Paypal (NASDAQ:PYPL) Receives Daily Coverage Optimism Score of -2.29

Media stories about Paypal (NASDAQ:PYPL) have been trending negative this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative news coverage by reviewing more than 6,000 blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Paypal earned a daily sentiment score of -2.29 on their scale. InfoTrie also gave news coverage about the credit services provider an news buzz score of 6 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the company’s share price in the near future.

These are some of the media stories that may have effected Paypal’s ranking:

PYPL has been the topic of several research reports. Sanford C. Bernstein upgraded shares of Paypal from a “market perform” rating to an “outperform” rating and boosted their price target for the stock from $115.00 to $130.00 in a research report on Tuesday, January 7th. Craig Hallum reduced their price target on shares of Paypal from $140.00 to $120.00 and set a “buy” rating on the stock in a research report on Thursday, October 24th. Compass Point initiated coverage on shares of Paypal in a research report on Thursday, December 5th. They issued a “buy” rating and a $120.00 price target on the stock. Cantor Fitzgerald reduced their price target on shares of Paypal from $135.00 to $125.00 and set an “overweight” rating on the stock in a research report on Thursday, October 24th. Finally, ValuEngine cut shares of Paypal from a “buy” rating to a “hold” rating in a research report on Wednesday, October 2nd. Nine equities research analysts have rated the stock with a hold rating and twenty-six have given a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $122.96.

NASDAQ PYPL traded up $2.39 on Thursday, hitting $117.89. 8,531,551 shares of the stock were exchanged, compared to its average volume of 7,287,242. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.43 and a current ratio of 1.43. The stock has a fifty day moving average price of $110.04 and a two-hundred day moving average price of $107.75. The firm has a market capitalization of $136.38 billion, a P/E ratio of 55.35, a P/E/G ratio of 2.39 and a beta of 0.94. Paypal has a 52-week low of $86.62 and a 52-week high of $121.48.

Paypal (NASDAQ:PYPL) last posted its quarterly earnings data on Wednesday, October 23rd. The credit services provider reported $0.61 EPS for the quarter, topping the consensus estimate of $0.52 by $0.09. The company had revenue of $4.38 billion during the quarter, compared to analyst estimates of $4.35 billion. Paypal had a net margin of 14.89% and a return on equity of 16.73%. Paypal’s quarterly revenue was up 18.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.58 earnings per share. Sell-side analysts expect that Paypal will post 2.3 earnings per share for the current fiscal year.

In other news, EVP Jonathan Auerbach sold 2,660 shares of the business’s stock in a transaction on Friday, November 15th. The shares were sold at an average price of $103.75, for a total transaction of $275,975.00. Following the completion of the sale, the executive vice president now directly owns 115,274 shares of the company’s stock, valued at $11,959,677.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO John D. Rainey sold 5,507 shares of the business’s stock in a transaction on Friday, October 25th. The shares were sold at an average price of $104.46, for a total transaction of $575,261.22. Following the sale, the chief financial officer now directly owns 107,845 shares of the company’s stock, valued at $11,265,488.70. The disclosure for this sale can be found here. Insiders have sold 93,886 shares of company stock valued at $9,772,487 over the last three months. Insiders own 0.15% of the company’s stock.

Paypal Company Profile

PayPal Holdings, Inc operates as a technology platform and digital payments 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 iZettle products. The company's Payments Platform allows consumers to send payments, withdraw funds to their bank accounts, and hold balances in their PayPal accounts in various currencies.

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