PayPal Holdings Inc (NASDAQ: PYPL) on November 20, 2023, started off the session at the price of $56.54, soaring 0.80% from the previous trading day. During the day, the shares moved up to $57.235 and dropped to $56.26 before settling in for the closing price of $56.54. Within the past 52 weeks, PYPL’s price has moved between $50.25 and $88.62.
During the last 5-year period, the sales growth of Financial Sector giant was 15.80%. The company achieved an average annual earnings per share of 20.58%. With a float of $1.07 billion, this company’s outstanding shares have now reached $1.14 billion.
Let’s determine the extent of company efficiency that accounts for 29900 employees. In terms of profitability, gross margin is +47.30, operating margin of +13.24, and the pretax margin is +12.44.
PayPal Holdings Inc (PYPL) Breakdown of a Key Holders of the stock
Observing investor behavior towards Credit Services industry stocks is more important than anything else. The insider ownership of PayPal Holdings Inc is 0.85%, while institutional ownership is 69.53%. The most recent insider transaction that took place on Sep 05, was worth 13,500. In this transaction Acting CFO & SVP, IR & Treas of this company sold 213 shares at a rate of $63.38, taking the stock ownership to the 29,149 shares. Before that another transaction happened on Feb 17, when Company’s President and CEO bought 26,065 for $76.17, making the entire transaction worth $1,985,306. This insider now owns 395,351 shares in total.
PayPal Holdings Inc (PYPL) Recent Fiscal highlights
As on 9/29/2023, Multinational firm has announced its last quarter scores, in which it reported $1.3 earnings per share (EPS) for the period topping the consensus outlook (set at $1.23) by $0.07. This company achieved a net margin of +8.94 while generating a return on equity of 11.52. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.18 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 20.58% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 18.38% during the next five years compared to 7.28% growth over the previous five years of trading.
PayPal Holdings Inc (NASDAQ: PYPL) Trading Performance Indicators
PayPal Holdings Inc (PYPL) is currently performing well based on its current performance indicators. A quick ratio of 1.30 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.13. Likewise, its price to free cash flow for the trailing twelve months is 22.34.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.36, a number that is poised to hit 1.36 in the next quarter and is forecasted to reach 5.58 in one year’s time.
Technical Analysis of PayPal Holdings Inc (PYPL)
Looking closely at PayPal Holdings Inc (NASDAQ: PYPL), its last 5-days average volume was 13.66 million, which is a drop from its year-to-date volume of 15.18 million. As of the previous 9 days, the stock’s Stochastic %D was 64.60%. Additionally, its Average True Range was 1.56.
During the past 100 days, PayPal Holdings Inc’s (PYPL) raw stochastic average was set at 25.64%, which indicates a significant decrease from 79.02% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.81% in the past 14 days, which was lower than the 38.26% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $56.85, while its 200-day Moving Average is $66.35. However, in the short run, PayPal Holdings Inc’s stock first resistance to watch stands at $57.40. Second resistance stands at $57.80. The third major resistance level sits at $58.37. If the price goes on to break the first support level at $56.42, it is likely to go to the next support level at $55.85. Now, if the price goes above the second support level, the third support stands at $55.45.
PayPal Holdings Inc (NASDAQ: PYPL) Key Stats
Market capitalization of the company is 61.44 billion based on 1,078,140K outstanding shares. Right now, sales total 27,518 M and income totals 2,419 M. The company made 7,418 M in profit during its latest quarter, and 1,020 M in sales during its previous quarter.