WEBVTT

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<v Speaker 1>PayPal open trading today, with the share price just over

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<v Speaker 1>sixty eight United States dollars, which puts it toward the

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<v Speaker 1>lower end of its twelve month range between fifty five

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<v Speaker 1>and ninety three United States dollars. So far this session,

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<v Speaker 1>trading volume is significantly lighter than usual, with about three

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<v Speaker 1>and a half million shares exchanged versus an average daily

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<v Speaker 1>volume of nearly eight and a half million. This suggests

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<v Speaker 1>the market may be in a weight and see mode,

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<v Speaker 1>possibly watching for further news or clarification about PayPal strategy.

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<v Speaker 1>The most recent quarterly report was released at the end

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<v Speaker 1>of July and showed PayPal exceeding profit expectations. The company

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<v Speaker 1>reported one dollar and forty cents in earnings per share,

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<v Speaker 1>besting estimates by ten cents, and generated eight billion, two

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<v Speaker 1>hundred ninety million United States dollars in revenue for a quarter,

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<v Speaker 1>also above analyst forecasts. Net margins remain healthy at over

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<v Speaker 1>fourteen per cent, and the company's return on equity is

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<v Speaker 1>a robust twenty five percent. Forward guidance for the rest

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<v Speaker 1>of the fiscal year points to earnings per share in

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<v Speaker 1>the five dollars and fifteen to five dollars and thirty

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<v Speaker 1>cent range, on the higher end of analyst consensus. In

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<v Speaker 1>terms of analyst activity, the last two months have seen

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<v Speaker 1>a flurry of updated ratings and price targets. Morgan Stanley

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<v Speaker 1>and Royal Bank of Canada are keeping positive outlooks, while

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<v Speaker 1>Seaport Research Partners recently upgraded PayPal from strong sell to hold.

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<v Speaker 1>The average price target among Wall Street analysts is clustered

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<v Speaker 1>near eighty five United States dollars, implying significant potential upside

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<v Speaker 1>from current levels. There is a leaning toward buy or

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<v Speaker 1>hold ratings, with the consensus estimate now a hold and

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<v Speaker 1>only two major analysts carrying a cell recommendation. There have

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<v Speaker 1>been no transformative company developments or large partnerships announced in

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<v Speaker 1>recent weeks. The most prominent recent headlines involve significant institutional

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<v Speaker 1>trading activity, with some firms accumulating shares and others pairing back. Overall,

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<v Speaker 1>the stock has edged modestly lower in recent sessions, reflecting

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<v Speaker 1>a technical retracement after a brief upswing over the past month.

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<v Speaker 1>Current technical signals are mixed, with some cautious optimism for

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<v Speaker 1>near term appreciation, but lingering skepticism about PayPal's ability to

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<v Speaker 1>return to its prior growth trajectory without a major new catalyst,