Paysign (NASDAQ:PAYS - Get Free Report) updated its first quarter 2026 earnings guidance on Thursday. The company provided EPS guidance of 0.070-0.080 for the period, compared to the consensus EPS estimate of 0.070. The company issued revenue guidance of $27.0 million-$27.5 million, compared to the consensus revenue estimate of $23.4 million. Paysign also updated its FY 2026 guidance to 0.210-0.260 EPS.
Wall Street Analysts Forecast Growth
Several brokerages recently issued reports on PAYS. Weiss Ratings restated a "hold (c)" rating on shares of Paysign in a research report on Thursday, January 22nd. DA Davidson restated a "buy" rating and set a $9.00 price objective on shares of Paysign in a research report on Thursday, March 26th. Wall Street Zen upgraded Paysign from a "hold" rating to a "buy" rating in a research report on Monday, March 30th. Finally, Lake Street Capital lifted their price objective on Paysign from $10.00 to $11.00 and gave the stock a "buy" rating in a research report on Wednesday, March 25th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $9.42.
Read Our Latest Research Report on Paysign
Paysign Price Performance
PAYS stock traded down $0.17 during midday trading on Thursday, hitting $5.81. The stock had a trading volume of 575,111 shares, compared to its average volume of 672,929. The company's 50-day moving average price is $4.03 and its 200 day moving average price is $4.84. Paysign has a 12-month low of $1.93 and a 12-month high of $8.88. The firm has a market cap of $320.43 million, a PE ratio of 44.66 and a beta of 0.64.
Paysign (NASDAQ:PAYS - Get Free Report) last released its quarterly earnings data on Tuesday, March 24th. The company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.03 by ($0.01). The business had revenue of $22.76 million for the quarter, compared to analyst estimates of $21.54 million. Paysign had a return on equity of 17.19% and a net margin of 9.21%. As a group, sell-side analysts anticipate that Paysign will post 0.21 EPS for the current year.
Hedge Funds Weigh In On Paysign
Several large investors have recently bought and sold shares of the business. Man Group plc bought a new stake in shares of Paysign during the third quarter worth $113,000. Intech Investment Management LLC increased its position in Paysign by 18.0% during the third quarter. Intech Investment Management LLC now owns 17,851 shares of the company's stock worth $112,000 after acquiring an additional 2,723 shares during the period. Westwood Holdings Group Inc. bought a new position in Paysign during the second quarter worth about $86,000. Engineers Gate Manager LP bought a new position in Paysign during the second quarter worth about $90,000. Finally, The Manufacturers Life Insurance Company bought a new position in Paysign during the second quarter worth about $91,000. 25.89% of the stock is currently owned by institutional investors and hedge funds.
About Paysign
(
Get Free Report)
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.
Further Reading
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.
Before you consider Paysign, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Paysign wasn't on the list.
While Paysign currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link to see MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.