PayPal Holdings Inc (NASDAQ: PYPL): Think Like A Lender, Not An Investor

PayPal Holdings Inc (NASDAQ:PYPL) currently has a daily average trading volume of 12.16M but it saw 8061222 shares traded in last market. With a market cap of 79.17B USD, the company’s current market price of $77.44 came falling about -0.04 while comparing to the previous closing price of $77.47. In past 52 weeks, the stock remained buoying in the range of price level as high as $80.63 and as low as $50.25. In the recent trading on the day, stock has struck highest price mark of $76.18 while lowest mark touched by it was $77.77.

Taking a look at 20-day trading activity of PayPal Holdings Inc (PYPL) gives us an average price of $74.17, while its current price level is -3.96% below from 52-week high level whereas it is 54.11% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $69.58 while that of 200 days or SMA-200 reads an average of $64.04. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.70% during that period while stretching the period over a month that increases to 2.80%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 62.49 which implies that the stock is in neutral territory.

Daiwa Securities upgraded its recommendation for the stock as a “Outperform” from “Neutral” on August 09, 2024 while assigning a price target range of $68-$72. Bernstein issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $71 and $78.

Over the week, PYPL’s stock price is moving 0.10% up while it is 7.56% when we observe its performance for the past one month. Year-to-date it is 26.10% up and over the past year, the stock is showing an upside performance of 32.24%.

Currently, PayPal Holdings Inc’s total number of outstanding shares is 1.07B. Company’s return on investment (ROI) stands at 14.32% and return on equity (ROE) at 22.03%. It has a price to earnings ratio (P/E ratio) of 18.76 while having a 16.08 of forward P/E ratio. Stock’s beta reads 1.44. Stock has a price to book (P/B) ratio of 3.88 while price to sale or P/S ratio amounts to 2.55. Its return on asset (ROA) is 5.60% on average.