The stock of PayPal Holdings Inc (PYPL) has gone down by -3.53% for the week, with a -4.21% drop in the past month and a -5.33% drop in the past quarter. The volatility ratio for the week is 2.47%, and the volatility levels for the past 30 days are 2.48% for PYPL. The simple moving average for the last 20 days is -4.42% for PYPL’s stock, with a simple moving average of 1.37% for the last 200 days.
Is It Worth Investing in PayPal Holdings Inc (NASDAQ: PYPL) Right Now?
PayPal Holdings Inc (NASDAQ: PYPL) has a higher price-to-earnings ratio of 16.20x compared to its average ratio. PYPL has 36-month beta value of 1.44. Analysts have mixed views on the stock, with 18 analysts rating it as a “buy,” 14 as “overweight,” 12 as “hold,” and 0 as “sell.”
The public float for PYPL is 1.04B, and currently, short sellers hold a 2.10% ratio of that float. The average trading volume of PYPL on April 22, 2024 was 16.51M shares.
PYPL) stock’s latest price update
The stock price of PayPal Holdings Inc (NASDAQ: PYPL) has jumped by 0.34 compared to previous close of 62.10. Despite this, the company has seen a fall of -3.53% in its stock price over the last five trading days. The Motley Fool reported 2024-04-21 that PayPal faces intense competition in both the merchant and consumer parts of the payments industry. Investors should watch how the new leadership team handles capital allocation decisions.
Analysts’ Opinion of PYPL
Many brokerage firms have already submitted their reports for PYPL stocks, with Daiwa Securities repeating the rating for PYPL by listing it as a “Neutral.” The predicted price for PYPL in the upcoming period, according to Daiwa Securities is $62 based on the research report published on February 13, 2024 of the current year 2024.
DZ Bank, on the other hand, stated in their research note that they expect to see PYPL reach a price target of $60. The rating they have provided for PYPL stocks is “Hold” according to the report published on February 09th, 2024.
PYPL Trading at 0.28% from the 50-Day Moving Average
After a stumble in the market that brought PYPL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -18.59% of loss for the given period.
Volatility was left at 2.48%, however, over the last 30 days, the volatility rate increased by 2.47%, as shares sank -5.79% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.47% lower at present.
During the last 5 trading sessions, PYPL fell by -3.53%, which changed the moving average for the period of 200-days by -9.50% in comparison to the 20-day moving average, which settled at $65.00. In addition, PayPal Holdings Inc saw 1.47% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at PYPL starting from Keller Frank, who sale 7,686 shares at the price of $60.64 back on Mar 01 ’24. After this action, Keller Frank now owns 23,430 shares of PayPal Holdings Inc, valued at $466,077 using the latest closing price.
Alford Peggy, the EVP, Global Sales of PayPal Holdings Inc, sale 15,000 shares at $56.76 during a trade that took place back on Nov 27 ’23, which means that Alford Peggy is holding 40,601 shares at $851,428 based on the most recent closing price.
Stock Fundamentals for PYPL
Current profitability levels for the company are sitting at:
- 0.17 for the present operating margin
- 0.46 for the gross margin
The net margin for PayPal Holdings Inc stands at 0.14. The total capital return value is set at 0.15. Equity return is now at value 20.55, with 5.28 for asset returns.
Based on PayPal Holdings Inc (PYPL), the company’s capital structure generated 0.34 points at debt to capital in total, while cash flow to debt ratio is standing at 0.44. The debt to equity ratio resting at 0.53. The interest coverage ratio of the stock is 14.49.
Currently, EBITDA for the company is 6.54 billion with net debt to EBITDA at 0.09. When we switch over and look at the enterprise to sales, we see a ratio of 2.22. The receivables turnover for the company is 0.65for trailing twelve months and the total asset turnover is 0.36. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.29.
Conclusion
To put it simply, PayPal Holdings Inc (PYPL) has had a bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
