2024-05-08 16:00:00 ET
Summary
- PYPL's turnaround is here with growing Active users and expanding operating margins, as the management drives engagement and optimizes costs.
- The same has been observed in the raised consensus forward estimates, highlighting the reversing market sentiments surrounding its long-term prospects.
- Given the robust FCF generation and sustained share retirement, PYPL remains well capitalized to continue returning value to its existing shareholders.
- Combined with its inherent undervaluation compared to its peers and historical means, we believe the stock offers interested investors with the opportunity of a great upside potential.
We previously covered PayPal Holdings, Inc. ( PYPL ) in February 2024, discussing how the stock's excellent pre-earnings performance had exceeded expectations, with the management's weak FY2024 guidance unfortunately reversing its upward momentum....
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For further details see:
PayPal: New Growth Opportunities Observed - Promising Turnaround Could Be Ahead