Paysign (PAYS) to Post Quarterly Earnings on Thursday

Paysign (NASDAQ:PAYS - Get Free Report) is expected to be issuing its Q1 2025 quarterly earnings data after the market closes on Thursday, May 8th. Analysts expect the company to announce earnings of $0.04 per share and revenue of $17.49 million for the quarter. Paysign has set its Q1 2025 guidance at EPS and its FY 2025 guidance at 0.000-0.000 EPS.

Paysign (NASDAQ:PAYS - Get Free Report) last announced its quarterly earnings results on Tuesday, March 25th. The company reported $0.02 EPS for the quarter, hitting the consensus estimate of $0.02. The company had revenue of $15.61 million during the quarter, compared to analyst estimates of $15.42 million. Paysign had a return on equity of 30.64% and a net margin of 14.28%. On average, analysts expect Paysign to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Paysign Stock Performance

Shares of NASDAQ:PAYS traded down $0.09 during trading on Tuesday, reaching $2.40. 69,573 shares of the stock were exchanged, compared to its average volume of 204,870. The firm's 50-day moving average price is $2.27 and its 200 day moving average price is $2.85. The firm has a market cap of $129.00 million, a price-to-earnings ratio of 16.00 and a beta of 0.23. Paysign has a 12-month low of $1.80 and a 12-month high of $5.59.

Analyst Ratings Changes

Several research firms have recently issued reports on PAYS. DA Davidson reissued a "buy" rating and issued a $6.00 price objective on shares of Paysign in a research report on Wednesday, March 26th. Barrington Research reaffirmed an "outperform" rating and set a $7.00 price target on shares of Paysign in a research report on Wednesday, March 26th.

Insiders Place Their Bets

In other news, CEO Mark Newcomer sold 100,000 shares of the business's stock in a transaction on Monday, February 24th. The shares were sold at an average price of $2.73, for a total transaction of $273,000.00. Following the transaction, the chief executive officer now directly owns 8,936,886 shares of the company's stock, valued at approximately $24,397,698.78. The trade was a 1.11 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 22.40% of the stock is owned by company insiders.

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.