Speaker 1: This is Your PayPal Daily News podcast. As of June sixteenth,
Speaker 1: twenty twenty five, PayPal Holding's ink pypl is trading at
Speaker 1: seventy dollars and eighty three cents per share. This price
Speaker 1: reflects a slight decline from the previous day's close of
Speaker 1: seventy four dollars and eighty one cents. The trading volume
Speaker 1: for PayPal has been relatively stable, with the stock's fifty
Speaker 1: day moving average at sixty eight dollars or fourth cents
Speaker 1: and a two hundred day moving average at seventy five
Speaker 1: dollars sixty seven. The company's market capitalization stands at approximately
Speaker 1: sixty eight and eighty eight billion dollars, indicating a significant
Speaker 1: presence in the financial services sector. Recently, BMO Capital Markets
Speaker 1: reduced their target price for PayPal from eighty three dollars
Speaker 1: to seventy nine dollars and maintained a market perform rating
Speaker 1: on the stock. This adjustment reflects a cautious outlook on
Speaker 1: the company's future performance, although it still suggests a neutral
Speaker 1: stance on the stock's potential. PayPal's latest quarterly earnings report,
Speaker 1: released on April twenty ninth, twenty two, twenty five showed
Speaker 1: a net margin of thirteen point oh four percent and
Speaker 1: a return on equity of twenty three point six seven percent.
Speaker 1: The company reported earnings per share EPs of dollars thirty
Speaker 1: three cents, exceeding analysts consensus estimates by seven sevens. Revenue
Speaker 1: for the quarter was seven point seven nine billion, is
Speaker 1: slightly below the estimated's eight eighty four billion dollar but
Speaker 1: still indicating a positive trend. In terms of stock performance,
Speaker 1: PayPal has been in an uptrend since July six, twenty fifteen.
Speaker 1: According to recent forecasts. The one year forecast predicts a
Speaker 1: price of seventy nine dollars and two seven six cents,
Speaker 1: representing an increase of approximately eleven point nine two percent
Speaker 1: from the current price. This projection suggests that investors may
Speaker 1: see a potential upside in the coming year. Overall, while
Speaker 1: recent analyst updates and earnings reports indicate a stable but
Speaker 1: slightly cautious outlook for PayPal, the company's long term trend
Speaker 1: and historical performance suggest continued growth potential. As of net now,
Speaker 1: the stock price remains competitive, making it an attractive option
Speaker 1: for investors looking to diversify their portfolios in the financial
Speaker 1: services sector, and that is it for today, Hit the
Speaker 1: subscribe button and never miss out. Thanks for listening,