Somewhat Favorable Press Coverage Somewhat Unlikely to Affect PayPal (PYPL) Stock Price

Media stories about PayPal (NASDAQ:PYPL) have been trending somewhat positive on Wednesday, according to Accern Sentiment Analysis. The research firm identifies positive and negative media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. PayPal earned a coverage optimism score of 0.04 on Accern’s scale. Accern also gave media headlines about the credit services provider an impact score of 46.1493171341422 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

Here are some of the media headlines that may have impacted Accern Sentiment’s analysis:

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Several analysts recently weighed in on PYPL shares. Citigroup restated a “buy” rating and set a $90.00 price target on shares of PayPal in a report on Thursday, February 1st. Cantor Fitzgerald restated a “buy” rating and set a $85.00 price target on shares of PayPal in a report on Thursday, February 1st. Guggenheim restated a “buy” rating on shares of PayPal in a report on Thursday, February 1st. BMO Capital Markets increased their price target on PayPal from $85.00 to $89.00 and gave the company a “buy” rating in a report on Thursday, February 1st. Finally, Jefferies Group upped their price objective on PayPal from $86.00 to $95.00 and gave the company a “buy” rating in a research report on Thursday, January 18th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating, thirty-three have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $78.28.



Shares of NASDAQ PYPL traded down $1.28 during mid-day trading on Wednesday, reaching $74.00. 10,778,386 shares of the company were exchanged, compared to its average volume of 9,373,910. The stock has a market capitalization of $92,849.43, a P/E ratio of 53.24, a price-to-earnings-growth ratio of 2.58 and a beta of 1.28. PayPal has a 1 year low of $44.25 and a 1 year high of $86.32.

PayPal (NASDAQ:PYPL) last issued its quarterly earnings data on Tuesday, April 24th. The credit services provider reported $0.57 earnings per share for the quarter, topping analysts’ consensus estimates of $0.54 by $0.03. The firm had revenue of $3.69 billion during the quarter, compared to analysts’ expectations of $3.59 billion. PayPal had a return on equity of 11.59% and a net margin of 13.71%. The firm’s quarterly revenue was up 23.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.44 EPS. analysts predict that PayPal will post 1.73 EPS for the current year.

In other PayPal news, COO William J. Ready sold 60,000 shares of the stock in a transaction dated Friday, February 2nd. The stock was sold at an average price of $77.68, for a total value of $4,660,800.00. Following the completion of the sale, the chief operating officer now directly owns 95,944 shares in the company, valued at $7,452,929.92. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director David M. Moffett sold 3,808 shares of the stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $77.86, for a total value of $296,490.88. Following the completion of the sale, the director now owns 66,320 shares of the company’s stock, valued at $5,163,675.20. The disclosure for this sale can be found here. Insiders have sold a total of 222,413 shares of company stock valued at $17,321,428 over the last 90 days. 6.00% of the stock is currently owned by company insiders.

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PayPal Company Profile

PayPal Holdings, Inc operates as a technology platform company that enables digital and mobile payments on behalf of consumers and merchants worldwide. Its payment solutions include PayPal, PayPal Credit, Braintree, Venmo, Xoom, and Paydiant products. The company's platform allows consumers to shop by sending payments, withdraw funds to their bank accounts, and hold balances in their PayPal accounts in various currencies.

Insider Buying and Selling by Quarter for PayPal (NASDAQ:PYPL)

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