Timber Hill LLC Buys New Holdings in Paypal Holdings Inc (NASDAQ:PYPL)

The lowest EPS estimate is $0.50 and the highest is $0.57. During the same quarter in the prior year, the business earned $0.42 earnings per share. (NASDAQ:PYPL) to report earnings on April, 25. During the same period last year, the firm posted $0.42 EPS. equities analysts expect that Paypal Holdings Inc will post 1.75 earnings per share for the current year.

A number of research analysts recently issued reports on PYPL shares.

(NASDAQ:PYPL) on Wednesday, January 31 with "Hold" rating. The credit services provider reported $0.55 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.52 by $0.03. PayPal Holdings, Inc. (NASDAQ:PYPL) has risen 31.18% since March 11, 2017 and is uptrending. The firm had revenue of $3.74 billion during the quarter, compared to analysts' expectations of $3.64 billion. The business's quarterly revenue was up 25.6% compared to the same quarter previous year. PayPal Holdings Inc had 190 analyst reports since July 23, 2015 according to SRatingsIntel. Vetr raised shares of Paypal from a "hold" rating to a "buy" rating and set a $86.65 price target on the stock in a report on Thursday, February 1st. Finally, Citigroup reaffirmed a "buy" rating and issued a $90.00 target price on shares of Paypal in a research report on Thursday, February 1st. Argus increased their price objective on Paypal from $80.00 to $87.00 and gave the stock a "buy" rating in a report on Friday, November 17th. Finally, Zacks Investment Research raised Paypal from a "hold" rating to a "buy" rating and set a $84.00 target price on the stock in a report on Wednesday, December 20th. Nine analysts have rated the stock with a hold rating, thirty-four have issued a buy rating and one has assigned a strong buy rating to the company's stock. The price target set for the stock is $125.16 and this sets up an interesting set of potential movement for the stock.

Paypal (NASDAQ:PYPL) traded up $1.99 during mid-day trading on Friday, reaching $79.69. The stock had a trading volume of 6,402,337 shares, compared to its average volume of 11,280,000. Paypal Holdings Inc has a fifty-two week low of $41.74 and a fifty-two week high of $86.32. As the current market price of the stock is $79.73 and diluted EPS for the trailing twelve month is 1.62, the P/E ratio for the stock comes out as 49.24.

In related news, COO William J. Ready sold 60,000 shares of Paypal stock in a transaction that occurred on Friday, February 2nd. The stock was sold at an average price of $77.68, for a total transaction of $3,959,893.36. Following the completion of the transaction, the chief financial officer now owns 114,020 shares of the company's stock, valued at $8,857,073.60. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Aaron Anderson sold 3,843 shares of Paypal stock in a transaction that occurred on Friday, February 16th. The shares were acquired at an average cost of $74.04 per share, with a total value of $499,770.00. Following the transaction, the chief accounting officer now directly owns 17,561 shares in the company, valued at $1,369,406.78. The disclosure for this purchase can be found here. Over the last three months, insiders have sold 196,413 shares of company stock valued at $15,348,028.

Now investors want to know the actual market worth of the company in the Stock Market.

A number of other large investors have also recently added to or reduced their stakes in PYPL. Harrington Investments INC acquired a new stake in Paypal during the third quarter valued at $2,346,000. The institutional investor owned 4,381 shares of the credit services provider's stock after acquiring an additional 826 shares during the quarter. San Francisco Sentry Investment Group CA now owns 1,562 shares of the credit services provider's stock worth $100,000 after buying an additional 1,217 shares during the last quarter. Rhumbline Advisers raised its stake in Paypal by 1.2% during the third quarter. Rhumbline Advisers now owns 1,871,868 shares of the credit services provider's stock worth $119,856,000 after acquiring an additional 21,337 shares in the last quarter. Teacher Retirement System of Texas raised its stake in Paypal by 19.9% during the third quarter. Insiders own 6.00% of the company's stock. APG Asset Management N.V. now owns 641,293 shares of the credit services provider's stock worth $41,062,000 after purchasing an additional 30,300 shares during the period.

ILLEGAL ACTIVITY WARNING: This piece was reported by Equities Focus and is owned by of Equities Focus.

PayPal Holdings, Inc is a technology platform and digital payments company that enables digital and mobile payments on behalf of consumers and merchants.

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