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Paypal (PYPL) Dips More Than Broader Markets: What You Should Know
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Paypal (PYPL - Free Report) closed the most recent trading day at $301.19, moving -0.59% from the previous trading session. This move lagged the S&P 500's daily loss of 0.35%.
Heading into today, shares of the technology platform and digital payments company had gained 10.2% over the past month, outpacing the Computer and Technology sector's gain of 4.23% and the S&P 500's gain of 3.36% in that time.
Wall Street will be looking for positivity from PYPL as it approaches its next earnings report date. This is expected to be July 28, 2021. The company is expected to report EPS of $1.13, up 5.61% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $6.32 billion, up 20.12% from the year-ago period.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $4.73 per share and revenue of $25.85 billion. These totals would mark changes of +21.91% and +20.48%, respectively, from last year.
Investors might also notice recent changes to analyst estimates for PYPL. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.12% higher within the past month. PYPL is currently a Zacks Rank #2 (Buy).
Valuation is also important, so investors should note that PYPL has a Forward P/E ratio of 63.99 right now. This valuation marks a discount compared to its industry's average Forward P/E of 68.76.
We can also see that PYPL currently has a PEG ratio of 2.9. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. Internet - Software stocks are, on average, holding a PEG ratio of 3.55 based on yesterday's closing prices.
The Internet - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 200, putting it in the bottom 22% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
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Paypal (PYPL) Dips More Than Broader Markets: What You Should Know
Paypal (PYPL - Free Report) closed the most recent trading day at $301.19, moving -0.59% from the previous trading session. This move lagged the S&P 500's daily loss of 0.35%.
Heading into today, shares of the technology platform and digital payments company had gained 10.2% over the past month, outpacing the Computer and Technology sector's gain of 4.23% and the S&P 500's gain of 3.36% in that time.
Wall Street will be looking for positivity from PYPL as it approaches its next earnings report date. This is expected to be July 28, 2021. The company is expected to report EPS of $1.13, up 5.61% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $6.32 billion, up 20.12% from the year-ago period.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $4.73 per share and revenue of $25.85 billion. These totals would mark changes of +21.91% and +20.48%, respectively, from last year.
Investors might also notice recent changes to analyst estimates for PYPL. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.12% higher within the past month. PYPL is currently a Zacks Rank #2 (Buy).
Valuation is also important, so investors should note that PYPL has a Forward P/E ratio of 63.99 right now. This valuation marks a discount compared to its industry's average Forward P/E of 68.76.
We can also see that PYPL currently has a PEG ratio of 2.9. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. Internet - Software stocks are, on average, holding a PEG ratio of 3.55 based on yesterday's closing prices.
The Internet - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 200, putting it in the bottom 22% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.