1.4 Trillion Reasons to Like PayPal Stock
During the second quarter, (NASDAQ: PYPL) reported revenue of $7.3 billion and adjusted earnings per share of $1.16, both of which exceeded Wall Street estimates. The stock hasn't performed well, though, and it's down 19% since the earnings announcement and 42% in the past 12 months.
Investors are probably concerned that this fintech company isn't producing double-digit top-line growth anymore, especially after the monster gains of the past several years. However, there are still 1.4 trillion reasons to like the stock.
Let's take a closer look at one key metric PayPal shareholders need to know about.
Source Fool.com
Paypal Holdings Inc Aktie
61,64 €
-0,42 %
Die Community sieht Paypal Holdings Inc positiv: Viel mehr Buy- als Sell-Einschätzungen.
Ein Kursziel von 75 € für Paypal Holdings Inc könnte zu einer Steigerung von mehr als 20% gegenüber dem aktuellen Kurs von 61.64 € führen.
