Jefferies Financial Group Cuts PayPal (NASDAQ:PYPL) Price Target to $60.00

PayPal (NASDAQ:PYPL) had its price objective trimmed by Jefferies Financial Group from $75.00 to $60.00 in a research note released on Monday morning,MarketScreener reports. The brokerage currently has a hold rating on the credit services provider’s stock.

A number of other brokerages have also issued reports on PYPL. Dbs Bank cut their price target on shares of PayPal from $75.00 to $70.00 and set a “hold” rating on the stock in a research note on Thursday, November 13th. Keefe, Bruyette & Woods boosted their price objective on shares of PayPal from $85.00 to $90.00 and gave the company an “outperform” rating in a report on Wednesday, October 29th. KeyCorp reissued a “hold” rating on shares of PayPal in a research report on Wednesday, October 22nd. Robert W. Baird set a $83.00 price target on PayPal in a research report on Wednesday, October 29th. Finally, Truist Financial boosted their price target on PayPal from $65.00 to $66.00 and gave the company a “sell” rating in a research note on Tuesday, November 4th. Sixteen investment analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $82.06.

PayPal Stock Up 1.0%

PayPal stock opened at $61.83 on Monday. PayPal has a 1-year low of $55.85 and a 1-year high of $93.66. The business has a fifty day moving average price of $67.36 and a 200-day moving average price of $69.98. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.34 and a quick ratio of 1.34. The stock has a market capitalization of $57.85 billion, a price-to-earnings ratio of 12.39, a PEG ratio of 0.82 and a beta of 1.45.

PayPal (NASDAQ:PYPL) last released its quarterly earnings results on Tuesday, October 28th. The credit services provider reported $1.34 EPS for the quarter, beating analysts’ consensus estimates of $1.20 by $0.14. The company had revenue of $8.42 billion during the quarter, compared to analysts’ expectations of $8.21 billion. PayPal had a return on equity of 25.64% and a net margin of 14.96%.The firm’s revenue was up 7.3% compared to the same quarter last year. During the same period last year, the business posted $1.20 earnings per share. PayPal has set its Q4 2025 guidance at 1.270-1.310 EPS. FY 2025 guidance at 5.350-5.390 EPS. Equities research analysts forecast that PayPal will post 5.03 EPS for the current fiscal year.

PayPal Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 10th. Shareholders of record on Wednesday, November 19th will be paid a dividend of $0.14 per share. The ex-dividend date is Wednesday, November 19th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.9%. PayPal’s dividend payout ratio (DPR) is presently 11.22%.

Insider Buying and Selling

In other PayPal news, EVP Diego Scotti sold 3,838 shares of the company’s stock in a transaction that occurred on Thursday, October 30th. The stock was sold at an average price of $68.97, for a total value of $264,706.86. Following the sale, the executive vice president owned 16,989 shares in the company, valued at approximately $1,171,731.33. This represents a 18.43% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CAO Chris Natali sold 1,374 shares of PayPal stock in a transaction that occurred on Thursday, October 30th. The shares were sold at an average price of $69.13, for a total transaction of $94,984.62. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 36,156 shares of company stock worth $2,432,524. Corporate insiders own 0.08% of the company’s stock.

Institutional Trading of PayPal

A number of hedge funds have recently added to or reduced their stakes in PYPL. Norges Bank purchased a new stake in shares of PayPal during the 2nd quarter worth about $921,570,000. Nuveen LLC acquired a new position in PayPal in the 1st quarter worth about $529,264,000. Goldman Sachs Group Inc. boosted its position in PayPal by 44.6% during the first quarter. Goldman Sachs Group Inc. now owns 8,559,376 shares of the credit services provider’s stock worth $558,499,000 after purchasing an additional 2,638,815 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of PayPal by 35.9% in the third quarter. Dimensional Fund Advisors LP now owns 8,177,536 shares of the credit services provider’s stock valued at $548,520,000 after buying an additional 2,160,227 shares in the last quarter. Finally, Lazard Asset Management LLC raised its stake in shares of PayPal by 1,066.0% during the 2nd quarter. Lazard Asset Management LLC now owns 2,106,215 shares of the credit services provider’s stock worth $156,532,000 after buying an additional 1,925,583 shares during the period. 68.32% of the stock is owned by hedge funds and other institutional investors.

About PayPal

PayPal Holdings, Inc operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. It operates a two-sided network at scale that connects merchants and consumers that enables its customers to connect, transact, and send and receive payments through online and in person, as well as transfer and withdraw funds using various funding sources, such as bank accounts, PayPal or Venmo account balance, PayPal and Venmo branded credit products comprising its installment products, credit and debit cards, and cryptocurrencies, as well as other stored value products, including gift cards and eligible rewards.