Paysign (NASDAQ:PAYS) Receives Hold (C) Rating from Weiss Ratings

Key Points

• Paysign's stock rating has been restated as "hold (C)" by Weiss Ratings, amidst a mixed assessment from other analysts.
• The company's stock opened at $5.65 with a market cap of $307.64 million and has a 52-week range between $1.80 and $8.88.
• Paysign recently reported earnings of $0.02 EPS, which missed analysts' expectations of $0.04 EPS, despite surpassing revenue estimates at $19.08 million.

Paysign (NASDAQ:PAYS - Get Free Report)'s stock had its "hold (c)" rating restated by research analysts at Weiss Ratings in a research note issued to investors on Wednesday,Weiss Ratings reports.

PAYS has been the subject of a number of other research reports. Lake Street Capital upped their target price on Paysign from $9.00 to $10.00 and gave the stock a "buy" rating in a report on Wednesday, August 6th. DA Davidson set a $9.00 target price on Paysign in a report on Thursday, August 7th. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $8.56.

Paysign Stock Performance

Shares of NASDAQ PAYS opened at $5.65 on Wednesday. The stock has a market cap of $307.64 million, a price-to-earnings ratio of 47.08 and a beta of 0.93. The business has a 50 day simple moving average of $5.69 and a 200 day simple moving average of $4.89. Paysign has a 52 week low of $1.80 and a 52 week high of $8.88.

Paysign (NASDAQ:PAYS - Get Free Report) last announced its earnings results on Tuesday, August 5th. The company reported $0.02 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.04 by ($0.02). The company had revenue of $19.08 million for the quarter, compared to the consensus estimate of $18.69 million. Paysign had a return on equity of 19.32% and a net margin of 9.90%. Paysign has set its Q3 2025 guidance at EPS. FY 2025 guidance at 0.100-0.120 EPS. On average, analysts predict that Paysign will post 0.21 EPS for the current year.

Insiders Place Their Bets

In other Paysign news, CFO Jeffery Bradford Baker sold 30,396 shares of the firm's stock in a transaction on Monday, August 4th. The stock was sold at an average price of $7.09, for a total value of $215,507.64. Following the completion of the sale, the chief financial officer directly owned 252,273 shares of the company's stock, valued at $1,788,615.57. This trade represents a 10.75% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Joan M. Herman sold 14,160 shares of the firm's stock in a transaction on Monday, August 4th. The stock was sold at an average price of $7.09, for a total value of $100,394.40. Following the completion of the sale, the executive vice president directly owned 821,583 shares of the company's stock, valued at $5,825,023.47. This represents a 1.69% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 159,602 shares of company stock valued at $1,131,578. Company insiders own 22.40% of the company's stock.

Institutional Trading of Paysign

Large investors have recently bought and sold shares of the company. GSA Capital Partners LLP increased its position in Paysign by 38.3% in the first quarter. GSA Capital Partners LLP now owns 271,781 shares of the company's stock worth $576,000 after buying an additional 75,311 shares during the last quarter. Strs Ohio bought a new position in shares of Paysign in the first quarter worth $259,000. Brendel Financial Advisors LLC bought a new position in shares of Paysign in the second quarter worth $338,000. Bank of America Corp DE boosted its holdings in shares of Paysign by 20.9% in the fourth quarter. Bank of America Corp DE now owns 47,675 shares of the company's stock worth $144,000 after acquiring an additional 8,235 shares during the period. Finally, Royce & Associates LP boosted its holdings in shares of Paysign by 36.5% in the first quarter. Royce & Associates LP now owns 19,319 shares of the company's stock worth $41,000 after acquiring an additional 5,166 shares during the period. 25.89% of the stock is owned by hedge funds and other institutional investors.

About Paysign

Paysign, Inc provides prepaid card programs, comprehensive patient affordability offerings, digital banking services, and integrated payment processing services for businesses, consumers, and government institutions. Its product offerings include solutions for corporate rewards, prepaid gift cards, general purpose reloadable debit cards, employee incentives, consumer rebates, donor compensation, clinical trials, healthcare reimbursement payments and pharmaceutical payment assistance, and demand deposit accounts accessible with a debit card.

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