B. Riley Estimates 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) - Analysts at B. Riley raised their FY2025 earnings estimates for Nayax in a research report issued to clients and investors on Wednesday, August 13th. B. Riley analyst J. Nichols now expects that the company will post earnings per share of $0.72 for the year, up from their prior forecast 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.

Nayax (NASDAQ:NYAX - Get Free Report) last announced its quarterly earnings data on Wednesday, August 13th. The company reported $0.16 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.10 by $0.06. The business had revenue of $95.59 million for the quarter, compared to analysts' expectations 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.

NYAX has been the topic of a number of other research reports. Wall Street Zen lowered shares of Nayax from a "strong-buy" rating to a "buy" rating in a research report on Sunday, June 1st. UBS Group raised their target price 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. Keefe, Bruyette & Woods raised their target price on shares of Nayax from $40.00 to $50.00 and gave the company a "market perform" rating in a research report on Wednesday, July 9th. Finally, Jefferies Financial Group restated a "buy" rating on shares of Nayax in a research report on Tuesday, May 13th. Three research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $42.00.

Nayax Price Performance

Nayax stock traded down $0.15 during mid-day trading on Monday, reaching $46.10. The company had a trading volume of 1,553 shares, compared to its average volume of 11,161. Nayax has a fifty-two week low of $22.06 and a fifty-two week high of $52.46. The company has a current ratio of 1.68, a quick ratio of 1.59 and a debt-to-equity ratio of 0.77. The company has a market cap of $1.63 billion, a P/E ratio of 80.88 and a beta of 0.23. The business has a fifty day simple moving average of $45.64 and a 200 day simple moving average of $41.24.

Hedge Funds Weigh In On Nayax

Hedge funds and other institutional investors have recently bought and sold shares of the company. Russell Investments Group Ltd. lifted its holdings in Nayax by 210.5% in the second quarter. Russell Investments Group Ltd. now owns 590 shares of the company's stock valued at $30,000 after buying an additional 400 shares during the period. Bank of America Corp DE lifted its holdings in Nayax by 920.4% in the fourth quarter. Bank of America Corp DE now owns 1,500 shares of the company's stock valued at $44,000 after buying an additional 1,353 shares during the period. Ascent Group LLC acquired a new position in Nayax in the second quarter valued at $220,000. Vanguard Personalized Indexing Management LLC acquired a new position in Nayax in the second quarter valued at $340,000. Finally, Citadel Advisors LLC bought a new stake in Nayax in the fourth quarter valued at $217,000. Institutional investors and hedge funds own 34.87% of the company's stock.

About Nayax

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.