The character encoding of this report is UTF-8 (8-bit UCS/Unicode Transformation Format).For instance, 100,00 yen and $100.00 USD are both represented as 10000. Amounts should be interpreted by the debit or credit column to ensure that the right direction of the amount is recorded. Money amount fields are unsigned, with no currency symbol, decimal separator, or other punctuation.This report includes alternative payment methods (APMs).The report format is CSV (comma-separated value). This report is generated and placed on SFTP on a 24-hour basis.Contact your PayPal account manager to request access to this report. You must be an approved merchant to use this report.The Transaction Detail Report is available through PayPal’s website or the Secure Dropbox, which is defined and described in the Secure FTP Server Specification. The report provides details on individual payments made for any single day within the past 45 days. The report also summarizes total debits and credits for each currency held by the accounts. The Transaction Detail Report gives merchants and processing partners detailed information about each transaction occurring in the account, whether they affect the balance or not. The Transaction Detail Report is for use by any merchant or payment processing partner. The average PayPal stock price target is $88.56, implying 37.8% upside potential.Reports / SFTP Reports / Transaction Details Transaction Detail Report Specificationĭocs Current Last updated: May 30th 2023, 7:23:32 pm On TipRanks, PYPL is a Moderate Buy based on 20 Buys and 12 Hold ratings assigned by analysts in the past three months. Is PYPL Stock a Buy, According to Analysts? Again, I don't see anything terrible or unfixable happening here. That's higher than the 429 million active accounts that PayPal had in the year-earlier quarter, but it's also lower than the 433 million active accounts the company reported in Q1 2023. It's also possible that investors are concerned about PayPal's active accounts, which totaled 431 million in Q2 2023. To me, that doesn't sound like a horrendous drop in PayPal's profit margins, but evidently, the market is choosing to see the glass as half-empty. However, this result represents a decline from 22.7% in 2023's first quarter. As it turned out, PayPal reported a non-GAAP operating margin of 21.4% for the second quarter, up 228 basis points year-over-year. Perhaps, that's because PayPal's margins aren't really all that bad. At the same time, Jessurun hasn't changed his Buy rating and his $90 price target on PYPL stock. Jessurun, the BTIG analyst I mentioned earlier, acknowledged that PayPal's margins fell short of Wall Street's expectations. PayPal has had to deal with this issue just like many other businesses, but somehow, the market isn't willing to forgive PayPal for its declining margins. Profit margins have been a major concern of businesses generally, especially during the second quarter, when inflation was still elevated and reduced companies' profits. Here's the billion-dollar question: If PayPal delivered numerous positive data points in Q2, why did PYPL stock drop on high volume? The answer, for the most part, has to do with PayPal's declining margins. With all of those positive data points in mind, we now have to figure out why traders would choose to sell their PayPal shares. In addition, the company's total payment volume of $376.5 billion exceeded Wall Street's consensus estimate of $368.87 billion.Īs far as operating highlights go, PayPal increased its payment transactions by 10% to 6.1 billion and boosted its total payment volume (TPV) by 11% to the aforementioned $376.5 billion. Furthermore, PayPal generated revenue of $7.3 billion, up 7% year-over-year and topping analysts' call for $7.27 billion. Does this mean that PayPal posted a slew of disappointing data points? Not at all - in actuality, the company beat analysts' earnings expectations and provided plenty of fodder for the bulls.įor one thing, PayPal reported non-GAAP EPS of $1.16, while analysts had called for $1.15 per share. PayPal stock fell by over 12% today, the day after the company released its second-quarter 2023 earnings results. PayPal Beats the Street, but the Stock Still Tanks Contrarian traders should consider whether the crowd is overreacting and whether now is the time to buy what others are selling. Now, all of a sudden, investors are overwhelmingly bearish about PayPal stock (though analysts might not be). However, the tide of sentiment can turn quickly in the financial markets.
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