Paysafe (NYSE:PSFE - Get Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 2.210-2.510 for the period, compared to the consensus earnings per share estimate of 2.377. The company issued revenue guidance of $1.7 billion-$1.7 billion, compared to the consensus revenue estimate of $1.7 billion.
Analysts Set New Price Targets
A number of research firms recently issued reports on PSFE. BTIG Research reiterated a "buy" rating on shares of Paysafe in a report on Tuesday. Bank of America upgraded shares of Paysafe from an "underperform" rating to a "neutral" rating and set a $14.30 price objective on the stock in a report on Friday, May 16th. Finally, Susquehanna lowered their price objective on shares of Paysafe from $17.00 to $15.00 and set a "neutral" rating on the stock in a report on Tuesday, April 22nd. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $16.95.
View Our Latest Report on PSFE
Paysafe Stock Performance
Shares of PSFE stock traded down $0.09 on Friday, reaching $13.71. The stock had a trading volume of 326,463 shares, compared to its average volume of 430,548. The company has a quick ratio of 1.16, a current ratio of 1.20 and a debt-to-equity ratio of 3.15. The firm's 50-day moving average is $12.87 and its two-hundred day moving average is $14.93. The firm has a market capitalization of $821.09 million, a price-to-earnings ratio of -16.13, a P/E/G ratio of 0.38 and a beta of 1.78. Paysafe has a 12 month low of $10.63 and a 12 month high of $26.25.
Paysafe (NYSE:PSFE - Get Free Report) last posted its quarterly earnings results on Tuesday, August 12th. The company reported $0.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.01. The business had revenue of $428.22 million for the quarter, compared to analyst estimates of $424.11 million. Paysafe had a negative net margin of 2.93% and a positive return on equity of 9.64%. The firm's revenue for the quarter was down 2.7% on a year-over-year basis. During the same quarter last year, the business posted $0.59 EPS. On average, research analysts expect that Paysafe will post 1.87 EPS for the current fiscal year.
Institutional Trading of Paysafe
Large investors have recently made changes to their positions in the company. Arrowstreet Capital Limited Partnership boosted its position in Paysafe by 10.4% in the second quarter. Arrowstreet Capital Limited Partnership now owns 393,291 shares of the company's stock valued at $4,963,000 after buying an additional 36,994 shares in the last quarter. Ameriprise Financial Inc. boosted its position in Paysafe by 18.8% in the second quarter. Ameriprise Financial Inc. now owns 182,237 shares of the company's stock valued at $2,300,000 after buying an additional 28,812 shares in the last quarter. Engineers Gate Manager LP acquired a new stake in Paysafe in the second quarter valued at approximately $143,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main boosted its position in Paysafe by 24.2% in the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 44,872 shares of the company's stock valued at $566,000 after buying an additional 8,729 shares in the last quarter. Finally, Quantbot Technologies LP acquired a new stake in Paysafe in the second quarter valued at approximately $106,000. Institutional investors and hedge funds own 54.39% of the company's stock.
About Paysafe
(
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Paysafe Limited provides end-to-end payment solutions in the United States, Germany, the United Kingdom, and internationally. Its payments platform offers a range of payment solutions comprising credit and debit card processing, digital wallet, eCash, and real-time banking solutions for entertainment verticals, such as iGaming, including online betting related to sports, e-sports, fantasy sports, poker, and other casino games, as well as travel, streaming/video gaming, retail/hospitality, and digital assets.
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