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PayPal earnings beat, stock buyback send stock to record levels

PayPal earnings beat, stock buyback send stock to record levels”

PayPal had its " rating reiterated by analysts at Stifel Nicolaus. Cantor Fitzgerald reiterated a "positive" rating and set a $48.00 price objective on shares of Paypal Holdings in a research note on Monday, January 23rd. Because of the different techniques used to gauge a company target price, estimates may be quite different from one analyst to another.

PayPal Holdings, Inc. was covered by a number of analysts recently, 14 rated the stock as Buy, 15 rated Outperform, 14 rated Hold, 1 gave an Underperform and 0 rated sell.

PayPal reported solid first quarter earnings and revenue Wednesday after the bell.

Current levels places PayPal Holdings, Inc. PayPal Holdings Inc had 68 analyst reports since July 23, 2015 according to SRatingsIntel. Today I will look at the latest data and investigate into the future of this high growth stock in more detail. The stock's price moved up its 200-day moving average of $52.62. Enterprise Value is often used by value investors to help spot undervalued companies. This represents an increase of approximately 620% compared to the typical volume of 3,787 put options.

Sales/Adj. EPS of $2.98B and $0.44 compared to consensus expectations of $2.94B and $0.41, respectively. At present, the Gross Margin for PayPal Holdings, Inc. Its mobile payment volume rose 51% to $32 billion. Equity is made up of funds from the original issuing of shares and any retained earnings from previous financial years. The company had reported the adjusted revenue growth of 17 percent to $2.98 billion in the first quarter of FY 17, beating the analysts' estimates for revenue of $2.93 billion.

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Covering analysts often provide target price projections for company shares.

On 4/4/2017 Gary J Marino, EVP, sold 13,535 with an average share price of $42.52 per share and the total transaction amounting to $575,508.20. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Following the completion of the transaction, the executive vice president now directly owns 39,405 shares of the company's stock, valued at $1,675,500.60. The disclosure for this sale can be found here.

Want to see what other hedge funds are holding PYPL?

The share price of PayPal (NASDAQ:PYPL) was up +0.99% during the last trading session, with a day high of 45.01.

MetLife, Inc. (MET) declared that its board of directors has declared a second quarter 2017 common stock dividend of $0.40 per share. M&T Bank Corp now owns 8,809,522 shares of the credit services provider's stock valued at $360,926,000 after buying an additional 7,029,543 shares in the last quarter. By watching how many shares are trading hands and looking for any changes in that activity, trading opportunities can be spotted along with a deeper understanding of the reliability of other indicators on the stock.

Spencer Platt/Getty ImagesConsumers will be able to use their PayPal accounts with Google's mobile payments platform Android Pay at retailers such as WalGreens Boots and Dunkin' Donuts. It payment platform includes PayPal, PayPal Credit, Venmo and Braintree products.



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