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After finishing at $65.61 in the prior trading day, PayPal Holdings Inc (NASDAQ: PYPL) closed at $65.92, up 0.47%. In other words, the price has increased by $0.47 from its previous closing price. On the day, 9.22 million shares were traded. PYPL stock price reached its highest trading level at $66.765 during the session, while it also had its lowest trading level at $65.77.
Ratios:
Our goal is to gain a better understanding of PYPL by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.82 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.84. For the most recent quarter (mrq), Quick Ratio is recorded 1.28 and its Current Ratio is at 1.28. In the meantime, Its Debt-to-Equity ratio is 0.56 whereas as Long-Term Debt/Eq ratio is at 0.49.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Monness Crespi & Hardt on April 29, 2024, Reiterated its Buy rating but revised its target price to $88 from $80 previously.
On February 13, 2024, Daiwa Securities Downgraded its rating to Neutral which previously was Outperform and also lowered its target price recommendation from $64 to $62.
DZ Bank Downgraded its Buy to Hold on February 09, 2024, while the target price for the stock was maintained at $60.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 01 ’24 when Keller Frank sold 7,686 shares for $60.64 per share. The transaction valued at 466,077 led to the insider holds 23,430 shares of the business.
Alford Peggy sold 15,000 shares of PYPL for $851,428 on Nov 27 ’23. The EVP, Global Sales now owns 40,601 shares after completing the transaction at $56.76 per share. On Nov 21 ’23, another insider, Auerbach Jonathan, who serves as the Chief Strat., Gr & Data Ofr of the company, sold 64,957 shares for $55.58 each. As a result, the insider received 3,610,373 and left with 79,051 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PYPL now has a Market Capitalization of 68955611136 and an Enterprise Value of 66279354368. As of this moment, PayPal’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.59, and their Forward P/E ratio for the next fiscal year is 14.30. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.04. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.27 while its Price-to-Book (P/B) ratio in mrq is 3.35. Its current Enterprise Value per Revenue stands at 2.178 whereas that against EBITDA is 11.712.
Stock Price History:
Over the past 52 weeks, PYPL has reached a high of $76.54, while it has fallen to a 52-week low of $50.25. The 50-Day Moving Average of the stock is 3.55%, while the 200-Day Moving Average is calculated to be 7.84%.
Shares Statistics:
The stock has traded on average 15.12M shares per day over the past 3-months and 16618960 shares per day over the last 10 days, according to various share statistics. A total of 1.07B shares are outstanding, with a floating share count of 1.04B. Insiders hold about 0.88% of the company’s shares, while institutions hold 70.85% stake in the company. Shares short for PYPL as of 1713139200 were 20965194 with a Short Ratio of 1.39, compared to 1710460800 on 22945489. Therefore, it implies a Short% of Shares Outstanding of 20965194 and a Short% of Float of 1.9900000000000002.
