Nayax Ltd. (NASDAQ:NYAX) Receives Consensus Rating of "Hold" from Brokerages

Key Points

• Seven brokerages give Nayax a consensus rating of Hold (1 sell, 3 hold, 3 buy) with an average 12‑month target price of about $51.67.
• Nayax beat EPS estimates last quarter ($0.35 vs. $0.24) while slightly missing revenue ($119.45M vs. $120.13M), and analysts on average expect the company to report around -$0.16 EPS for the current year.
• The stock is trading near $58 with a market cap of $2.12B and a P/E of 61.05, a 12‑month range of $32.38–$61.65, and roughly 34.9% institutional ownership.

Shares of Nayax Ltd. (NASDAQ:NYAX - Get Free Report) have been given a consensus rating of "Hold" by the seven brokerages that are covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating on the company. The average 12 month target price among brokerages that have covered the stock in the last year is $51.6667.

Several research firms recently weighed in on NYAX. Weiss Ratings restated a "sell (d-)" rating on shares of Nayax in a report on Thursday, January 22nd. William Blair reissued an "outperform" rating on shares of Nayax in a research report on Monday, March 9th. Zacks Research upgraded Nayax from a "strong sell" rating to a "hold" rating in a research note on Monday, January 19th. Finally, Keefe, Bruyette & Woods upped their target price on Nayax from $52.00 to $60.00 and gave the company a "market perform" rating in a report on Tuesday, March 10th.

Nayax Price Performance

NYAX stock opened at $58.00 on Friday. The company has a quick ratio of 2.16, a current ratio of 2.26 and a debt-to-equity ratio of 1.43. The firm has a market cap of $2.12 billion, a price-to-earnings ratio of 61.05 and a beta of 0.10. The company's fifty day simple moving average is $56.59 and its 200 day simple moving average is $50.56. Nayax has a 12-month low of $32.38 and a 12-month high of $61.65.

Nayax (NASDAQ:NYAX - Get Free Report) last issued its quarterly earnings results on Monday, March 9th. The company reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.11. Nayax had a return on equity of 11.60% and a net margin of 8.87%.The firm had revenue of $119.45 million for the quarter, compared to analyst estimates of $120.13 million. On average, analysts expect that Nayax will post -0.16 earnings per share for the current year.

Hedge Funds Weigh In On Nayax

Several institutional investors and hedge funds have recently bought and sold shares of the company. Public Employees Retirement System of Ohio grew its stake in Nayax by 9.3% in the 4th 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. boosted its holdings in shares of Nayax by 210.5% in 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 during the period. Vanguard Personalized Indexing Management LLC boosted its holdings in shares of Nayax by 8.0% in 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. purchased a new position in shares of Nayax in the second quarter valued at $33,000. Finally, Geode Capital Management LLC grew its position in shares of Nayax by 2.0% in the fourth quarter. Geode Capital Management LLC now owns 36,139 shares of the company's stock valued at $1,825,000 after purchasing an additional 715 shares in the last quarter. 34.87% of the stock is owned by institutional investors.

Nayax Company Profile

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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