The shares of PayPal Holdings Inc. (NASDAQ:PYPL) has been pegged with a rating of Buy by Guggenheim in its latest research note that was published on January 31, 2020. The Financial company has also assigned a $133 price target. Guggenheim wasn’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. The stock had earned Outperform rating from Credit Suisse Markets when it published its report on January 23, 2020. The stock was given Outperform rating by Bernstein in its report released on January 07, 2020, the day when the price target on the stock was placed at 130. Compass Point was of a view that PYPL is Buy in its latest report on December 05, 2019. Canaccord Genuity thinks that PYPL is worth Buy rating.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 4 believe it has the potential for further growth, thus rating it as Hold while 33 advised investors to purchase the stock. The consensus currently stands at a Buy while its average price target is $131.68. The price of the stock the last time has raised by 27.35% from its 52-Week high price while it is -2.97% than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 59.47.
The shares of the company dipped by -0.24% during the trading session on Wednesday, reaching a low of $117.87 while ending the day at $118.56. During the trading session, a total of 6.47 million shares were traded which represents a 4.64% incline from the average session volume which is 6.78 million shares. PYPL had ended its last session trading at $118.84. PayPal Holdings Inc. currently has a market cap of $140.4 billion, while its P/E ratio stands at 57.25, while its P/E earnings growth sits at 2.99, with a beta of 0.94. PayPal Holdings Inc. debt-to-equity ratio currently stands at 0.29, while its quick ratio hovers at 1.40 PYPL 52-week low price stands at $93.10 while its 52-week high price is $122.19.
The company in its last quarterly report recorded $0.67 earnings per share which is above the predicted by most analysts. The PayPal Holdings Inc. generated 7.35 billion in revenue during the last quarter. In the second quarter last year, the firm recorded $0.42 earnings per share. Compared to the same quarter last year, the firm’s revenue was up by 13.43%. PayPal Holdings Inc. has the potential to record 2.63 EPS for the current fiscal year, according to equities analysts.
Investment analysts at KeyBanc Capital Markets published a research note on October 09, 2019 where it informed investors and clients that CNX Resources Corporation (NYSE:CNX) is now rated as Sector Weight. Even though the stock has been trading at $6.16/share, analysts expect it to down by -0.49% to reach $9.80/share. It started the day trading at $6.51 and traded between $6.07 and $6.13 throughout the trading session.
A look at its technical shows that CNX’s 50-day SMA is 7.56 while its 200-day SMA stands at 7.68. The stock has a high of $11.27 for the year while the low is $6.09. The stock, however, witnessed a rise in its short on 01/31/20. Compared to previous close which recorded 26.47 M shorted shares, the short percentage went higher by 12.93%, as 29.89M PYPL shares were shorted. At the moment, only 14.48% of CNX Resources Corporation shares were sold short. The company’s P/E ratio currently sits at 4.05, while the P/B ratio is 0.26. The company’s average trading volume currently stands at 4.01M shares, which means that the short-interest ratio is just 6.60 days. Over the past seven days, the company moved, with its shift of -23.18%. Looking further, the stock has dropped -28.30% over the past 90 days while it lost -14.39% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The Southeastern Asset Management, In. sold more CNX shares, decreasing its portfolio by -3.07% during the last quarter. This move now sees The Southeastern Asset Management, In. selling -1,700,143 shares in the last quarter, thus it now holds 53,682,771 shares of CNX, with a total valuation of $388,126,434. BlackRock Fund Advisors meanwhile sold more CNX shares in the recently filed quarter, changing its stake to $145,321,590 worth of shares.
Similarly, Dimensional Fund Advisors LP decreased its CNX Resources Corporation shares by 1.30% during the recently filed quarter. After selling 16,216,442 shares in the last quarter, the firm now controls -212,987 shares of CNX Resources Corporation which are valued at $117,244,876. In the same vein, The Vanguard Group, Inc. decreased its CNX Resources Corporation shares by during the most recent reported quarter. The firm sold 95,362 shares during the quarter which decreased its stakes to 13,720,180 shares and is now valued at $99,196,901. Following these latest developments, around 1.00% of CNX Resources Corporation stocks are owned by institutional investors and hedge funds.