Paysign (PAYS) Expected to Announce Earnings on Thursday

Paysign (NASDAQ:PAYS - Get Free Report) is projected to release its Q1 2025 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 released its earnings results on Tuesday, March 25th. The company reported $0.02 EPS for the quarter, hitting the consensus estimate of $0.02. Paysign had a return on equity of 30.64% and a net margin of 14.28%. The business had revenue of $15.61 million for the quarter, compared to the consensus estimate of $15.42 million. On average, analysts expect Paysign to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Paysign Stock Up 1.3 %

Shares of NASDAQ:PAYS traded up $0.03 on Friday, hitting $2.33. 122,327 shares of the company traded hands, compared to its average volume of 205,906. The stock has a 50 day simple moving average of $2.28 and a 200-day simple moving average of $2.87. The company has a market cap of $125.23 million, a PE ratio of 15.53 and a beta of 0.23. Paysign has a 52 week low of $1.80 and a 52 week high of $5.59.

Wall Street Analysts Forecast Growth

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

Insider Transactions at Paysign

In other news, CEO Mark Newcomer sold 100,000 shares of the stock in a transaction on Monday, February 24th. The stock was 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 $24,397,698.78. This represents a 1.11 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 22.40% of the company's stock.

Paysign Company Profile

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.