Wedbush Comments on Paymentus' Q2 Earnings (NYSE:PAY)

Paymentus Holdings, Inc. (NYSE:PAY - Free Report) - Wedbush issued their Q2 2025 earnings estimates for shares of Paymentus in a report issued on Tuesday, May 6th. Wedbush analyst D. Ives anticipates that the business services provider will earn $0.13 per share for the quarter. Wedbush has a "Outperform" rating and a $40.00 price objective on the stock. The consensus estimate for Paymentus' current full-year earnings is $0.39 per share. Wedbush also issued estimates for Paymentus' Q3 2025 earnings at $0.15 EPS, Q4 2025 earnings at $0.14 EPS, FY2025 earnings at $0.54 EPS, Q1 2026 earnings at $0.12 EPS, Q2 2026 earnings at $0.16 EPS, Q3 2026 earnings at $0.17 EPS, Q4 2026 earnings at $0.20 EPS and FY2026 earnings at $0.66 EPS.

PAY has been the topic of a number of other research reports. Robert W. Baird raised their target price on Paymentus from $30.00 to $36.00 and gave the stock an "outperform" rating in a report on Tuesday, May 6th. StockNews.com upgraded shares of Paymentus from a "sell" rating to a "hold" rating in a report on Thursday, May 1st. Wells Fargo & Company increased their target price on shares of Paymentus from $30.00 to $35.00 and gave the stock an "equal weight" rating in a report on Wednesday, May 7th. JPMorgan Chase & Co. boosted their price target on shares of Paymentus from $29.00 to $35.00 and gave the company a "neutral" rating in a report on Tuesday, May 6th. Finally, The Goldman Sachs Group lifted their target price on Paymentus from $28.00 to $34.00 and gave the stock a "neutral" rating in a report on Tuesday, May 6th. Five investment analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $36.00.

Paymentus Price Performance

Shares of NYSE PAY traded down $0.04 during mid-day trading on Friday, hitting $38.13. The company's stock had a trading volume of 178,197 shares, compared to its average volume of 467,336. The company's fifty day simple moving average is $29.48 and its 200-day simple moving average is $30.84. Paymentus has a one year low of $16.94 and a one year high of $38.94. The stock has a market cap of $4.77 billion, a price-to-earnings ratio of 123.00 and a beta of 1.61.

Insider Activity at Paymentus

In other news, CFO Sanjay Kalra sold 15,794 shares of the business's stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $31.99, for a total transaction of $505,250.06. Following the transaction, the chief financial officer now directly owns 466,035 shares in the company, valued at $14,908,459.65. The trade was a 3.28% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director William Ingram sold 11,409 shares of the firm's stock in a transaction dated Monday, May 12th. The shares were sold at an average price of $38.01, for a total transaction of $433,656.09. Following the completion of the sale, the director now owns 73,963 shares of the company's stock, valued at $2,811,333.63. This trade represents a 13.36% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 30,273 shares of company stock valued at $1,037,085. 75.43% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Park Square Financial Group LLC acquired a new position in shares of Paymentus in the fourth quarter valued at $32,000. TimesSquare Capital Management LLC bought a new stake in Paymentus in the 4th quarter valued at $35,000. AlphaQuest LLC increased its position in Paymentus by 152,600.0% during the 1st quarter. AlphaQuest LLC now owns 1,527 shares of the business services provider's stock worth $40,000 after buying an additional 1,526 shares during the period. R Squared Ltd acquired a new stake in shares of Paymentus during the fourth quarter worth $43,000. Finally, Summit Securities Group LLC acquired a new position in shares of Paymentus in the first quarter valued at about $47,000. 78.38% of the stock is currently owned by institutional investors.

About Paymentus

Paymentus Holdings, Inc provides cloud-based bill payment technology and solutions in the United States and internationally. The company offers electronic bill presentment and payment services, enterprise customer communication, and self-service revenue management to billers through a software-as-a-service technology platform.