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Good Morning Traders,
With the close of November 21, Lift-Off proposes a SHORT trading signal on the US stock PayPal Holdings Inc (Ticker: PYPL) listed on the NASDAQ and part of the S&P500 Index.
The stock is set to close at USD 80.63 per share, marking a -5.05%.
The company operates in the "Financial Services" industry specifically in the "Credit Services Industry"
Financial robustness figures are good, the Cash-To-Debt figure is 1.02 the WACC vs. positive ROIC, Positive ROIC, The financial stress indicators are not very positive.
The profitability level data is very high, the data compared to the companies in the same industry is good, but very the worst data compared to its past, the ROE positive.
The 3-year future projection is seen to be upward compared to current prices.
Right now the price is extremely undervalued relative to the intrinsic value attributed to it, but at this time of probable recession this sector could go down further.
Year-on-year sales are up, net income stable in 2020 and 2021. In Q3'22 net income is up sharply from previous reading, going from negative to positive.
Debt rising sharply from 2017 and rising sharply in 2020, remaining stable in 2021. In Q3'22, debt remains stable from previous reading.
Free cash flow increasing in the last 2 years. In Q3'22 had an uptick from the previous quarter marking +37.33% YoY.
Next earnings announcement for Q4 2022: 01February 2023
Q2 2022 Results
EPS: Reported 1.08 / Expected 0.98 / Previous 0.93
Turnover: Reported 6.85B / Forecast 6.82B / Previous 6.81B
Below chart of PayPal Holdings Inc - PYPL - with signal detected by Lift-Off
Some information about PayPal Holdings Inc
PayPal Holdings, Inc. is engaged in the development of technology platforms for digital payments. Its solutions include PayPal, PayPal Credit, Braintree, Venmo, Xoom and Paydiant products. The company operates a bilateral proprietary global technology platform that connects customers, consisting of both merchants and consumers, to facilitate the processing of payment transactions. It allows its customers to use their accounts to both purchase and pay for goods, as well as transfer and withdraw funds. The company also allows consumers to exchange funds with merchants using funding sources, which include bank account, PayPal account balance, PayPal credit account, credit and debit card, or other stored value products. It offers consumers person-to-person payment solutions through its PayPal website and mobile app, Venmo and Xoom. The company was founded in December 1998 and is headquartered in San Jose, California.
Financial Overview: PYPL's current market capitalization is $96,811B USD. The next earnings release date for PayPal Holdings, Inc is Feb. 1. The estimate is US$1.19.
Accounts, including revenue, expenses, profit and loss: PYPL's total revenue for the latest quarter is US$6.69B, down 0.13% from the previous quarter. Net income in Q3 22 is 1.33B USD.
Source overview data and accounts: Tradingview.com
Signal board of November 22, 2022
SHORT - PayPal Holdings Inc - PYPL
Input price: 80.63 USD (and any opening price)