William Blair Analysts Increase Earnings Estimates for Nayax

Key Points

• William Blair has increased its FY2025 EPS estimate for Nayax to $0.90 from $0.64, signaling a positive outlook for the company's earnings growth.
• Nayax reported better than expected Q2 earnings at $0.16 per share, exceeding the consensus estimate of $0.10, despite revenue falling short of analyst expectations.
• Multiple analysts have issued positive ratings on Nayax stock, with target prices ranging from $43.00 to $50.00, indicating favorable market sentiment surrounding the company.

Nayax Ltd. (NASDAQ:NYAX - Free Report) - Analysts at William Blair upped their FY2025 earnings estimates for shares of Nayax in a research note issued to investors on Wednesday, August 13th. William Blair analyst C. Kennedy now forecasts that the company will earn $0.90 per share for the year, up from their prior estimate of $0.64. The consensus estimate for Nayax's current full-year earnings is ($0.16) per share. William Blair also issued estimates for Nayax's Q4 2025 earnings at $0.39 EPS and FY2026 earnings at $1.54 EPS.

NYAX has been the subject of a number of other reports. UBS Group upped their target price on shares of Nayax from $39.00 to $43.00 and gave the stock a "neutral" rating in a research note on Thursday, August 14th. Keefe, Bruyette & Woods upped their target price 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. B. Riley restated a "buy" rating and set a $47.00 price objective (up from $44.00) on shares of Nayax in a research note on Wednesday, May 14th. Jefferies Financial Group restated a "buy" rating on shares of Nayax in a research note on Tuesday, May 13th. Finally, Wall Street Zen downgraded shares of Nayax from a "strong-buy" rating to a "buy" rating in a research note on Sunday, June 1st. Three equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $42.00.

Nayax Stock Down 0.3%

NASDAQ NYAX traded down $0.15 on Monday, reaching $46.10. The company had a trading volume of 1,553 shares, compared to its average volume of 11,161. The firm has a market capitalization of $1.63 billion, a price-to-earnings ratio of 80.88 and a beta of 0.23. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.59 and a current ratio of 1.68. Nayax has a 1-year low of $22.06 and a 1-year high of $52.46. The company's fifty day moving average is $45.64 and its 200-day moving average is $41.24.

Nayax (NASDAQ:NYAX - Get Free Report) last announced its 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 firm had revenue of $95.59 million during the quarter, compared to analyst estimates 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 Investors Weigh In On Nayax

Several hedge funds have recently bought and sold shares of the stock. Bosun Asset Management LLC lifted its position in Nayax by 28.8% during the second quarter. Bosun Asset Management LLC now owns 12,634 shares of the company's stock worth $635,000 after acquiring an additional 2,828 shares during the last quarter. Marshall Wace LLP acquired a new stake in Nayax during the second quarter worth approximately $2,649,000. Russell Investments Group Ltd. lifted its position in Nayax by 210.5% during the second quarter. Russell Investments Group Ltd. now owns 590 shares of the company's stock worth $30,000 after acquiring an additional 400 shares during the last quarter. Legal & General Group Plc lifted its position in Nayax by 18.6% during the second quarter. Legal & General Group Plc now owns 14,087 shares of the company's stock worth $711,000 after acquiring an additional 2,214 shares during the last quarter. Finally, Swiss National Bank lifted its position in Nayax by 13.2% during the second quarter. Swiss National Bank now owns 28,152 shares of the company's stock worth $1,418,000 after acquiring an additional 3,281 shares during the last quarter. 34.87% of the stock is currently owned by institutional investors and hedge funds.

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.