Nayax Ltd. (NASDAQ:NYAX) Stock Has Consensus Target Price of $75.76 According to Brokerages

Key Points

• Analyst sentiment is mixed: Eight firms have a consensus “Hold” rating, with four buys, three holds and one sell. The average 12-month price target is $75.76, although some firms recently reduced targets, including Barclays to $68.
• Nayax exceeded quarterly expectations, reporting EPS of $0.14 versus the $0.09 consensus and revenue of $122.59 million versus $116.75 million expected. Insiders also showed confidence, led by a CEO purchase of roughly $4.61 million in shares.
• The stock remains under pressure and richly valued: Shares opened at $44.75, well below the $76.86 52-week high and below both key moving averages, while the price-to-earnings ratio stands at 213.10. Institutional investors and hedge funds own 34.87% of the company.

Nayax Ltd. (NASDAQ:NYAX - Get Free Report) has been given an average recommendation of "Hold" by the eight ratings firms that are currently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, three have given a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $75.76.

A number of research firms recently issued reports on NYAX. Zacks Research raised Nayax from a "strong sell" rating to a "hold" rating in a research report on Wednesday, July 1st. Barclays cut 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. Weiss Ratings lowered Nayax from a "sell (d+)" rating to a "sell (d)" rating in a report on Tuesday. Keefe, Bruyette & Woods raised Nayax from a "market perform" rating to an "outperform" rating and set a $75.00 price target for the company in a research note on Friday, August 14th. Finally, UBS Group restated a "neutral" rating and issued a $70.00 price objective on shares of Nayax in a report on Tuesday, August 11th.

Nayax Stock Up 5.0%

NYAX stock opened at $44.75 on Friday. Nayax has a 12-month low of $39.17 and a 12-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 $1.64 billion, a price-to-earnings ratio of 213.10 and a beta of 0.43. The company has a 50 day moving average of $55.17 and a two-hundred day moving average of $61.24.

Nayax (NASDAQ:NYAX - Get Free Report) last posted its quarterly earnings results on Tuesday, August 11th. The company reported $0.14 EPS for the quarter, beating the consensus estimate of $0.09 by $0.05. Nayax had a net margin of 1.74% and a return on equity of 10.45%. The business had revenue of $122.59 million for the quarter, compared to analysts' expectations of $116.75 million. On average, equities analysts anticipate that Nayax will post 0.75 earnings per share for the current fiscal year.

Nayax News Roundup

Here are the key news stories impacting Nayax this week:

• Positive Sentiment: CEO Yair Nechmad purchased 104,511 shares at an average price of $44.09, investing approximately $4.61 million and increasing his direct ownership by 1.43%. The purchase is a notable signal of management confidence in Nayax’s long-term prospects. CEO insider purchase filing
• Positive Sentiment: Director David Ben-Avi made four additional purchases between September 17 and September 24, acquiring a combined 3,368 shares for roughly $145,000. Although small relative to his existing stake, the repeated buying adds to the overall insider-confidence signal. Nayax insider buying report
• Positive Sentiment: Nayax’s latest quarterly results exceeded expectations, with earnings per share of $0.14 versus a $0.09 consensus estimate and revenue of $122.59 million versus expectations of $116.75 million. This provides fundamental support for the recent buying interest.
• Neutral Sentiment: A report stated that short interest totaled zero shares, implying no days to cover. Because the figure conflicts with the description of a “large increase” in short interest, investors should treat the data cautiously until confirmed.
• Neutral Sentiment: Institutional ownership is 34.87%, with several funds recently initiating or increasing positions. This suggests some professional-investor interest but does not establish a broad consensus.
• Negative Sentiment: The shares remain substantially below their 52-week high and below both the 50-day and 200-day moving averages. Nayax also trades at a very elevated earnings multiple, while the analyst consensus remains “Hold,” with target-price reductions from some firms.

Insider Buying and Selling

In other Nayax news, CEO Yair Nechmad purchased 104,511 shares of the business's stock in a transaction dated Thursday, September 24th. The shares were acquired at an average price of $44.09 per share, for a total transaction of $4,607,889.99. Following the acquisition, the chief executive officer owned 7,433,558 shares of the company's stock, valued at $327,745,572.22. This trade represents a 1.43% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider David Ben-Avi acquired 700 shares of Nayax stock in a transaction that occurred on Wednesday, September 23rd. The stock was acquired at an average cost of $43.07 per share, with a total value of $30,149.00. Following the purchase, the insider owned 6,592,402 shares in the company, valued at $283,934,754.14. The trade was a 0.01% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last three months, insiders purchased 107,879 shares of company stock valued at $4,752,860 and sold 4,467 shares valued at $257,609.

Hedge Funds Weigh In On Nayax

Hedge funds have recently bought and sold shares of the business. Altshuler Shaham Ltd increased its position in shares of Nayax by 5.0% during the 1st quarter. Altshuler Shaham Ltd now owns 36,220 shares of the company's stock worth $2,026,000 after purchasing an additional 1,731 shares in the last quarter. Public Employees Retirement System of Ohio bought a new position in Nayax during the 2nd quarter valued at about $239,000. Bank of America Corp DE boosted its position in Nayax by 1,607.2% in the first quarter. Bank of America Corp DE now owns 9,270 shares of the company's stock valued at $519,000 after buying an additional 8,727 shares in the last quarter. Tidal Investments LLC acquired a new position in Nayax in the second quarter valued at about $650,000. Finally, Y.D. More Investments Ltd grew its stake in Nayax by 3.1% during the first quarter. Y.D. More Investments Ltd now owns 865,171 shares of the company's stock worth $48,387,000 after buying an additional 25,694 shares during the last quarter. 34.87% of the stock is owned by institutional investors and hedge funds.

About Nayax

Nayax Ltd. NASDAQ: NYAX is a global financial technology and commerce enablement company that provides payment processing, management software and business intelligence solutions for unattended and self-service markets. Its platform helps businesses accept and manage cashless transactions while monitoring equipment, customer activity and operational performance.

The company's products and services are used across industries including vending, electric vehicle charging, fuel and convenience retail, parking, laundromats, hospitality and other automated retail environments.

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