PayPal Holdings (PYPL) Earns Daily Media Impact Score of 0.19
Media coverage about PayPal Holdings (NASDAQ:PYPL) has trended somewhat positive recently, according to Accern. Accern identifies positive and negative press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. PayPal Holdings earned a daily sentiment score of 0.19 on Accern’s scale. Accern also assigned media stories about the credit services provider an impact score of 45.9116311193575 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the media stories that may have impacted Accern’s rankings:
- Better Buy: PayPal Holdings, Inc. vs. Discover (fool.com)
- Balentine LLC Acquires 780 Shares of PayPal Holdings, Inc. (PYPL) (elcumanes.com)
- 42.3% Return Seen to Date on SmarTrend Paypal Holdings Call (PYPL) (mysmartrend.com)
- First Analysis Comments on PayPal Holdings, Inc.’s Q2 2018 Earnings (PYPL) (overnewsmagazine.com)
- The PayPal Holdings, Inc. (PYPL) Earns Neutral Rating from Mizuho (campdesrecrues.com)
Shares of PayPal Holdings (NASDAQ:PYPL) traded up 0.32% during midday trading on Wednesday, hitting $59.67. 6,023,896 shares of the stock were exchanged. The stock has a 50 day moving average price of $56.15 and a 200-day moving average price of $47.84. PayPal Holdings has a 12 month low of $36.30 and a 12 month high of $61.30. The company has a market cap of $71.75 billion, a PE ratio of 48.12 and a beta of 0.99.
PayPal Holdings (NASDAQ:PYPL) last announced its quarterly earnings results on Wednesday, July 26th. The credit services provider reported $0.46 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.43 by $0.03. PayPal Holdings had a net margin of 12.82% and a return on equity of 11.10%. The firm had revenue of $3.14 billion for the quarter, compared to analyst estimates of $3.09 billion. During the same period last year, the business earned $0.36 EPS. PayPal Holdings’s revenue for the quarter was up 18.3% compared to the same quarter last year. On average, analysts predict that PayPal Holdings will post $1.84 EPS for the current year.
PayPal Holdings announced that its Board of Directors has approved a stock buyback program on Wednesday, April 26th that authorizes the company to buyback $5.00 billion in outstanding shares. This buyback authorization authorizes the credit services provider to purchase up to 9.3% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s board of directors believes its shares are undervalued.
Several research analysts have issued reports on PYPL shares. Jefferies Group LLC restated a “buy” rating and set a $52.00 target price on shares of PayPal Holdings in a research report on Friday, April 28th. BidaskClub upgraded PayPal Holdings from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, June 27th. Stifel Nicolaus restated a “buy” rating and set a $49.00 target price on shares of PayPal Holdings in a research report on Sunday, April 23rd. Robert W. Baird restated an “outperform” rating and set a $65.00 target price (up previously from $59.00) on shares of PayPal Holdings in a research report on Thursday, July 27th. Finally, Deutsche Bank AG restated a “buy” rating and set a $52.00 target price on shares of PayPal Holdings in a research report on Saturday, April 29th. One 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. The company currently has an average rating of “Buy” and an average price target of $59.49.
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In other PayPal Holdings news, EVP Gary J. Marino sold 1,350 shares of PayPal Holdings stock in a transaction on Thursday, June 1st. The shares were sold at an average price of $52.48, for a total value of $70,848.00. Following the transaction, the executive vice president now directly owns 37,491 shares in the company, valued at $1,967,527.68. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Gail J. Mcgovern sold 1,800 shares of PayPal Holdings stock in a transaction on Thursday, June 8th. The shares were sold at an average price of $53.97, for a total transaction of $97,146.00. Following the completion of the transaction, the director now owns 12,647 shares in the company, valued at $682,558.59. The disclosure for this sale can be found here. Insiders have sold a total of 95,852 shares of company stock worth $5,653,198 over the last quarter. 6.00% of the stock is owned by company insiders.
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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