Why PayPal Stock Plunged Today MotleyFool Nov. 9, 2021, 04:24 PM Shares of PayPal Holdings (NASDAQ: PYPL) declined by 10.5% on Tuesday after the sales and profit outlook of the digital payments company fell short of the market's expectations.
Full Answer
Is the market behaving irrationally toward PayPal stock?
Apr 20, 2022 · PayPal (NASDAQ: PYPL) investors have had a rough go of it lately, and Wednesday wasn't any better, with the stock down 6.7% as of 1:43 p.m. ET. The stock is now down nearly 70% from its 52-week ...
Is PayPal stock too cheap to buy?
Nov 09, 2021 · Why PayPal Stock Plunged Today. Contributor. Joe Tenebruso The Motley Fool Published. Nov 9, 2021 4:24PM EST. What happened. Shares of PayPal ...
Should investors worry about PayPal's projections for growth?
Apr 20, 2022 · Stock Advisor. Our Flagship Service. Return. 395%. S&P Return. 128%. Rule Breakers. High-growth Stocks. Return. 234%. S&P Return. 110%. Returns as of 04/24/2022. View Our Services . Investing 101. How to Invest Money ; What to Invest In ; How to Invest in Stocks ; How to Invest in Index Funds ...
How does PayPal stock price compare to its 2022 earnings?
PayPal (NASDAQ: PYPL) investors have had a rough go of it lately, and Wednesday wasn't any better, with the stock down 6.7% as of 1:43 p.m. ET. The stock is now down nearly 70% from its 52-week highs. There wasn't much in the way of new news on Wednesday, but a financial analyst at SMBC Nikko Securities kept his underweight rating on the stock and lowered his price target.
What is the prediction for PayPal stock?
Stock Price Forecast The 42 analysts offering 12-month price forecasts for PayPal Holdings Inc have a median target of 173.50, with a high estimate of 245.00 and a low estimate of 105.00. The median estimate represents a +82.82% increase from the last price of 94.90.
Who owns the most PayPal stock?
Top 10 Owners of PayPal Holdings IncStockholderStakeShares ownedThe Vanguard Group, Inc.7.66%89,235,234BlackRock Fund Advisors4.24%49,349,378SSgA Funds Management, Inc.3.99%46,489,371Comprehensive Financial Managemen...2.57%29,988,3086 more rows
Does PayPal pay a dividend?
PayPal (NASDAQ: PYPL) does not pay a dividend.
Who are PayPal competitors?
Top Competitors of PaypalGoogle Wallet.Wepay. Wepay was founded in the year 2008 in Boston; Massachusetts has its headquarters in California. ... 2Checkout. ... Authorize.net. ... Skrill. ... Intuit. ... ProPay. ... Click2sell.More items...
Is PayPal Chinese owned?
PayPal Holdings, Inc. is an American multinational financial technology company operating an online payments system in the majority of countries that support online money transfers, and serves as an electronic alternative to traditional paper methods such as checks and money orders.
Does Amazon pay a dividend?
Amazon doesn't pay dividends to its stockholders, which has been on since its inception. Amazon's major promise to stockholders has always hinged on its potential business growth and expansion into new markets.Sep 17, 2021
Is PayPal a buy or sell?
PayPal has received a consensus rating of Buy. The company's average rating score is 2.66, and is based on 28 buy ratings, 12 hold ratings, and 1 sell rating.
Which stock has the highest dividend?
25 high-dividend stocksSymbolCompany NameDividend YieldKMBKimberly-Clark Corp3.77%CVXChevron Corp3.48%PFGPrincipal Financial Group Inc3.48%DLRDigital Realty Trust Inc3.44%20 more rows•Apr 1, 2022
What happened
Shares of PayPal Holdings (NASDAQ: PYPL) declined by 10.5% on Tuesday after the sales and profit outlook of the digital payments company fell short of the market's expectations.
So what
PayPal's revenue rose 13% year over year to $6.2 billion in the third quarter. The gains were fueled by a 26% rise in total payment volume, to $310 billion.
Now what
But investors appeared to focus on PayPal's muted guidance. Management expects revenue of $6.85 billion to $6.95 billion and adjusted earnings per share of $1.12 in the fourth quarter. That was below Wall Street's estimates, which had called for revenue of $7.24 billion and adjusted per-share profits of $1.27.
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What happened
Shares of digital payments behemoth PayPal Holdings ( PYPL -1.47% ) ended 2021 down 19%, according to data provided by S&P Global Market Intelligence. This performance lagged behind the S&P 500, which produced a superb return of 27% for the year.
So what
PayPal benefited from the surge of online shopping during the pandemic. Sales and total payment volume (TPV) in 2020 jumped 21% and 31%, respectively, year over year. And the stock more than doubled that year. 2021 was characterized by slowing revenue growth, particularly as consumers dealt with fading government stimulus.
Now what
Investors are wondering what the future of PayPal looks like as the world slowly tries to move past the pandemic. Digital payments certainly received a boost in 2020, but with the return of in-person shopping, will PayPal get back on track and produce the market-beating returns that investors expect of it?
