings from $69.00 to $75.00 and gave the stock an overweight rating in a research report on Wednesday, October 11th. Nine investment analysts have rated the stock with a hold rating, thirty-three have given a buy rating and two have issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of Buy and an average target price of $69.77.

In other news, Director John J. Donahoe sold 170,000 shares of the business’s stock in a transaction that occurred on Thursday, August 10th. The stock was sold at an average price of $58.18, for a total value of $9,890,600.00. Following the completion of the sale, the director now directly owns 124,516 shares in the company, valued at $7,244,340.88. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Gary J. Marino sold 1,351 shares of the business’s stock in a transaction that occurred on Tuesday, August 1st. The shares were sold at an average price of $59.00, for a total value of $79,709.00. Following the completion of the sale, the executive vice president now owns 37,492 shares of the company’s stock, valued at $2,212,028. The disclosure for this sale can be found here. Insiders sold 261,351 shares of company stock valued at $15,302,809 over the last 90 days. Company insiders own 6.00% of the company’s stock.

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PayPal Holdings Company Profile

PayPal Holdings, Inc is a technology platform and digital payments company that enables digital and mobile payments on behalf of consumers and merchants. The Company’s combined payment solutions, including its PayPal, PayPal Credit, Braintree, Venmo, Xoom and Paydiant products, compose its Payments Platform.

Earnings History and Estimates for PayPal Holdings (NASDAQ:PYPL)

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