Paymentus Holdings, Inc. (NYSE:PAY) Given Average Recommendation of "Moderate Buy" by Brokerages

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 earned an average recommendation of "Moderate Buy" from the eight brokerages that are currently covering the company, MarketBeat reports. Four analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $37.00.

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

Hedge Funds Weigh In On Paymentus

Large investors have recently added to or reduced their stakes in the business. Park Square Financial Group LLC bought a new position in Paymentus in the 4th quarter valued at about $32,000. AlphaQuest LLC lifted its position in Paymentus by 152,600.0% in the 1st quarter. AlphaQuest LLC now owns 1,527 shares of the business services provider's stock valued at $40,000 after acquiring an additional 1,526 shares in the last quarter. Summit Securities Group LLC bought a new position in Paymentus in the 1st quarter valued at about $47,000. Mirae Asset Global Investments Co. Ltd. lifted its position in Paymentus by 2,763.9% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,062 shares of the business services provider's stock valued at $54,000 after acquiring an additional 1,990 shares in the last quarter. Finally, Deutsche Bank AG bought a new position in shares of Paymentus during the 4th quarter worth approximately $73,000. Institutional investors own 78.38% of the company's stock.

Paymentus Price Performance

Shares of PAY opened at $36.81 on Monday. The stock has a 50-day moving average of $33.12 and a 200-day moving average of $32.08. The company has a market cap of $4.61 billion, a PE ratio of 85.60 and a beta of 1.57. Paymentus has a one year low of $19.53 and a one year high of $40.43.

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

About Paymentus

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.

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