In addition, the stock’s trailing-12-month asset turnover ratio of 0.35% is 45.3% lower than the 0.64% industry average. ‘s Cash App, which competes directly with Venmo, provides an apt comparison. Cash App counted 49 million monthly PYPL stock forecast active users in the latest quarter, but generated $774 million in gross profit in just the latest three-month period. It’s safe to say that Venmo has some catching up to do when it comes to achieving better monetization.
Shares of PayPal appear to be expensive, trading at roughly 26 times 2019 earnings estimates of $2.82 per share. But when considering the growth rate, shares are not all that expensive. Forex Earnings for the company are seen growing by roughly 21% in 2019 on strong revenue growth of nearly 16%. When adjusting for growth, it gives the stock a PEG ratio of about 1.25.
This is a compelling valuation, given that from 2016 through 2021 the company’s revenue and net income increased 134% and 198%, respectively. The top electronic payments platform is dealing with its own set of issues. 5PayPal covers all transaction fees only when donating in support of a charity to PayPal Giving Fund, a 501 charity, subject to its terms. Donations can take up to 45 days to get to your chosen charity.
Make your money go further and further
Consensus Price Target is the stock price analysts expect to see within a period of 0-18 months. B-RATED https://dotbig.com/ STOCKS are those stocks our Big Data multi-factor models score as moderately probable to rise in price.
Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to https://dotbig.com/markets/stocks/PYPL/ consumers. The highest analyst price target is $160.00 ,the lowest forecast is $75.00. The average price target represents 44.07% Increase from the current price of $74.66.
PayPal – PYPL Stock Forecast, Price & News
To see all exchange delays and terms of use, please see disclaimer. In terms of forward non-GAAP P/E, PYPL’s 23.58x is 39.6% higher than the 16.89x industry average. Its 3.97x https://dotbig.com/ forward EV/Sales is 52.7% higher than the 2.60x industry average. Likewise, the stock’s forward EV/EBITDA of 16.91x is 38.8% higher than the 12.18x industry average.
A score of 29 means the stock is more attractive than 29 percent of stocks. https://www.forex.com/ PYPL shares rose $0.96 (+1.05%) in premarket trading Wednesday.
- PayPal Holdings, Inc. engages in the development of technology platforms for digital payments.
- Intraday Data provided by FACTSET and subject to terms of use.
- By creating a free account, you agree to our terms of service.
- Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein.
Fundamental company data provided by Morningstar, updated daily. Intraday Data provided by FACTSET and subject to terms of use. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Intraday data delayed at least 15 minutes or per exchange requirements. Now, PayPal provides digital financial infrastructure, services, and support across a wide range of applications globally including but not limited to payments, wallet services, and credit. The company is headquartered in San Jose, California, and is built on the belief that everyone has the right to participate in the global digital economy.
More Resources for the Stocks in this Article
Securities trading offered through Robinhood Financial LLC, Member SIPC and a registered broker-dealer. Sign Up NowGet this delivered to your inbox, and more info about our products and services. Most of the damage this year has been concentrated dotbig in the tech sector. With rising interest rates and a recession likely in the new year, speculative innovation firms have been hit the hardest. Block witnesses robust number of transactions on Afterpay during this peak shopping season.
Polkadot leads increases as largest cryptocurrencies start mixed
PYPL has plunged 20.1% in price over the past six months and 53% year-to-date to close the last trading session at $91.63. It is currently trading 67.3% below its 52-week high of $279.95, which it hit on September 23, 2021. These announcements help to make PayPal’s offerings even more ubiquitous in a hyper-competitive Paypal stock price today payments market, something that could support higher revenue over time. © 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed.
Stocks
Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis. Credit Suisse analyst Timothy Chiodo maintained an Outperform rating on the stock. The highest, average, and lowest price target of all analysts.
Real-time quotes, advanced visualizations, backtesting, and much more. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. After submitting your request, you will receive an activation email to the PYPL requested email address. You must click the activation link in order to complete your subscription. Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes. Data may be intentionally delayed pursuant to supplier requirements.
There are currently 12 hold ratings and 27 buy ratings for the stock. The consensus among Wall Street analysts is that investors should “buy” PYPL shares. PayPal was spun off from eBay in 2015 and provides electronic payment solutions to merchants and consumers, with a focus on online transactions. The company had 426 million active accounts at the end of 2021, including 34 million merchant accounts. The company also owns Xoom, an international money transfer business, and Venmo, a person-to-person payment platform. The company’s number of active accounts grew 6% year-over-year to 429 million in the second quarter versus 16% year-over-year growth in the prior-year period.
