Posted 12/15/2023, 10:45:14 PM
PayPal Stock Dips Despite Strong Growth, Trades at Discount Valuations
- Paypal (PYPL) stock fell 1.03% in latest trading session, lagging behind broader market indexes like S&P 500 and Dow
- PYPL stock is up 8.89% over past month, outperforming sector and market
- Analysts expect PYPL to post Q4 EPS of $1.36, up 9.68% year-over-year, on revenue growth of 6.75% to $7.88B
- For full year 2022, consensus estimates call for EPS of $4.98, up 20.58%, and revenue of $29.6B, up 7.57%
- PYPL trades at discount to industry average valuations - Forward P/E of 12.43x vs 40.21x and PEG ratio of 0.77x vs 1.8x