Brokerages Expect PayPal (PYPL) to Post $0.54 EPS

Equities analysts expect PayPal (NASDAQ:PYPL) to announce earnings per share (EPS) of $0.54 for the current quarter, Zacks Investment Research reports. Eleven analysts have made estimates for PayPal’s earnings, with the lowest EPS estimate coming in at $0.53 and the highest estimate coming in at $0.57. PayPal reported earnings of $0.44 per share in the same quarter last year, which would suggest a positive year-over-year growth rate of 22.7%. The firm is scheduled to report its next earnings results after the market closes on Wednesday, April 25th.

On average, analysts expect that PayPal will report full year earnings of $2.29 per share for the current year, with EPS estimates ranging from $2.20 to $2.35. For the next financial year, analysts anticipate that the firm will post earnings of $2.77 per share, with EPS estimates ranging from $2.64 to $2.94. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side analysts that that provide coverage for PayPal.

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PayPal (NASDAQ:PYPL) last released its earnings results on Wednesday, January 31st. The credit services provider reported $0.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.52 by $0.03. The firm had revenue of $3.74 billion for the quarter, compared to the consensus estimate of $3.64 billion. PayPal had a return on equity of 11.59% and a net margin of 13.71%. The firm’s revenue was up 25.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.42 EPS.

A number of research firms have weighed in on PYPL. BidaskClub upgraded shares of PayPal from a “buy” rating to a “strong-buy” rating in a report on Wednesday, January 10th. Zacks Investment Research cut shares of PayPal from a “buy” rating to a “hold” rating in a research report on Monday, February 5th. BMO Capital Markets lifted their price objective on shares of PayPal from $85.00 to $89.00 and gave the stock a “buy” rating in a research report on Thursday, February 1st. Credit Suisse Group decreased their price objective on shares of PayPal from $91.00 to $88.00 and set an “outperform” rating for the company in a research report on Wednesday, February 14th. Finally, Stifel Nicolaus lifted their price objective on shares of PayPal from $77.00 to $79.00 and gave the stock a “hold” rating in a research report on Thursday, February 1st. Ten research analysts have rated the stock with a hold rating, thirty-three have issued a buy rating and one has issued a strong buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $77.71.

PYPL traded down $0.19 during trading on Monday, reaching $77.27. The company’s stock had a trading volume of 5,733,840 shares, compared to its average volume of 8,134,812. PayPal has a 1 year low of $42.60 and a 1 year high of $86.32. The firm has a market capitalization of $92,964.40, a price-to-earnings ratio of 55.59, a price-to-earnings-growth ratio of 2.56 and a beta of 1.28.

In other PayPal news, CAO Aaron Anderson sold 3,843 shares of the company’s stock in a transaction dated Friday, February 16th. The shares were sold at an average price of $77.98, for a total value of $299,677.14. Following the sale, the chief accounting officer now owns 17,561 shares of the company’s stock, valued at $1,369,406.78. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Daniel H. Schulman sold 26,000 shares of the company’s stock in a transaction dated Thursday, March 29th. The shares were sold at an average price of $75.90, for a total transaction of $1,973,400.00. Following the completion of the sale, the insider now directly owns 346,300 shares in the company, valued at approximately $26,284,170. The disclosure for this sale can be found here. Insiders have sold 222,413 shares of company stock worth $17,321,428 over the last 90 days. 6.00% of the stock is currently owned by company insiders.

Several hedge funds and other institutional investors have recently made changes to their positions in PYPL. Arcadia Investment Management Corp MI boosted its position in PayPal by 230.4% in the fourth quarter. Arcadia Investment Management Corp MI now owns 1,434 shares of the credit services provider’s stock worth $106,000 after purchasing an additional 1,000 shares during the last quarter. Truewealth LLC bought a new stake in shares of PayPal in the 4th quarter worth $106,000. Front Row Advisors LLC bought a new stake in shares of PayPal in the 4th quarter worth $111,000. Risk Paradigm Group LLC increased its holdings in shares of PayPal by 282.5% in the 4th quarter. Risk Paradigm Group LLC now owns 1,530 shares of the credit services provider’s stock worth $113,000 after purchasing an additional 1,130 shares in the last quarter. Finally, D Orazio & Associates Inc. increased its holdings in shares of PayPal by 142.9% in the 4th quarter. D Orazio & Associates Inc. now owns 1,700 shares of the credit services provider’s stock worth $125,000 after purchasing an additional 1,000 shares in the last quarter. 80.59% of the stock is currently owned by institutional investors.

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PayPal Company Profile

PayPal Holdings, Inc operates as a technology platform company that enables digital and mobile payments on behalf of consumers and merchants worldwide. Its payment solutions include PayPal, PayPal Credit, Braintree, Venmo, Xoom, and Paydiant products. The company's platform allows consumers to shop by sending payments, withdraw funds to their bank accounts, and hold balances in their PayPal accounts in various currencies.

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Earnings History and Estimates for PayPal (NASDAQ:PYPL)

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