Several research analysts have expected that the stocks of PYPL would be putting up an EPS of $1.01 for this quarter. According to a report, thirteen analysts have already put up estimates into the earnings of the company.
The ball has been stopped at $1.16, with the lowest range coming in at $0.98. The EPS reported by the company over the same period was $0.66, which implies an annual growth rate of about 53%. The company will be putting up its next quarterly report on the 5th of May.
The Quarterly Estimates Of PYPL
PYPL did end up paying their quarterly results on the 3rd of February. The provider of credit services had reported an EPS of $1.08, which was more than the consensus estimate of $1.00. The revenue for the quarter was $6.12 billion, which was more than the consensus estimate of $6.09 billion. The net margin for the company was 15.48%, with an 18.31% return on equity.
There have been quite a few research equities that have commented on the stocks of PYPL. Sanford C. Bernstein has already put up a rating of outperform with a price target of $297 on the company. Keefe, Bruyette & Woods has increased the price target from $290 to $340 with a rating of outperform in a 12th February research report.
Macquarie has also increased the price target from $262 to $300 with a rating of outperform in a 4th February research report. Wedbush has also increased the price target of the company from $275 to $300 with a rating of outperform on the stocks of the company in a 4th February research report.
Six of the investment analysts involved with the company have already given it a rating of hold, while thirty-five others have issued it a rating of buy. Currently, PYPL has a buy rating with a price target set at $279.