The CEO of PYPL, Daniel H. Schulman has reportedly sold off 10,000 stocks of the company in a 10th June transaction. The average price at which these stocks were sold is $267.77, which brings the total valuation to just a little over $2.6 million. After the transaction, the CEO currently has ownership of around 258,450 shares in the company- bringing the total valuation to around $69 million.
The Quarterly Estimates Of PYPL
The stocks of PYPL traded on Friday at $1.98. The market cap of the company has been set at $318.88 billion, with a 61.54 PE ratio and a 3.32 PEG ratio. The quick ratio of the company stands at 1.29, with a 1.29 current ratio. The year low of the company is $151.89, with the year high coming to around $309.14. The moving average price of the company over a period of 50 days is $258.66.
PYPL had previously published its quarterly reports on the 5th of May. The provider of credit services had reported an EPS of $1.22 for this quarter, which was more than the consensus estimate of $1.01. The return on equity for the company was 20.21%, with a 22.80% net margin.
There have been quite a few research equities that have commented on the stocks of PYPL. KeyCorp has already increased the price target of the company from $300 to $310 with a rating of overweight in a 12th February research report.
Raymond James has also increased the price target of the company from $296 to $333 with a rating of outperform in a 12th February research report. Oddo Bhf has also issued the company with a rating of outperform in a 7th April research report.
Five of the investment analysts covering the company have given it a rating of hold, while thirty-five others have issued it with a rating of buy. Currently, PYPL has a buy rating with a $284.80 price target.
