Paypal Holdings Inc (PYPL) Updates FY17 Earnings Guidance

Paypal Holdings Inc (PYPL) Updates FY17 Earnings Guidance

In the liquidity ratio analysis; quick ratio for most recent quarter was 1.50 while current ratio for time period was 1.50. These analysts have also projected a Low Estimate of $0.4/share and a High Estimate of $0.42/share.

The company has a current ratio of 1.5 gauging towards its ability in paying short-term and long-term obligations. On Friday, May 27 the stock rating was initiated by Needham with "Hold". Edgewood Management LLC raised its position in Paypal Holdings by 0.7% in the fourth quarter. West Oak Capital LLC now owns 2,850 shares of the credit services provider's stock worth $123,000 after buying an additional 550 shares during the period.

On Tuesday, Shares of Paypal Holdings Inc (NASDAQ:PYPL) gained 0.99% to $44.71. About 984,995 shares traded.

The company reported an impressive total revenue of 10.84 Billion in the last fiscal year. The 52-Week High shows -1.59% with a 52-Week Low of 28.85%. (PYPL)'s latest closing price distance was 10.57% from the average-price of 200 days while it maintained a distance from the 50 Day Moving Average at 4.60% and 3.71% compared with the 20 Day Moving Average. It gives investors a clue on how effective the company is in converting the money it has to invest into net income. This represents an increase of 620% compared to the typical volume of 3,787 put options. (PYPL) in which BMO Capital Initiates Coverage On PayPal Holdings, Inc.

John Horgan appears to concede election to Liberals
Weaver challenged Horgan to explain when he planned to phase the MSP premiums and how he planned to make up the lost revenue. Prince says Horgan has likely been told to tone it down heading into Wednesday's debate and to be clear about his message.

The company's board authorized a $5 billion share buyback program. The company reported revenue of $2.99 Billion in the same period past year. At present, the Gross Margin for PayPal Holdings, Inc.

Geographically, the USA contributed 54% to total revenue, up 2% sequentially and 20% on a year-over-year basis. The Q2 2017 consensus earnings estimates for the company have stabilized at US$0.41 per share. The company's transactions also increased 23% to $1.7 billion and payment transactions per active account increased 12%.

TRADEMARK VIOLATION NOTICE: This article was first reported by Community Financial News and is owned by of Community Financial News. If you are viewing this article on another site, it was illegally copied and republished in violation of United States & global copyright laws. The correct version of this news story can be viewed at https://www.chaffeybreeze.com/2017/04/26/paypal-holdings-inc-pypl-upgraded-to-buy-at-zacks-investment-research-updated-updated.html.

On the ratings front, PYPL has been the subject of a number of recent research reports. For the quarter ending Sep-17, 33 analysts have a mean sales target of 3,110.52 million whilst for the year ending Dec-17, 40 analysts have a mean target of 12,608.50 million. Stifel Nicolaus reissued a buy rating and set a $49.00 price objective on shares of Paypal Holdings in a research report on Sunday.

Will Smith and DJ Jazzy Jeff Reuniting and It Feels So Good
DJ Jazzy Jeff and actor-singer Will Smith will reunite for two-night performance in Europe in August. The 2017 Livewire Festival runs from Friday to Sunday, August 25 to 27, opening with The Jacksons .

The biggest institutional shareholders in PayPal Holdings, Inc. include T. Rowe Price Associates, Inc. which owns 81 million shares in the company valued at $3.18 B million.

PayPal Holdings, Inc. (PYPL) now has a consensus Price Target of $47.47.

Several large investors have recently modified their holdings of the stock. Following the completion of the transaction, the executive vice president now directly owns 39,405 shares of the company's stock, valued at $1,675,500.60. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Company insiders own 7.00% of the company's stock. The disclosure for this sale can be found here. Going forward, the company sees its revenue of $315 - $330 million for the second quarter while analysts look for $315.9 million.

Italian PM rules out nationalisation of Alitalia
Malaysia Airlines wants to lease between six and eight A330s or Boeing 777s for use from 2018 and a further seven to nine for 2019, he said.

Related Articles

  • PlayStation 4 posts strong numbers for Sony

    As Sony's financials only discuss previous and current fiscal years, the reports mention nothing about its 2018 calendar year. According to their financial report , 20 million PS4 units were shipped during their fiscal year of 2017.
    Babangida: US Conspired With 12 Northern Governors To Remove Jonathan

    Babangida: US Conspired With 12 Northern Governors To Remove Jonathan

    I believe it was all about the 2015 election for which the Americans had resolved not to support Jonathan. He added that there will be more books like that on this subject by active participants in the election.

    Hacker threatens to release stolen copies of Orange Is The New Black

    The AP says that the Federal Bureau of Investigation and other agencies are investigating the "active situation". They claim to have access to other Netflix series, as well as shows from other studios.
  • Nadal, Murray into Barcelona quarters

    Standing in between Nadal and a final spot is Horacio Zeballos , who comfortably beat Karen Khachanov 6-4 6-1 in the late game. Directing his attack at the left-hander's two-handed backhand, Murray won four straight points to open the decisive tie break.

    Mourinho tips Manchester City to claim EPL top- four spot

    Rooney added in an interview broadcast on Sky Sports News: "I think that (the speculation) has happened over the last few years". Asked if there had been any other occasions when he had seen Mourinho, Guardiola said it was at least courteous: "No".
    Kobe Bryant Delivers Hilarious Steve Urkel Poem On The Tonight Show

    Kobe Bryant Delivers Hilarious Steve Urkel Poem On The Tonight Show

    But there's a difference between doing what you do versus understanding that's not who you are. He will soon be inducted into the Basketball Hall of Fame in Springfield, Massachusetts.
  • Osinbajo Committee Quizzes Suspended SGF

    Osinbajo Committee Quizzes Suspended SGF

    The Senator Shehu Sani led ad-hoc committee submitted its interim report on the matter in December previous year . The panel is also investigating the suspended, Director-General of the National Intelligence Agency, Ayo Oke .
    Iraqi forces retake town of Hatra southwest of Mosul

    Iraqi forces retake town of Hatra southwest of Mosul

    IS has lost much of the territory it once controlled amid twin offensives in Syria and Iraq, including several ancient sites. Mosul, Iraq's second-largest city, fell to IS in the summer of 2014, along with large swaths of northern and western Iraq.

    How 13 Reasons Why Season 2 Just Got Way More Likely

    In an interview with the outlet, Sacasa remains hopeful that they may find a suitable actor who can fill Butler's shoes. We are truly sad to see Ross Butler go, but if it means a second season for 13 Reasons Why , we will accept.
  • Things we learned from Trump's 100-day interview

    Things we learned from Trump's 100-day interview

    According to Donald Trump, Kim Jong-un took the regime at a very young age and the job gave him a lot to take. Nineteen percent of Trump voters asserted they were undecided in which party they planned to support in 2018.
    Apple in Talks to Launch 'Apple Cash' Money Transfer Service

    Apple in Talks to Launch 'Apple Cash' Money Transfer Service

    Apple Pay started as P2B and now wants to expand to P2P, while Venmo started as P2P and wants to expand to P2B. As the company has already learned with Apple Pay, consumer payment habits, once formed, are hard to change.
    Dortmund down Bayern 3-2 to reach German Cup final

    Dortmund down Bayern 3-2 to reach German Cup final

    Martinez made amends by equalising with a header nine minutes later before Mats Hummels put Bayern 2-1 ahead at half-time. However, Pierre-Emerick Aubameyang leveled matters for Dortmund after 70 minutes after finishing off a well-worked move.