PayPal (PYPL) Scheduled to Post Quarterly Earnings on Tuesday

PayPal (NASDAQ:PYPL) is scheduled to be announcing its earnings results before the market opens on Tuesday, April 24th. Analysts expect the company to announce earnings of $0.54 per share for the quarter. PayPal has set its Q1 guidance at $0.52 to $0.54 EPS and its FY17 guidance at $2.24 to $2.30 EPS.

PayPal (NASDAQ:PYPL) last issued its earnings results on Wednesday, January 31st. The credit services provider reported $0.55 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.52 by $0.03. The company had revenue of $3.74 billion during the quarter, compared to the consensus estimate of $3.64 billion. PayPal had a return on equity of 11.59% and a net margin of 13.71%. The firm’s revenue for the quarter was up 25.6% compared to the same quarter last year. During the same period last year, the business posted $0.42 EPS. On average, analysts expect PayPal to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

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Shares of PYPL opened at $77.80 on Tuesday. The stock has a market capitalization of $91,733.48, a PE ratio of 55.97, a PEG ratio of 2.55 and a beta of 1.28. PayPal has a one year low of $42.60 and a one year high of $86.32.

In other news, VP Aaron Anderson sold 9,367 shares of the firm’s stock in a transaction that occurred on Friday, February 2nd. The shares were sold at an average price of $77.84, for a total transaction of $729,127.28. Following the completion of the sale, the vice president now owns 18,480 shares in the company, valued at approximately $1,438,483.20. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Aaron Karczmer sold 7,578 shares of the firm’s stock in a transaction that occurred on Friday, February 16th. The stock was sold at an average price of $77.88, for a total transaction of $590,174.64. Following the sale, the executive vice president now owns 23,598 shares of the company’s stock, valued at approximately $1,837,812.24. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 222,413 shares of company stock valued at $17,321,428. 6.00% of the stock is currently owned by company insiders.

Several analysts have recently commented on PYPL shares. Cantor Fitzgerald restated a “buy” rating and issued a $85.00 target price on shares of PayPal in a research note on Thursday, February 1st. Vetr downgraded PayPal from a “strong-buy” rating to a “buy” rating and set a $81.80 target price for the company. in a research note on Tuesday, January 2nd. Zacks Investment Research upgraded PayPal from a “hold” rating to a “buy” rating and set a $84.00 target price for the company in a research note on Wednesday, December 20th. BidaskClub downgraded PayPal from a “strong-buy” rating to a “buy” rating in a research note on Monday, December 25th. Finally, Goldman Sachs restated a “buy” rating and issued a $90.00 target price (up from $80.00) on shares of PayPal in a research note on Thursday, December 21st. Ten research analysts have rated the stock with a hold rating, thirty-three have given a buy rating and one has given a strong buy rating to the company’s stock. PayPal has an average rating of “Buy” and an average price target of $77.71.

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About PayPal

PayPal Holdings, Inc operates as a technology platform company that enables digital and mobile payments on behalf of consumers and merchants worldwide. Its payment solutions include PayPal, PayPal Credit, Braintree, Venmo, Xoom, and Paydiant products. The company's platform allows consumers to shop by sending payments, withdraw funds to their bank accounts, and hold balances in their PayPal accounts in various currencies.

Earnings History for PayPal (NASDAQ:PYPL)

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