Quarterly EPS Forecast Review: PayPal Holdings, Inc. (PYPL)

PayPal has recently expanded its partnership with Google and is planning to expand its mobile payments. Morgan Stanley initiated Paypal Holdings Inc (NASDAQ:PYPL) rating on Thursday, July 23. Winslow Capital Management LLC now owns 10,060,110 shares of the credit services provider's stock valued at $412,163,000 after buying an additional 3,505,881 shares in the last quarter.

PayPal returned $517 million capital to shareholders through stock buybacks during the quarter.

Shares of Paypal Holdings (NASDAQ:PYPL) opened at 44.41 on Thursday.

PayPal Holdings, Inc. (PYPL) has a 52-week high of $45.01 and a 52-week low of $34.00. GAAP earnings per diluted share are estimated in the range of $1.28-$1.13, while non-GAAP earnings per diluted share are estimated in the range of $1.74-$1.79. Tracking the stock price in relation to moving averages may provide enhanced perspective on stock performance. Canaccord Genuity reissued a "hold" rating and issued a $40.00 target price on shares of Paypal Holdings in a research note on Friday, January 20th.

The price/earnings ratio (P/E) is 38.88 and the forward P/E ratio stands at 21.96. Looking ahead, the company expects to achieve an EPS of $12.05 - $12.15 on revenue of $9.1 - $9.3 billion for 2017, which is below the Street estimates of $12.36 a share and $9.21 billion. On the other side of RSI values, an RSI reading of 30 or below is commonly interpreted as indicating an oversold or undervalued condition that may signal a trend change or corrective price reversal to the upside. The Q2 2017 consensus earnings estimates for the company have stabilized at US$0.41 per share. Equities research analysts anticipate that Paypal Holdings will post $1.72 EPS for the current fiscal year. Eleven analysts rating the company a strong buy, 13 firms rating the stock a buy, 12 brokerages rating the stock a hold, 3 brokerages rating the stock a underperform, and finally 0 brokers rating the stock a sell with a average stock price target of $43.68.

PayPal Holdings, Inc. (NYSE:PYPL)'s market cap, the total dollar value of all of their outstanding shares, is 52866.11m. Because of the different techniques used to gauge a company target price, estimates may be quite different from one analyst to another. By reviewing stock prices from the stock market history of the company and examining its analysts ratings can give an investment picture with updated information of stock which helps investors to make investing decision. Following the completion of the transaction, the executive vice president now directly owns 39,405 shares in the company, valued at approximately $1,675,500.60.

Up to Wednesday's close, the company's stock had risen 12.5 percent since the start of the year.

On 11/1/2016 Tomer Barel, EVP, sold 28,768 with an average share price of $41.84 per share and the total transaction amounting to $1,203,653.12. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. The disclosure for this sale can be found here.

ILLEGAL ACTIVITY NOTICE: "Paypal Holdings Inc (PYPL) Raised to Buy at Zacks Investment Research" was published by Chaffey Breeze and is owned by of Chaffey Breeze.

"With another quarter of strong financial results, we continue to deliver on our vision to democratize financial services for our consumers and drive the global transition from cash to digital payments", said Dan Schulman, President and CEO of PayPal.

PYPL has been the topic of several other reports. The Company's combined payment solutions, including its PayPal, PayPal Credit, Braintree, Venmo, Xoom and Paydiant products, compose its Payments Platform.