Payoneer Global (PAYO) Expected to Announce Quarterly Earnings on Wednesday

Payoneer Global (NASDAQ:PAYO - Get Free Report) is projected to post its Q2 2025 quarterly earnings results before the market opens on Wednesday, August 6th. Analysts expect Payoneer Global to post earnings of $0.06 per share and revenue of $253.17 million for the quarter.

Payoneer Global (NASDAQ:PAYO - Get Free Report) last issued its earnings results on Wednesday, May 7th. The company reported $0.05 EPS for the quarter, missing analysts' consensus estimates of $0.07 by ($0.02). Payoneer Global had a net margin of 11.32% and a return on equity of 15.70%. The business had revenue of $246.62 million during the quarter, compared to analysts' expectations of $244.52 million. During the same period in the prior year, the business posted $0.08 EPS. The business's revenue was up 8.1% on a year-over-year basis. On average, analysts expect Payoneer Global to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Payoneer Global Price Performance

Payoneer Global stock traded down $0.29 during midday trading on Friday, hitting $6.28. 3,979,542 shares of the stock were exchanged, compared to its average volume of 2,274,124. Payoneer Global has a 1 year low of $5.03 and a 1 year high of $11.29. The firm has a market cap of $2.27 billion, a P/E ratio of 20.93 and a beta of 0.97. The company has a 50 day moving average price of $6.77 and a two-hundred day moving average price of $7.69.

Insider Activity at Payoneer Global

In other news, Director Susanna Morgan sold 16,180 shares of the business's stock in a transaction that occurred on Monday, June 2nd. The shares were sold at an average price of $6.77, for a total transaction of $109,538.60. Following the sale, the director owned 80,902 shares in the company, valued at $547,706.54. The trade was a 16.67% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.58% of the stock is owned by insiders.

Institutional Investors Weigh In On Payoneer Global

Large investors have recently made changes to their positions in the company. United Services Automobile Association purchased a new position in Payoneer Global during the first quarter valued at approximately $126,000. Caxton Associates LLP purchased a new position in Payoneer Global during the first quarter valued at approximately $172,000. Royal Bank of Canada grew its position in Payoneer Global by 299.7% during the first quarter. Royal Bank of Canada now owns 158,997 shares of the company's stock valued at $1,162,000 after purchasing an additional 119,219 shares in the last quarter. AQR Capital Management LLC grew its position in Payoneer Global by 8.8% during the first quarter. AQR Capital Management LLC now owns 291,908 shares of the company's stock valued at $2,134,000 after purchasing an additional 23,533 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Payoneer Global by 5.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 757,827 shares of the company's stock valued at $5,540,000 after purchasing an additional 41,970 shares in the last quarter. Institutional investors and hedge funds own 82.22% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on PAYO shares. Keefe, Bruyette & Woods raised shares of Payoneer Global from a "market perform" rating to an "outperform" rating and lifted their price target for the stock from $7.00 to $9.00 in a research note on Tuesday, May 13th. Needham & Company LLC dropped their price target on shares of Payoneer Global from $14.00 to $8.00 and set a "buy" rating on the stock in a research note on Thursday, May 8th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Payoneer Global in a report on Thursday, July 17th. They set a "buy" rating and a $8.00 price objective for the company. Jefferies Financial Group raised their price objective on shares of Payoneer Global from $8.00 to $8.50 and gave the stock a "buy" rating in a report on Tuesday, May 27th. Finally, Citigroup reissued a "buy" rating and set a $10.00 price objective (down from $13.00) on shares of Payoneer Global in a report on Thursday, May 22nd. One investment analyst has rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Buy" and a consensus price target of $9.81.

Payoneer Global Company Profile

Payoneer Global Inc operates as a financial technology company. It operates a payment infrastructure platform that provides customers with a one-stop, global, multi-currency account to serve their accounts receivable and accounts payable needs. The company delivers a suite of services that includes cross-border payments, physical and virtual MasterCard cards, working capital, risk management, and other services.