PayPal Holdings (PYPL) Given Media Impact Score of 0.10
Media headlines about PayPal Holdings (NASDAQ:PYPL) have been trending somewhat positive this week, according to Accern Sentiment. The research group scores the sentiment of news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. PayPal Holdings earned a news sentiment score of 0.10 on Accern’s scale. Accern also gave headlines about the credit services provider an impact score of 45.4790513474699 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the news headlines that may have effected Accern Sentiment Analysis’s rankings:
- PayPal Holdings (NASDAQ:PYPL) versus Mimecast Limited (MIME) Financial Survey (americanbankingnews.com)
- PayPal Holdings, Inc. (PYPL) built weekly Bullish picture with performance of 0.56% (campdesrecrues.com)
- PayPal partners with Skype for P2P payments in the Skype app (finance.yahoo.com)
- Square Shares a CEO With Twitter, Here Is How to Trade the Stock Into Earnings (finance.yahoo.com)
- More social media apps have become payment apps — even Skype (finance.yahoo.com)
Shares of PayPal Holdings (PYPL) traded up 0.75% during mid-day trading on Friday, reaching $58.86. The company had a trading volume of 6,174,328 shares. PayPal Holdings has a 52-week low of $36.28 and a 52-week high of $61.30. The firm’s 50-day moving average price is $55.57 and its 200 day moving average price is $47.60. The company has a market cap of $70.77 billion, a price-to-earnings ratio of 47.47 and a beta of 0.99. PayPal Holdings also was the recipient of some unusual options trading on Wednesday. Traders bought 3,225 call options on the stock. This represents an increase of 657% compared to the average daily volume of 426 call options.
PayPal Holdings (NASDAQ:PYPL) last posted its earnings results on Wednesday, July 26th. The credit services provider reported $0.46 EPS for the quarter, beating the consensus estimate of $0.43 by $0.03. The firm had revenue of $3.14 billion during the quarter, compared to the consensus estimate of $3.09 billion. PayPal Holdings had a return on equity of 11.10% and a net margin of 12.82%. The business’s quarterly revenue was up 18.3% on a year-over-year basis. During the same period last year, the company earned $0.36 earnings per share. Equities analysts expect that PayPal Holdings will post $1.84 EPS for the current year.
PayPal Holdings announced that its Board of Directors has authorized a stock repurchase plan on Wednesday, April 26th that authorizes the company to repurchase $5.00 billion in shares. This repurchase authorization authorizes the credit services provider to buy up to 9.3% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s management believes its stock is undervalued.
PYPL has been the subject of a number of analyst reports. Piper Jaffray Companies reissued an “underweight” rating and issued a $41.00 price target on shares of PayPal Holdings in a research report on Friday, April 14th. Credit Suisse Group reissued an “outperform” rating and issued a $47.00 price target on shares of PayPal Holdings in a research report on Monday, April 17th. Wedbush reissued an “outperform” rating and issued a $54.00 price target on shares of PayPal Holdings in a research report on Wednesday, April 19th. Jefferies Group LLC reissued a “buy” rating and issued a $52.00 price target on shares of PayPal Holdings in a research report on Wednesday, April 19th. Finally, Stifel Nicolaus reissued a “buy” rating and issued a $49.00 price target on shares of PayPal Holdings in a research report on Sunday, April 23rd. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, thirty have given a buy rating and two have given a strong buy rating to the company’s stock. PayPal Holdings presently has a consensus rating of “Buy” and a consensus price target of $59.49.
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In other news, EVP Gary J. Marino sold 1,350 shares of the stock in a transaction dated Thursday, June 1st. The stock was sold at an average price of $52.48, for a total value of $70,848.00. Following the completion of the sale, the executive vice president now owns 37,491 shares of the company’s stock, valued at $1,967,527.68. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Gail J. Mcgovern sold 1,800 shares of the stock in a transaction dated Thursday, June 8th. The shares were sold at an average price of $53.97, for a total value of $97,146.00. Following the completion of the sale, the director now directly owns 12,647 shares of the company’s stock, valued at approximately $682,558.59. The disclosure for this sale can be found here. In the last three months, insiders sold 95,852 shares of company stock valued at $5,653,198. Insiders own 6.00% of the company’s stock.
PayPal Holdings Company Profile
PayPal Holdings, Inc is a technology platform and digital payments company that enables digital and mobile payments on behalf of consumers and merchants. The Company’s combined payment solutions, including its PayPal, PayPal Credit, Braintree, Venmo, Xoom and Paydiant products, compose its Payments Platform.
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