Paypal (PYPL) Scheduled to Post Quarterly Earnings on Wednesday

Paypal (NASDAQ:PYPL) will issue its quarterly earnings data before the market opens on Wednesday, January 24th. Analysts expect the company to announce earnings of $0.52 per share for the quarter.

Paypal (NASDAQ:PYPL) last released its earnings results on Thursday, October 19th. The credit services provider reported $0.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.43 by $0.03. Paypal had a return on equity of 11.33% and a net margin of 12.69%. The business had revenue of $3.24 billion for the quarter, compared to analyst estimates of $3.18 billion. During the same quarter in the prior year, the company posted $0.35 earnings per share. Paypal’s revenue was up 21.4% on a year-over-year basis. On average, analysts expect Paypal to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Shares of Paypal (NASDAQ PYPL) opened at $80.42 on Wednesday. Paypal has a twelve month low of $39.02 and a twelve month high of $81.80. The stock has a market capitalization of $96,660.00 and a PE ratio of 62.83.

In other news, Director Rodney C. Adkins bought 6,750 shares of the firm’s stock in a transaction dated Friday, December 8th. The shares were bought at an average price of $74.04 per share, with a total value of $499,770.00. Following the completion of the transaction, the director now owns 10,149 shares of the company’s stock, valued at $751,431.96. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 6.00% of the stock is currently owned by corporate insiders.

PYPL has been the topic of several analyst reports. Credit Suisse Group reiterated an “outperform” rating and set a $85.00 target price (up previously from $74.00) on shares of Paypal in a report on Friday, November 17th. Barclays upped their target price on Paypal from $75.00 to $78.00 and gave the stock an “overweight” rating in a report on Friday, October 20th. Citigroup reiterated a “buy” rating and set a $87.00 target price on shares of Paypal in a report on Friday, November 17th. Zacks Investment Research lowered Paypal from a “buy” rating to a “hold” rating in a report on Thursday, November 2nd. Finally, Argus upped their target price on Paypal from $80.00 to $87.00 and gave the stock a “buy” rating in a report on Friday, November 17th. Ten analysts have rated the stock with a hold rating, thirty-three have given a buy rating and one has issued a strong buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $76.05.

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Paypal Company Profile

PayPal Holdings, Inc is a technology platform and digital payments company that enables digital and mobile payments on behalf of consumers and merchants. The Company’s combined payment solutions, including its PayPal, PayPal Credit, Braintree, Venmo, Xoom and Paydiant products, compose its Payments Platform.

Earnings History for Paypal (NASDAQ:PYPL)

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