PayPal Stock Climbs Nearly 10% in Past Month Despite Cautious 2023 EPS Outlook
-
PayPal (PYPL) stock has climbed 9.48% in the past month, outpacing the market and technology sector.
-
PYPL is expected to report Q4 EPS of $1.16, down 0.85% year-over-year, and revenue of $7.51 billion, up 6.7%.
-
Full year 2023 EPS estimate is $4.98, down 2.35%, and revenue is projected at $31.93 billion, up 7.27%.
-
PYPL has a forward P/E ratio of 13.02, cheaper than its industry average of 30.73. Its PEG ratio is 1.16.
-
PYPL has a Zacks Rank #3 (Hold). Positive estimate revisions reflect analyst optimism and link to future stock performance.