Wed, September 11, 2024

PayPal Stock Soars 13.08% in 3 Months, Market Cap Hits $69.04B

Paypal logo printed onto paper.

Quick Look:

  • PayPal’s stock rose by 13.08% in three months, reaching $66 per share, yet is undervalued with a GF Value of $97.66.
  • Boasts 426 million active accounts, with a high profitability rank and a strong operating margin of 16.96%.
  • Revenue growth per share is 14.20% over three years and is projected to grow 6.85% in the next 3-5 years.
  • Significant shareholders include Philippe Laffont and Steven Cohen, indicating strong market confidence.

Over the past three months, PayPal Holdings Inc. has experienced a notable rally in its stock price, appreciating by 13.08%. This surge has pushed the company’s market capitalisation to $69.04 billion. Currently, the stock price stands at $66 per share. In the most recent week alone, PayPal’s stock registered a gain of 5.14%, showcasing its robust performance in the short term. Despite this upward trend, PayPal’s GF Value, a proprietary measure indicating intrinsic value, significantly undervalues the stock, with the current value at $97.66 compared to a previous high of $104.53.

426M Active Accounts: PayPal’s Reach by End of 2023

In 2015, eBay spun off PayPal, a prominent player in the credit services industry. The company has established itself as a leader in electronic payment solutions, catering to a vast customer base with 426 million active accounts as of the end of 2023. The company’s portfolio includes the popular payment service Venmo, further strengthening its market presence.

PayPal’s Operating Margin at 16.96%, Leading Industry

PayPal’s profitability is exceptionally strong, earning a perfect rank of 10 out of 10. The company boasts an operating margin of 16.96%, outperforming 47.76% of its 379 industry peers. PayPal’s return on equity (ROE) is particularly impressive at 21.48%, surpassing 90.59% of the 510 companies in the same sector. Additionally, the return on assets (ROA) stands at 5.51%, while the return on invested capital (ROIC) is 18.99%, reflecting efficient management of its resources and investments.

PayPal’s Revenue Growth: 14.20% Over 3 Years, 16.20% Over 5

PayPal also excels in growth metrics, with a growth rank of 10 out of 10. The company’s revenue growth rate per share over the past three years has been 14.20%, and the five-year rate is even higher at 16.20%. PayPal anticipates a future total revenue growth rate of 6.85% over the next three to five years. Earnings per share (EPS) have also demonstrated solid growth, with a three-year rate of 16.50%, a five-year rate of 9.10%, and a projected future rate of 15.93%.

Top Shareholders: Philippe Laffont, Steven Cohen, Jim Simons

Among PayPal’s notable shareholders are some of the most influential names in the investment world. Philippe Laffont holds 8,041,327 shares, representing 0.77% of the company. Steven Cohen has a stake of 0.45%, while Jim Simons owns 0.22% of PayPal’s shares. Their investment underscores confidence in PayPal’s continued growth and market potential.

PayPal Competes with Capital One, Discover, Synchrony

In the competitive landscape, PayPal is formidable against major players in the credit services sector. Its primary competitors include Capital One Financial Corp, with a market capitalisation of $52.46 billion. Discover Financial Services, $30.92 billion, and Synchrony Financial, $17.31 billion. Despite the stiff competition, PayPal’s robust financial metrics and growth trajectory position it favourably in the market.

Strong Performance and Growth Potential

PayPal Holdings Inc. stands out as a dominant force in the credit services industry. It is backed by strong stock performance, impressive profitability, and robust growth metrics. The company shows a significant market capitalisation and a solid track record of innovation and customer growth. Therefore, PayPal is well-positioned to continue its upward trajectory, making it attractive for investors looking for stable yet growth-oriented opportunities.

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