3 Things You Need to Know If You Buy PayPal Today
Amid an uncertain macroeconomic environment, (NASDAQ: PYPL) continues posting healthy gains. Revenue and adjusted earnings per share were up 8% and 20%, respectively, in the third quarter.
While these were solid numbers, the stock isn't doing too well. It's down 20% so far this year, lagging the double-digit percentage gains of both the S 500 and the Nasdaq Composite indexes. Trading at a forward price-to-earnings ratio of just 11.4, it's a potentially lucrative investment opportunity.
If you're thinking about buying shares of this fintech pioneer today, here are three things to know about the business first.
Source Fool.com
Paypal Holdings Inc Stock
€65.20
0.260%
The stock is one of the favorites of our community with 70 Buy predictions and 3 Sell predictions.
As a result the target price of 75 € shows a slightly positive potential of 15.03% compared to the current price of 65.2 € for Paypal Holdings Inc.
