107.18 +0.28 (0.26%)
After hours: 7:45PM EDT
|Bid||107.20 x 1800|
|Ask||107.18 x 900|
|Day's Range||106.44 - 107.51|
|52 Week Range||70.22 - 109.00|
|Beta (3Y Monthly)||0.91|
|PE Ratio (TTM)||62.51|
|Earnings Date||Apr 24, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||104.88|
On the earnings side, Caterpillar, AT&T and Boeing are among the S&P 500 members reporting before the bell. Here's Myles Udland with everything that will be making headlines on Wednesday, April 24.
PayPal Holdings heads into its first quarter earnings report as a somewhat controversial stock. UBS downgraded PayPal stock while Barclays and Morgan Stanley raised their price targets.
Fortive's (FTV) first-quarter results are likely to benefit from strong product portfolio and healthy contribution from acquisitions. However, end-market cyclicality might impact its earnings.
The online-payments company’s stock is up more than 26% so far this year, compared with a gain of slightly less than 16% for the broader S&P 500.
PayPal (PYPL) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
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PayPal's (PYPL) first-quarter 2019 results are likely to be driven by robust Venmo and One Touch. Further, the Braintree buyout is expected to contribute.
Online payment-sharing company Venmo is in talks to select Synchrony Financial to issue its first-ever credit card, according to a report. The Wall Street Journal reported that Venmo, owned by PayPal Holdings Inc. (Nasdaq: PYPL), will pick Connecticut-based Synchrony (NYSE: SYF) to issue a Venmo-branded credit card sometime this year. Venmo allows users to split the cost of transactions, such as at a restaurant or at the movies, and also allows users to transfer money to banks.
The Bay Area’s 20 highest-earning women executives hail from the Bay Area's top tech companies as well as its retail and financial giants. Several companies — Square, Cisco and Williams-Sonoma — have multiple executives in our top 20 list.
Market forces are taking America cashless but local politicos, like the luddites destroying machines that replaced craftsmen, are throwing up roadblocks.
Crowdfunding and payment companies are no strangers to cutting off access to organizations that violate their policies, but their latest move could be more contentious than usual. PayPal and GoFundMe have confirmed to BuzzFeed News that they've shut down fundraising campaigns for the United Constitutional Patriots, a right-wing militia group in New Mexico that has been detaining migrants at the border with Mexico despite doubts about its legal authority. The sites claim that UCP has violated their policies barring support for hate or violence, in one case allegedly using funds to buy guns.
Paypal (PYPL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Recent IPO StoneCo, which has backing from Warren Buffett, shed a quarter of its value Thursday as competition in the Brazilian payments space heats up
PayPal Holdings Inc (NASDAQ: PYPL) is scheduled to release earnings a week from today. And the Street is already bullish. Morgan Stanley just raised its price target from $103 to $113 and PYPL stock is in a sector with a lot of tailwinds right now.Source: Shutterstock PYPL stock is up 36% in the past 12 months and nearly 30% year to date. That's a very respectable run. It's ability to capitalize on consumer sector has certainly given it a head start if not a solid competitive moat for all the newcomers that have shown up since its founding in 1998. PYPL Stock Spun Off With Perfect TimingSpinning off from eBay (NASDAQ: EBAY) a few years back looks like a brilliant idea and could not have been timed any better. Just as PYPL stock started to spread its wings, the financial sector was losing some of its post-crash regulations and disruption started hitting the banks and the way they interacted with their customers.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIn a industry that traditionally risk-averse and top-down driven, this new banking option empowered individuals and allowed them unprecedented access to their money.When peer-to-peer (P2P) banking hit -- being able to send money directly from your account to someone else's account on your mobile phone -- it opened up a whole new world where banks no longer functioned as anything more than a repository for your cash before you spend it. * 5 Dividend Stocks Perfect for Retirees PYPL's Venmo is one of two of the most popular P2Ps out there now. Zelle, which is owned by a consortium of the big banks, still leads PYPL, but not by much.Essentially, the big banks saw that if they didn't move quickly, P2P banking could significantly hurt their business with younger generations that weren't interested in traditional banking, and more importantly, didn't have to be.New services were popping up and the best solution was for the national banks to circle the wagons and come up with their own digital payment services platform. In 2011, Zelle was born. Its instant payment service was launched in 2017.But even with that significant competition, PYPL is still growing. In Q4, had an 80% spike in transaction volume. For all of 2018, volume on Venmo increased 49%.About 85% of the financial institutions in the Zelle universe are regional and local banks and savings and loans. But PYPL is still focused on the individual consumer and is now adding features like credit cards as well as a variety of other strategies to encourage stickiness and grow its business.This isn't a zero-sum game. Both strategies have great opportunities to grow their businesses. And PYPL is doing a very good job on that front because it has its roots as a technology disruptor rather than a branch of the largest financial institutions in the world. The Bottom Line for PYPLMy Portfolio Grader gives PYPL stock a B rating right now, but a few more quarters like the last one will certainly move that grade -- and the stock price -- up to a new level.Louis Navellier is a renowned growth investor. He is the editor of four investing newsletters: Growth Investor, Breakthrough Stocks, Accelerated Profits and Platinum Growth. His most popular service, Growth Investor, has a track record of beating the market 3:1 over the last 14 years. He uses a combination of quantitative and fundamental analysis to identify market-beating stocks. Mr. Navellier has made his proven formula accessible to investors via his free, online stock rating tool, PortfolioGrader.com. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Dividend Stocks Perfect for Retirees * 7 Reasons the Stock Market Rally Isn't Over Yet * 10 S&P 500 Stocks to Weather the Earnings Storm Compare Brokers The post With Earnings Coming, PYPL Stock Should Continue to Soar appeared first on InvestorPlace.
Read about the most important subsidiaries of American Express Company, including two banks, an insurance company and a fraud protection company.
Facebook (FB) is likely to stop providing peer-to-peer (P2P) payment service on its Messenger platform in France and the U.K. from Jun 15, 2019.
Paypal (PYPL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The Nasdaq 100 just hit a record, but that doesn't mean buying tech is off the table, one expert says. The tech-heavy index made an all-time high Wednesday morning, helped by a 4% surge in shares of Intel INTC . "I think Intel had the most constructive pullback to those December lows, which was a double bottom," Baruch said Tuesday on CNBC's "Trading Nation," pointing to the semiconductor company's three-year chart.
These Tech Stocks Could Be Overvalued at Their Current Prices(Continued from Prior Part)PYPL’s returns Digital payment company PayPal Holdings (PYPL) has generated a return of 39% in the last 12 months. Since the start of 2019, the stock is up