NASDAQ:PAYS

PaySign (PAYS) Stock Forecast, Price & News

$1.86

-0.09 (-4.58%)

(As of 12:58 PM ET)

Compare

Today's Range: $1.85
▼
$1.92
50-Day Range: $1.78
▼
$2.26
52-Week Range: $1.74
▼
$3.99

Volume: 58,790 shs
Average Volume: 163,272 shs
Market Capitalization: $98.15 million

P/E Ratio: 62.04
Dividend Yield: N/A
Price Target: $4.67

PaySign MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 139.3% Upside
$4.67 Price Target
Short Interest: Healthy
2.70% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Selling Shares
$194,598 Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.28 out of 5 stars

Business Services Sector

140th out of 318 stocks

Business Services, Not Elsewhere Classified Industry

52nd out of 92 stocks

3.5

Analyst's Opinion

Consensus Rating
PaySign has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $4.67, PaySign has a forecasted upside of 139.3% from its current price of $1.95.
Amount of Analyst Coverage
PaySign has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
2.70% of the float of PaySign has been sold short.
Short Interest Ratio / Days to Cover
PaySign has a short interest ratio ("days to cover") of 6.5.
Change versus previous month
Short interest in PaySign has recently decreased by 3.56%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
PaySign does not currently pay a dividend.
Dividend Growth
PaySign does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for PAYS.

3.3

News and Social Media Coverage

News Sentiment
PaySign has a news sentiment score of 1.89. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.68 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 1 news article for PaySign this week, compared to 1 article on an average week.
MarketBeat Follows
4 people have added PaySign to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, PaySign insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $194,598.00 in company stock.
Percentage Held by Insiders
41.80% of the stock of PaySign is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 19.39% of the stock of PaySign is held by institutions.

0.6

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of PaySign is 65.02, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 107.61.
Price to Earnings Ratio vs. Sector
The P/E ratio of PaySign is 65.02, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 28.48.
Price to Book Value per Share Ratio
PaySign has a P/B Ratio of 6.29. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About PaySign (NASDAQ:PAYS) Stock

PaySign, Inc. provides prepaid card products and processing services under the PaySign brand for corporate, consumer, and government applications. It offers various services, such as transaction processing, cardholder enrollment, value loading, cardholder account management, reporting, and customer service through PaySign, a card processing platform. The company also develops prepaid card programs for corporate incentive and rewards, including consumer rebates, donor compensation, clinical trials, healthcare reimbursement payments, and pharmaceutical payment assistance; and payroll or general purpose reloadable cards, as well as gift or incentive cards. In addition, it offers Per Diem, Corporate Expense, and Business Travel Cards that allows businesses, and nonprofits and government agencies the ability to control employee spending while reducing administration costs by eliminating the need for traditional expense reports. Further, the company provides payment claims processing and other administrative services; pharmacy-based voucher and copay, and medical claims and debit-based affordability programs; PaySign Premier, a demand deposit account debit card; and payment solution for source plasma collection centers, as well as customer service center and PaySign Communications Suite services. Its principal target markets for processing services comprise prepaid card issuers, retail and private-label issuers, small third-party processors, and small and mid-size financial institutions in the United States and Mexico. The company was formerly known as 3PEA International, Inc. and changed its name to PaySign, Inc. in April 2019. PaySign, Inc. was incorporated in 1995 and is headquartered in Henderson, Nevada.

PAYS Price History

30 days | 90 days | 365 days | Advanced Chart

PAYS Stock News Headlines

September 22, 2023 | americanbankingnews.com

Barrington Research Reiterates Outperform Rating for PaySign (NASDAQ:PAYS)

September 18, 2023 | msn.com

PaySign: Don't Overlook The Warning Signs

October 2, 2023 | PressReach (Ad)

Nuclear Revival Creates Opportunities for Uranium

Uranium companies set to benefit from increased demand for clean energy.

August 17, 2023 | markets.businessinsider.com

Analysts Have Conflicting Sentiments on These Financial Companies: Jack Henry & Associates (JKHY) and PaySign (PAYS)

August 10, 2023 | finance.yahoo.com

Insiders still own 39% of PaySign, Inc. (NASDAQ:PAYS) despite recent sales

August 9, 2023 | finance.yahoo.com

Q2 2023 Paysign Inc Earnings Call

August 8, 2023 | finance.yahoo.com

Paysign, Inc. Reports Second Quarter 2023 Financial Results

August 1, 2023 | finance.yahoo.com

Paysign, Inc. to Participate in the August 2023 Sidoti Micro-Cap Virtual Investor Conference

October 2, 2023 | PressReach (Ad)

Nuclear Revival Creates Opportunities for Uranium

Uranium companies set to benefit from increased demand for clean energy.

July 28, 2023 | markets.businessinsider.com

Top 5 Financial Stocks That May Rocket Higher In Q3

July 25, 2023 | finance.yahoo.com

Paysign, Inc. to Present at the Oppenheimer 26th Annual Technology, Internet and Communications Conference

July 13, 2023 | finance.yahoo.com

Paysign to Host Second Quarter 2023 Earnings Call

June 22, 2023 | msn.com

PaySign Is Finally Getting Promising Traction In Its Pharma Business

June 8, 2023 | baystreet.ca

Paysign to Join Russell Index

June 8, 2023 | msn.com

Paysign expects to join Russell 3000 Index

June 8, 2023 | finance.yahoo.com

Paysign, Inc. Expects to Join Russell 3000® Index

June 6, 2023 | finance.yahoo.com

Paysign and Spentra Announce Integration and Payroll Card Program

May 25, 2023 | msn.com

Barrington Research Reiterates PaySign (PAYS) Outperform Recommendation

May 17, 2023 | finance.yahoo.com

Those who invested in PaySign (NASDAQ:PAYS) a year ago are up 121%

May 16, 2023 | finance.yahoo.com

Paysign, Inc. to Present at the Barrington Research Virtual Spring Investment Conference

May 15, 2023 | msn.com

DA Davidson Maintains PaySign (PAYS) Buy Recommendation

May 15, 2023 | markets.businessinsider.com

Analyst Ratings for PaySign

May 12, 2023 | finance.yahoo.com

Q1 2023 Paysign Inc Earnings Call

May 12, 2023 | markets.businessinsider.com

Barrington Remains a Buy on PaySign (PAYS)

May 12, 2023 | markets.businessinsider.com

Maxim Group Sticks to Their Buy Rating for PaySign (PAYS)

May 10, 2023 | finance.yahoo.com

Paysign, Inc. Reports First Quarter 2023 Financial Results

April 19, 2023 | finance.yahoo.com

Paysign, Inc. to Present at the Ladenburg Thalmann Tech Expo 2023

See More Headlines

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PAYS Company Calendar

Last Earnings: 3/21/2023
Today: 10/02/2023
Next Earnings (Estimated): 11/14/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Business services, not elsewhere classified
Sub-Industry: N/A
Sector: Business Services
Current Symbol: NASDAQ:PAYS
CUSIP: N/A
CIK: 1496443
Web: www.paysign.com
Phone: (702) 453-2221
Fax: 702-453-2223
Employees: 108
Year Founded: 1995

Price Target and Rating

Average Stock Price Forecast: $4.67
High Stock Price Forecast: $5.50
Low Stock Price Forecast: $4.00
Forecasted Upside/Downside: +139.3%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.03
Trailing P/E Ratio: 65.02
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $1.03 million
Net Margins: 3.07%
Pretax Margin: 3.39%
Return on Equity: 8.15%
Return on Assets: 1.16%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.09
Quick Ratio: 1.09

Sales & Book Value

Annual Sales: $38.03 million
Price / Sales: 2.70
Cash Flow: $0.08 per share
Price / Cash Flow: 25.87
Book Value: $0.31 per share
Price / Book: 6.29

Miscellaneous

Outstanding Shares: 52,750,000
Free Float: 40,409,000
Market Cap: $102.86 million
Optionable: Optionable
Beta: 0.96

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Key Executives

Mr. Mark R. Newcomer (Age 58)
Co-Founder, Chairman & CEO
Comp: $1.16M

Mr. Jeffery B. Baker (Age 52)
CFO & Treasurer
Comp: $559.42k

Mr. Robert P. Strobo Esq. (Age 44)
Gen. Counsel, Chief Legal Officer & Corp. Sec.
Comp: $561k

Mr. Matthew Lanford (Age 56)
COO, Pres & Director

Mr. Brad Cunningham
Chief Technology Officer

Mr. James McCroy
Exec. VP of Strategic Devel./IR

Mr. Eric Trudeau
Chief Compliance Officer

Mr. Dennis M. DiVenuta J.D.
Exec. VP of Strategy & Corp. Devel.

Alicia Ches
Director of Marketing

Ms. Joan M. Herman (Age 66)
Exec. VP of Operations & Exec. Director

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

PAYS Stock - Frequently Asked Questions

Should I buy or sell PaySign stock right now?: 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for PaySign in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" PAYS shares.
View PAYS analyst ratings or view top-rated stocks.
What is PaySign's stock price forecast for 2023?: 2 equities research analysts have issued 12 month price objectives for PaySign's stock. Their PAYS share price forecasts range from $4.00 to $5.50. On average, they expect the company's share price to reach $4.67 in the next twelve months. This suggests a possible upside of 139.3% from the stock's current price.
View analysts price targets for PAYS or view top-rated stocks among Wall Street analysts.
How have PAYS shares performed in 2023?: PaySign's stock was trading at $2.58 on January 1st, 2023. Since then, PAYS stock has decreased by 24.4% and is now trading at $1.95.
View the best growth stocks for 2023 here.
When is PaySign's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023.
View our PAYS earnings forecast.
How were PaySign's earnings last quarter?: PaySign, Inc. (NASDAQ:PAYS) announced its earnings results on Tuesday, March, 21st. The company reported $0.01 earnings per share (EPS) for the quarter. The firm had revenue of $10.62 million for the quarter, compared to analyst estimates of $10.70 million. PaySign had a trailing twelve-month return on equity of 8.15% and a net margin of 3.07%.
What guidance has PaySign issued on next quarter's earnings?: PaySign issued an update on its FY 2023 earnings guidance on Tuesday, August, 8th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $44.00 million-$46.00 million, compared to the consensus revenue estimate of $45.19 million.

What other stocks do shareholders of PaySign own?: Based on aggregate information from My MarketBeat watchlists, some companies that other PaySign investors own include Advanced Micro Devices (AMD), NVIDIA (NVDA), PayPal (PYPL), Veeva Systems (VEEV), Xilinx (XLNX), Fortinet (FTNT), Mastercard (MA), Alibaba Group (BABA), Walt Disney (DIS) and AbbVie (ABBV).
What is PaySign's stock symbol?: PaySign trades on the NASDAQ under the ticker symbol "PAYS."
How do I buy shares of PaySign?: Shares of PAYS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is PaySign's stock price today?: One share of PAYS stock can currently be purchased for approximately $1.95.
How much money does PaySign make?: PaySign (NASDAQ:PAYS) has a market capitalization of $102.86 million and generates $38.03 million in revenue each year. The company earns $1.03 million in net income (profit) each year or $0.03 on an earnings per share basis.
How many employees does PaySign have?: The company employs 108 workers across the globe.
How can I contact PaySign?: PaySign's mailing address is 2615 St. Rose Parkway, Henderson NV, 89052. The official website for the company is www.paysign.com. The company can be reached via phone at (702) 453-2221, via email at investor@paysign.com, or via fax at 702-453-2223.

This page (NASDAQ:PAYS) was last updated on 10/2/2023 by MarketBeat.com Staff

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