Paypal (PYPL) to Release Quarterly Earnings on Wednesday
Paypal (NASDAQ:PYPL) is scheduled to be issuing its quarterly earnings data before the market opens on Wednesday, January 24th. Analysts expect the company to announce earnings of $0.52 per share for the quarter.
Shares of Paypal (PYPL) opened at $83.84 on Monday. The firm has a market capitalization of $100,770.00 and a P/E ratio of 65.50. Paypal has a 1 year low of $39.02 and a 1 year high of $84.19.
PYPL has been the topic of a number of research reports. Credit Suisse Group reiterated an “outperform” rating and set a $70.00 price target (up from $63.00) on shares of Paypal in a research report on Tuesday, October 10th. BTIG Research reiterated a “buy” rating and set a $81.00 price target on shares of Paypal in a research report on Sunday, November 19th. Vetr upgraded Paypal from a “hold” rating to a “buy” rating and set a $80.21 price target on the stock in a research report on Wednesday, November 29th. Robert W. Baird increased their price target on Paypal from $80.00 to $85.00 and gave the stock an “outperform” rating in a research report on Thursday, November 16th. Finally, Zacks Investment Research upgraded Paypal from a “hold” rating to a “buy” rating and set a $84.00 price target on the stock in a research report on Wednesday, December 20th. Ten research analysts have rated the stock with a hold rating, thirty-three have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $76.55.
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PayPal Holdings, Inc is a technology platform and digital payments company that enables digital and mobile payments on behalf of consumers and merchants. The Company’s combined payment solutions, including its PayPal, PayPal Credit, Braintree, Venmo, Xoom and Paydiant products, compose its Payments Platform.
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