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Monday, June 5, 2023

PayPal Holdings Inc. (NASDAQ: PYPL): Is It A Buying Opportunity Again?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for PayPal Holdings Inc. (PYPL) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.13, or 0.21%, to $61.40. The PayPal Holdings Inc. has recorded 432,880 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted PayPal Announces New Employee Inducement Grants.

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Stocks Info

The company is listed on the NASDAQ and operates within the Credit Services industry segment. At the end of the last regular session, the stock closed at $61.27 and fluctuated between $61.65 as its day high and $60.46 as its day low. The current market capitalization of PayPal Holdings Inc. is $71.57B. A total of 19.73 million shares were traded on the day, compared to an average of 13.55M shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, PYPL has seen 29 BUY and 14 SELL insider trades, representing the acquisition of 616,804 and the disposition of 300,424 shares. Over the last 12 months, there were 51 BUYs and 20 SELLs from insiders. Insiders purchased 692,855 shares during that period but sold 324,959.

In the most recent transaction, SCHULMAN DANIEL H bought 26,065 shares of PYPL for 76.17 per share on Feb 17. After the transaction, the President and CEO now owns 395,351 company shares. In a previous transaction on Sep 16, Scheibe Gabrielle sold 150 shares at 94.95 per share. PYPL shares that insider owns now total 8,927.

Among the insiders who sold shares, Alford Peggy disposed of 21,791 shares on Aug 04 at a per-share price of $97.82. This resulted in the EVP, Global Sales holding 18,100 shares of PYPL after the transaction.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for PYPL in the last 3 months, the mean price target is $94.79 with high estimates of $160.00 and low estimates of $58.00. In terms of 52-week highs and lows, PYPL has a high of $103.03 and a low of $60.40.

As of this writing, PYPL has an earnings estimate of $1.16 per share for the current quarter. EPS was calculated based on a consensus of 33 estimates, with a high estimate of $1.21 per share and a lower estimate of $1.11. The company reported an EPS of $1.24 in the last quarter, which was 3.30% higher than expectations of $1.2.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. PYPL’s latest balance sheet shows that the firm has $9.50B in Cash & Short Term Investments as of fiscal 2021. There were $9.05B in debt and $43.03B in liabilities at the time. Its Book Value Per Share was $17.59, while its Total Shareholder’s Equity was $21.73B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PYPL is Buy with a score of 4.34.

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