Categories Earnings, Finance

PayPal (PYPL) is set to scale new heights: How to cash in on the bull run

For PayPal Holdings (NASDAQ: PYPL), 2019 has been a fruitful year as far as its overall performance is concerned. The stock witnessed a steady growth during the period. Electronic payment service is one of the fast-growing businesses across the world and PayPal looks well prepared to tap the opportunity.

With more and more consumers and merchants going digital, the uptrend will continue in the coming years. The trend is evident from the faster pace at which e-commerce sales grew this year, compared to conventional retail sales. The superior consumer experience being offered by PayPal, facilitating convenient navigation on the platform, gives it an edge over competitors like Shopify (SHOP).

Outlook

The management is looking for double-digit revenue growth in the final three months of the year, betting on the recent expansion into the Chinese market. A statement issued by CEO John Rainey, after completing the acquisition of China-based payment technology provider GoPlay recently, indicates that more buyouts are in the pipeline.

paypal Q3 2019 earnings infographic

As the number of people using the PayPal network increases, there will be a corresponding growth in the number of merchants wanting to join the platform. From an investment perspective, PayPal is reasonably priced, compared to Shopify which has a higher valuation. The stock, which retreated from its peak earlier this year, has ample room for further growth. Analysts, in general, have aptly assigned buy rating on it, with a price target of $126.

More Deals

The management is expected to continue with the strategy of expanding through multiple partnerships, with focus on the company’s core business of electronic payment service. Meanwhile, PayPal will have to keep investing in infrastructure, in line with the rapid evolution of the industry, which will likely restrict margin growth in the coming quarters.

Solid User Growth

The number of active accounts rose by 16% to 295 million in the third quarter, while payment transactions and total payment volume increased to 3.1 billion and $179 billion respectively. As a result, revenues and earnings topped expectations.

Also see: PayPal Q3 2019 Earnings Conference Call Transcript

PayPal is one of the few firms that managed to increase market value consistently over the years. The stock gained 25% since the beginning of the year.

We’re on Apple News! Follow us to receive the latest stock market, earnings and financial news at your fingertips

Most Popular

Take-Two Interactive Software (TTWO) Earnings: 4Q24 Key Numbers

Take-Two Interactive Software, Inc. (NASDAQ: TTWO) reported net revenue of $1.40 billion for the fourth quarter of 2024, which was down 3% year-over-year. Net loss was $2.90 billion, or $17.02

Applied Materials (AMAT) Earnings: 2Q24 Key Numbers

Applied Materials, Inc. (NASDAQ: AMAT) reported revenue of $6.65 billion for the second quarter of 2024, which remained flat year-over-year. GAAP net income increased 9% to $1.72 billion and EPS

What to expect when Macy’s (M) reports its Q1 2024 earnings results

Shares of Macy’s, Inc. (NYSE: M) stayed green on Thursday. The stock has gained 23% over the past 12 months. The retailer is scheduled to report its first quarter 2024

Comments

  1. Pingback: Beverly Bultron
  2. Pingback: Reba Fleurantin
  3. Pingback: help allergies
  4. Pingback: organic sunscreen
  5. Pingback: scar serum
  6. Pingback: Click Here
  7. Pingback: Click Here
  8. Pingback: Click Here
  9. Pingback: Click Here
  10. Pingback: Click Here
  11. Pingback: Click Here
  12. Pingback: Click Here
  13. Pingback: Click Here
  14. Pingback: Click Here
  15. Pingback: Click Here
  16. Pingback: Click Here
  17. Pingback: Click Here
  18. Pingback: Click Here
  19. Pingback: Click Here
  20. Pingback: Click Here
  21. Pingback: Click Here
  22. Pingback: Click Here
  23. Pingback: Click Here
  24. Pingback: Click Here
  25. Pingback: Click Here
  26. Pingback: Click Here
  27. Pingback: no code robotics
  28. Pingback: Click Here
  29. Pingback: Click Here
  30. Pingback: Click Here
  31. Pingback: Click Here
  32. Pingback: Click Here
  33. Pingback: Click Here
  34. Pingback: Click Here
  35. Pingback: Click Here
  36. Pingback: Click Here
  37. Pingback: Click Here
  38. Pingback: Click Here
  39. Pingback: Click Here
  40. Pingback: Click Here
  41. Pingback: Click Here
  42. Pingback: Click Here
  43. Pingback: Click Here
  44. Pingback: Click Here
  45. Pingback: Click Here
  46. Pingback: Click Here
  47. Pingback: Click Here
  48. Pingback: Click Here
  49. Pingback: Click Here
  50. Pingback: Click Here
  51. Pingback: Click Here
  52. Pingback: Click Here
  53. Pingback: Click Here
  54. Pingback: Click Here
  55. Pingback: Click Here
  56. Pingback: Click Here
  57. Pingback: Click Here
  58. Pingback: Click Here
  59. Pingback: Click Here
  60. Pingback: Click Here
  61. Pingback: Click Here
  62. Pingback: Click Here
  63. Pingback: Click Here
  64. Pingback: Click Here
  65. Pingback: Click Here
  66. Pingback: Click Here
  67. Pingback: Click Here
  68. Pingback: Click Here
  69. Pingback: Click Here
  70. Pingback: Click Here
  71. Pingback: Click Here
  72. Pingback: Click Here
  73. Pingback: Click Here
  74. Pingback: Click Here
  75. Pingback: Click Here
  76. Pingback: Click Here
  77. Pingback: Click Here
  78. Pingback: Click Here
  79. Pingback: Click Here
  80. Pingback: Click Here
  81. Pingback: domains
  82. Pingback: best-domains
  83. Pingback: start a business
  84. Pingback: realtor advertise
  85. Pingback: Google reviews
  86. Pingback: 2023 Books
  87. Pingback: obituaries
  88. Pingback: burial place
  89. Pingback: rip
  90. Pingback: funeral director
  91. Pingback: IRA Empire
  92. Pingback: Chirurgie Tunisie
  93. Pingback: Admissions process
  94. Pingback: Faculty success
  95. Pingback: Research databases
  96. Pingback: Economics
  97. Pingback: Vacuum pumps
  98. Pingback: Vacuum pumps
  99. Pingback: College systems
  100. Pingback: Pharmacognos
  101. Pingback: MBA
  102. Pingback: fue contact
  103. Pingback: Academic Policies
  104. Pingback: fue
  105. Pingback: metanail serum pro
  106. Pingback: Fiverr Earn
  107. Pingback: fiverrearn.com
  108. Pingback: fiverrearn.com
  109. Pingback: fiverrearn.com
  110. Pingback: prodentim buy
  111. Pingback: TLI
  112. Pingback: fiverrearn.com
  113. Pingback: fiverrearn.com
  114. Pingback: fiverrearn.com
  115. Pingback: fiverrearn.com
  116. Pingback: seo in Bahrain
  117. Pingback: 18k gold plated
  118. Pingback: future university
  119. Pingback: future university
  120. Pingback: future university
  121. Pingback: future university
  122. Pingback: future university
  123. Pingback: future university
  124. Pingback: daftar multisbo
  125. Pingback: FiverrEarn
  126. Pingback: grey bulldog
  127. Pingback: Lean
  128. Pingback: Warranty
  129. Pingback: FUE
  130. Pingback: FUE
  131. Pingback: FUE
  132. Pingback: FUE
  133. Pingback: Safe moving
  134. Pingback: Fiverr
  135. Pingback: FiverrEarn
  136. Pingback: FiverrEarn
  137. Pingback: Media
  138. Pingback: Streamer
  139. Pingback: partners
  140. Pingback: Econometrics
  141. Pingback: FiverrEarn
  142. Pingback: FiverrEarn
  143. Pingback: FiverrEarn
  144. Pingback: FiverrEarn
  145. Pingback: live sex cams
  146. Pingback: live sex cams
  147. Pingback: FiverrEarn
  148. Pingback: FiverrEarn
  149. Pingback: FiverrEarn
  150. Pingback: FiverrEarn
  151. Pingback: FiverrEarn
  152. Pingback: FiverrEarn
  153. Pingback: dictionary
  154. Pingback: education
  155. Pingback: Slot Online
  156. Pingback: cheap sex cams
  157. Pingback: fullersears.com
  158. Pingback: rare breed-trigger
  159. Pingback: 늑대닷컴
  160. Pingback: nang delivery
  161. Pingback: allgame
  162. Pingback: 918kiss
  163. Pingback: หวย24
  164. Pingback: Makeup products
  165. Pingback: pg slot
  166. Pingback: AI Attorney
  167. Pingback: regles 421
  168. Pingback: Dating Classes
  169. Pingback: catskills hotel
  170. Pingback: 38/40 ammo
  171. Pingback: weight loss
  172. Pingback: SaaS Attorney
  173. Pingback: rssi salaire
  174. Pingback: omegle text chat
  175. Pingback: random text chat
  176. Pingback: joker gaming
  177. Pingback: jobs
  178. Pingback: karachi jobs
  179. Pingback: delhi jobs

Comments are closed.

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top