|Bid||87.27 x 2900|
|Ask||88.00 x 1300|
|Day's Range||86.83 - 89.10|
|52 Week Range||57.02 - 89.19|
|PE Ratio (TTM)||56.04|
|Earnings Date||Jul 24, 2018 - Jul 30, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||89.53|
Lisa Ellis, MoffettNathanson payments analyst rated no. 1 by Institutional Investor, discusses her top picks when it comes to payments stocks.
PayPal has made four acquisitions in two months, a dizzying pace. Here's why these investments are so crucial to its larger strategy.
PayPal Holdings Inc. has been talking for almost a year about letting Venmo users pay with the service for items sold by third parties, but the company has become more aggressive with its efforts in recent weeks.
The Nasdaq 100 just hit another all-time high, as did the amount of people quoting the percentage of the index's gains that are from its top five components. There are 51 stocks down since the Nasdaq 100's initial peak on Jan. 26, meaning that there is opportunity on both sides of the tape if you're so inclined. What it also tells us is that it doesn't pay to get ideological about how large components like Apple Inc. ( AAPL), Amazon.com, Inc. ( AMZN) and Google parent Alphabet Inc. ( GOOG) have become.
Leading growth stock holdings are paying off for American Century Growth Fund (TWCGX). Driven by growth stock leaders like as Abiomed (ABMD), Amazon.com (AMZN), Facebook (FB), Netflix (NFLX) and PayPal (PYPL), the $8.6 billion fund is showing winning consistency. The fund accomplished that thanks in part to year-to-date gains by growth stock leaders that ranged from 15% by Facebook to 118% by Netflix.
NEW YORK, NY / ACCESSWIRE / July 13, 2018 / PayPal and Intelstat both saw gains in Thursday’s trading session on positive developments. PayPal shares rose higher after Uber said it would soon have a “Pay with Venmo” option that will allow users to pay with Venmo on Uber and Uber Eats. Intelsat saw gains after announcing that it has aligned on a market-based proposal for the future use of the lower C-band spectrum in the U.S. with SES and Eutelsat.
Shares of Paypal (PYPL) surged more than 3.3% on Thursday after the company announced an expanded partnership with Uber. Uber riders could already use their Paypal (PYPL) balance to pay for trips, but now that ability will also include Paypal-owned mobile payment app Venmo.
Founded in 2009, Venmo began as a payment system through text message. Within months of its launch in March 2012, Venmo gained enough popularity that Braintree acquired the company for $26.2 million. Braintree, operating as the payment system for apps including Airbnb and Uber, was later acquired with Venmo by payment tycoon PayPal Holdings Inc. ( PYPL).
On Thursday, July 12, Uber and Venmo, which is owned by PayPal Inc. Customers will now be able to pay for Uber rides and Uber Eats through their Venmo accounts. The press release announced that customers will not face any additional fees for using the Venmo app.
More than six million payments on Venmo mentioned “Uber” in their description over the past year, making a seamless connection between the two apps a natural fit. Uber customers in the United States ordering rides and food will soon be able to pay with their Venmo balance, linked bank account, credit card or debit card so they can easily split the cost with friends and family in the Venmo app, for no additional fee. “Adding Venmo as a way to pay within Uber and Uber Eats furthers our mission to provide a seamless way to pay for the services that matter most to our customers,” said Bill Ready, Chief Operating Officer, PayPal.
The battle to become the country’s preeminent cashless mobile payment platform is heating up. Starting Thursday, Uber Technologies Inc. riders in the U.S. will see a "Pay with Venmo" option when selecting a payment method for their trips. The feature will appear right next to Apple Pay, Apple Inc.’s competing mobile payment service.
The stock market was solidly higher early Thursday on easing trade war fears. Shares of PayPal hit a new high.
Who wants to sit through a potential 15% or 20% drawdown for an indeterminate period of time with virtually nothing but a belief that the stock will head higher? Yet that is one way to make long-term outstanding gains with true leaders in a healthy stock market. Let's take a look at PayPal (PYPL), which had a big move from its first-stage base in late April 2017 until its sell-off in the first two weeks of February this year. Venmo is a digital wallet that allows you to send money to friends or make purchases and has become one of PayPal's strongest-growing services.
For twelve executive positions at Bay Area tech companies analyzed by Comparably, ranging from vice presidents of sales and public relations to chief operating officer and chief executive officer, the average gender pay gap is around 6 percent.
PayPal is deemed safe for both buyers and sellers by security experts if they follow the appropriate security protocols like using two-factor verification, and take full advantage of the security measures PayPal offers its customer base. PayPal certainly believes it's safe to transmit money on its platform. "When you send a payment using PayPal, the recipient won't receive sensitive financial information like your credit card or bank account number.
Recent acquisitions should boost profitability at PayPal Holdings (PYPL) as they make it a stronger player in offline, “face-to-face” retail commerce—and the shares should benefit, according to new research. In a Wednesday note, Susquehanna analysts examined three recent buys by the company, focusing on the largest: The more-than-$2 billion buy of Sweden’s iZettle, sometimes referred to as Europe’s version of Square (SQ). Susquehanna’s new target is now Wall Street’s second-highest.
MARKET PULSE Susquehanna Financial Group analyst James Friedman raised his price target on shares of PayPal Holdings Inc. (pypl) to $105 from $93 on Wednesday. The new $105 target is the second highest among those tracked by FactSet.
On CNBC's "Mad Money Lightning Round" , Jim Cramer said US Concrete Inc (NASDAQ: USCR ) is too cheap, but it needs an infrastructure bill. He added that it's in a downtrend because the infrastructure ...