Nayax Ltd. (NASDAQ:NYAX - Get Free Report) has received an average rating of "Hold" from the eight analysts that are presently covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and four have given a buy recommendation to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $75.76.
A number of analysts have recently commented on NYAX shares. Barclays lowered their price target on Nayax from $75.00 to $68.00 and set an "equal weight" rating for the company in a research note on Tuesday, August 11th. Keefe, Bruyette & Woods upgraded shares of Nayax from a "market perform" rating to an "outperform" rating and set a $75.00 price objective for the company in a report on Friday, August 14th. Wall Street Zen downgraded shares of Nayax from a "hold" rating to a "sell" rating in a research note on Saturday, May 16th. Zacks Research upgraded shares of Nayax from a "strong sell" rating to a "hold" rating in a report on Wednesday, July 1st. Finally, UBS Group reissued a "neutral" rating and set a $70.00 price target on shares of Nayax in a research report on Tuesday, August 11th.
Read Our Latest Analysis on NYAX
Nayax Stock Performance
NYAX stock opened at $51.05 on Monday. Nayax has a twelve month low of $39.17 and a twelve month high of $76.86. The company has a quick ratio of 2.03, a current ratio of 2.12 and a debt-to-equity ratio of 1.43. The company has a market cap of $1.87 billion, a P/E ratio of 243.10 and a beta of 0.47. The business's fifty day moving average is $62.10 and its 200-day moving average is $62.22.
Nayax (NASDAQ:NYAX - Get Free Report) last announced its quarterly earnings data on Tuesday, August 11th. The company reported $0.14 EPS for the quarter, topping analysts' consensus estimates of $0.09 by $0.05. Nayax had a return on equity of 10.45% and a net margin of 1.74%.The business had revenue of $122.59 million during the quarter, compared to analysts' expectations of $116.75 million. Equities research analysts forecast that Nayax will post 0.75 EPS for the current year.
Insider Buying and Selling
In other Nayax news, insider Eden Zafrani sold 500 shares of the stock in a transaction dated Tuesday, June 30th. The stock was sold at an average price of $64.89, for a total value of $32,445.00. Following the completion of the sale, the insider directly owned 14,869 shares in the company, valued at $964,849.41. This represents a 3.25% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Sagit Manor sold 1,252 shares of the firm's stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $66.74, for a total value of $83,558.48. Following the sale, the chief financial officer directly owned 45,238 shares in the company, valued at approximately $3,019,184.12. This represents a 2.69% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders have sold 4,217 shares of company stock valued at $280,726.
Institutional Trading of Nayax
A number of large investors have recently bought and sold shares of NYAX. Public Employees Retirement System of Ohio lifted its stake in Nayax by 9.3% in the fourth quarter. Public Employees Retirement System of Ohio now owns 3,894 shares of the company's stock valued at $197,000 after buying an additional 330 shares in the last quarter. Russell Investments Group Ltd. increased its position in shares of Nayax by 210.5% during the second quarter. Russell Investments Group Ltd. now owns 590 shares of the company's stock worth $30,000 after acquiring an additional 400 shares in the last quarter. Vanguard Personalized Indexing Management LLC raised its holdings in shares of Nayax by 8.0% during the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 8,058 shares of the company's stock worth $407,000 after acquiring an additional 594 shares during the period. Osaic Holdings Inc. acquired a new stake in shares of Nayax during the second quarter worth $33,000. Finally, Geode Capital Management LLC lifted its position in Nayax by 2.0% in the 4th quarter. Geode Capital Management LLC now owns 36,139 shares of the company's stock valued at $1,825,000 after acquiring an additional 715 shares in the last quarter. 34.87% of the stock is owned by institutional investors.
About Nayax
(
Get Free Report)
Nayax Ltd. is a global fintech company specializing in cashless payment solutions, telematics and management services for unattended retail environments. Founded in 2005 and headquartered in Israel, Nayax develops hardware and software platforms that enable vending machines, kiosks, laundromats, e-commerce and self-checkout points to accept a wide range of payment methods, including credit and debit cards, mobile wallets and contactless NFC transactions.
The company’s product portfolio comprises proprietary point-of-sale terminals—such as the VPOS and Carbon series—as well as a cloud-based management suite known as the Monyx platform.
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