A new trading day began on Tuesday, with PayPal Holdings Inc (NASDAQ: PYPL) stock price up 0.43% from the previous day of trading, before settling in for the closing price of $80.56. PYPL’s price has ranged from $50.25 to $82.00 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Financial sector saw sales topped by 14.06%. Meanwhile, its annual earnings per share averaged -13.02%. With a float of $1.02 billion, this company’s outstanding shares have now reached $1.07 billion.
The extent of productivity of a business whose workforce counts for 27200 workers is very important to gauge. In terms of profitability, gross margin is 42.56%, operating margin of 18.36%, and the pretax margin is 18.2%.
PayPal Holdings Inc (PYPL) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Credit Services Industry. The insider ownership of PayPal Holdings Inc is 0.35%, while institutional ownership is 71.53%. The most recent insider transaction that took place on May 24 ’24, was worth 272,616. In this transaction Director of this company sold 4,422 shares at a rate of $61.65, taking the stock ownership to the 13,976 shares. Before that another transaction happened on Mar 01 ’24, when Company’s SVP, GM, Lg Ent & Mer Plat. sold 7,686 for $60.64, making the entire transaction worth $466,077. This insider now owns 23,430 shares in total.
PayPal Holdings Inc (PYPL) Latest Financial update
In its latest quarterly report, released on 6/30/2024, the company reported earnings of 1.3 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.1 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -13.02% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.80% during the next five years compared to 17.54% growth over the previous five years of trading.
PayPal Holdings Inc (NASDAQ: PYPL) Trading Performance Indicators
Here are PayPal Holdings Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.24. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.66. Likewise, its price to free cash flow for the trailing twelve months is 12.34.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.13, a number that is poised to hit 1.07 in the next quarter and is forecasted to reach 4.83 in one year’s time.
Technical Analysis of PayPal Holdings Inc (PYPL)
The latest stats from [PayPal Holdings Inc, PYPL] show that its last 5-days average volume of 7.59 million was inferior to 13.61 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 70.10%. Additionally, its Average True Range was 1.87.
During the past 100 days, PayPal Holdings Inc’s (PYPL) raw stochastic average was set at 95.65%, which indicates a significant increase from 81.71% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.74% in the past 14 days, which was lower than the 32.55% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $74.67, while its 200-day Moving Average is $65.35. Now, the first resistance to watch is $81.54. This is followed by the second major resistance level at $82.17. The third major resistance level sits at $82.92. If the price goes on to break the first support level at $80.16, it is likely to go to the next support level at $79.41. The third support level lies at $78.78 if the price breaches the second support level.
PayPal Holdings Inc (NASDAQ: PYPL) Key Stats
With a market capitalization of 82.72 billion, the company has a total of 1,046,046K Shares Outstanding. Currently, annual sales are 29,771 M while annual income is 4,246 M. The company’s previous quarter sales were 7,885 M while its latest quarter income was 1,128 M.
