• News
    • Stocks
    • Banks and Finance
    • Companies
    • Crypto
    • Forex
  • Videos
  • Articles
    • Forex CRM
    • Crypto Payments
    • Copy Trading
    • Crypto Exchange Business
    • Forex Business
    • Fintech
    • Liquidity
  • Liquidity Providers List
  • Crypto Payment Providers

Dark Theme

Is PayPal Stock A Buy Right Now After Key Downgrade?

Nov 26, 2021

Is PayPal Stock A Buy Right Now After Key Downgrade?

PayPal (PYPL) is the world's digital money-transfer platform. The rapidly growing corporation is still one of the loudest stocks on the stock market today. But, given the present stock market rise, is PayPal shares a good buy?

Fundamental Analysis of PayPal Stock: A Proven Track Record

PayPal boasts a consistent history of revenue and sales growth since at least 2010. It made only 29 cents per share that year. In 2019, the business recorded earnings per share of $2.96. Earnings per share for 2020 increased by 31% to $3.88. Experts predict that the company's earnings per share will increase by 21% in 2021 and another 25% in 2022.

The company's third-quarter results were released after the market closed on November 8th. On revenue of $6.18 billion, the business earned an adjusted $1.11 per share. PayPal also announced cooperation with Amazon (AMZN), allowing Venmo users to use the service as a checkout option on Amazon's platform. Experts predicted that the business will earn $1.07 per share on $6.23 billion in revenue.

PayPal's EPS Rating is a perfect 99 due to the company's fundamental strength. The EPS Rating assesses a corporation's capacity to increase earnings year over year by looking at the data from the past two quarters and earnings growth over the past three to five years.

At the same time, the SMR Rating emphasizes a company's revenues, profit margins, and return on equity. Such measures provide valuable information into a company's underlying strength. The SMR Rating is an A, owing to PayPal's recent double-digit revenue growth, 26% annual pretax profit, and 25% annual ROE in 2020.

PayPal stock has a poor 45 points out of a perfect 99 of IBD Composite Rating, according to the IBD Stock Checkup. The Composite Rating helps investors easily measure the fundamental and technical characteristics of a stock.

PayPal Stock News

In the crypto sector, PayPal is still competing with Square (SQ). The two payment services are promoting applications that allow customers to obtain discounts, pay in installments, and purchase cryptocurrency.

PayPal's Venmo and the Square Cash App began as one-to-one money-transfer services for family and friends. They've now developed into large-scale applications to provide financial services to consumers, spurring the development of these pioneers in the nascent digital payments segment.

PayPal introduced a cryptocurrency trading service in late 2020, allowing customers to buy and sell Bitcoin. Furthermore, PayPal customers can use cryptocurrencies to make purchases at 28 million merchants in its network, which began in 2021.

PayPal announced cryptocurrency on Venmo on April 20. Customers may now see crypto dynamics and conduct transactions using all three forms of cryptocurrencies, as well as Bitcoin Cash, thanks to the new tool.

On September 8, PayPal announced a $2.7 billion deal to acquire Paidly, a Japanese payment network for "buy now, pay later" financial plans.

On October 25, the business stated that it is not interested in acquiring Pinterest (PINS) at this time. PayPal had explored purchasing the firm for roughly $70 per share, according to Bloomberg.

Bernstein downgraded the stock from outperform to market perform on November 17 and reduced the target price from 260 to 220. In response, the stock fell more than 5%.

Is PYPL Stock A Buy Right Now?

According to IBD MarketSmith chart analysis, PayPal triggered the 7%-8% loss rule from its 296.11 buy price in a cup with handle during steep losses in August, meaning the stock is not a buy right now. There is no fresh buy point at this moment, with the stock trading around 40% below its 52-week high.

PayPal shares rose 0.2% on Friday, adding 0.35% to Wednesday's gains. The stock is at its lowest level since Nov. 16, 2020.

Subscribe Our Newsletter

Inflation and Unemployment Haven’t Behaved Like This in 70 Years. Why It Matters

Inflation and Unemployment Haven’t Behaved Like This in 70 Years. Why It Matters

Inflation continues rampant, averaging at 8% year on year, according to the consumer price index. Meanwhile, the employment market is quite competitive. In April, 3.6 percent of the workforce was unemployed, the lowest figure since February 2020.

Banks and Finance
US SEC Finally Approves A Crypto ETF. But It Will Invest In Crypto Companies

US SEC Finally Approves A Crypto ETF. But It Will Invest In Crypto Companies

The Securities and Exchange Commission (SEC) of the United States has finally authorised a cryptocurrency ETF, but it is not the one that the crypto community had anticipated.

Crypto
Oliver

What is a Crypto Payment Gateway?
Modern blockchain technology is about to transform major industries such as healthcare, retail, supply chains, and many more. Most importantly, it is quickly gaining traction in payment methods.

discover
What is a Liquidity Provider Fee?

Liquidity Provider

Liquidity Provider

What is a Liquidity Provider Fee?

Let's find out how do FX Liquidity Providers keep markets moving, what are Liquidity Provider fees and ways to charge them.

Liquidity

Contact Us

Contact the Liquidity Provider
for any questions and advertising inquiries b2broker

    Please fill out this contact form to get in touch with us

    / 3000

    By clicking “Get in touch” button, you agree to the privacy policy

    Oliver

    How to Integrate Crypto Payment Gateway to Your Business?

    https://liquidity-provider.com/app/uploads/2022/07/how-to-integrate-crypto-payment-gateway-to-your-business-300x203.png

    Oliver

    How to Accept Crypto Payments as a Business

    https://liquidity-provider.com/app/uploads/2022/06/oblozhka-300x203.png

    Oliver

    What is a Crypto Payment Gateway?

    https://liquidity-provider.com/app/uploads/2022/06/shapka1-1-300x203.png

    Liquidity Provider

    Why Do Brokers Need PAMM Accounts?

    https://liquidity-provider.com/app/uploads/2022/05/why-do-brokers-need-pamm-accounts-300x203.png

    Regi Publico

    The Importance of Liquidity in Financial Planning

    https://liquidity-provider.com/app/uploads/2022/04/untitled-design-2-300x203.png

    Liquidity Provider

    What Are the Advantages of Paying with Bitcoin?

    https://liquidity-provider.com/app/uploads/2022/04/dizajn-bez-nazvaniya-3-1-300x203.png

    Liquidity Provider

    How to Promote PAMM/MAM & Copy Trading Service as a Broker

    https://liquidity-provider.com/app/uploads/2022/04/untitled-design-300x203.png

    Liquidity Provider

    How Do Crypto Payments Work?

    https://liquidity-provider.com/app/uploads/2022/03/untitled-design-10-300x203.png

    Liquidity Provider

    Top 6 Forex License Providers

    https://liquidity-provider.com/app/uploads/2022/03/frame-59318-300x203.png

    Liquidity Provider

    How to Get a FOREX License

    https://liquidity-provider.com/app/uploads/2022/03/untitled-design-1-300x203.png

    Liquidity Provider

    Top 5 Forex CRM Solutions for 2022

    https://liquidity-provider.com/app/uploads/2022/02/untitled-design-3-300x203.png

    Liquidity Provider

    5 FinTech Trends for 2022

    https://liquidity-provider.com/app/uploads/2022/02/untitled-design-2-300x203.png

    Liquidity Provider

    5 Tips for FinTech Startups

    https://liquidity-provider.com/app/uploads/2022/02/untitled-design-1-300x203.png

    Liquidity Provider

    What is NFT?

    https://liquidity-provider.com/app/uploads/2022/02/untitled-design-300x203.png

    Liquidity Provider

    What is Initial DEX Offering (IDO)?

    https://liquidity-provider.com/app/uploads/2022/01/untitled-design-1-1-300x203.png

    Liquidity Provider

    How Liquidity Provider Tokens Work

    https://liquidity-provider.com/app/uploads/2022/01/frame-59320-2-300x203.png

    Liquidity Provider

    How Does the Cryptocurrency Exchange Business Work?

    https://liquidity-provider.com/app/uploads/2021/12/frame-59315-300x203.png

    Liquidity Provider

    How Does The Forex Brokerage Business Work

    https://liquidity-provider.com/app/uploads/2021/12/frame-59303-3-300x203.png

    Liquidity Provider

    Top 10 White Label Exchange Solutions in 2022

    https://liquidity-provider.com/app/uploads/2021/12/frame-611012-300x203.png

    Liquidity Provider

    What is Liquidity Mining?

    https://liquidity-provider.com/app/uploads/2021/12/untitled-design-4-300x203.png

    Liquidity Provider

    What is Yield Farming?

    https://liquidity-provider.com/app/uploads/2021/12/untitled-design-300x203.png

    Liquidity Provider

    What is the Difference Between Centralized and Decentralized Exchange?

    https://liquidity-provider.com/app/uploads/2021/11/untitled-design-17-300x203.png

    Liquidity Provider

    What You Should Know About Energy Liquidity?

    https://liquidity-provider.com/app/uploads/2021/11/frame-59309-4-300x203.png

    Liquidity Provider

    What is Prime of Prime Liquidity?

    https://liquidity-provider.com/app/uploads/2021/11/frame-59319-3-300x203.png
    • News
      • Stocks
      • Banks and Finance
      • Companies
      • Crypto
      • Forex
    • Articles
      • Forex CRM
      • Crypto Payments
      • Copy Trading
      • Crypto Exchange Business
      • Forex Business
      • Fintech
      • Liquidity
    • More
      • Videos
      • Liquidity Providers List
      • Crypto Payment Providers
    [email protected]

    © 2022 Liquidity Provider. All Rights Reserved

    Privacy Policy Cookie Policy