The shares of PayPal Holdings, Inc. (NASDAQ:PYPL) has been pegged with a rating of Neutral by Buckingham Research in its latest research note that was published on February 25th, 2019. The research company has also assigned a $99 price target. Buckingham Research wasn’t the only research firm that published a report of PayPal Holdings, Inc., with other equities research analysts also giving their opinion on the stock. Guggenheim advised investors in its research note published on February 6th, 2019, to Neutral the PYPL stock. The stock had earned Neutral rating from Atlantic Equities when it published its report on February 1st, 2019. The stock was given Outperform rating by RBC Capital Mkts in its report released on January 31st, 2019, the day when the price target on the stock was placed at $105. Oppenheimer was of a view that PYPL is Outperform in its latest report on January 31st, 2019 while giving it a price target of $100. Barclays thinks that PYPL is worth Overweight rating. This was contained in the firm’s report on January 7th, 2019 in which the stock’s price target was also moved to $115.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 14 believe it has the potential for further growth, thus rating it as Hold while 15 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $101.93. The price of the stock the last time has raised by 38.85% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 61.69.
The shares of the company added by 0.05% during the trading session on Tuesday, reaching a low of $96.9 while ending the day at $97.50. During the trading session, a total of 5.58 million shares were traded which represents a 33.09% incline from the average session volume which is 8.34M shares. PYPL had ended its last session trading at 97.45. PayPal Holdings, Inc. currently has a market cap of $115.01B, while its P/E ratio stands at 56.46, while its P/E earnings growth sits at 7.44, with a beta of 1.04. PayPal Holdings, Inc. debt-to-equity ratio currently stands at 0.13, while its quick ratio hovers at 1.30. PYPL 52-week low price stands at $70.22 while its 52-week high price is $99.45.
The company in its last quarterly report recorded $0.69 earnings per share which is above the $0.67 predicted by most analysts. The PayPal Holdings, Inc. generated $4,226.00 million in revenue during the last quarter, which is slightly lower than the $4,238.80 million predicted by analysts. In the second quarter last year, the firm recorded $0.58 earnings per share. Compared to the same quarter last year, the firm’s revenue was up by 15.94%. PayPal Holdings, Inc. has the potential to record 1.73 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Credit Suisse published a research note on March 7th, 2019 where it informed investors and clients that PepsiCo, Inc. (NASDAQ:PEP) is now rated as Underperform. Guggenheim also rated PEP as Downgrade on February 6th, 2019, with its price target of $2 suggesting that PEP could surge by 1% from its current share price. Even though the stock has been trading at $116.59/share, analysts expect it to surge higher by -0.02% to reach $117.75/share. It started the day trading at $117.21 and traded between $116.01 and $116.57 throughout the trading session.
A look at its technical shows that PEP’s 50-day SMA is 112.43 while its 200-day SMA stands at 111.74. The stock has a high of $122.00 for the year while the low is $95.94. The company’s P/E ratio currently sits at 13.28, while the P/B ratio is 11.32. At the moment, only of PepsiCo, Inc. shares were sold short. The company’s average trading volume currently stands at 5.44M shares, which means that the short-interest ratio is just 1.45 days. Over the past seven days, the company moved, with its shift of 0.47%. Looking further, the stock has raised 0.65% over the past 90 days while it gained 3.40% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The Vanguard Group Inc bought more PEP shares, increasing its portfolio by +3.93% during the last quarter. This move now sees The Vanguard Group Inc purchasing 4,617,383 shares in the last quarter, thus it now holds 122,125,751 shares of PEP, with a total valuation of $14,122,621,846. BlackRock Fund Advisors meanwhile bought more PEP shares in the recently filed quarter, changing its stake to $7,634,260,000 worth of shares. SSgA Funds Management Inc followed the path by increasing its PEP portfolio by +1.36% in the quarter. This means that SSgA Funds Management Inc bought 852,692 shares in the last quarter and now controls 63,580,836 shares of the PEP stock, with the valuation hitting $7,352,487,875.
Similarly, Northern Trust Investments Inc increased its PepsiCo, Inc. shares by +3.19% during the recently filed quarter. After buying 623,727 shares in the last quarter, the firm now controls 20,185,841 shares of PepsiCo, Inc. which are valued at $2,334,290,653. In the same vein, Geode Capital Management LLC increased its PepsiCo, Inc. shares by during the most recent reported quarter. The firm bought 1,641,608 shares during the quarter which increased its stakes to 19,470,093 shares and is now valued at $2,251,521,555. Following these latest developments, around 0.10% of PepsiCo, Inc. stocks are owned by institutional investors and hedge funds.