The shares of PayPal Holdings, Inc. (NASDAQ:PYPL) has been pegged with a rating of Buy by BofA/Merrill in its latest research note that was published on March 15th, 2019. The research company has also assigned a $116 price target. BofA/Merrill wasnâ€™t the only research firm that published a report of PayPal Holdings, Inc., with other equities research analysts also giving their opinion on the stock. Buckingham Research advised investors in its research note published on February 25th, 2019, to Neutral the PYPL stock while also putting a $99 price target. The stock had earned Neutral rating from Guggenheim when it published its report on February 6th, 2019. The stock was given Neutral rating by Atlantic Equities in its report released on February 1st, 2019. RBC Capital Mkts was of a view that PYPL is Outperform in its latest report on January 31st, 2019 while giving it a price target of $105. Oppenheimer thinks that PYPL is worth Outperform rating. This was contained in the firmâ€™s report on January 31st, 2019 in which the stockâ€™s price target was also moved to $100.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 14 believe it has the potential for further growth, thus rating it as Hold while 15 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $103.56. The price of the stock the last time has raised by 54.09% from its Week high price while it is raised higher than its 52-Week low price. A look at the stockâ€™s other technical shows that its 14-day RSI now stands at 71.21.
The shares of the company added by 0.06% during the trading session on Tuesday, reaching a low of $107.58 while ending the day at $108.20. During the trading session, a total of 3.76 million shares were traded which represents a 48.25% incline from the average session volume which is 7.27M shares. PYPL had ended its last session trading at 108.14. PayPal Holdings, Inc. currently has a market cap of $125.42B, while its P/E ratio stands at 62.65, while its P/E earnings growth sits at 8.12, with a beta of 1.03. PayPal Holdings, Inc. debt-to-equity ratio currently stands at 0.13, while its quick ratio hovers at 1.30. PYPL 52-week low price stands at $70.22 while its 52-week high price is $109.00.
The company in its last quarterly report recorded $0.69 earnings per share which is above the $0.67 predicted by most analysts. The PayPal Holdings, Inc. generated $4,226.00 million in revenue during the last quarter, which is slightly lower than the $4,238.80 million predicted by analysts. In the second quarter last year, the firm recorded $0.58 earnings per share. Compared to the same quarter last year, the firmâ€™s revenue was up by 15.94%. PayPal Holdings, Inc. has the potential to record 1.73 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Raymond James published a research note on April 4th, 2019 where it informed investors and clients that BB&T Corporation (NYSE:BBT) is now rated as Mkt Perform. Buckingham Research also rated BBT as Downgrade on February 25th, 2019, with its price target of suggesting that BBT could surge by 11.02% from its current share price. Even though the stock has been trading at $48.59/share, analysts expect it to surge higher by 1.89% to reach $55.64/share. It started the day trading at $49.57 and traded between $48.48 and $49.51 throughout the trading session.
A look at its technical shows that BBTâ€™s 50-day SMA is 49.32 while its 200-day SMA stands at 49.33. The stock has a high of $56.03 for the year while the low is $40.68. The companyâ€™s P/E ratio currently sits at 12.78, while the P/B ratio is 1.40. At the moment, only of BB&T Corporation shares were sold short. The companyâ€™s average trading volume currently stands at 6.12M shares, which means that the short-interest ratio is just 3.84 days. Over the past seven days, the company moved, with its shift of 3.36%. Looking further, the stock has raised 6.84% over the past 90 days while it gained 5.61% over the last six months.
The change in the stockâ€™s fortunes has led to several institutional investors altering their holdings of the stock. The Vanguard Group Inc bought more BBT shares, increasing its portfolio by +2.29% during the last quarter. This move now sees The Vanguard Group Inc purchasing 1,330,755 shares in the last quarter, thus it now holds 59,455,096 shares of BBT, with a total valuation of $2,766,445,617. BlackRock Fund Advisors meanwhile bought more BBT shares in the recently filed quarter, changing its stake to $1,778,409,543 worth of shares. SSgA Funds Management Inc followed the path by decreasing its BBT portfolio by -6.17% in the quarter. This means that SSgA Funds Management Inc sold -2,251,803 shares in the last quarter and now controls 34,263,366 shares of the BBT stock, with the valuation hitting $1,594,274,420.
Similarly, First Eagle Investment Management decreased its BB&T Corporation shares by -0.80% during the recently filed quarter. After selling -134,434 shares in the last quarter, the firm now controls 16,635,567 shares of BB&T Corporation which are valued at $774,052,933. In the same vein, Managed Account Advisors LLC decreased its BB&T Corporation shares by during the most recent reported quarter. The firm sold -2,408,986 shares during the quarter which decreased its stakes to 14,701,018 shares and is now valued at $684,038,368. Following these latest developments, around 0.30% of BB&T Corporation stocks are owned by institutional investors and hedge funds.