How Analysts Feel About Paypal Holdings Inc After Today’s Bearish Options Activity?

 How Analysts Feel About Paypal Holdings Inc After Today's Bearish Options Activity?

In today’s session Paypal Holdings Inc (PYPL) recorded an unusually high (137) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the November, 2016 put, expecting serious PYPL decrease. With 137 contracts traded and 1744 open interest for the Nov, 16 contract, it seems this is a quite bearish bet. The option with symbol: PYPL161118P00042000 closed last at: $2.47 or 10.8% up. About 2.38M shares traded hands. Paypal Holdings Inc (NASDAQ:PYPL) has risen 4.14% since March 2, 2016 and is uptrending. It has underperformed by 4.12% the S&P500.

Analysts await Paypal Holdings Inc (NASDAQ:PYPL) to report earnings on October, 26. They expect $0.27 earnings per share, up 3.85% or $0.01 from last year’s $0.26 per share. PYPL’s profit will be $327.38M for 37.86 P/E if the $0.27 EPS becomes a reality. After $0.30 actual earnings per share reported by Paypal Holdings Inc for the previous quarter, Wall Street now forecasts -10.00% negative EPS growth.

Paypal Holdings Inc (NASDAQ:PYPL) Ratings Coverage

Out of 35 analysts covering PayPal Holdings Inc (NASDAQ:PYPL), 16 rate it a “Buy”, 4 “Sell”, while 15 “Hold”. This means 46% are positive. PayPal Holdings Inc has been the topic of 58 analyst reports since July 23, 2015 according to StockzIntelligence Inc. On Thursday, April 28 the stock rating was maintained by Mizuho with “Buy”. The firm has “Hold” rating by Axiom Capital given on Thursday, September 17. The firm has “Buy” rating by Citigroup given on Friday, July 22. As per Tuesday, July 21, the company rating was initiated by RBC Capital Markets. B. Riley & Co initiated Paypal Holdings Inc (NASDAQ:PYPL) rating on Tuesday, September 8. B. Riley & Co has “Neutral” rating and $40 price target. The stock of Paypal Holdings Inc (NASDAQ:PYPL) has “Neutral” rating given on Thursday, April 28 by UBS. As per Friday, July 8, the company rating was initiated by Stephens. Credit Agricole initiated the stock with “Underperform” rating in Thursday, September 3 report. On Wednesday, March 30 the stock rating was initiated by Bernstein with “Market Perform”. The stock of Paypal Holdings Inc (NASDAQ:PYPL) earned “Hold” rating by Stifel Nicolaus on Tuesday, July 21.

According to Zacks Investment Research, “PayPal Holdings, Inc. is a technology platform company. The Company offers online payment solution which allows customers to pay and get paid, withdraw funds to their bank accounts and hold balances in their PayPal accounts in various currencies. It payment platform includes PayPal, PayPal Credit, Venmo and Braintree products. PayPal Holdings, Inc. is based in San Jose, California.”

PayPal Holdings, Inc. is a technology platform firm that enables digital and mobile payments on behalf of clients and merchants across the world. The company has a market cap of $49.58 billion. The Firm allows businesses of all sizes to accept payments from merchant Websites, mobile devices and applications, and at offline retail locations through a range of payment solutions. It has a 36.96 P/E ratio. The Company’s combined payment solution capabilities, including its PayPal, PayPal Credit, Braintree, Venmo and Xoom products, comprise its Payments Platform.

PYPL Company Profile

PayPal Holdings, Inc. (PayPal), incorporated on January 30, 2015, is a technology platform firm that enables digital and mobile payments on behalf of clients and merchants across the world. The Firm allows businesses of all sizes to accept payments from merchant Websites, mobile devices and applications, and at offline retail locations through a range of payment solutions. The Company’s combined payment solution capabilities, including its PayPal, PayPal Credit, Braintree, Venmo, and Xoom products, comprise its Payments Platform. It allows its clients to use their account to both purchase and be paid for goods, as well as transfer and withdraw funds. A consumer can typically fund a purchase using a bank account, a PayPal account balance, a PayPal Credit account, a credit or debit card or other stored value products, such as coupons and gift cards. PayPal, Venmo, and Xoom products allow friends and family to transfer funds to each other, including cross border transfers using several of these funding sources. It offers merchants an end-to-end payments solution that provides authorization and settlement capabilities, as well as access to funds. It helps merchants connect with their clients and manage risk. The Payments Platform connects with financial institutions around the world and allows clients to make purchases using a range of payment methods, regardless of where a merchant is located. Consumers using its Payments Platform can engage in cross-border shopping by sending payments in over 200 markets across the world and in over 100 currencies.

More important recent Paypal Holdings Inc (NASDAQ:PYPL) news were published by: Investorplace.com which released: “PayPal Holdings Inc (PYPL) Is on the Rise — Pay Smartly to Cash In” on September 29, 2016, also Profitconfidential.com published article titled: “PayPal Holdings Inc: These Triggers Could Send PYPL Stock Skyrocketing”, Profitconfidential.com published: “Paypal Holdings Inc: PYPL Stock Is Setting Up to Test the All-Time High” on September 10, 2016. More interesting news about Paypal Holdings Inc (NASDAQ:PYPL) was released by: Investorplace.com and their article: “PayPal Holdings Inc: PYPL Stock Is Moving Past This Rut” with publication date: September 07, 2016.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Tags: , ,

Related posts

Leave a Comment