Sep. 11 at 6:26 PM
$SPY $QQQ
$PYPL
PayPal Holdings remains a “Buy” as its turnaround gains traction, supported by operational restructuring and cost-saving initiatives.
PYPL's 9.5x earnings multiple and >14% forward FCF yield highlight significant undervaluation relative to its improving fundamentals.
The new CEO’s three-unit structure and
$1.5 billion cost-cutting plan are driving margin improvements, with recent double-beat quarters and raised guidance.
T he balance sheet looked great The cash and equivalents item stood at
$15.3 billion against total debt of
$13.4 billion, giving PayPal a net cash position.