Media coverage about Paypal (NASDAQ:PYPL) has trended somewhat positive this week, according to Accern. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Paypal earned a news impact score of 0.12 on Accern’s scale. Accern also gave news headlines about the credit services provider an impact score of 44.7546811636975 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the news headlines that may have effected Accern’s scoring:
Shares of Paypal (PYPL) traded up $1.97 on Friday, hitting $78.70. The company had a trading volume of 11,820,000 shares, compared to its average volume of 9,250,000. Paypal has a one year low of $39.02 and a one year high of $79.39. The company has a market capitalization of $94,590.00 and a price-to-earnings ratio of 61.48.
Paypal (NASDAQ:PYPL) last released its earnings results on Thursday, October 19th. The credit services provider reported $0.46 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.43 by $0.03. The company had revenue of $3.24 billion for the quarter, compared to the consensus estimate of $3.18 billion. Paypal had a return on equity of 11.33% and a net margin of 12.69%. Paypal’s quarterly revenue was up 21.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.35 earnings per share. research analysts forecast that Paypal will post 1.37 EPS for the current year.
A number of research analysts have recently commented on the company. Mizuho restated a “hold” rating and issued a $75.00 target price on shares of Paypal in a research note on Thursday. Susquehanna Bancshares restated a “positive” rating and issued a $75.00 target price (up previously from $67.00) on shares of Paypal in a research note on Friday, September 29th. Vetr cut Paypal from a “strong-buy” rating to a “buy” rating and set a $81.80 target price for the company. in a research note on Tuesday, January 2nd. Sanford C. Bernstein restated an “outperform” rating and issued a $66.00 target price on shares of Paypal in a research note on Wednesday, September 27th. Finally, Robert W. Baird restated a “buy” rating and issued a $65.00 target price on shares of Paypal in a research note on Friday, September 29th. Ten analysts have rated the stock with a hold rating and thirty-five have given a buy rating to the stock. Paypal currently has a consensus rating of “Buy” and an average price target of $74.65.
In related news, Director Rodney C. Adkins bought 6,750 shares of the stock in a transaction that occurred on Friday, December 8th. The shares were bought at an average cost of $74.04 per share, for a total transaction of $499,770.00. Following the completion of the transaction, the director now owns 10,149 shares of the company’s stock, valued at $751,431.96. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 6.00% of the stock is currently owned by insiders.
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Paypal Company Profile
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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