|Bid||94.91 x 800|
|Ask||95.02 x 1400|
|Day's Range||94.45 - 95.42|
|52 Week Range||70.22 - 96.04|
|Beta (3Y Monthly)||0.75|
|PE Ratio (TTM)||55.50|
|Earnings Date||Apr 23, 2019 - Apr 29, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||100.64|
On a recent earnings call, management discussed network scale, a new digital platform, and renewed growth in a key business segment.
Here are nine dynamic companies with solutions that are revolutionizing payment processing, accounting, investing and other financial services. Intuit has also tried to demystify accounting in the age of the “gig economy,” allowing easy ways to log expenses and track mileage on mobile devices. It has more powerful cloud-based payroll solutions and business payments for lbusinesses of larger size.
PayPal Holdings is trading at a new all-time high today. It's almost to 95 bucks a share and is just ITCHING to trade over $100. Since it's managed to hold $90 for several days, I think it almost certainly trades there in the next few weeks, unless we have some sort of systemic shock to the market place.
Investor worries over PayPal Holding's fading relationship with former parent eBay again may be easing. PayPal stock on Wednesday hit a 52-week high before pulling back.
Shares of PayPal (NASDAQ:PYPL) stock, like the broader market, have rallied sharply off the late December 2018 lows. Unlike the broader market, though, this stock is breaking to fresh all-time highs and looks to continue its upside trajectory.As much as the stock market as a whole has largely traded in tandem over the past few months, i.e. up-days saw most stocks lift while down-days saw most stocks sell off, as I look deeper into 2019 I think this will be much more or a stock picker's market. Yes, we will see awesome and tradeable swings in the broader stock indices in 2019 I believe, but we will also see more separation between stocks that are in true growth phases versus others that are more exposed to the business cycle.Online payment systems such as those services that PayPal provide, in my eye, remain in a raging bull market from a business perspective. While a general economic slowdown will ultimately affect just about every corner of the economy, stocks in a true industry growth phases should at the margin weather an economic slowdown better than most stocks.InvestorPlace - Stock Market News, Stock Advice & Trading Tips PYPL Stock Charts Click to EnlargeMoving averages legend: red - 200 week, blue - 100 week, yellow - 50 weekFor some perspective, let's head over to the charts, starting off with a multiyear look at PYPL stock. Here we see that although the stock has seen a sharp rally of late, it really hasn't done much since July of 2018, directionally speaking. In fact, the stock has largely oscillated back and forth, likely frustrating most "breakout chart-chasers" to the point where they have now given up. * Buy These 5 Stocks to Play the Megatrend of the Century In fact, one could go back as far as early 2018 and say that PYPL stock has mostly consolidated sideways since then. Given the recent rally, however, to yours truly the odds of a break higher are now better than they have been in the past year or so for this name. Click to EnlargeMoving averages legend: red - 200 day, blue - 100 day, yellow - 50 dayOn the daily chart, we see that despite the choppy going, PYPL stock has since May 2018 made a series of higher lows -- see the red arrows on the chart. On Jan. 31, the stock dropped after its earnings report but quickly flashed exhaustion selling and a few days later my proprietary indicator signaled a B2 Reversal buy.On Feb. 12, my indicators flashed another buy signal with a next upside target at $100. Any strong bearish reversal on a daily closing basis would be a stop loss from a swing trading perspective.Get FREE ACCESS to Serge's renowned Stock Market Scanner with actionable trade ideas. Get it HERE. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks That Every 20-Year-Old Should Buy * 10 Best Dividend Stocks to Buy for the Next 10 Months * 10 Monster Growth Stocks to Buy for 2019 and Beyond Compare Brokers The post Trade of the Day: PayPal Stock Traders Are Paying Up appeared first on InvestorPlace.
1. (PYPL) operates a global payments network and was spun out of (EBAY) in 2015. •Venmo TPVs comprise ~11% of total TPV, growing at ~80% with a take rate of ~1/10 of PayPal revenue. •A) The market underappreciates the competitive moats that will enable PYPL to trade at a high terminal multiple even when growth trails off (far in the future).
What's the Latest from Alibaba?(Continued from Prior Part)WorldFirst shuts US business Alibaba’s (BABA) Ant Financial learned a lesson when the United States blocked it from acquiring MoneyGram (MGI) a year ago. Ant now wants to buy British money
Dan Loeb's Third Point Had a Weak 2018: Will 2019 Be Any Better?(Continued from Prior Part)Third Point’s only new position In Q4 2018, Third Point initiated a new position in Cigna (CI), which is an American healthcare services organization. Hike
Venmo has been billed as the payment app for Millennials and is known for making the most awkward part of the night (splitting the bill) a little more bearable. It’s also one of the most popular apps in the peer-to-peer (P2P) payments space. But how does it actually work?
What's the Latest from Alibaba?China turning to tax cuts to spur economic growth Last year, China rolled out a $195 billion tax reduction program, according to the Nikkei Asian Review. The country is preparing to announce another tax reduction
Square (NYSE:SQ) has outperformed the stock market and most other names since tech stocks' Christmas Eve lows. Square stock is up more than 40% from its lows and is now consolidating nicely near $70 per share.Square is far from perfect, though. The stock is much more volatile than the broader market and is susceptible to large moves in both directions. With the market teetering on a potential pullback ( it has risen some 15% from its December lows and is rapidly moving towards its 200-day moving average), Square stock could either be a pillar of strength or a weak link in the chain. Source: Chris Harrison via Flickr (Modified)If investors eliminate their emotions and rely on unbiased logic, they have a chance to profit from SQ stock. So let's look at the charts a bit before diving into a wider overview of Square stock.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Best Dividend Stocks to Buy for the Next 10 Months Trading Square StockSQ is holding up relatively well, particularly with the overall markets under some pressure after a big, multi-week rally. So far, SQ stock is staying above its 200-day moving average, which is near $69. This appears to be a rather key level when it comes to Square stock. The 200-day was resistance about a month ago, but once Square pushed through the 200-day, this level became support.Furthermore, short-term, uptrend support (depicted by the blue line on the chart above) comes into play around $69 as well and follows the 200-day moving average pretty closely. On a slightly deeper pullback, the risk/reward of Square stock would be solid for bulls.For bulls who are already long, a close below this area gives them a way to reduce their risk. If Square stock temporarily breaks below $69 and recovers in the same day, I would be much more likely to consider taking a long position in Square stock. That scenario would signify that the support of Square stock temporarily gave way, and that bulls responded by buying the shares with enough force to get them back over the key level of $69.So what happens if SQ falls below $69? If that happens, $65 is on the table. That's about the level where trend support (depicted by the black line) and the 50-day moving average come into play. If $69 holds, becoming support, look to see if Square stock moves over $72 to $72.50. That area is both short-term, downtrend resistance and the 100-day-moving average. If Square stock climbs above $72.50, it could retest its recent highs near $78.Know your levels and let the price action guide your actions. Don't fight what the stock price is doing. The Bottom Line on SQ StockSquare is not cheap and never really has been. However, investors counter the valuation argument with a few observations.Their first contention is that Square could be a takeover target for banks and/or payment processing companies. Perhaps the recent massive deal between SunTrust Banks (NYSE:STI) and BB&T (NYSE:BBT)will kick M&A in the financial sector into high gear.Presently, Square stock is valued at just under $30 billion. It's also got a surprisingly resilient balance sheet. SQ has total assets of almost $4 billion versus total liabilities of $2.8 billion, while the company has less than $1 billion of total debt.SQ is not on the list of stocks with the strongest balance sheets, but I was surprised that Square wasn't more leveraged. The fact that SQ has positive cash flow also makes Square stock more attractive.The bulls' other argument is the company's growth. Square will report its earnings at the end of February, and analysts expect the company to report strong, full-year growth. On average, analysts expect its sales to surge 60% to $1.58 billion and predict that its earnings will balloon 70% to 46 cents per share.As mentioned earlier, the valuation of SQ stock is high; the shares are trading at 156 times this year's consensus earnings estimate. But it's not easy to find companies that are growing as quickly as Square. In 2019, the average estimate calls for a further 43% expansion in sales to $2.25 billion and projects that its earnings will grow 52% to 70 cents per share.SQ stock is still expensive, as it's far more costly than its peers like PayPal (NASDAQ:PYPL), Visa (NYSE:V) and MasterCard (NYSE:MA). But growth investors won't mind its high valuation as long as its management continues to deliver.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long V. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Fundamentally Sound Dividend Stocks to Buy * 5 Reasons Reeling FAANG Stocks Won't Deliver Big Returns * 3 Reasons Canopy Growth Could Burn You Compare Brokers The post How to Trade Square Stock Right Now appeared first on InvestorPlace.
PayPal Holdings Inc NASDAQ/NGS:PYPLView full report here! Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is low for PYPL with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding PYPL totaled $16.63 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Tech Updates: PayPal, Square, Spotify, and Tencent(Continued from Prior Part)Stock downgraded on lack of growth opportunities Raymond James recently downgraded Square (SQ) and assigned the stock a price target that suggested a huge downside
Tech Updates: PayPal, Square, Spotify, and TencentSpecial consumer loan for federal workers The longest government shutdown in the history of the US impaired the operations of many federal agencies and left close to a million federal workers without
close little changed on Wednesday after Guggenheim analyst Jeff Cantwell downgraded the company's stock to neutral from buy and removed his previous price target of $95. focus on switching its merchants over to Amazon Pay will likely affect the company's earnings in the short term, Cantwell said. The positives about PayPal "appear to be well-understood, and already reflected in the valuation," he wrote in a note to clients.
Guggenheim Securities doesn’t see much upside for (PYPL) stock this year. The firm’s analyst Jeff Cantwell lowered his rating for PayPal shares to Neutral from Buy, citing the payment company’s elevated valuation. PayPal’s “positives appear to be well understood, and already reflected in the valuation,” he wrote on Wednesday.
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Stocks in the S&P 500 Index (SPX) with the fastest expected revenue growth are poised to deliver market-beating performance in 2019. They are "positioned to use top-line revenue generation instead of margins to drive bottom-line earnings," per a recent report from Goldman Sachs.
PayPal Holdings Inc (NASDAQ: PYPL ) is likely to witness near-term pressure on its payment volume growth due to Brexit , medium-term headwinds from eBay Inc (NASDAQ: EBAY ) and intensifying competition, ...