Paymentus Holdings, Inc. (NYSE:PAY) Receives $37.00 Consensus Price Target from Analysts

Key Points

• Paymentus Holdings, Inc. (NYSE:PAY) has garnered an average rating of "Moderate Buy" from brokerages, with four analysts giving it a buy rating and four a hold rating.
• The company's share price target has an average of $37.00, with Raymond James and Robert W. Baird setting target prices of $38.00 and $40.00, respectively.
• For the recent quarter, Paymentus reported $0.15 EPS, exceeding expectations, with revenue increasing by 41.9% year-over-year to $280.08 million.

Shares of Paymentus Holdings, Inc. (NYSE:PAY - Get Free Report) have been given a consensus rating of "Moderate Buy" by the eight ratings firms that are covering the firm, Marketbeat reports. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $37.00.

Several brokerages have recently commented on PAY. Robert W. Baird raised their target price on shares of Paymentus from $36.00 to $40.00 and gave the stock an "outperform" rating in a report on Wednesday, June 4th. Raymond James Financial set a $38.00 price target on shares of Paymentus and gave the stock an "outperform" rating in a research report on Tuesday, August 5th. Wolfe Research upgraded shares of Paymentus from a "peer perform" rating to an "outperform" rating in a research report on Tuesday, July 22nd. Finally, Wall Street Zen upgraded shares of Paymentus from a "hold" rating to a "buy" rating in a research report on Saturday, July 5th.

Institutional Trading of Paymentus

Large investors have recently made changes to their positions in the company. Bessemer Group Inc. acquired a new stake in shares of Paymentus during the 1st quarter worth approximately $108,000. Mirae Asset Global Investments Co. Ltd. boosted its position in Paymentus by 2,763.9% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,062 shares of the business services provider's stock valued at $54,000 after buying an additional 1,990 shares in the last quarter. Next Century Growth Investors LLC boosted its position in Paymentus by 5.4% in the first quarter. Next Century Growth Investors LLC now owns 1,356,980 shares of the business services provider's stock valued at $35,417,000 after buying an additional 69,156 shares in the last quarter. Bank of America Corp DE boosted its position in Paymentus by 83.9% in the fourth quarter. Bank of America Corp DE now owns 14,096 shares of the business services provider's stock valued at $461,000 after buying an additional 6,429 shares in the last quarter. Finally, SG Americas Securities LLC boosted its position in Paymentus by 103.6% in the first quarter. SG Americas Securities LLC now owns 14,077 shares of the business services provider's stock valued at $367,000 after buying an additional 7,163 shares in the last quarter. Institutional investors and hedge funds own 78.38% of the company's stock.

Paymentus Stock Down 0.3%

Shares of PAY traded down $0.09 during mid-day trading on Monday, hitting $32.81. 1,016,924 shares of the company's stock were exchanged, compared to its average volume of 770,090. Paymentus has a 52 week low of $19.53 and a 52 week high of $40.43. The stock's 50-day simple moving average is $33.37 and its 200-day simple moving average is $32.26. The firm has a market cap of $4.11 billion, a price-to-earnings ratio of 76.31 and a beta of 1.58.

Paymentus (NYSE:PAY - Get Free Report) last announced its earnings results on Monday, August 4th. The business services provider reported $0.15 EPS for the quarter, topping the consensus estimate of $0.14 by $0.01. Paymentus had a net margin of 5.37% and a return on equity of 12.63%. The company had revenue of $280.08 million for the quarter, compared to analysts' expectations of $262.78 million. During the same period last year, the firm earned $0.12 earnings per share. The business's revenue for the quarter was up 41.9% on a year-over-year basis. Paymentus has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Analysts forecast that Paymentus will post 0.39 earnings per share for the current fiscal year.

Paymentus Company Profile

Paymentus Holdings, Inc provides cloud-based bill payment technology and solutions in the United States and internationally. The company offers electronic bill presentment and payment services, enterprise customer communication, and self-service revenue management to billers through a software-as-a-service technology platform.