Paysign (NASDAQ:PAYS) Stock Rating Lowered by Wall Street Zen

Key Points

• Wall Street Zen downgraded Paysign from “strong-buy” to “buy,” though the broader analyst consensus remains “Buy” with an average price target of $13.33.
• Paysign reported quarterly EPS of $0.11, exceeding estimates of $0.06, while revenue of $28.25 million also surpassed expectations. The company issued fiscal 2026 EPS guidance of $0.35–$0.37.
• The stock opened at $13.17, near its 52-week high of $13.25. Insiders have sold 406,736 shares worth about $4.03 million over the past 90 days.

Paysign (NASDAQ:PAYS - Get Free Report) was downgraded by investment analysts at Wall Street Zen from a "strong-buy" rating to a "buy" rating in a note issued to investors on Sunday.

Several other analysts have also recently commented on PAYS. Barrington Research set a $15.00 target price on Paysign in a report on Tuesday. DA Davidson upped their price target on shares of Paysign from $9.00 to $12.00 and gave the stock a "buy" rating in a research report on Thursday, August 6th. Lake Street Capital reissued a "buy" rating and set a $13.00 price objective on shares of Paysign in a report on Thursday, August 6th. Finally, Weiss Ratings raised shares of Paysign from a "hold (c+)" rating to a "buy (b-)" rating in a report on Wednesday, July 29th. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and an average price target of $13.33.

Paysign Trading Up 1.2%

PAYS stock opened at $13.17 on Friday. The firm has a market capitalization of $743.58 million, a PE ratio of 50.66 and a beta of 0.74. Paysign has a one year low of $3.08 and a one year high of $13.25. The firm has a 50-day moving average of $8.87 and a two-hundred day moving average of $6.40.

Paysign (NASDAQ:PAYS - Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The company reported $0.11 earnings per share for the quarter, beating analysts' consensus estimates of $0.06 by $0.05. Paysign had a return on equity of 30.13% and a net margin of 15.67%.The firm had revenue of $28.25 million during the quarter, compared to analysts' expectations of $26.36 million. Paysign has set its FY 2026 guidance at 0.350-0.370 EPS and its Q3 2026 guidance at 0.090-0.100 EPS. On average, equities research analysts anticipate that Paysign will post 0.58 earnings per share for the current year.

Insider Transactions at Paysign

In other news, EVP Joan M. Herman sold 100,000 shares of Paysign stock in a transaction on Friday, June 26th. The stock was sold at an average price of $8.01, for a total value of $801,000.00. Following the completion of the sale, the executive vice president directly owned 707,009 shares of the company's stock, valued at approximately $5,663,142.09. This trade represents a 12.39% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Jeffery Bradford Baker sold 35,000 shares of the business's stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $12.62, for a total value of $441,700.00. Following the sale, the chief financial officer owned 542,171 shares of the company's stock, valued at approximately $6,842,198.02. The trade was a 6.06% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 406,736 shares of company stock valued at $4,027,179 over the last 90 days. 24.50% of the stock is currently owned by corporate insiders.

Institutional Trading of Paysign

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in PAYS. Raymond James Financial Inc. acquired a new position in Paysign during the 2nd quarter valued at about $30,000. Legal & General Group Plc acquired a new stake in shares of Paysign during the 2nd quarter worth approximately $35,000. BNP Paribas Financial Markets grew its position in shares of Paysign by 99.8% during the 3rd quarter. BNP Paribas Financial Markets now owns 6,912 shares of the company's stock worth $43,000 after buying an additional 3,453 shares during the period. Caitong International Asset Management Co. Ltd grew its position in shares of Paysign by 381.5% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 9,876 shares of the company's stock worth $51,000 after buying an additional 7,825 shares during the period. Finally, Jane Street Group LLC bought a new stake in shares of Paysign during the first quarter worth approximately $51,000. 25.89% of the stock is currently owned by institutional investors and hedge funds.

About Paysign

Paysign, Inc NASDAQ: PAYS is a U.S.-based financial technology company specializing in prepaid payment solutions. Through its cloud-based platform, the company enables corporations, government agencies and payroll providers to issue and manage stored-value cards, digital wallets and disbursement programs. Paysign's offerings span gift and incentive cards, payroll and earned-wage access cards, government benefit distribution, tax refund solutions and health savings account disbursements.

The company's flagship Paysign Experience Platform provides configurable card programs with real-time transaction reporting, fraud monitoring and regulatory compliance tools.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source