PayPal Holdings Inc. [PYPL] is -10.74% lower this YTD. Is it still time to buy?

PayPal Holdings Inc. [NASDAQ: PYPL] gained 1.70% on the last trading session, reaching $63.57 price per share at the time. The company report on August 14, 2023 at 9:20 AM that PayPal Names Alex Chriss as Next President and CEO.

PayPal Holdings, Inc. (NASDAQ: PYPL) today announced that its Board of Directors has appointed senior Intuit executive, Alex Chriss, as President and CEO, effective September 27, 2023. Chriss will also join the Board on that date.

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The appointment follows a thorough CEO search process, conducted by the Board over the last number of months, with the mandate to appoint a next generation leader with extensive global payments, product, and technology experience, capable of driving growth across the PayPal platform for years to come.

PayPal Holdings Inc. represents 1.11 billion in outstanding shares, while the company has a total market value of $68.64 billion with the latest information. PYPL stock price has been found in the range of $62.7327 to $63.65.

If compared to the average trading volume of 16.93M shares, PYPL reached a trading volume of 11701704 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about PayPal Holdings Inc. [PYPL]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PYPL shares is $86.47 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PYPL stock is a recommendation set at 2.10. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Evercore ISI have made an estimate for PayPal Holdings Inc. shares, keeping their opinion on the stock as In-line, with their previous recommendation back on August 04, 2023.

The Average True Range (ATR) for PayPal Holdings Inc. is set at 1.68, with the Price to Sales ratio for PYPL stock in the period of the last 12 months amounting to 2.40. The Price to Book ratio for the last quarter was 3.59, with the Price to Cash per share for the same quarter was set at 9.16. Price to Free Cash Flow for PYPL in the course of the last twelve months was 20.10 with Quick ratio for the last quarter at 1.30.

Trading performance analysis for PYPL stock

PayPal Holdings Inc. [PYPL] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.89. With this latest performance, PYPL shares dropped by -0.95% in over the last four-week period, additionally sinking by -16.67% over the last 6 months – not to mention a drop of -31.97% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PYPL stock in for the last two-week period is set at 49.62, with the RSI for the last a single of trading hit 55.26, and the three-weeks RSI is set at 47.67 for PayPal Holdings Inc. [PYPL]. The present Moving Average for the last 50 days of trading for this stock 66.82, while it was recorded at 62.73 for the last single week of trading, and 71.76 for the last 200 days.

PayPal Holdings Inc. [PYPL]: A deeper dive into fundamental analysis

PayPal Holdings Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.30 and a Current Ratio set at 1.30.

PayPal Holdings Inc. [PYPL]: An earnings per share (EPS) analysis

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for PYPL. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for PayPal Holdings Inc. go to 17.38%.

An analysis of Institutional ownership at PayPal Holdings Inc. [PYPL]

The top three institutional holders of PYPL stocks are: VANGUARD GROUP INC with ownership of 1.31 billion shares, which is approximately 8.2089%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $170.67 trillion in PYPL stocks shares; and BERKSHIRE HATHAWAY INC, currently with $150.98 trillion in PYPL stock with ownership which is approximately 5.7381%.

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