Paypal Holdings Inc’s Stock Is Buy After Today’s Bullish Options Activity

 Paypal Holdings Inc's Stock Is Buy After Today's Bullish Options Activity

In today’s session Paypal Holdings Inc (PYPL) registered an unusually high (2,226) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2017 call, expecting serious PYPL increase. With 2,226 contracts traded and 47954 open interest for the Jan, 17 contract, it seems this is a quite bullish bet. The option with symbol: PYPL170120C00042000 closed last at: $1.05 or 13.2% down. About 1.97 million shares traded hands. Paypal Holdings Inc (NASDAQ:PYPL) has declined 0.36% since March 14, 2016 and is downtrending. It has underperformed by 5.97% the S&P500.

Analysts await Paypal Holdings Inc (NASDAQ:PYPL) to report earnings on October, 26. They expect $0.27 EPS, up 3.85% or $0.01 from last year’s $0.26 per share. PYPL’s profit will be $326.18 million for 36.44 P/E if the $0.27 EPS becomes a reality. After $0.30 actual EPS 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 59 analyst reports since July 23, 2015 according to StockzIntelligence Inc. The company was initiated on Tuesday, September 8 by B. Riley & Co. The firm has “Neutral” rating given on Wednesday, January 13 by Mizuho. Barclays Capital maintained the shares of PYPL in a report on Friday, October 14 with “Overweight” rating. Susquehanna initiated the stock with “Positive” rating in Friday, August 7 report. The stock of Paypal Holdings Inc (NASDAQ:PYPL) earned “Hold” rating by Stifel Nicolaus on Friday, March 18. The rating was downgraded by Monness Crespi & Hardt to “Sell” on Monday, January 4. The firm earned “Positive” rating on Tuesday, August 18 by Susquehanna. On Thursday, September 3 the stock rating was initiated by Credit Agricole with “Underperform”. RBC Capital Markets maintained Paypal Holdings Inc (NASDAQ:PYPL) rating on Thursday, April 28. RBC Capital Markets has “Outperform” rating and $46 price target. The rating was initiated by Pacific Crest with “Sector Perform” on Friday, October 2.

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 $47.55 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 35.58 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 news for Paypal Holdings Inc (NASDAQ:PYPL) were recently published by: Fool.com, which released: “Why PayPal Holdings Inc. Stock Jumped 10.3% in September” on October 11, 2016. Profitconfidential.com‘s article titled: “PayPal Holdings Inc: These Triggers Could Send PYPL Stock Skyrocketing” and published on September 25, 2016 is yet another important article.

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