Nayax Ltd. (NASDAQ:NYAX - Get Free Report)'s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as $49.84 and last traded at $49.09, with a volume of 9448 shares trading hands. The stock had previously closed at $46.64.
Wall Street Analysts Forecast Growth
NYAX has been the topic of several analyst reports. Jefferies Financial Group reaffirmed a "buy" rating on shares of Nayax in a report on Tuesday, May 13th. B. Riley reaffirmed a "buy" rating and set a $47.00 target price (up from $44.00) on shares of Nayax in a research report on Wednesday, May 14th. Keefe, Bruyette & Woods increased their price target on Nayax from $38.00 to $40.00 and gave the company a "market perform" rating in a research note on Wednesday, May 14th. Wall Street Zen lowered shares of Nayax from a "strong-buy" rating to a "buy" rating in a research note on Sunday, June 1st. Finally, William Blair raised shares of Nayax from a "market perform" rating to an "outperform" rating in a report on Tuesday, April 1st. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat, Nayax has an average rating of "Moderate Buy" and a consensus target price of $38.33.
Check Out Our Latest Research Report on Nayax
Nayax Trading Up 1.4%
The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.67 and a current ratio of 1.76. The company has a market cap of $1.75 billion, a price-to-earnings ratio of 273.43 and a beta of 0.18. The company's fifty day moving average is $42.90 and its two-hundred day moving average is $37.50.
Nayax (NASDAQ:NYAX - Get Free Report) last issued its earnings results on Tuesday, May 13th. The company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by ($0.01). The business had revenue of $81.11 million for the quarter, compared to analysts' expectations of $85.08 million. Nayax had a return on equity of 0.23% and a net margin of 1.96%. On average, research analysts anticipate that Nayax Ltd. will post -0.16 EPS for the current year.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the stock. Clal Insurance Enterprises Holdings Ltd increased its holdings in shares of Nayax by 2.5% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 663,061 shares of the company's stock valued at $22,415,000 after purchasing an additional 16,200 shares in the last quarter. Ibex Investors LLC increased its holdings in Nayax by 19.3% in the first quarter. Ibex Investors LLC now owns 416,015 shares of the company's stock valued at $14,039,000 after buying an additional 67,276 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of Nayax by 43.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 294,430 shares of the company's stock worth $9,966,000 after acquiring an additional 89,886 shares in the last quarter. ARK Investment Management LLC purchased a new stake in shares of Nayax during the 1st quarter worth about $1,906,000. Finally, JPMorgan Chase & Co. acquired a new stake in shares of Nayax during the 4th quarter valued at about $1,581,000. 34.87% of the stock is owned by institutional investors and hedge funds.
About Nayax
(
Get Free Report)
Nayax Ltd., a fintech company, operates system and payment platform for multiple retailers in the United States, Europe, the United Kingdom, Australia, Israel, and rest of the world. The company offers AMIT 3.0, a machine-to-machine vending telemetry solution; Nayax Core, a management and monitoring software for vending machines and other unattended machines; MoMa, a mobile app for unattended machine; Tigapo back-office software suite, a cloud-based platform; EV Core, a smart, cloud-based management platform; Retail Management Cloud, a comprehensive attended retail management platform; Loyalty and Marketing Suite, a consumer engagement marketing and loyalty platform; Monyx Wallet, a digital wallet app enabling cashless payments with mobile phones; Weezmo, a consumer engagement and marketing platform; and Tigapo app, a proprietary mobile app to help family entertainment center businesses.
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