Compass Point Cuts PayPal (NASDAQ:PYPL) Price Target to $56.00

by · The Markets Daily

PayPal (NASDAQ:PYPL – Free Report) had its target price lowered by Compass Point from $66.00 to $56.00 in a research report report published on Tuesday, MarketBeat Ratings reports. The firm currently has a sell rating on the credit services provider’s stock.

A number of other equities analysts have also weighed in on PYPL. Robert W. Baird set a $83.00 price objective on shares of PayPal in a research report on Wednesday, October 29th. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $70.00 price target (down from $85.00) on shares of PayPal in a report on Thursday, December 4th. Canaccord Genuity Group increased their price target on PayPal from $96.00 to $100.00 and gave the stock a “buy” rating in a research note on Wednesday, October 29th. Truist Financial raised their price objective on PayPal from $65.00 to $66.00 and gave the stock a “sell” rating in a report on Tuesday, November 4th. Finally, Wells Fargo & Company dropped their target price on PayPal from $74.00 to $67.00 and set an “equal weight” rating for the company in a research note on Tuesday. Fourteen analysts have rated the stock with a Buy rating, twenty have given a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $80.22.

Get Our Latest Research Report on PayPal

PayPal Stock Up 0.9%

Shares of NASDAQ:PYPL opened at $61.69 on Tuesday. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.56. The company has a market capitalization of $57.72 billion, a P/E ratio of 12.36, a P/E/G ratio of 0.83 and a beta of 1.43. PayPal has a 52-week low of $55.85 and a 52-week high of $93.25. The stock’s fifty day simple moving average is $66.04 and its 200-day simple moving average is $69.23.

PayPal (NASDAQ:PYPL – Get Free Report) last posted its quarterly earnings data on Tuesday, October 28th. The credit services provider reported $1.34 EPS for the quarter, topping analysts’ consensus estimates of $1.20 by $0.14. PayPal had a return on equity of 25.64% and a net margin of 14.96%.The firm had revenue of $8.42 billion during the quarter, compared to analysts’ expectations of $8.21 billion. The firm’s quarterly revenue was up 7.3% compared to the same quarter last year. During the same quarter last year, the business posted $1.20 EPS. PayPal has set its Q4 2025 guidance at 1.270-1.310 EPS and its FY 2025 guidance at 5.350-5.390 EPS. As a group, equities research analysts forecast that PayPal will post 5.03 earnings per share for the current fiscal year.

PayPal Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Wednesday, November 19th were paid a $0.14 dividend. This represents a $0.56 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend was Wednesday, November 19th. PayPal’s payout ratio is currently 11.22%.

Insider Transactions at PayPal

In related news, EVP Aaron Webster sold 9,282 shares of the stock in a transaction that occurred on Monday, November 10th. The shares were sold at an average price of $66.29, for a total transaction of $615,303.78. Following the completion of the sale, the executive vice president owned 35,699 shares of the company’s stock, valued at approximately $2,366,486.71. This represents a 20.64% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Suzan Kereere sold 4,162 shares of the firm’s stock in a transaction that occurred on Wednesday, November 19th. The shares were sold at an average price of $59.84, for a total transaction of $249,054.08. Following the completion of the transaction, the insider owned 30,983 shares in the company, valued at $1,854,022.72. The trade was a 11.84% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 36,156 shares of company stock worth $2,432,524 over the last 90 days. Company insiders own 0.08% of the company’s stock.

Institutional Trading of PayPal

A number of institutional investors have recently added to or reduced their stakes in PYPL. Norges Bank acquired a new position in shares of PayPal during the second quarter worth about $921,570,000. Dimensional Fund Advisors LP raised its holdings in shares of PayPal by 35.9% during the 3rd quarter. Dimensional Fund Advisors LP now owns 8,177,536 shares of the credit services provider’s stock valued at $548,520,000 after buying an additional 2,160,227 shares during the period. Lazard Asset Management LLC lifted its position in PayPal by 1,066.0% during the 2nd quarter. Lazard Asset Management LLC now owns 2,106,215 shares of the credit services provider’s stock worth $156,532,000 after acquiring an additional 1,925,583 shares in the last quarter. Two Sigma Investments LP purchased a new position in PayPal in the 3rd quarter worth approximately $97,794,000. Finally, Arrowstreet Capital Limited Partnership boosted its holdings in PayPal by 45.0% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 3,569,023 shares of the credit services provider’s stock worth $265,250,000 after acquiring an additional 1,107,202 shares during the period. 68.32% of the stock is owned by hedge funds and other institutional investors.

PayPal Company Profile

(Get Free Report)

PayPal Holdings, Inc operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. It operates a two-sided network at scale that connects merchants and consumers that enables its customers to connect, transact, and send and receive payments through online and in person, as well as transfer and withdraw funds using various funding sources, such as bank accounts, PayPal or Venmo account balance, PayPal and Venmo branded credit products comprising its installment products, credit and debit cards, and cryptocurrencies, as well as other stored value products, including gift cards and eligible rewards.

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