Is It Too Late to Buy PayPal Stock?
's (NASDAQ: PYPL) stock plunged 12% on Aug. 3 after the digital payments leader posted its second-quarter earnings report. Its revenue rose 7% year over year to $7.29 billion, just narrowly beating analysts' estimates. Its adjusted earnings grew 24% to $1.16 per share and matched the consensus forecast.
Those headline numbers weren't disastrous, but a deeper dive exposes a few red flags. Let's review those issues and see if it's too late to bet on PayPal's turnaround.
Image source: Getty Images.
Source Fool.com
Paypal Holdings Inc Aktie
72,04 €
0,56 %
Hohe Buy- und niedrige Sell-Zahlen bei Paypal Holdings Inc zeigen ein stark positives Sentiment.
Ein positives Kurspotenzial für Paypal Holdings Inc ist gegeben, mit einem Kursziel von 75 € über dem aktuellen Kurs von 72.04 €.
