PayPal (NASDAQ:PYPL) Earns “Hold” Rating from KeyCorp

PayPal (NASDAQ:PYPL)‘s stock had its “hold” rating reiterated by KeyCorp in a research note issued on Wednesday, MarketBeat.com reports.

Several other brokerages have also issued reports on PYPL. Piper Sandler set a $74.00 price target on PayPal in a research note on Tuesday, July 29th. Citigroup restated a “buy” rating on shares of PayPal in a research note on Tuesday, July 29th. The Goldman Sachs Group set a $70.00 price target on PayPal and gave the company a “sell” rating in a research note on Monday, October 13th. Wells Fargo & Company initiated coverage on PayPal in a research note on Tuesday. They set an “equal weight” rating and a $74.00 price target on the stock. Finally, Weiss Ratings restated a “hold (c)” rating on shares of PayPal in a research note on Wednesday, October 8th. Fifteen investment analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $82.57.

PayPal Trading Up 2.3%

PayPal stock opened at $69.66 on Wednesday. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.33 and a current ratio of 1.33. The business’s 50-day simple moving average is $68.93 and its 200-day simple moving average is $69.66. The firm has a market capitalization of $66.55 billion, a PE ratio of 14.88, a PEG ratio of 1.05 and a beta of 1.44. PayPal has a 52 week low of $55.85 and a 52 week high of $93.66.

PayPal (NASDAQ:PYPL) last posted its quarterly earnings data on Tuesday, July 29th. The credit services provider reported $1.40 EPS for the quarter, topping analysts’ consensus estimates of $1.30 by $0.10. The business had revenue of $8.29 billion for the quarter, compared to analyst estimates of $8.08 billion. PayPal had a return on equity of 25.35% and a net margin of 14.49%.During the same period in the previous year, the company posted $1.19 earnings per share. PayPal has set its Q3 2025 guidance at 1.180-1.220 EPS. FY 2025 guidance at 5.150-5.300 EPS. Equities research analysts forecast that PayPal will post 5.03 earnings per share for the current year.

Insider Transactions at PayPal

In other news, CAO Chris Natali sold 7,102 shares of the stock in a transaction that occurred on Thursday, July 31st. The stock was sold at an average price of $69.35, for a total value of $492,523.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Suzan Kereere sold 4,162 shares of the stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $69.39, for a total value of $288,801.18. Following the completion of the transaction, the insider directly owned 48,483 shares of the company’s stock, valued at approximately $3,364,235.37. The trade was a 7.91% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 15,102 shares of company stock valued at $1,046,607. Corporate insiders own 0.08% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of PYPL. Evermay Wealth Management LLC boosted its holdings in shares of PayPal by 726.0% in the 1st quarter. Evermay Wealth Management LLC now owns 413 shares of the credit services provider’s stock worth $27,000 after acquiring an additional 363 shares in the last quarter. Hilltop National Bank acquired a new position in shares of PayPal in the 2nd quarter worth approximately $27,000. Tsfg LLC boosted its holdings in shares of PayPal by 81.6% in the 1st quarter. Tsfg LLC now owns 445 shares of the credit services provider’s stock worth $29,000 after acquiring an additional 200 shares in the last quarter. MUFG Securities EMEA plc boosted its holdings in shares of PayPal by 100.4% in the 2nd quarter. MUFG Securities EMEA plc now owns 385 shares of the credit services provider’s stock worth $29,000 after acquiring an additional 87,524 shares in the last quarter. Finally, Gordian Capital Singapore Pte Ltd boosted its holdings in shares of PayPal by 41.2% in the 1st quarter. Gordian Capital Singapore Pte Ltd now owns 473 shares of the credit services provider’s stock worth $31,000 after acquiring an additional 138 shares in the last quarter. 68.32% of the stock is owned by institutional investors and hedge funds.

About PayPal

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.