PayPal Holdings Inc
PYPL: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$873.00 | Cwvjjtw | Dydtxgy |
PayPal Earnings: Focus on Profitable Growth Pays Off
We think PayPal’s second quarter showed new CEO Alex Chriss making good progress in his attempts to shift the company toward a focus on profitable growth, and we believe the results support our view that the narrow-moat company can get back on track. We will maintain our $104 fair value estimate and see shares as materially undervalued.