From Nasdaq: 2024-11-12 11:16:00

PayPal (PYPL) shares are attractively priced in the Internet Software industry with a Value Score of B. Trading at a discount with a forward P/E of 17.91X compared to the industry’s 34.87X, it presents an opportunity for investors. PYPL’s strong portfolio has led to a 41.6% return year-to-date, outperforming the sector and industry.

The company’s expanding partner base, including collaborations with Fiserv, Amazon, and Shopify, is driving growth. PayPal anticipates high teens earnings growth for 2024 and expects revenues to grow by 6.39%. Despite expecting lower Braintree volume, the company’s positive outlook makes it an attractive long-term investment.

Investors should consider PayPal’s robust portfolio and cheap valuation when deciding on PYPL shares. While the stock is currently rated as a Hold, its growth prospects and partnerships with key companies like Amazon and Apple make it a promising investment. Consider waiting for a more favorable entry point due to expected expenses affecting profits.



Read more at Nasdaq: PayPal Trading Lower Than Industry at 17.91X PE: Buy, Hold or Sell?