What Next for Paypal Holdings Inc Stock After Today’s Bullish Options Activity?

 What Next for Paypal Holdings Inc Stock After Today's Bullish Options Activity?

In today’s session Paypal Holdings Inc (PYPL) registered an unusually high (3,842) 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 3,842 contracts traded and 56924 open interest for the Jan, 17 contract, it seems this is a quite bullish bet. The option with symbol: PYPL170120C00041000 closed last at: $0.95 or 1% down. About 2.62 million shares traded hands. Paypal Holdings Inc (NASDAQ:PYPL) has declined 1.97% since April 28, 2016 and is downtrending. It has underperformed by 7.90% the S&P500.

Analysts await Paypal Holdings Inc (NASDAQ:PYPL) to report earnings on January, 25. They expect $0.34 EPS, up 6.25% or $0.02 from last year’s $0.32 per share. PYPL’s profit will be $404.03M for 28.31 P/E if the $0.34 EPS becomes a reality. After $0.29 actual EPS reported by Paypal Holdings Inc for the previous quarter, Wall Street now forecasts 17.24% EPS growth.

Paypal Holdings Inc (NASDAQ:PYPL) Ratings Coverage

Out of 35 analysts covering PayPal Holdings Inc (NASDAQ:PYPL), 18 rate it a “Buy”, 3 “Sell”, while 14 “Hold”. This means 51% are positive. $54 is the highest target while $31 is the lowest. The $43.23 average target is 12.29% above today’s ($38.5) stock price. PayPal Holdings Inc has been the topic of 62 analyst reports since July 23, 2015 according to StockzIntelligence Inc. The company was initiated on Friday, May 27 by Needham. The firm earned “Buy” rating on Thursday, September 15 by Craig Hallum. The company was upgraded on Monday, September 21 by Stifel Nicolaus. On Monday, July 27 the stock rating was initiated by First Analysis with “Overweight”. Atlantic Securities initiated the shares of PYPL in a report on Tuesday, March 29 with “Neutral” rating. As per Friday, August 7, the company rating was initiated by Susquehanna. Mizuho maintained the shares of PYPL in a report on Friday, October 21 with “Buy” rating. Credit Agricole initiated the shares of PYPL in a report on Thursday, September 3 with “Underperform” rating. The rating was upgraded by Wedbush on Thursday, January 28 to “Outperform”. Stifel Nicolaus downgraded Paypal Holdings Inc (NASDAQ:PYPL) on Friday, March 18 to “Hold” rating.

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 $45.75 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 34.16 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 notable recent Paypal Holdings Inc (NASDAQ:PYPL) news were published by: Fool.com which released: “Better Buy: PayPal Holdings Inc vs. Discover Financial Services” on November 30, 2016, also Fool.com with their article: “Better Buy: PayPal Holdings, Inc. vs. Square” published on November 13, 2016, Fool.com published: “Better Buy: Square Inc vs. PayPal Holdings Inc” on November 07, 2016. More interesting news about Paypal Holdings Inc (NASDAQ:PYPL) were released by: Investorplace.com and their article: “PayPal Holdings Inc (PYPL) Stock Could Be a Ticking Time Bomb” published on November 16, 2016 as well as Investorplace.com‘s news article titled: “Paypal Holdings Inc (PYPL) Stock Has All the Right Moves” with publication date: November 14, 2016.

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