Paysign (NASDAQ:PAYS) Trading Up 4.9% - What's Next?

Key Points

• Paysign shares rose 4.9% to about $13.63 in midday trading, though volume was 80% below the average session level.
• Analysts maintain a favorable outlook, with the stock carrying a consensus “Buy” rating and an average price target of $13.33; recent targets range from $12 to $15.
• The company exceeded quarterly expectations, reporting $0.11 in EPS versus a $0.06 consensus estimate and revenue of $28.25 million versus $26.36 million expected. However, insiders have sold approximately $4.0 million worth of shares over the past three months.

Paysign, Inc. (NASDAQ:PAYS - Get Free Report) shot up 4.9% during mid-day trading on Tuesday . The stock traded as high as $13.48 and last traded at $13.6310. 136,312 shares were traded during mid-day trading, a decline of 80% from the average session volume of 691,148 shares. The stock had previously closed at $13.00.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on PAYS. Barrington Research set a $15.00 price objective on Paysign in a research note on Tuesday, August 11th. Wall Street Zen lowered Paysign from a "strong-buy" rating to a "buy" rating in a research report on Sunday. Weiss Ratings raised Paysign from a "hold (c+)" rating to a "buy (b-)" rating in a report on Wednesday, July 29th. Lake Street Capital reaffirmed a "buy" rating and set a $13.00 target price on shares of Paysign in a report on Thursday, August 6th. Finally, DA Davidson increased their price target on Paysign from $9.00 to $12.00 and gave the company a "buy" rating in a research report on Thursday, August 6th. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus price target of $13.33.

Paysign Price Performance

The firm has a market cap of $772.12 million, a price-to-earnings ratio of 52.66 and a beta of 0.74. The stock's fifty day moving average price is $9.00 and its 200-day moving average price is $6.47.

Paysign (NASDAQ:PAYS - Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.11 EPS for the quarter, topping analysts' consensus estimates of $0.06 by $0.05. Paysign had a net margin of 15.67% and a return on equity of 30.13%. The firm had revenue of $28.25 million during the quarter, compared to analyst estimates 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. As a group, equities research analysts predict that Paysign, Inc. will post 0.58 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director Bruce A. Mina sold 10,000 shares of Paysign stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $7.09, for a total transaction of $70,900.00. Following the transaction, the director owned 258,500 shares in the company, valued at approximately $1,832,765. The trade was a 3.72% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Joan M. Herman sold 100,000 shares of the company's stock in a transaction on Friday, June 26th. The shares were sold at an average price of $8.01, for a total value of $801,000.00. Following the transaction, the executive vice president directly owned 707,009 shares in the company, valued at $5,663,142.09. The trade was a 12.39% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 406,736 shares of company stock worth $4,027,179 over the last three months. Company insiders own 24.50% of the company's stock.

Hedge Funds Weigh In On Paysign

A number of large investors have recently made changes to their positions in the business. Rhumbline Advisers lifted its position in shares of Paysign by 4.7% in the second quarter. Rhumbline Advisers now owns 48,770 shares of the company's stock worth $351,000 after purchasing an additional 2,183 shares in the last quarter. Invesco Ltd. grew its position in Paysign by 19.1% during the second quarter. Invesco Ltd. now owns 16,942 shares of the company's stock valued at $122,000 after purchasing an additional 2,716 shares in the last quarter. Intech Investment Management LLC increased its stake in Paysign by 18.0% in the 3rd quarter. Intech Investment Management LLC now owns 17,851 shares of the company's stock valued at $112,000 after buying an additional 2,723 shares during the period. Alliancebernstein L.P. increased its stake in Paysign by 11.6% in the 3rd quarter. Alliancebernstein L.P. now owns 29,930 shares of the company's stock valued at $188,000 after buying an additional 3,100 shares during the period. Finally, BNP Paribas Financial Markets increased its stake in Paysign by 99.8% in the 3rd quarter. BNP Paribas Financial Markets now owns 6,912 shares of the company's stock valued at $43,000 after buying an additional 3,453 shares during the period. Institutional investors and hedge funds own 25.89% of the company's stock.

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.

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