PayPal Holdings, Inc. (PYPL) Reaches $80.54 52-Week High; Ceva (CEVA) Shorts Up By 9.85%

January 14, 2018 - By Linda Rogers

The stock of PayPal Holdings, Inc. (NASDAQ:PYPL) hit a new 52-week high and has $86.18 target or 7.00% above today’s $80.54 share price. The 9 months bullish chart indicates low risk for the $96.80 billion company. The 1-year high was reported on Jan, 14 by Barchart.com. If the $86.18 price target is reached, the company will be worth $6.78 billion more. The stock increased 0.99% or $0.79 during the last trading session, reaching $80.54. About 6.89 million shares traded. PayPal Holdings, Inc. (NASDAQ:PYPL) has risen 31.18% since January 14, 2017 and is uptrending. It has outperformed by 14.48% the S&P500.

Ceva Incorporated (NASDAQ:CEVA) had an increase of 9.85% in short interest. CEVA’s SI was 727,200 shares in January as released by FINRA. Its up 9.85% from 662,000 shares previously. With 231,900 avg volume, 3 days are for Ceva Incorporated (NASDAQ:CEVA)’s short sellers to cover CEVA’s short positions. The SI to Ceva Incorporated’s float is 3.93%. The stock increased 0.98% or $0.45 during the last trading session, reaching $46.4. About 115,744 shares traded. CEVA, Inc. (NASDAQ:CEVA) has risen 66.60% since January 14, 2017 and is uptrending. It has outperformed by 49.90% the S&P500.

Among 10 analysts covering Ceva (NASDAQ:CEVA), 10 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Ceva had 26 analyst reports since July 31, 2015 according to SRatingsIntel. Wunderlich maintained the stock with “Buy” rating in Monday, November 2 report. The stock has “Buy” rating by Roth Capital on Wednesday, December 6. As per Monday, May 2, the company rating was maintained by Topeka Capital Markets. The firm has “Buy” rating given on Tuesday, November 3 by Canaccord Genuity. Oppenheimer maintained CEVA, Inc. (NASDAQ:CEVA) rating on Friday, August 4. Oppenheimer has “Buy” rating and $5000 target. Benchmark maintained CEVA, Inc. (NASDAQ:CEVA) on Tuesday, November 10 with “Buy” rating. Canaccord Genuity maintained it with “Buy” rating and $4500 target in Monday, July 10 report. The rating was upgraded by Ladenburg Thalmann to “Buy” on Monday, January 11. The company was maintained on Monday, August 14 by Canaccord Genuity. The stock of CEVA, Inc. (NASDAQ:CEVA) has “Buy” rating given on Tuesday, November 3 by Chardan Capital Markets.

Investors sentiment increased to 1.91 in Q3 2017. Its up 0.77, from 1.14 in 2017Q2. It increased, as 11 investors sold CEVA, Inc. shares while 34 reduced holdings. 27 funds opened positions while 59 raised stakes. 18.23 million shares or 1.36% less from 18.49 million shares in 2017Q2 were reported. Eagle Asset Mgmt invested in 0.02% or 93,921 shares. Cubist Systematic Strategies Ltd Company invested in 0.01% or 4,981 shares. Bnp Paribas Arbitrage invested 0% in CEVA, Inc. (NASDAQ:CEVA). Tiaa Cref Investment Mgmt Llc owns 0% invested in CEVA, Inc. (NASDAQ:CEVA) for 65,080 shares. Eam Invsts Lc reported 0.21% of its portfolio in CEVA, Inc. (NASDAQ:CEVA). Granahan Ma, Massachusetts-based fund reported 113,071 shares. Art Advsrs Lc holds 25,192 shares or 0.05% of its portfolio. Louisiana State Employees Retirement stated it has 0.02% of its portfolio in CEVA, Inc. (NASDAQ:CEVA). Aviance Mgmt Limited reported 107 shares. Jacobs Levy Equity Mgmt holds 34,292 shares or 0.03% of its portfolio. New York-based Ny State Teachers Retirement Systems has invested 0.01% in CEVA, Inc. (NASDAQ:CEVA). Sheets Smith Wealth Mgmt holds 0.2% of its portfolio in CEVA, Inc. (NASDAQ:CEVA) for 18,695 shares. Guggenheim Cap Ltd Liability Corp holds 45,671 shares. State Board Of Administration Of Florida Retirement Sys has invested 0% in CEVA, Inc. (NASDAQ:CEVA). Rhumbline Advisers has 0% invested in CEVA, Inc. (NASDAQ:CEVA) for 43,083 shares.

CEVA, Inc. licenses signal processing intellectual property technologies to semiconductor companies and original equipment manufacturers (OEMs) serving the mobile, consumer, automotive, industrial, and Internet-of Things (IoT) markets worldwide. The company has market cap of $1.02 billion. The firm licenses a family of programmable digital signal processor (DSP) cores and application-specific platforms for vision, imaging, and audio and voice, as well as long and short range wireless technologies, Wi-Fi, Bluetooth IPs, Serial ATA, and Serial Attached SCSI. It has a 54.14 P/E ratio. The Company’s technologies are licensed to semiconductor and OEM companies in the form of IP, which is used for the design, manufacture, market, and sale of application-specific integrated circuits and application-specific standard products to wireless, consumer electronics, and automotive companies for incorporation into a variety of end products.

Among 53 analysts covering PayPal Holdings Inc (NASDAQ:PYPL), 37 have Buy rating, 2 Sell and 14 Hold. Therefore 70% are positive. PayPal Holdings Inc had 168 analyst reports since July 23, 2015 according to SRatingsIntel. The stock of PayPal Holdings, Inc. (NASDAQ:PYPL) has “Buy” rating given on Friday, October 21 by Mizuho. The rating was maintained by Craig Hallum with “Buy” on Monday, November 20. RBC Capital Markets maintained it with “Buy” rating and $65.0 target in Tuesday, August 29 report. Credit Suisse maintained the stock with “Outperform” rating in Friday, October 20 report. The firm has “Buy” rating given on Sunday, July 30 by Renaissance Macro Securities LLC. Jefferies initiated the shares of PYPL in report on Tuesday, July 28 with “Buy” rating. As per Friday, May 27, the company rating was initiated by Needham. Jefferies maintained PayPal Holdings, Inc. (NASDAQ:PYPL) rating on Wednesday, October 11. Jefferies has “Buy” rating and $70.0 target. Deutsche Bank maintained it with “Buy” rating and $42 target in Thursday, September 3 report. The rating was downgraded by Stifel Nicolaus to “Hold” on Thursday, May 25.

PayPal Holdings, Inc. operates as a technology platform firm that enables digital and mobile payments on behalf of clients and merchants worldwide. The company has market cap of $96.80 billion. It enables businesses of various sizes to accept payments from merchant Websites, mobile devices, and applications, as well as at offline retail locations through a range of payment solutions, including PayPal, PayPal Credit, Braintree, Venmo, Xoom, and Paydiant products. It has a 62.92 P/E ratio. The company's platform allows clients to shop by sending payments, withdraw funds to their bank accounts, and hold balances in their PayPal accounts in various currencies.

Analysts await PayPal Holdings, Inc. (NASDAQ:PYPL) to report earnings on January, 25. They expect $0.38 EPS, up 11.76% or $0.04 from last year’s $0.34 per share. PYPL’s profit will be $456.73M for 52.99 P/E if the $0.38 EPS becomes a reality. After $0.34 actual EPS reported by PayPal Holdings, Inc. for the previous quarter, Wall Street now forecasts 11.76% EPS growth.

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