|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||81.61 - 83.44|
|52-week range||39.02 - 83.44|
|PE ratio (TTM)||64.80|
|Earnings date||31 Jan 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||83.76|
PayPal will gain from a strengthening U.S. economy, says one analyst who hiked his price target on the company.
While PayPal (PYPL) has talked about its customer acquisition rate gaining momentum after it decided to partner with card companies Visa (V) and MasterCard (MA), this boost may just be a beneficial side effect of the partnerships. PayPal went into partnership with Visa and MasterCard with specific goals in mind, namely to enable customers to pay any way they want. At the Credit Suisse 21st Annual Technology, Media & Telecom Conference, PayPal CFO (chief financial officer) John Rainey said, “What the network agreements did for us, though, was fundamentally, they’re all about providing our customers choice to allow them the way they – to transact however they want,” adding that “if they want to use a Visa card or a MasterCard or a particular issuer card, they can do that.
Shares of PayPal Holdings Inc. were little changed in premarket trading Wednesday after Jefferies analyst Ramsey El-Assal raised his price target on the stock to $95, a new Street high. He's upbeat about ...
PayPal’s (PYPL) sale of its ~$6.0 billion consumer loan portfolio to Synchrony Financial (SYF) doesn’t mean that it is exiting the credit business. PayPal made it clear in its announcement that although Synchrony was purchasing its US (SPY) consumer loan business, it expects to remain in the credit business through its international operations.
In 2016, PayPal (PYPL) showed a shift in strategy when it decided to partner with MasterCard (MA) and Visa (V) rather than continuing to compete with them. Commenting on the deals a few months later at the WSJDLive conference in Laguna Beach, California, PayPal CEO Dan Schulman stated that “we think we can be great allies…to advance the cause of digital payments,” according to The Wall Street Journal. A year after the card network deals, at the Credit Suisse 21st Annual Technology, Media & Telecom Conference, PayPal chief financial officer John Rainey said that the company had a lot to show for its partnerships with MasterCard and Visa.
PayPal’s (PYPL) chief financial officer, John Rainey, mentioned partnering with Amazon (AMZN) when he spoke at a recent Credit Suisse technology event. In 2017, PayPal’s CEO, Dan Schulman, noted that the company had been talking with Amazon with respect to a payments partnership.
PayPal Holdings Inc. remains a leader in online acceptance, according to a new report from Morgan Stanley. Shares are up 1.9% to a record high in Wednesday trading. The payments giant retained its strong ...
To get ready for earnings season, look for stocks in or near a potential buy range ahead of their next quarterly report. One such company is IBD 50 member PayPal[ticker symb=PYPL]. It's expected to release its latest numbers around Jan. 24. The stock is approximately 2% above a 79.49 buy point from a third-stage flat base. Buying a stock just...
At the Credit Suisse 21st Annual Technology, Media & Telecom Conference, PayPal (PYPL) chief financial officer John Rainey discussed a wide range of issues, including payment digitization. Rainey cited secular trends in the payment market to show that PayPal may have tremendous growth opportunities ahead. Rainey discussed the shift to mobile and the growing number of consumers starting their shopping trips on mobile devices.
Some investors had written off PayPal as a relic of its bygone days as a payment button used for online shopping. The company has evolved into a full-service digital payments system, and that's paying off.
NEW YORK, Jan. 15, 2018-- Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of PayPal Holdings, Inc. from February 14, 2017 through December 1, 2017, inclusive of ...
Crater Lake in Oregon was formed about 7,700 years ago when “a violent eruption triggered the collapse of a tall peak,” according to the National Parks Service. The result was a site of natural beauty. Oregon’s public pension may be in danger of cratering, and the result will be anything but beautiful.
Cash is no longer king in China (MCHI), as transactions are increasingly being made through mobile-payment platforms like Tencent’s (TCEHY) WeChat and Alibaba’s (BABA) Alipay. According to Forrester Research, $112.0 billion in transactions in the US were made through mobile payments in 2016. According to iResearch, China saw a whopping $9.0 trillion in mobile payments in 2016.