The company's quick ratio for most recent quarter is 1.50.
Loop Capital Initiated its coverage for PayPal Holdings, Inc. To take look on ration of tradable shares being shorted in market, float short ration was 10.40%, as compared to sentiment indicator; Short Ratio was 10.21. Raymond James Trust N.A. boosted its stake in shares of Paypal Holdings by 0.9% in the third quarter. North Star Asset Management Inc. now owns 167,839 shares of the company's stock valued at $6,876,000 after buying an additional 8,645 shares in the last quarter. Thrivent Financial for Lutherans raised its stake in Paypal Holdings by 5.8% in the fourth quarter. TD Asset Management Inc. now owns 1,014,846 shares of the company's stock valued at $41,578,000 after buying an additional 337,067 shares in the last quarter. Finally, LeJeune Puetz Investment Counsel LLC acquired a new stake in Paypal Holdings during the fourth quarter valued at $1,171,000. Fisher Asset Management LLC now owns 292,143 shares of the company's stock valued at $11,969,000 after buying an additional 1,645 shares during the last quarter. Gradient Investments LLC now owns 8,432 shares of the company's stock valued at $345,000 after buying an additional 54 shares during the last quarter.
Vetr upgraded shares of Paypal Holdings Inc (NASDAQ:PYPL) from a buy rating to a strong-buy rating in a research report report published on Tuesday morning.
The stock as of last trading session moved 26.71% up from its 52 week low and was -3.23% behind its 52 week high.
01/05/2017 - BMO Capital Markets began new coverage on PayPal giving the company a "outperform" rating.
Paypal Holdings (NASDAQ:PYPL) last issued its earnings results on Thursday, January 26th. The company reported $0.42 EPS for the quarter, meeting the Thomson Reuters' consensus estimate of $0.42. Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market.
EPS growth for this year is 15.10% and EPS growth for next year is expected to reach at 18.44%. The firm's revenue was up 16.6% compared to the same quarter a year ago. For annual bases, the firm attains $1.73 per-share earnings for FY 2016 trends against $2.04 for fiscal year 2017 Trends, views extracted from WSJ.
Other research analysts have also recently issued research reports about the stock. BTIG Research reaffirmed a buy rating and issued a $24.00 target price on shares of Paypal Holdings in a research report on Thursday, February 16th. The firm now has $51.67 target price on the stock. Finally, Morgan Stanley reissued an "equal weight" rating on shares of Paypal Holdings in a research note on Wednesday, March 8th. They now have an overweight rating on the stock. Paypal Holdings presently has a consensus rating of Buy and a consensus price target of $45.63. The research firm Initiated the stock to Hold. Two analysts have rated the stock with a sell rating, fifteen have given a hold rating, twenty-four have given a buy rating and two have issued a strong buy rating to the stock.
PayPal had its "buy" rating reiterated by analysts at Deutsche Bank. The average and low price target for the stock are $47.1 and $39, respectively. Following the completion of the sale, the executive vice president now directly owns 40,740 shares of the company's stock, valued at $1,736,746.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.