B. Riley Forecasts Nayax's FY2025 Earnings (NASDAQ:NYAX)

Key Points

• B. Riley has raised its FY2025 earnings per share (EPS) estimate for Nayax Ltd. to $0.72, an increase from the previous forecast of $0.60, while maintaining a "Buy" rating and a price objective of $47.00.
• Nayax reported an EPS of $0.16 for the most recent quarter, exceeding the consensus estimate of $0.10, though their revenue of $95.59 million was below the expected $99.16 million.
• Several research analysts have recently adjusted their ratings on Nayax, with the stock currently holding a consensus rating of "Moderate Buy" and a target price averaging $42.00.

Nayax Ltd. (NASDAQ:NYAX - Free Report) - Equities researchers at B. Riley increased their FY2025 earnings estimates for Nayax in a research report issued on Wednesday, August 13th. B. Riley analyst J. Nichols now expects that the company will earn $0.72 per share for the year, up from their previous estimate of $0.60. B. Riley has a "Buy" rating and a $47.00 price target on the stock. The consensus estimate for Nayax's current full-year earnings is ($0.16) per share.

A number of other equities analysts also recently weighed in on NYAX. Jefferies Financial Group reaffirmed a "buy" rating on shares of Nayax in a research note on Tuesday, May 13th. Keefe, Bruyette & Woods increased their price target on shares of Nayax from $40.00 to $50.00 and gave the stock a "market perform" rating in a research note on Wednesday, July 9th. UBS Group lifted their price target on shares of Nayax from $39.00 to $43.00 and gave the company a "neutral" rating in a research report on Thursday, August 14th. Finally, Wall Street Zen cut shares of Nayax from a "strong-buy" rating to a "buy" rating in a research report on Sunday, June 1st. Three research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, Nayax presently has a consensus rating of "Hold" and an average price target of $42.00.

Nayax Trading Up 1.6%

NASDAQ:NYAX traded up $0.72 during trading hours on Monday, reaching $47.00. 8,476 shares of the company were exchanged, compared to its average volume of 10,498. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.68 and a quick ratio of 1.59. The firm has a market cap of $1.67 billion, a price-to-earnings ratio of 82.46 and a beta of 0.23. Nayax has a 52-week low of $22.06 and a 52-week high of $52.46. The stock has a 50 day simple moving average of $45.78 and a 200 day simple moving average of $41.34.

Nayax (NASDAQ:NYAX - Get Free Report) last posted its quarterly earnings results on Wednesday, August 13th. The company reported $0.16 earnings per share for the quarter, topping analysts' consensus estimates of $0.10 by $0.06. The company had revenue of $95.59 million for the quarter, compared to the consensus estimate of $99.16 million. Nayax had a net margin of 6.06% and a return on equity of 5.32%. Nayax has set its FY 2025 guidance at EPS.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of NYAX. Y.D. More Investments Ltd grew its position in Nayax by 6.6% in the second quarter. Y.D. More Investments Ltd now owns 1,170,927 shares of the company's stock valued at $59,025,000 after acquiring an additional 72,751 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd grew its position in Nayax by 2.5% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 663,061 shares of the company's stock valued at $22,415,000 after acquiring an additional 16,200 shares in the last quarter. Ibex Investors LLC grew its position in Nayax by 19.3% in the first quarter. Ibex Investors LLC now owns 416,015 shares of the company's stock valued at $14,039,000 after acquiring an additional 67,276 shares in the last quarter. Goldman Sachs Group Inc. grew its position in Nayax by 43.9% in the first quarter. Goldman Sachs Group Inc. now owns 294,430 shares of the company's stock valued at $9,966,000 after acquiring an additional 89,886 shares in the last quarter. Finally, ARK Investment Management LLC acquired a new stake in Nayax in the first quarter valued at approximately $1,906,000. 34.87% of the stock is owned by institutional investors and hedge funds.

Nayax Company Profile

Nayax Ltd., a fintech company, operates system and payment platform for multiple retailers in the United States, Europe, the United Kingdom, Australia, Israel, and rest of the world. The company offers AMIT 3.0, a machine-to-machine vending telemetry solution; Nayax Core, a management and monitoring software for vending machines and other unattended machines; MoMa, a mobile app for unattended machine; Tigapo back-office software suite, a cloud-based platform; EV Core, a smart, cloud-based management platform; Retail Management Cloud, a comprehensive attended retail management platform; Loyalty and Marketing Suite, a consumer engagement marketing and loyalty platform; Monyx Wallet, a digital wallet app enabling cashless payments with mobile phones; Weezmo, a consumer engagement and marketing platform; and Tigapo app, a proprietary mobile app to help family entertainment center businesses.