PayPal Holdings, Inc. (NASDAQ:PYPL) – Equities research analysts at Jefferies Financial Group increased their Q1 2021 EPS estimates for PayPal in a research report issued on Wednesday, January 13th. Jefferies Financial Group analyst J. Hecht now expects that the credit services provider will earn $0.72 per share for the quarter, up from their prior estimate of $0.68. Jefferies Financial Group also issued estimates for PayPal’s Q2 2021 earnings at $0.85 EPS and FY2021 earnings at $3.53 EPS.

PayPal (NASDAQ:PYPL) last posted its quarterly earnings data on Monday, November 2nd. The credit services provider reported $1.07 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.94 by $0.13. The business had revenue of $5.46 billion for the quarter, compared to the consensus estimate of $5.41 billion. PayPal had a net margin of 13.44% and a return on equity of 16.17%. The company’s revenue was up 24.7% compared to the same quarter last year. During the same period last year, the firm posted $0.61 earnings per share.

Several other equities analysts also recently issued reports on the stock. Rosenblatt Securities increased their price objective on shares of PayPal from $250.00 to $254.00 and gave the company a “buy” rating in a report on Tuesday, November 17th. Piper Sandler increased their price objective on shares of PayPal from $228.00 to $255.00 and gave the company an “overweight” rating in a report on Wednesday, December 9th. BMO Capital Markets decreased their price objective on shares of PayPal from $200.00 to $193.00 in a report on Wednesday, November 4th. Barclays reiterated a “buy” rating and issued a $125.00 target price on shares of PayPal in a research report on Tuesday, December 22nd. Finally, Truist reduced their target price on shares of PayPal from $215.00 to $200.00 in a research report on Tuesday, November 3rd. Five investment analysts have rated the stock with a hold rating, thirty-four have given a buy rating and one has assigned a strong buy rating to the company’s stock. PayPal presently has an average rating of “Buy” and an average price target of $209.61.

PYPL opened at $244.90 on Thursday. The company has a quick ratio of 1.38, a current ratio of 1.38 and a debt-to-equity ratio of 0.51. The company has a market cap of $286.95 billion, a price-to-earnings ratio of 112.34, a PEG ratio of 3.42 and a beta of 1.11. PayPal has a 52-week low of $82.07 and a 52-week high of $247.44. The firm’s fifty day simple moving average is $227.48 and its two-hundred day simple moving average is $199.65.

In other PayPal news, CEO Daniel H. Schulman sold 25,000 shares of the stock in a transaction dated Tuesday, November 17th. The shares were sold at an average price of $193.11, for a total transaction of $4,827,750.00. Following the completion of the transaction, the chief executive officer now owns 420,203 shares of the company’s stock, valued at $81,145,401.33. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Jonathan Auerbach sold 3,109 shares of the stock in a transaction dated Friday, November 20th. The stock was sold at an average price of $193.20, for a total transaction of $600,658.80. Following the transaction, the executive vice president now directly owns 60,279 shares of the company’s stock, valued at approximately $11,645,902.80. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 87,109 shares of company stock valued at $17,452,089. 0.12% of the stock is currently owned by insiders.

A number of hedge funds have recently made changes to their positions in PYPL. Raymond James Trust N.A. raised its holdings in shares of PayPal by 11.0% in the 4th quarter. Raymond James Trust N.A. now owns 17,438 shares of the credit services provider’s stock worth $4,084,000 after purchasing an additional 1,723 shares during the period. Pacific Wealth Strategies Group Inc. raised its holdings in shares of PayPal by 52.4% in the 4th quarter. Pacific Wealth Strategies Group Inc. now owns 11,045 shares of the credit services provider’s stock worth $2,678,000 after purchasing an additional 3,797 shares during the period. Strategic Investment Advisors MI raised its holdings in shares of PayPal by 4.1% in the 4th quarter. Strategic Investment Advisors MI now owns 1,807 shares of the credit services provider’s stock worth $423,000 after purchasing an additional 72 shares during the period. IFM Investors Pty Ltd raised its holdings in shares of PayPal by 16.2% in the 4th quarter. IFM Investors Pty Ltd now owns 107,762 shares of the credit services provider’s stock worth $25,238,000 after purchasing an additional 15,017 shares during the period. Finally, Norway Savings Bank raised its holdings in shares of PayPal by 1.0% in the 4th quarter. Norway Savings Bank now owns 10,469 shares of the credit services provider’s stock worth $2,452,000 after purchasing an additional 99 shares during the period. 83.43% of the stock is owned by institutional investors.

About PayPal

PayPal Holdings, Inc operates as a technology platform and digital payments company that enables digital and mobile payments on behalf of consumers and merchants worldwide. Its payment solutions include PayPal, PayPal Credit, Braintree, Venmo, Xoom, and iZettle products. The company's payments platform allows consumers to send and receive payments, withdraw funds to their bank accounts, and hold balances in their PayPal accounts in various currencies.

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Earnings History and Estimates for PayPal (NASDAQ:PYPL)

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