Updates On Pypl Stock News

PayPal Holdings, Inc. operates as a technology platform and digital payments 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 iZettle products. The company’s Payments Platform allows consumers to send payments, withdraw funds to their bank accounts, and hold balances in their PayPal accounts in various currencies. It also offers gateway services that enable merchants to accept payments online with credit or debit cards. PayPal Holdings, Inc. was founded in 1998 and is headquartered in San Jose, California.

PayPal Holdings Inc nasdaq pypl at https://www.webull.com/quote/nasdaq-pypl issued its quarterly earnings data on Thursday, January, 30th. The credit services provider reported $0.86 EPS for the quarter, topping the consensus estimate of $0.83 by $0.03. The credit services provider had revenue of $4.96 billion for the quarter, compared to the consensus estimate of $4.94 billion. PayPal had a net margin of 13.84% and a return on equity of 17.33%. PayPal revenue was up 17.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.69 earnings per share. One share of PYPL stock can currently be purchased for approximately $93.48.

PYPL stock

31 equities research analysts have issued twelve-month target prices for PayPal stock. Their forecasts range from $100.00 to $153.00. On average, they anticipate the PayPal stock price to reach $127.83 in the next twelve months. This suggests a possible upside of 36.7% from the stock’s current price. Headlines about pypl stocknews have been trending somewhat negative recently, Info Trie reports. Info Trie ranks the sentiment of news coverage by reviewing more than six thousand blogs and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. PayPal earned a daily sentiment score of -1.0 on Info Trie’s scale. They also gave headlines about the credit services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to affect the stock’s share price shortly.

PayPal saw an increase in short interest in March. As of March 13th, there was short interest totaling 16,121,400 shares, an increase of 30.2% from the February 27th total of 12,380,000 shares. Based on an average trading volume of 10,464,000 shares, the days-to-cover ratio is presently 1.5 days. Approximately 1.5% of the shares of the stock are sold short. You can also gain Nysearca sdow news at https://www.webull.com/quote/nysearca-sdow .

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