NASDAQ:PAYS

PaySign (PAYS) Stock Forecast, Price & News

$2.58

-0.07 (-2.64%)

(As of 06/8/2023 ET)

Compare

Today's Range: $2.55
▼
$2.70
50-Day Range: $2.40
▼
$3.78
52-Week Range: $1.42
▼
$3.99

Volume: 139,328 shs
Average Volume: 147,362 shs
Market Capitalization: $134.88 million

P/E Ratio: 86.03
Dividend Yield: N/A
Price Target: $4.67

PaySign MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 80.9% Upside
$4.67 Price Target
Short Interest: Healthy
0.93% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.76
Based on 4 Articles This Week
Insider Trading: Selling Shares
$666,000 Sold Last Quarter
Proj. Earnings Growth: 340.00%
From $0.05 to $0.22 Per Share

Overall MarketRank^™

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

2.89 out of 5 stars

Business Services Sector

18th out of 327 stocks

Business Services, Not Elsewhere Classified Industry

5th out of 88 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 80.9% from its current price of $2.58.
Amount of Analyst Coverage
PaySign has only been the subject of 2 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.93% 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 2.1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in PaySign has recently increased by 6.32%, indicating that investor sentiment is decreasing significantly.

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.

3.8

News and Social Media Coverage

News Sentiment
PaySign has a news sentiment score of 0.76. 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 0.46 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for PaySign this week, compared to 2 articles on an average week.
Search Interest
1 people have searched for PAYS on MarketBeat in the last 30 days.
MarketBeat Follows
3 people have added PaySign to their MarketBeat watchlist in the last 30 days. This is an increase of 200% 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 $666,000.00 in company stock.
Percentage Held by Insiders
23.40% 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 12.91% of the stock of PaySign is held by institutions.

3.1

Earnings and Valuation

Earnings Growth
Earnings for PaySign are expected to grow by 340.00% in the coming year, from $0.05 to $0.22 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of PaySign is 86.03, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.06.
Price to Earnings Ratio vs. Sector
The P/E ratio of PaySign is 86.03, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 325.27.
Price to Book Value per Share Ratio
PaySign has a P/B Ratio of 8.32. 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. engages in the provision of prepaid card programs and processing services for corporate, consumer and government applications. It specializes in corporate incentive products, payroll cards, general purpose re-loadable cards, and travel cards. It markets its prepaid solutions through its PaySign brand. The company was founded by Mark R. Newcomer and Daniel H. Spencer on August 24, 1995 and is headquartered in Henderson, NV.

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PAYS Stock News Headlines

June 8, 2023 | baystreet.ca

Paysign to Join Russell Index

June 8, 2023 | msn.com

Paysign expects to join Russell 3000 Index

June 9, 2023 | UNKNOWN (Ad)

This Company Is Solving A Multi-Billion Dollar Problem!

This Little Known NASDAQ Stock is Solving a Multi-Billion Dollar Problem!

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 28, 2023 | americanbankingnews.com

Critical Review: FiscalNote (OTCMKTS:NOTE) & PaySign (NASDAQ:PAYS)

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%

June 9, 2023 | Behind the Markets (Ad)

66,000% upside on tiny biotech?

The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.

May 17, 2023 | americanbankingnews.com

PaySign (NASDAQ:PAYS) PT Lowered to $4.00

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

May 8, 2023 | americanbankingnews.com

PaySign (PAYS) Scheduled to Post Earnings on Wednesday

April 19, 2023 | finance.yahoo.com

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

April 12, 2023 | finance.yahoo.com

Paysign to Host First Quarter 2023 Earnings Call

April 7, 2023 | americanbankingnews.com

Daniel Spence Sells 200,000 Shares of PaySign, Inc. (NASDAQ:PAYS) Stock

March 25, 2023 | americanbankingnews.com

Barrington Research Boosts PaySign (NASDAQ:PAYS) Price Target to $5.50

March 23, 2023 | americanbankingnews.com

PaySign (NASDAQ:PAYS) Releases Earnings Results

March 23, 2023 | americanbankingnews.com

PaySign (NASDAQ:PAYS) Price Target Increased to $4.50 by Analysts at Maxim Group

March 21, 2023 | finance.yahoo.com

Paysign, Inc. Announces New $5,000,000 Stock Repurchase Program

March 21, 2023 | finance.yahoo.com

Paysign, Inc. Reports Fourth Quarter and Full-Year 2022 Financial Results

March 21, 2023 | msn.com

Earnings Preview For PaySign

See More Headlines

PAYS Price History

30 days | 90 days | 365 days | Advanced Chart

PAYS Company Calendar

Last Earnings: 3/21/2023
Today: 6/08/2023
Next Earnings (Estimated): 8/08/2023
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: 80
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: +80.9%
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: 86.03
Forward P/E Ratio: 51.60
P/E Growth: N/A
Net Income: $1.03 million
Net Margins: 2.95%
Pretax Margin: 3.21%
Return on Equity: 7.74%
Return on Assets: 1.08%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.08
Quick Ratio: 1.08

Sales & Book Value

Annual Sales: $38.03 million
Price / Sales: 3.55
Cash Flow: $0.07 per share
Price / Cash Flow: 35.82
Book Value: $0.31 per share
Price / Book: 8.32

Miscellaneous

Outstanding Shares: 52,280,000
Free Float: 40,044,000
Market Cap: $134.88 million
Optionable: Optionable
Beta: 1.08

Social Links

Key Executives

Mark R. Newcomer
Chairman & Chief Executive Officer

Matthew Lanford
President, Chief Operating Officer & Director

Jeffery B. Baker
Chief Financial Officer

Brad Cunningham
Chief Technology Officer

Eric Trudeau
Chief Compliance Officer

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 analysts have issued "buy," "hold," and "sell" ratings for PaySign in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street 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 Wall Street analysts have issued 12 month price targets for PaySign's stock. Their PAYS share price forecasts range from $4.00 to $5.50. On average, they anticipate the company's share price to reach $4.67 in the next twelve months. This suggests a possible upside of 80.9% 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 at the beginning of 2023. Since then, PAYS shares have increased by 0.0% and is now trading at $2.58.
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, August 8th 2023.
View our PAYS earnings forecast.
How were PaySign's earnings last quarter?: PaySign, Inc. (NASDAQ:PAYS) released its quarterly earnings data on Tuesday, March, 21st. The company reported $0.01 EPS for the quarter. The company earned $10.62 million during the quarter, compared to analysts' expectations of $10.70 million. PaySign had a net margin of 2.95% and a trailing twelve-month return on equity of 7.74%.
What guidance has PaySign issued on next quarter's earnings?: PaySign issued an update on its second quarter 2023 earnings guidance on Friday, May, 12th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $9.89 million-$10.32 million, compared to the consensus revenue estimate of $10.87 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."
Who are PaySign's major shareholders?: PaySign's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (2.21%), BlackRock Inc. (0.94%), Adirondack Retirement Specialists Inc. (0.72%), Newport Capital Group LLC (0.72%), JCSD Capital LLC (0.47%) and G2 Investment Partners Management LLC (0.38%). Insiders that own company stock include Daniel Spence, Jeffery Bradford Baker, Joan M Herman, Mark Newcomer, Matthew Louis Lanford and Robert Strobo.
View institutional ownership trends.
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 $2.58.
How much money does PaySign make?: PaySign (NASDAQ:PAYS) has a market capitalization of $134.88 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 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 6/9/2023 by MarketBeat.com Staff

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